BUYING a STORAGE company Here's How Much It Makes

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  • เผยแพร่เมื่อ 26 ต.ค. 2024

ความคิดเห็น • 1.2K

  • @InvestmentJoy
    @InvestmentJoy  3 ปีที่แล้ว +126

    Quick reminder : the course pre-sale is over MONDAY and the price goes up $100. See investmentjoy.com/course to get before it goes up!

    • @zacaryortiz6912
      @zacaryortiz6912 3 ปีที่แล้ว +2

      How would I be able to get a scholarship for the course?

    • @noahahsan
      @noahahsan 3 ปีที่แล้ว +1

      I'm interested to know how much you make per month with your 3 businesses and all the payments you have to make and it will be cool if you show us how you upgrade each businesses to make them better

    • @byronrogers4489
      @byronrogers4489 3 ปีที่แล้ว

      How long will I have access to the course, if I decide to purchase it?

    • @victormendez3833
      @victormendez3833 3 ปีที่แล้ว

      Love the vids man

    • @Robert-vs4uz
      @Robert-vs4uz 3 ปีที่แล้ว +1

      Just my suggestion don’t know if it’s good or not but give your trailer park people discounts at your business to encourage more use

  • @lw3269
    @lw3269 3 ปีที่แล้ว +460

    Love how you buy businesses that require little maintenance, no products, and minimal customer service. Clean money makers.

    • @bobbywayne7732
      @bobbywayne7732 3 ปีที่แล้ว +4

      Link up with Evan Jordan💯💯

    • @TheDoctorSung
      @TheDoctorSung 3 ปีที่แล้ว +8

      Perfect for money laundering

    • @roberthouston6562
      @roberthouston6562 3 ปีที่แล้ว +8

      @@TheDoctorSung money should be laundered. It is none of the government's business where anybody's money comes from. Taxes should be voluntary until we are put back on a "Real" tangible asset based monetary system that banks do not control.

    • @ghostrikeit
      @ghostrikeit 3 ปีที่แล้ว +3

      @@roberthouston6562 everyone hates tax but you have to realize that it pays for the nation.

    • @brutishwing2.090
      @brutishwing2.090 3 ปีที่แล้ว +3

      Passive income, the best way to make money

  • @teronplayz1577
    @teronplayz1577 3 ปีที่แล้ว +702

    Fun fact: his TH-cam channel is another business that makes money.

    • @facehunter504
      @facehunter504 3 ปีที่แล้ว +13

      No wayyyyyyy

    • @alejandroballesteros2075
      @alejandroballesteros2075 3 ปีที่แล้ว +3

      @@facehunter504 🤣🤣🤣🖕🏿

    • @jeffreyd508
      @jeffreyd508 3 ปีที่แล้ว +1

      ONLY biz that makes money

    • @ironmenace
      @ironmenace 3 ปีที่แล้ว

      Insert comment get paid
      *feed the poor*

    • @roberthouston6562
      @roberthouston6562 3 ปีที่แล้ว +1

      @@ironmenace if everyone who views this channel gave 1% of their income, wages, tips, earnings etc. the poor could be fed very well. How much did you make last year? Move your decimal point one space to the left and send it to a food bank today, or quit bitching about others. Good day.

  • @MX304
    @MX304 3 ปีที่แล้ว +37

    One key to storage units is making it easy for the customer. Have an online portal where people can enter their info, pay with a credit card, and get a unit assigned without you having to do anything. Automate it to the point that you only have to do a lock audit once or twice a month.

  • @flipperbooch2194
    @flipperbooch2194 3 ปีที่แล้ว +560

    At this point he’s playing real-life GTA Online.

    • @leoforster7222
      @leoforster7222 3 ปีที่แล้ว +4

      Nice pfp 🤘🎸

    • @Rozysebelas
      @Rozysebelas 3 ปีที่แล้ว +4

      At least theres no mk2 on real-life

    • @jcu578
      @jcu578 3 ปีที่แล้ว +4

      GTA Online really do be a life plan strat where the MOC tho

    • @kekw7605
      @kekw7605 3 ปีที่แล้ว +1

      i just wantend to post the same comment 🤣

    • @PandorasFolly
      @PandorasFolly 3 ปีที่แล้ว +2

      How to launder small amounts of money

  • @daveinthelife91
    @daveinthelife91 3 ปีที่แล้ว +1087

    On this episode of "Guy buys a new business every week"

  • @04051988ism
    @04051988ism 3 ปีที่แล้ว +277

    I'd love to see you break down Financials for the storage facility and more in depth videos about storage please. MONEY IS NEVER BORING!!!!

    • @slokytheone
      @slokytheone 3 ปีที่แล้ว +12

      Thats gonna cost you buddy

    • @nickreffner4574
      @nickreffner4574 3 ปีที่แล้ว +5

      For the right price maybe.

  • @Treva2000
    @Treva2000 3 ปีที่แล้ว +218

    The best businesses are the ones which have minimal contact with customers. A lot less hassle. Storage lockers are in high demand.

    • @michaellowe2305
      @michaellowe2305 3 ปีที่แล้ว +12

      Being in the customer service biz myself, I have to agree with you lol

    • @Treva2000
      @Treva2000 3 ปีที่แล้ว +3

      @@michaellowe2305 I imagine you take a real beating in your line of work on some days.

