How a 25 Year Old Kid Closed a 200-Unit Self Storage Deal… No Money Down

November 26, 2010 | By | 4 Replies More

Casey_CavellI met an investor recently, Casey Cavell, who is buying 200 to 500-unit self storage buildings without any of his own cash or credit.

He’s using a mix of seller financing and private money to close big deals… no money down. And he’s only 25 years old!

So, I decided to hop on the line with Casey and do a full “whats working now” call where we go into detail exactly what he’s doing to find private lenders, to convert them, and how he’s putting that money to use in his real estate business today.

I do an interview like this every month for my Private Money Monthly (PMM) students.

…  just one of the things included in the PMM program is a monthly interview with someone (no gurus, underground investors you’ve never heard of) who is doing really really well in today’s real estate market.

Self Storage Investor & Entrepreneur Casey Cavell – Inside Interview

Below is a short segment (12 min or so) from my interview with Casey where you’ll learn:

=> How he structured his first self storage deal (over 200 units!) with the seller and private lender

=> Exactly what he was looking for in a good deal – his buying criteria

=> The list broker contact who you can use too to find great deals

=> The 2 things that tipped him off and assured him he was staring at a goldmine

and more.

Check out this clip from Casey’s interview…

Isn’t that awesome?

Think about it… if a twenty something kid can do 200 plus unit self storage deals without any of his own cash or credit, you can do single family or small multi-family deals, right?

Hope you enjoyed Casey’s interview.

If you have a comment or question, toss it in the comment area.

~ Patrick

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Category: Business Management Systems and Tools, Marketing, Negotiating, Property Management, Real Estate Investment Buying Strategies, Real Estate Investment Financing Strategies

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  1. Sean Terry says:

    Great Story Patrick!!! Very inspiring, thanks for sharing

  2. Freaking awesome! Thanks for capturing some of Casey’s success for us Patrick! I’m interested in starting an ”under 30” mastermind for real estate — anyone interested? At least I have a few more years left…. ;)

    • patrickriddle says:

      You’re welcome Brooks.

      Awww man… “under 30” mastermind… I just missed it :-)

      Thanks for stopping by and joining the conversation.

      ~ Patrick