40,000 Square Foot Self-Storage Deal as First Facility with Christian Mercado

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Road to Family Freedom

Business


In this episode, we talk to Christian Mercado about how he purchased his first piece of real estate using a VA loan, how a light bulb went off after he started renting one of his rooms out, how he purchased his first self-storage for zero money down, and the key to negotiating with self-storage owners. Christian Mercado is a full-time real estate investor and Army Captain. He got his start in real estate in 2017 with the purchase of his first house utilizing a VA loan. 6 months later, he rented a room out and discovered the power of house hacking. After a year, he purchased another home to live in using his VA loan and rented out the first, and he was off to the races. Since that time he has flipped at least 8 houses, opened up several short-term rentals, and purchased a self-storage facility. In This Episode We Cover: How he bought his first property using a VA loan The red flags that led him to walk away from his first self-storage deal How he found his first self-storage deal How he negotiated with the seller to purchase for zero down with seller financing And much more! Books and Resources Mentioned: The Road to Family Freedom: https://www.roadtofamilyfreedom.com/ (roadtofamilyfreedom.com) Website: http://www.thesentrystorage.com (The Sentry Storage) Instagram: https://www.instagram.com/ChristianDoesRealEstate/ (@ChristianDoesRealEstate) Podcast: https://podcasts.apple.com/us/podcast/middle-class-to-millionaires/id1498647963 (Middle Class to Millionaires) Resource: https://www.thestoragerebellion.com/ (Storage Rebellion) Book: https://amzn.to/2ZzCKMb (Rich Dad, Poor Dad) by Robert Kiyosaki Follow Us: https://www.facebook.com/roadtofamilyfreedom/ (facebook.com/roadtofamilyfreedom/) https://www.instagram.com/roadtofamilyfreedom/?hl=en (instagram.com/roadtofamilyfreedom/) https://twitter.com/r2familyfreedom (twitter.com/r2familyfreedom) Other Stuff: If you enjoy the podcast, would you please consider leaving a short review on Apple Podcasts/iTunes? It takes less than 60 seconds, and it really makes a difference in helping to convince hard-to-get guests. For show notes and past guests, please visit https://www.roadtofamilyfreedom.com/episodes/ (roadtofamilyfreedom.com/episodes/) Discover the tools and services we use, visit https://www.roadtofamilyfreedom.com/ (roadtofamilyfreedom.com/resources/)