    • @27Zangle
      @27Zangle 3 ปีที่แล้ว +3

      Yep. Just cleared mine out after paying $73 a month for the last 30 months (Alaska). Our unit was 10x10 with a partial storage shelf in a gated business with security cameras. Just about every unit there was rented out and this was a larger storage company. It was only supposed to be a temporary solution while between places. The value of the contents was likely less than half of what we paid overall. The issue was how far away it was and life has a tendency to put up roadblocks making it difficult to get out of town for a few days.

  • @LurksNoMore
    @LurksNoMore 3 ปีที่แล้ว +40

    "Boring" is often very good, when it comes to business and investing!

    • @AnnaFed015
      @AnnaFed015 3 ปีที่แล้ว +1

      I would advise you Invest in the most secure platform with Marvin kemp. He comes highly recommended and those that have reached out have great testimonies even myself. Marvin is best to handle you tradings. He works on a professional level with 99% winning accuracy.

  • @bradentraub
    @bradentraub 3 ปีที่แล้ว +806

    "Buying an entire STATE!! See how much it makes! Epic cash collection!"

    • @floydlooney6837
      @floydlooney6837 3 ปีที่แล้ว +45

      A dump truck full of quarters

    • @dangarcia493
      @dangarcia493 3 ปีที่แล้ว +11

      Coming soon

    • @fdny4891
      @fdny4891 3 ปีที่แล้ว +15

      He’s going to need a bigger bucket

    • @jaybella4793
      @jaybella4793 3 ปีที่แล้ว +5

      5 years from now

    • @jaybella4793
      @jaybella4793 3 ปีที่แล้ว +2

      @@fdny4891 I don't know aren't his heavy duty?

  • @markirvine8040
    @markirvine8040 3 ปีที่แล้ว +199

    Gas Station FYI- Always check the gas tanks for leaks before buying cause I personally had friends look into buying gas stations and you would be surprised which stations had leaks. Leaks let in water, then it cost hundreds of thousands of dollars to replace tanks.

    • @Radairski
      @Radairski 3 ปีที่แล้ว +23

      not to mention if you have to deal with environmental. so expensive.

    • @innergoof19
      @innergoof19 3 ปีที่แล้ว +4

      Leaking fuel tanks on NYC coastline mean salt water in the tanks.

    • @frostbyte9770
      @frostbyte9770 3 ปีที่แล้ว

      About to tell same things

    • @jds433
      @jds433 3 ปีที่แล้ว +7

      Not to mention trying to get USTIF to help with any cleanup always takes for ever to get your money. Literally as an environmental consultant, I'd tell you to stay far away from gas stations...but if you do get one, let me give you my card cause you're going to need it eventually.

    • @southaussiegarbo2054
      @southaussiegarbo2054 3 ปีที่แล้ว

      Hopefully if he buys one its not to old as newer ones have special tanks.

  • @jakerice9172
    @jakerice9172 3 ปีที่แล้ว +9

    Man I remember finding you years ago when it was just the laundry mats , crazy how far you’ve came

    • @AnnaFed015
      @AnnaFed015 3 ปีที่แล้ว +1

      I would advise you Invest in the most secure platform with Marvin kemp. He comes highly recommended and those that have reached out have great testimonies even myself. Marvin is best to handle you tradings. He works on a professional level with 99% winning accuracy.

  • @realredditstories420
    @realredditstories420 3 ปีที่แล้ว +94

    My local storage unit has a self serve renting box. You swipe the card, pick a unit size and it gives you a key. Automatically charges you until you cancel

  • @Jannik_1020
    @Jannik_1020 3 ปีที่แล้ว +133

    Maybe add cameras to some units so people can check their unit from home. Use this as an additional upsale like +5$/mo or so.
    Edit: So people don't have to worry if their things are still there. It gives customers a sense of security and people are often willing to pay extra for that feeling

    • @MrLogan2600
      @MrLogan2600 3 ปีที่แล้ว +2

      He already said he was going to

    • @snoopdogie187
      @snoopdogie187 3 ปีที่แล้ว +7

      @@MrLogan2600 Different. Brandon said he will add cameras to the property, Reddit Wolf is saying add them to inside the storage units. Then have a way a person can view this camera over the internet, so they can check on their property at any time. Basically a personnel security camera, instead of one for the business.

    • @MrMushy1993
      @MrMushy1993 3 ปีที่แล้ว +2

      I was thinking of a security device on the door that will send a text whenever your door is opened or movement either or. I think would be cheaper than installing cameras

    • @roberthouston6562
      @roberthouston6562 3 ปีที่แล้ว +1

      @@MrMushy1993 or, just like an ATM, as the doorknob is turned a camera in the door snaps a pic of who is in front of it.

    • @roberthouston6562
      @roberthouston6562 3 ปีที่แล้ว +1

      @@MrMushy1993 and sends a text w/pic.

  • @OfDaSouth
    @OfDaSouth 3 ปีที่แล้ว +170

    this guy is like a walking embodiment of that one Onion article

    • @mr16325
      @mr16325 3 ปีที่แล้ว +4

      @@Fried_11901 yeah I remember that one 😂

    • @bertholdthoover8793
      @bertholdthoover8793 3 ปีที่แล้ว +3

      Which one?

