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EP767: Turning Undervalued Real Estate Gems into Cash Cow - KC McKillip
Manage episode 445127116 series 3561864
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When most people would see an abandoned, rundown storage facility in the middle of nowhere, KC McKillip saw dollar signs. In this episode, learn how he leveraged his real estate expertise and a little creative thinking to transform a neglected property into a thriving self-storage business - all for a fraction of the cost of building from scratch.
KEY TAKEAWAYS
Benefits of using a worst-case scenario mindset to assess potential risks and create strategies to mitigate them
Strategy for evaluating and purchasing a storage facility
Low-cost marketing methods to attract the right tenants
Fears and challenges common to new business ventures and how to overcome them
Robust management software to streamline operations,
RESOURCES/LINKS MENTIONED
TWEETABLES
“If you invest in real estate, you're taking a huge step in the right direction.”
CONNECT WITH KC
LinkedIn: KC Mckillip
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