Manage episode 520930920 series 2931824
Think you need your own money to buy a storage facility? Think again. In this episode, I'm sharing how I've funded every single one of my storage deals without ever using a dime of my own cash. Whether you're new to the game or ready to scale, this episode gives you the exact financing strategies, mindset shifts, and practical steps to start taking action now—even if your bank account says otherwise. I'm breaking down multiple creative funding methods, from SBA loans and seller financing to private lenders and equity partners. You'll also hear how to position yourself to lenders with confidence (even if you're a beginner), and the common mistakes to avoid when presenting your deal. If money has been your #1 excuse, it's time to delete that thought—because this episode is your playbook for making storage investing possible right now.
What You'll Learn in This Episode:
- [1:47] The mindset shift that helps you attract the money you need
- [3:02] Why storage is one of the easiest assets to finance
- [6:26] Key funding metrics explained: NOI, DSCR & more
- [10:21] Case study: how I raised $350K for my first deal through relationships
- [12:52] 6 funding strategies to buy storage with none of your own money
- [19:00] How to build a lender-ready financial package that impresses
- [23:56] Mistakes to avoid with banks, lenders, and partners
You'll Learn How To:
- Fund storage deals using SBA loans, seller financing, private money, and equity partners
- Present yourself like a pro to lenders (even as a first-timer)
- Build relationships and structure win-win deals that sellers and lenders love
- Get organized and pitch with confidence using a lender-ready package
- Avoid the top mistakes that can sabotage your funding
Who This Episode Is For:
- New investors who think they need savings to get started
- Anyone intimidated by talking to banks or lenders
- Action takers ready to find deals and let the funding follow
- Storage Wins members looking to apply what they've learned in the real world
Why You Should Listen: The #1 reason most people never buy their first storage facility is because they believe they need their own money. I'm here to prove that's simply not true. This episode arms you with the tools, language, and confidence to get funding for your first (or next) deal—even if you're starting from zero. Trust me, the money is out there. You just need to know how to access it.
Follow Alex Pardo here:
- Alex Pardo Website: https://alexpardo.com/
- Alex Pardo Facebook: https://www.facebook.com/alexpardo15
- Alex Pardo Instagram: https://www.instagram.com/alexpardo25
- Alex Pardo YouTube: https://www.youtube.com/@AlexPardo
- Storage Wins Website: https://storagewins.com/
Have conversations with at least three to give storage owners, brokers, private lenders, and equity partners through the Storage Wins Facebook group. Join for free by visiting this link: https://www.facebook.com/groups/322064908446514/
846 episodes