    • @mr16325
      @mr16325 3 ปีที่แล้ว +9

      @@bertholdthoover8793 the man with 40000 jobs

    • @bertholdthoover8793
      @bertholdthoover8793 3 ปีที่แล้ว +2

      @@mr16325 oh ok

  • @samgardner4667
    @samgardner4667 3 ปีที่แล้ว +173

    You don’t want a restaurant dude. I promise. The overhead is absolutely insane.

    • @robertfota4109
      @robertfota4109 3 ปีที่แล้ว +32

      And the hassle is unreal too. Easily the type of business where you will receive the most abuse from your customers, though of course I doubt you'll spend much time there

    • @samgardner4667
      @samgardner4667 3 ปีที่แล้ว +6

      @jimmy hopkins ideally you want something with either low or set overhead. Do you know how much you’re paying each month outside of the services you provide. If you find a niche market that’s even better. Ultimately the profitability of business has to do with your ability as a business owner or the market you’re in. Hi there is really no one be-all end-all “return great profit“ business. If there was, Everyone would run a business like that. Gas stations are highly profitable, but they’re also prohibitively expensive. Same thing with franchises like McDonald’s Taco Bell etc. Franchises return a great deal of money to their people, especially if you’re able to buy one out right and don’t rely on the company itself to provide you with a majority of your start up costs.

    • @tranquilityrules
      @tranquilityrules 3 ปีที่แล้ว

      Small take out bistro ?

    • @lbu9542
      @lbu9542 3 ปีที่แล้ว +1

      My husband's family owned several and it was a headache for them. I'm sure it's great for many but just didn't work for them.

    • @gamebredduramax71
      @gamebredduramax71 3 ปีที่แล้ว +1

      Dude has stations are a massive headache also, thieves non stop, drive offs, robberies just a massive headache

  • @nathanielmartin6631
    @nathanielmartin6631 3 ปีที่แล้ว

    Yes! This is the best! Car washes laundry mats and storage units. I feel are the easiest commercial property to get into and you're doing them all. Love your TH-cam channel!

  • @AP-ph7hf
    @AP-ph7hf 3 ปีที่แล้ว +466

    Your bank is going to think you're a drug dealer since you're probably turning in a lot of cash every week.

    • @InvestmentJoy
      @InvestmentJoy  3 ปีที่แล้ว +461

      Nearly every banker in town now comes to the wash, so i guess they're in on it?

    • @bkfromtherockies
      @bkfromtherockies 3 ปีที่แล้ว +15

      @@InvestmentJoy LOL! BK

    • @JaZebra
      @JaZebra 3 ปีที่แล้ว +133

      What kind of drug dealer takes quarters

    • @BedeMeredith
      @BedeMeredith 3 ปีที่แล้ว +52

      @@InvestmentJoy when we had a liquor store, the bank had a hard 3k a day cash deposit limit, was very annoying to work around

    • @zakichoudhary507
      @zakichoudhary507 3 ปีที่แล้ว +4

      @@InvestmentJoy The Joy-Contra Scandal...

  • @BadDriversofNewYorkCity
    @BadDriversofNewYorkCity 3 ปีที่แล้ว +16

    Literally my favorite channel on youtube. Thanks so much for the inspiration, I've bought multiple vending machines in the past year and I'm even in the works of setting up taking over a laundromat in a building here in NYC as a start. I was in the same situation you were in, back when you were struggling and it makes me so happy how much you've succeeded and turned your life around. Been here since 50k subs and will be here till the end! Thanks again.

  • @greymarket6834
    @greymarket6834 3 ปีที่แล้ว +5

    you own three of the four businesses ive wanted to own. laundrymat, carwash, and storage units. the last i always wanted to own was a small roadside motel.

  • @Lumberjack-fr6ve
    @Lumberjack-fr6ve 3 ปีที่แล้ว +246

    You are monopolizing the whole area at this point. Nice

    • @elysoumikh8120
      @elysoumikh8120 3 ปีที่แล้ว +72

      he deadass owns the whole entire neighborhood

    • @InvestmentJoy
      @InvestmentJoy  3 ปีที่แล้ว +118

      Trying

    • @ChiefSpartan1
      @ChiefSpartan1 3 ปีที่แล้ว +30

      Its not as bad, since he seems to be fair with pricing. A lot of monos charge up the ass for pricing

    • @mitchellnebrosky2765
      @mitchellnebrosky2765 3 ปีที่แล้ว +11

      @@InvestmentJoy please don't move where I am.. 😂😂

    • @MYRONone.
      @MYRONone. 3 ปีที่แล้ว

      😂😂😂

  • @Ara-vd3zm
    @Ara-vd3zm 3 ปีที่แล้ว

    This guy is so transparent yet humble

  • @cussmustard4748
    @cussmustard4748 3 ปีที่แล้ว +77

    Brandon definitely dominated monopoly games as a kid with Baltic and Mediterranean Ave.

    • @Chrisc205
      @Chrisc205 3 ปีที่แล้ว +1

      YES 🙌🏻

    • @investmentjoy3756
      @investmentjoy3756 3 ปีที่แล้ว

      Link up with Evan Jordan 🔥🔥...

