The Ultimate Guide to Buying a Self Storage Facility: The Negotiation | Part 2

In this video, I'll take you on a journey through a recent phone call negotiation I had with a buyer for a self-storage property. Our discussion centered around finding a purchase price that would work for both of us and ultimately led to a creative financing solution that allowed us to close the deal.

During the call, I'll walk you through the key points of negotiation, including how we evaluated the property's value and what each of us was looking for in a purchase price. I'll also discuss the risks and benefits of the creative financing solution we ultimately settled on, which involved the buyer assuming the existing mortgage on the property.

By the end of this video, you'll have a better understanding of the negotiation process for real estate deals, as well as how creative financing solutions can be used to bridge gaps in the purchase price. Whether you're a buyer or a seller, this video is packed with valuable insights that you can apply to your own real estate transactions.

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Timecodes
0:00 Video Overview
0:23 Stabilized Self-Storage Investment
2:57 Sticking to Your Guns: Negotiating a Property Purchase on Your Terms
9:49 Closing the Deal: Seller Agrees to Buyer's Terms

#CreativeFinance #SelfStorageFacility #ClosingtheDeal