page contents
USA Real Estate Blog

051: How Mike Wagner Made $750K Flipping a Self Storage Facility (Part 1)

0 0

Over the past year, we’ve spent quite a bit of time trying to learn and understand the business of self-storage investing.

It’s one of those businesses that seems pretty simple at first glance (because there are no tenants living at the property, no toilets, the capital expenditures are pretty predictable and easy to forecast), but like any real business out there, when you start looking for deals, crunching the number and working the day-to-day, you’ll probably find that it’s a little more complex than meets the eye.

In my own personal quest to learn more about this business, I’ve done a lot of searching on Facebook and YouTube to find others who are doing this stuff and talking about it, and in the process, I came across this guy named Mike Wagner with a website, YouTube Channel and Facebook Group called the Storage Rebellion.

A few months ago, he posted a 3-minute video on YouTube talking about a recent deal he did where he made $750K (425K in cash and another $325K in homes that he took in trade). He originally bought a facility for $360,000, did another $300K of improvements, and then sold it off for $1,325,000.

And keep in mind, this DOESN’T include the $200K in cash flow he had collected over the course of four years while he owned it. I’ll link to the video in our show notes for this episode, by the way – you can find that at

When I saw this video, I knew we had to get this guy on the podcast to learn more about how he did it and to get his insights on other aspects of the business… so listen in – I think you’ll enjoy this!

Share your thoughts:

  • Leave a note in the comments section below.
  • Share this episode on Twitter, Facebook or LinkedIn (social sharing buttons below!)

Help out the show:

Thanks again for joining me this week. Until next time!

Right-click here and “Save As” to download this episode to your computer.

Need Help In Your Land Business?

When you’re getting started in a new business venture like buying and selling vacant land, there are a lot of things to learn about how to find deals, research properties and get them sold quickly for a profit.

A mentoring relationship isn’t always necessary for everyone to get started. Some people have everything it takes to figure it out on their own. It’s not a question of whether they’ll succeed… it’s just a matter of how long it will take to get there.

This is where a good coach and mentor can be a game-changer because they can shave a significant amount of time off your learning curve, which can have an invaluable impact on your business and life – getting you to your financial goals much faster.

If you want to jump start your business and significantly shorten your learning curve, we can help with that!

For a limited time, we are accepting new coaching clients in our land education program. Submit your application here if you’re interested!

Submit Your Application!

قالب وردپرس

You might also like

Leave A Reply

Your email address will not be published.

Pin It on Pinterest

Share This

Share this post with your friends!