    • @investmentjoy3756
      @investmentjoy3756 3 ปีที่แล้ว

      W.H.A.T.S.A.P.P
      +.1.4.0.5.4.0.0.2.2.2.8

    • @leoforster7222
      @leoforster7222 3 ปีที่แล้ว

      @@investmentjoy3756 nope

    • @moneyzgsupport..4019
      @moneyzgsupport..4019 3 ปีที่แล้ว

      Thanks for the comments don't forget to hit the subscription button +1=5=4=1=7=2=7=5=1=0=8… for guildiance
      =WhatsApp………..+++🚻🚻
      ⏳⏳⏳⏳

  • @ladasodaexplains3355
    @ladasodaexplains3355 3 ปีที่แล้ว +40

    This man is about to own a whole fucking town 😂

    • @AnnaFed015
      @AnnaFed015 3 ปีที่แล้ว +1

      I would advise you Invest in the most secure platform with Marvin kemp. He comes highly recommended and those that have reached out have great testimonies even myself. Marvin is best to handle you tradings. He works on a professional level with 99% winning accuracy.

    • @AnnaFed015
      @AnnaFed015 3 ปีที่แล้ว

      He is available on Telegram always on standby to attend to you. @ marvinkempofficial

  • @dehash666
    @dehash666 3 ปีที่แล้ว +55

    6:09 - the most american background ever:)

    • @Murrel.
      @Murrel. 3 ปีที่แล้ว +2

      Are those real?

    • @raoufbensalem3417
      @raoufbensalem3417 3 ปีที่แล้ว +1

      @@Murrel. ofc

    • @Murrel.
      @Murrel. 3 ปีที่แล้ว

      @@raoufbensalem3417 damn

    • @raoufbensalem3417
      @raoufbensalem3417 3 ปีที่แล้ว +1

      @@Murrel. it was a jk idk if those are real

    • @abandonbelief
      @abandonbelief 3 ปีที่แล้ว

      The fact man in a little coat

  • @utmark07
    @utmark07 3 ปีที่แล้ว +41

    You don’t want a gas station getting/keeping employees that aren’t stealing from you is impossible.

    • @lucasblake449
      @lucasblake449 3 ปีที่แล้ว

      yeah the coloreds!!!!!!!

    • @wilsonator2008
      @wilsonator2008 3 ปีที่แล้ว +3

      Gas Stations would have a lot more costs for stock (fuel and drinks and snacks) and staff than the car washes and car wash tbh

    • @alvinmoneyberg887
      @alvinmoneyberg887 3 ปีที่แล้ว

      @@lucasblake449 this isn't 1950🤣

  • @Ditronus.
    @Ditronus. 3 ปีที่แล้ว +107

    "You have a lot of action and stuff."
    The most profound youtube introduction I've ever heard.

    • @InvestmentJoy
      @InvestmentJoy  3 ปีที่แล้ว +24

      I put a great many nuggets of wisdom there

    • @montanaidol6377
      @montanaidol6377 3 ปีที่แล้ว +3

      Don’t forget to the fact that he says that with what appears to be a old machine gun and Rocket launcher in the background 😂

    • @brianswanson3579
      @brianswanson3579 3 ปีที่แล้ว

      Talk about a cold open

    • @victorvary1115
      @victorvary1115 3 ปีที่แล้ว

      How exactly does one preserve wealth?
      One thing is to attain wealth and another is to keep it.

  • @DamianHayden
    @DamianHayden 3 ปีที่แล้ว +26

    my aunt and uncle have storage units and they are always full to the point they ran out of land so they had to buy more a few miles away. easy money and little work

    • @victorvary1115
      @victorvary1115 3 ปีที่แล้ว

      How exactly does one preserve wealth?
      One thing is to attain wealth and another is to keep it.

  • @computerguy1579
    @computerguy1579 3 ปีที่แล้ว +11

    I love this. I'm currently looking for some land that I can start storage on. Really cool

    • @AnnaFed015
      @AnnaFed015 3 ปีที่แล้ว +1

      I would advise you Invest in the most secure platform with Marvin kemp. He comes highly recommended and those that have reached out have great testimonies even myself. Marvin is best to handle you tradings. He works on a professional level with 99% winning accuracy.

    • @AnnaFed015
      @AnnaFed015 3 ปีที่แล้ว

      He is available on Telegram always on standby to attend to you. @ marvinkempofficial

  • @UmUs
    @UmUs 3 ปีที่แล้ว +68

    6:13 I like how there are 2 guns just casually at the background

    • @Curious_KJ
      @Curious_KJ 3 ปีที่แล้ว +11

      It's for everyone who tells him to "invest in a gun"

    • @DS-dd7vf
      @DS-dd7vf 3 ปีที่แล้ว +7

      And not just regular guns but an AT4 anti tank rifle. 😀

    • @colejosephalexanderkashay683
      @colejosephalexanderkashay683 3 ปีที่แล้ว

      Wonder if it is real???

    • @chrislanejones
      @chrislanejones 3 ปีที่แล้ว +1

      There's a fully loaded machine gun.

    • @bjcj123
      @bjcj123 3 ปีที่แล้ว +7

      That's his plan to increase revenue... extreme-level security.

  • @grrrr6999
    @grrrr6999 3 ปีที่แล้ว +6

    I feel for you Buddy !!! I do contract work for a storage owner and plain and simple the ones that pay are great but the ones that don’t are like dealing with children

    • @victorvary1115
      @victorvary1115 3 ปีที่แล้ว

      How exactly does one preserve wealth?
      One thing is to attain wealth and another is to keep it.

  • @violetgypsie
    @violetgypsie 3 ปีที่แล้ว +1

    The improvements sound like a good idea. People want to feel safe when they go to their storage locker and also want to be confident that their stuff in storage is safe. And you can raise your prices. So win win.

