213. Underwriting Market Values in Today's Environment

How do you underwriting a facility if the market is turned upside down? In our latest youtube video, we talk about the massive rate drops that have plagued the self storage industry in the past year. BUT, the largest storage companies, the REITs, are making RECORD PROFITS. How is that possible?

Our video on the massive rate drops: https://youtu.be/Xd-eCkvSXPE 

But more importantly, how do we move forward? Because banks don't care what your income COULD be, they only look at what it IS. This messes up underwriting. This messes up projections. It confuses banks and investors alike.

Let's talk about it in this episode of Self Storage Income.

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