How to Buy a $3M Storage Facility With Zero Down

If you're serious about buying your first self-storage facility in the next 6–12 months, schedule a free discovery call to see if the Storage Wins community is the right fit for you: https://www.StorageWins.com/call Dan Wenzel is back for another coaching call, and this one gets tactical. After hitting a wall over the past few weeks while adjusting to life with a newborn, Dan is rebuilding his momentum and zeroing in on a real deal he has been tracking: a 258-unit, 32,000 sq ft self-storage facility in Washington state. The best part? The seller is offering 100% seller financing at 5% interest only, meaning Dan could get into this deal with zero money out of his pocket. Alex walks Dan through the full numbers live, breaking down gross revenue, operating expenses, net operating income, and what happens to cash flow after debt service. At current rates, the facility cash flows just under $2,000 a month from day one. But with rates sitting 25 to 30% under market, the conservative upside brings that number closer to $4,600 a month once operations are tightened up and rates are raised. They also unpack the bigger questions: should Dan bring on an equity partner, or is the intimidation factor the only thing standing in his way? How do you evaluate a deal against worst case, likely, and best case scenarios? And what does it actually take to move forward on a $3 million facility when you are still waiting on your first deal to close? If you have been following Dan's journey from the beginning, this is the episode where things start to get real. Links Join our Free Facebook Group: Storage Wins™ | Buy Your First Storage Deal   / 322064908446514   📞 Book a Discovery Call – Let’s Get You Your First Storage Deal! Tired of spinning your wheels and watching others close deals? Apply for a Free 1-on-1 Strategy Call and let’s map out your first (or next) Self-Storage facility deal. https://www.StorageWins.com/call 🎥 Watch More Self-Storage Content on How To Buy Your First Storage Facility:    • How to Buy Your First Storage Facility   📌 Subscribe for weekly Self-Storage investing strategies →    / alexpardo   🔥 Newest Episodes on Storage Investing: ➡️    • The 60-Second Fix for Losing Your Momentum   ➡️    • How to Build a Follow-Up System That Runs ...   ➡️    • Why Your First Storage Deal Is Taking Long...   Let me help you buy your First Storage Facility, so you can generate more Cash Flow, Build Wealth, and Live Free! Listen to the Storage Wins podcast on your favorite platforms: Apple Podcasts: https://podcasts.apple.com/us/podcast... Spotify: https://open.spotify.com/show/3YVwQGC... 📲 Follow Alex Pardo for Daily Real Estate & Business Growth Tips 📸 Instagram →   / alexpardo25   Key Talking Points of the Episode 00:00 Introduction 00:46 Dan Wenzel's Storage Journey Recap 01:48 How Stalled Momentum Kills Progress 03:31 Celebrating Small Wins in Storage Investing 05:55 Why Small Wins Lead to Big Deals 07:24 How to Reset and Rebuild Momentum Fast 09:42 Balancing Family and Real Estate Investing 10:50 Doing Hard Things: The Ultra Marathon Mindset 13:16 Deal Overview: 258-Unit Washington State Facility 15:13 What Occupancy Rate Tells You About a Storage Deal 16:12 Analyzing Below-Market Rates and Revenue Upside 18:41 Cash Flow vs. Equity: Choosing Your Investment Play 19:57 NOI, Debt Service, and Net Cash Flow Explained 22:14 Equity Partner vs. Private Lender: How to Decide 25:54 Running the As-Is Numbers on a Storage Deal 28:26 How 100% Seller Financing Works in Self-Storage 30:03 Buying Storage With Zero Money Out of Pocket 31:43 Overcoming Fear on Your First Commercial Deal 33:04 Best Case, Worst Case, and Likely Scenario Framework 35:47 Raising Rates to $325K Revenue: The Conservative Upside 41:02 Due Diligence Red Flags: Flood Plain and Insurance 44:23 Why Your Loan Term Can Make or Break a Deal 47:21 Earnest Money and Due Diligence Period Strategy 51:00 Massive Imperfect Action: Progress Over Perfection