  • @acwright
    @acwright 3 ปีที่แล้ว +75

    I hope you exercise and practice your 2nd amendment.

    • @analoglime
      @analoglime 3 ปีที่แล้ว +6

      🤣 the first one is out

    • @exxxxoskeleton
      @exxxxoskeleton 3 ปีที่แล้ว

      @@analoglime it's never too late

    • @snowwolf1017
      @snowwolf1017 3 ปีที่แล้ว +2

      @@advancedchiropractic667 so what’s your idea of a good reason for carrying a gun kinda contradicting yourself

  • @michaelpridmore1471
    @michaelpridmore1471 3 ปีที่แล้ว +1

    Congratulations on your storage unit purchase. Still can't get over how cheap everything is in us. 150 storage unit place in Australia cost about 3 million+.
    Love the videos

  • @Constitution1789
    @Constitution1789 3 ปีที่แล้ว +5

    7:15 That's a good idea. Letting customers monitor their stuff online is like having free security guards.

  • @marcusjay8103
    @marcusjay8103 3 ปีที่แล้ว

    Only just found your channel but god-damn am I absolutely hooked! The way you break things down is captivating and so easy to understand 👌

  • @josuemunoz6283
    @josuemunoz6283 3 ปีที่แล้ว +3

    Shoenice really turned his life around, awesome 👏

    • @Kataliako
      @Kataliako 3 ปีที่แล้ว

      BIG TIME

  • @Sinnehh
    @Sinnehh 3 ปีที่แล้ว

    Door guy here. worked on a ton of mini storage doors in years. likely your going need to learn to add tension to keep doors form wanting to fall. easy way is open it all way up, vice grip tracks. tie 1 to 2 ropes around it. take off guards, spin door in way it dont want to move aka adding spring tension, normally just 1 full roll, some times 2. line up and put back in track and put guard on. remove ropes and close door, door company going want $100 plus each time to visit.

    • @Sinnehh
      @Sinnehh 3 ปีที่แล้ว

      Unless a nicer model where has some trick way to do on sides, but most cheapo ones don't have that.

  • @YakMotley
    @YakMotley 3 ปีที่แล้ว +65

    Ive always wanted a storage facility!

    • @victorvary1115
      @victorvary1115 3 ปีที่แล้ว +2

      How exactly does one preserve wealth?
      One thing is to attain wealth and another is to keep it.

    • @abandonbelief
      @abandonbelief 3 ปีที่แล้ว +2

      Buy land start selling burial plots, and retire as a mortician.

    • @foxescouch9602
      @foxescouch9602 3 ปีที่แล้ว +2

      @@victorvary1115 Read The Richest Man In Babylon

    • @moneyzgsupport..4019
      @moneyzgsupport..4019 3 ปีที่แล้ว

      Thanks for the comments don't forget to hit the subscription button +1=5=4=1=7=2=7=5=1=0=8… for guildiance
      =WhatsApp………..+++👼👼👼
      😇😆

  • @Kaomech
    @Kaomech 3 ปีที่แล้ว

    Can't help but feel excited for you Mate! your an inspiration to entrepreneurs alike!
    Thankyou for doing the videos and just being YOU!!!
    Never give up!

  • @elcheapo5302
    @elcheapo5302 3 ปีที่แล้ว +16

    Brandon should fix up the sno cone machine and get Post Malone to sell them at the car wash on hot days.

  • @CadesClips
    @CadesClips 3 ปีที่แล้ว

    Yes sir!! Happy for all your new projects recently!!

  • @gavin4846
    @gavin4846 3 ปีที่แล้ว +50

    Nobody going to mention the rpg and machine gun in the backround 6:10

    • @opkilla7293
      @opkilla7293 3 ปีที่แล้ว +1

      fr lolz

    • @Meanace208
      @Meanace208 3 ปีที่แล้ว +1

      came here looking for your comment

    • @facetiousthree5848
      @facetiousthree5848 3 ปีที่แล้ว +3

      I mean... shall not be infringed. Not much else to say.

  • @davidlowdell6545
    @davidlowdell6545 3 ปีที่แล้ว +1

    Your videos have inspired me to take business management classes

  • @ingridsitems
    @ingridsitems 3 ปีที่แล้ว +4

    My CPA has a client with a self storage unit - $30k net a year. Nice passive income.

  • @sjtanman
    @sjtanman 3 ปีที่แล้ว +1

    I just found you on TH-cam and now I am hooked.. love your content. Keep it up.

  • @seb.jesse.james12345
    @seb.jesse.james12345 3 ปีที่แล้ว +8

    I want to see Brandon's uncle Bob talk about the snow cone machine lol

  • @bryanx68
    @bryanx68 3 ปีที่แล้ว +1

    You are the real mvp hustler, I love how you do multiple things for income!

  • @Cydonius1
    @Cydonius1 3 ปีที่แล้ว +8

    storage lockers make me sad. People put in the stuff they gather throughout their lives, every item probably has its own memory that is gone forever. They pay to keep it there, die and it ends up as trash auctioned to people looking for items to sell.

  • @LibertyLaura1776
    @LibertyLaura1776 3 ปีที่แล้ว

    Owning a storage facility is my dream #1 goal!!! Financials are fun!

