Self Storage 101: Property Analysis, Market Insights & More
Published 11/2024
MP4 | Video: h264, 1920x1080 | Audio: AAC, 44.1 KHz
Language: English | Size: 1.50 GB | Duration: 2h 15m
Master the essentials of self storage property analysis and fundamentals of the industry.
What you'll learn
Perform a self storage investment analysis
Understand the self storage business and operations
Master key financial metrics and storage reports
Overview of the self storage industry
Requirements
No requirements - only a willingness to learn!
Description
Self Storage 101: Property Analysis, Market Insights & More is an in-depth course designed to equip beginner real estate investors, brokers, analysts, and industry newcomers with the knowledge and tools in self-storage investment. This course is structured in such a way to mastering the fundamentals of self-storage as an asset class and the essentials of property analysis.We start with a detailed overview of the self-storage industry, discussing market dynamics, demand drivers, and growth trends to set the foundations. From there, we dive into the specifics of self-storage as an asset class, covering topics like property types, operational metrics, and income drivers.The course concludes with a deal walkthrough, guiding you from start to finish in analyzing a self-storage opportunity. We cover the P&L, unit mix, storage software reports, occupancy data and much more. The goal of this course is to provide a foundational level of knowledge of the self storage industry and allow you to begin underwriting deals on your own.After the conclusion of the course, I encourage you to create your own financial model and begin to create formulas to analyze self storage deals. This will significantly help the learning curve and you will learn by doing!Any questions at all please reach out and I look forward to connecting with you in the course.
Overview
Section 1: Introduction
Lecture 1 Introduction
Lecture 2 About Me
Lecture 3 Course Overview
Section 2: Self Storage Industry Overview
Lecture 4 Self Storage Sales History
Lecture 5 Self Storage Construction Growth
Lecture 6 10 Year Treasury / Interest Rates Impact
Lecture 7 Optimism For The Future & Resources To Review
Section 3: The Self Storage Business, Property Classes & More
Lecture 8 Self Storage Business - Explained
Lecture 9 Property Classes (A/B/C)
Lecture 10 Property Performance Indicators
Lecture 11 Unit Types & Features
Lecture 12 Income Generators (Rent + Other Income)
Section 4: Self Storage Data & Technology
Lecture 13 StorTrack Overview
Lecture 14 Yardi Matrix Overview
Lecture 15 TractIQ Overview
Lecture 16 Radius+ Overview
Section 5: Market Analysis: Location, Demos, Construction & More
Lecture 17 Property Location - 5 Key Factors
Lecture 18 Urban, Suburban, Rural
Lecture 19 Tracking Market Growth
Lecture 20 Demographics
Lecture 21 Demand Analysis & Rent Comparables
Lecture 22 Finding Self Storage Developments Nearby
Lecture 23 Drive Time Map
Lecture 24 Tenant Map
Section 6: Financial Analysis: Unit Mix, P&L, Rent Roll & More
Lecture 25 Unit Mix
Lecture 26 P&L Review
Lecture 27 Management Summary
Lecture 28 Management History Report
Lecture 29 Rent Roll
Section 7: Self Storage Evaluation Walkthrough
Lecture 30 Analysis Introduction
Lecture 31 Property Summary Tab (Part 1 )
Lecture 32 Property Summary Tab (Part 2)
Lecture 33 Competition Analysis
Lecture 34 Occupancy & Rate History
Lecture 35 Unit Mix
Lecture 36 P&L
Lecture 37 Revenue Analysis
Lecture 38 Expense Analysis
Lecture 39 Property Value - NOI, Cap Rate, PPSF, Cash On Cash
Section 8: Conclusion/Wrap Up
Lecture 40 Next Steps!
Introductory course for investors, analysts, and brokers wanting to learn more about self storage.