It’s never too late to get into real estate investing. Take it from Ruben Ugarte. He is a coaching client of mine who first got into real estate at the age of 55 and is crushing it! He currently has 52 apartments and 159 self-storage units in his portfolio—with more in the works. In this episode, Ruben walks us through his background, his transition to self-storage and multifamily properties, and his approach to acquisitions. He then talks about a massive project that he is working on, presenting the opportunities in self-storage but also the amount of work that needs to be put in. Key Takeaways:
The challenges of investing in self storage
Two ways to calculate demand
How to locate self storage properties for sale
How Ruben structured an offer and raised financing for his latest project
The 3 biggest factors for success in self storage
Why you should invest in a coach/mentor
And so much more...
Ruben Ugarte is a mechanical and industrial engineer from Honduras who is currently based in North Vancouver, BC. He is also the co-founder of RMDR Global, a company that offers residential multifamily investments in Ontario and other parts of Canada. When required, Ruben provides professional services in the area of quality management systems.
This Podcast Runs On Coffee... The team drinks lots of coffee ☕️ . If you received some value from this or any of the episode, consider buying the team a cup of coffee.
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