  • @NatoriousGamePlay
    @NatoriousGamePlay 3 ปีที่แล้ว +35

    I'd love to see you breakdown and explain the financials of the storage lockers

    • @draggero
      @draggero 3 ปีที่แล้ว +1

      Now that would be a cool video.

    • @iaspireothers
      @iaspireothers 3 ปีที่แล้ว

      Yes plz

    • @profesorbooty
      @profesorbooty 3 ปีที่แล้ว

      It's a way to make a bit of money off the land until you develop it into something else.

    • @victorvary1115
      @victorvary1115 3 ปีที่แล้ว

      How exactly does one preserve wealth?
      One thing is to attain wealth and another is to keep it.

  • @Slowww1k
    @Slowww1k 3 ปีที่แล้ว

    Man props to his man for not click baiting

  • @derrecktaylor8817
    @derrecktaylor8817 3 ปีที่แล้ว +4

    Great vid. I'm definitely interested in the financial aspects of the storage facility

  • @johnfillmed5909
    @johnfillmed5909 3 ปีที่แล้ว

    Hi Brandon, great video and been following you from over 4000 miles away in the middle of the Pacific Ocean. I appreciate your contents and wealth of information as I gather for my own plans in buying a business sometimes in the near future. Thank you for keeping the vids up and going and I'm one of your big fans.

  • @walterkaminski4861
    @walterkaminski4861 3 ปีที่แล้ว +26

    Successful people don't become that way overnight. What most people see at a glance-weath, a great career, purpose-is the result of hard work and hustle over time.

    • @nelsonsandra2176
      @nelsonsandra2176 3 ปีที่แล้ว

      If you want to be successful have mindset of rich, spend less and invest more. Don't give up your dreams, Mrs Evelyn can help

    • @chrisnath7660
      @chrisnath7660 3 ปีที่แล้ว

      Don't be in a haste to Invest. Know what and who you are investing to and sure that we the person will deliver before investing.

    • @chrisnath7660
      @chrisnath7660 3 ปีที่แล้ว

      Learn and get the knowledge first before investing.....
      I

    • @gordonsmart5310
      @gordonsmart5310 3 ปีที่แล้ว

      Trusting and expert was never an option for me until I was introduced to mrs Elvyen on telegram by my brother to be real I received another 7bitcoin from my wallet

    • @phildreck2514
      @phildreck2514 3 ปีที่แล้ว

      People come here with the aim of chasing money more than knowledge and that will damage your progress, trust me. Chase knowledge first and I promise! The money will follow you just like it following some of us now

  • @floydlooney6837
    @floydlooney6837 3 ปีที่แล้ว +1

    Remember if you host any storage auctions, contact the Hales. Then we can get it on two channels.

  • @jackjederstrombergman4987
    @jackjederstrombergman4987 3 ปีที่แล้ว +8

    The freaking AT4 rocket tube in the background 😳

    • @victorvary1115
      @victorvary1115 3 ปีที่แล้ว

      How exactly does one preserve wealth?
      One thing is to attain wealth and another is to keep it.

  • @menudoism
    @menudoism 3 ปีที่แล้ว

    can’t wait to see more of your videos. been watching for 5 days now.

  • @Ditronus.
    @Ditronus. 3 ปีที่แล้ว +4

    Just stumbled across your channel this week. I have to say I'm impressed with your shirt collection.

    • @victorvary1115
      @victorvary1115 3 ปีที่แล้ว

      How exactly does one preserve wealth?
      One thing is to attain wealth and another is to keep it.

  • @MikeMills1
    @MikeMills1 3 ปีที่แล้ว +1

    This dude is an inspiration man. 👏🏽

  • @AtHomeWithCJ
    @AtHomeWithCJ 3 ปีที่แล้ว +3

    DO NOT but a gas station, unless you plan on making money from selling stuff in the store gas profits are horrible

    • @derrecktaylor8817
      @derrecktaylor8817 3 ปีที่แล้ว +2

      I agree, buying a gas station is not a good business idea.

    • @BS-ls7ts
      @BS-ls7ts 3 ปีที่แล้ว

      agree you have to make sure it’s a ga station that’s always busy

  • @innergoof19
    @innergoof19 3 ปีที่แล้ว +1

    Add grid-tied solar to roof and profit on net metering your surplus energy!

  • @Jannik_1020
    @Jannik_1020 3 ปีที่แล้ว +346

    Next video: Buying the local GOVERNMENT

    • @johnmurray2568
      @johnmurray2568 3 ปีที่แล้ว +19

      They’re already bought and paid
      for...

    • @geraldanderson7939
      @geraldanderson7939 3 ปีที่แล้ว +17

      he doesnt look jewish though

    • @healfast
      @healfast 3 ปีที่แล้ว

      It’s a corporation in DC

    • @blackhatves1075
      @blackhatves1075 3 ปีที่แล้ว +2

      @@geraldanderson7939 that comment is out of pocket.

    • @manhoosnick
      @manhoosnick 3 ปีที่แล้ว +1

      @@geraldanderson7939 hahaha

  • @mg-lc7hm
    @mg-lc7hm 3 ปีที่แล้ว +2

    Congratulations 👏👏
    I've always wanted a storage unit area. This is my dream

  • @saucedripped.
    @saucedripped. 3 ปีที่แล้ว +7

    Nice star wars shirt dude, brings me battlefront 2 game memories lol.

