Joe DownsCEO & Co-Founder, Belrose Storage Group. Founder, Storage Moguls.

The Deal That Started the Journey

29 Apr 2026 · 1 min

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1:23

This content was created by Joe Downs. This content was uploaded by Joe Downs. This is a YouTube video titled "The Deal That Started the Journey" (created 2026-04-29) containing an informal, two-speaker discussion about real-estate investing and property operations. The speakers describe transitioning and prepping a small facility after purchase, meeting another seller and putting another property under contract, and walk through the numbers: roughly $4,000/month net cash flow after debt, an $85,000 initial investment and a stated ~56% cash-on-cash return (citing $48,000 on that investment). The excerpt focuses on cash flow, returns, and early operational work on the facility.

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$2,000 cash flow accelerated. Right. And while we were there transitioning our first facility after we just bought it, right, we're in there, we're getting dirty, we're figuring out what units need to be cleaned out, prepped, so on and so forth. We drove the market and ended up meeting another seller and ended up getting another property under contract.
You're, you're getting ahead. I'm not, I'm not— I'll go back.
I'm sorry.
No, you're You don't have to go back. I'm going to ask you that in a second. I was leading you. I want to, I want to, I want to make sure we tease everything out of this first facility because there's— we're kind of missing— the cash flow is amazing. We haven't finished that yet. Where is that cash flow today?
On that one, since it's a small facility, we are probably cash flowing around $4,000 a month, and that's after debt.
So now we're $48,000 on our $85,000 initial investment. So now we're up to a 56% cash-on-cash return net of debt service.
Yeah. And $4,000 is not life-changing, but it is nice to be consistently coming in on a monthly basis.
Look, you can't, you can't spend 56% cash-on-cash return, but you can spend $4,000 a month.
Yes.
That doesn't suck.
Yeah.