    • @investmentjoy3756
      @investmentjoy3756 3 ปีที่แล้ว

      Link up with Evan Jordan 🔥🔥...

    • @greenscreen3347
      @greenscreen3347 3 ปีที่แล้ว

      @@investmentjoy3756 you just copy the creators name and picture. Youre a scam d bag

  • @HarroKitteh
    @HarroKitteh 3 ปีที่แล้ว

    If you have an extra space you can expand for more storage, for example smaller lockers, vehicle storage, ect.

  • @vapeking466
    @vapeking466 3 ปีที่แล้ว +4

    I had a feeling these did well after finding out most where I live had no vacancy and kept raising rates. Shortly after two new storage facilities have been built one is indoor with two stories climate controlled! Im considering buying one or having one built.

  • @paull9137
    @paull9137 3 ปีที่แล้ว +2

    The time expense figures are amazing.

  • @magnus1liljeqvist
    @magnus1liljeqvist 3 ปีที่แล้ว +6

    Is the swedish AT-4 aka "pansarskott" at 6:25 in part of the security? 🤣

  • @kr46428
    @kr46428 3 ปีที่แล้ว

    Yep, called it. The third one was a storage company, not surprising at all. Thing about a facility like this is that is can be a pretty passive investment; there really isn't a lot that can go wrong as long as you do the basic maintenance and keep it reasonably clean and secure.

  • @grottorabbit
    @grottorabbit 3 ปีที่แล้ว +7

    You'll at least double the amount of times being cussed out when you raise the rents!

  • @donniedavis6163
    @donniedavis6163 3 ปีที่แล้ว

    You're doing it right by purchasing businesses that doesn't require people or employees being there. A gas station on the other hand would be a huge nightmare finding and keeping reliable employees.

  • @RagdollsOfLasVegas
    @RagdollsOfLasVegas 3 ปีที่แล้ว +3

    You're making yourself a target at this point. Proceed with caution

  • @Axodach_Gaming
    @Axodach_Gaming 3 ปีที่แล้ว +1

    You could possibly boost sales at both your storage facility and carwash(es) by offering say, 1 free wash a month for as long as you have a storage unit. This May be a bit far of a stretch, however considering the carwash is so close it may work since everytime they visit the storage locker facility, the carwash is also in view. Hope something like that helps! love the videos!!

    • @Default78334
      @Default78334 3 ปีที่แล้ว

      No reason to when the storage facility is priced as cheap as it is and the tenants are a sticky as they are.

  • @Billy_Hollywood
    @Billy_Hollywood 3 ปีที่แล้ว +3

    Hi Brandon, I was just wondering when will the rest of the Danny videos be uploaded?

  • @HoosierHustle
    @HoosierHustle 3 ปีที่แล้ว

    Love your videos! We are in the process of buying our first multi-unit property. Thanks for the inspiration.

  • @TheJeracuda
    @TheJeracuda 3 ปีที่แล้ว +3

    A couple of car washes near me also have a little self-washing station for dogs. I'm just curious about how much if any, value you think something like that may add. Given this is a really small area so these are only one automatic bay and one self wash bay for the car wash

    • @matthewbrown6163
      @matthewbrown6163 3 ปีที่แล้ว +1

      I would never have thought about that. A mobile dog wash service will cost you from $50 USD for a small dog here in Australia

    • @ericchandler90
      @ericchandler90 3 ปีที่แล้ว

      I know a guy with 2 car washes. He installed dog wash stations at both locations about 5 years back. He says they're doing well for him. They weren't cheap though. He went with the more expensive option.

  • @joeyengelhart7898
    @joeyengelhart7898 3 ปีที่แล้ว +2

    Good to see shoenice is doing well these days

  • @bigtedf07
    @bigtedf07 3 ปีที่แล้ว +2

    How does the real estate figure into the business valuation? I find most sole proprietor situations tend to value themselves so high that the real valuation is much lower that the offer offends. How do you manage that situation. Also, if a business broker is involved the asking prices seem to me quite high bordering on not realistic; how do you manage that situation?

  • @abrahamlincoln6619
    @abrahamlincoln6619 3 ปีที่แล้ว

    Slowly do rent increases, make sure all units are available, make capital expenses like security upgrades, and stay on top of late customers.

  • @dollarette
    @dollarette 3 ปีที่แล้ว +4

    I like watching someone count money, buy what is lost in these videos is any accounting for overhead, depreciation, wages and taxes. Let's actually see his bottom line because that is what matters most.

    • @TheGuruStud
      @TheGuruStud 3 ปีที่แล้ว

      Not much, which is why he bought them. Minimal overhead in all departments. Trailer parks he should sell after he buys more hassle-free businesses.

  • @Dizzied
    @Dizzied 3 ปีที่แล้ว

    I'm 13 years into the storage industry (software and hardware company)... this was a great choice

  • @scottyhaines4226
    @scottyhaines4226 3 ปีที่แล้ว +5

    If you buy a gas station please try to make a retro themed gas station that sells burgers and shakes to go as well. It'd be a big landmark for the area.

    • @SymeonPhronema
      @SymeonPhronema 3 ปีที่แล้ว +1

      This is a very good idea, imo.

    • @scottyhaines4226
      @scottyhaines4226 3 ปีที่แล้ว +1

      @@SymeonPhronema I'd love to have one where I'm at. It would set itself apart and people would go there just to take pictures and potentially buy something since they're there.

    • @SymeonPhronema
      @SymeonPhronema 3 ปีที่แล้ว

      @@scottyhaines4226 I completely agree. If a person intends on starting a business of that type you'd absolutely need a way to set yourself apart from your competition. The retro look/atmosphere along with a quality burger/shake would go along way with people I believe.

    • @scottyhaines4226
      @scottyhaines4226 3 ปีที่แล้ว

      @@SymeonPhronema i think so too. I was trying to get one opened where I last lived but the person who bought the gas station didn't want to spend the money for it. He would of made an absolute boon from he it if he did. I even offered to help come up with the menu and recipes but he just wanted to be a cheap ass.

    • @SymeonPhronema
      @SymeonPhronema 3 ปีที่แล้ว

      @@scottyhaines4226 Unfortunately some folks don't understand that it takes money to make money. Stock market, ideas for businesses, etc. Ultimately it's people like you who would do well if you had one of those stations because you have vision, and foresight. Too many people want to buy a business, and then set it, and forget it.

  • @sheldonharvey8306
    @sheldonharvey8306 3 ปีที่แล้ว

    Thank you for the video. Please give us the heavy-duty financials.
    Keep up the good work.

  • @2Years2Farm
    @2Years2Farm 3 ปีที่แล้ว +6

    Ha I knew it!!!!!!

  • @alexmad93
    @alexmad93 3 ปีที่แล้ว

    yes please show the finances, as someone who wants to purchase a business it is very helpful to see the hidden or unexpected costs of doing business

    • @bobbywayne7732
      @bobbywayne7732 3 ปีที่แล้ว

      Link up with Evan Jordan💯💯

    • @bobbywayne7732
      @bobbywayne7732 3 ปีที่แล้ว

      W.H.A.T.S.A.P.P
      +.1.4.0.5.4.0.0.2.2.2.8

  • @SapphireGladeComics
    @SapphireGladeComics 3 ปีที่แล้ว +3

    Something tells me that that storage locker with all the car wash parts and soaps in it was owned by the previous owner and he just inherited as part of a larger deal to include the Car Wash.

  • @mynametater
    @mynametater 3 ปีที่แล้ว

    Brandon, I still enjoy your videos. I've noticed they're getting better and better in quality. Please don't sellout like the other guys and get too flashy. Most of your followers love the down to earth, straight forward guy that you are. We're just happy to see a regular guy succeed.

    • @stanleypasical9423
      @stanleypasical9423 3 ปีที่แล้ว

      Calling my self rich or wealthy might be seen as being ostentatious but it's a fact, I won't go into details on how much I'm worth or what I have achieved so far at the age of 37 but I am sure my investing habit has been a great part of my success. My advice: Don't just save, invest!

  • @zachbeauregard8315
    @zachbeauregard8315 3 ปีที่แล้ว +4

    The banks prolly think your a stripper

  • @iamgratefuldailyy
    @iamgratefuldailyy 3 ปีที่แล้ว

    OMG, I came across your channel because my aim is to become financially independent. Thank you for sharing & the name of your channel is on spot on. Keep up the great job. Im now one of your subscriber.

  • @daylimpingleg1430
    @daylimpingleg1430 3 ปีที่แล้ว +8

    Next Video: I bought a Wal-Mart. Here is how much money it makes.

  • @tsbmonkee
    @tsbmonkee 3 ปีที่แล้ว

    hey buddy, a small suggestion is to spray 1/2 of the storage units with 1.5 inches of closed cell foam insulation. Once they are insulated you can charge more for heat/ac controlled units

  • @benjihayman1377
    @benjihayman1377 3 ปีที่แล้ว +10

    “And the strip mall next to me which i was told was recently purchased by a investment firm.... not me.”
    Next video:
    “So I bought this strip mall..”

  • @tomhalvorsen7699
    @tomhalvorsen7699 3 ปีที่แล้ว

    I would call the storage facility a long term investment in a mini series. Not as fast paced, but an added bonus.

  • @Vaultdorr
    @Vaultdorr 3 ปีที่แล้ว +3

    I see where this is going. Next purchases: An RV fleet and a chicken fast food chain.

    • @bobbywayne7732
      @bobbywayne7732 3 ปีที่แล้ว

      Link up with Evan Jordan💯💯💯

    • @bobbywayne7732
      @bobbywayne7732 3 ปีที่แล้ว

      W.H.A.T.S.A.P.P
      +.1.4.0.5.4.0.0.2.2.2.8.

  • @jacobcarter5923
    @jacobcarter5923 3 ปีที่แล้ว

    Yes, interested in the finances

  • @DanielleCapichano
    @DanielleCapichano 3 ปีที่แล้ว +7

    ... Are you just trying to buy out your whole town now? Who sold to you and made you King? LOL.

  • @kurtismckemmie4850
    @kurtismckemmie4850 3 ปีที่แล้ว +1

    Brandon, you should talk to Parker brothers about getting your own monopoly game. I would totally buy it!

  • @benjaminowens7262
    @benjaminowens7262 3 ปีที่แล้ว +4

    Hey I’m kinda early what’s poppin

  • @Adam47150
    @Adam47150 3 ปีที่แล้ว

    In my city a carwash is on the market in a prime location. It's sandwiched between a Walmart and a new condo/townhome development that is currently under construction. If I had the money, I'd buy it in a heartbeat. It has three self service bays and two automatic wash bays.