S1E07 - Self Storage Development In the U.S. w/ Nick Van Dyk

The Highest and Best Use Podcast with Ryan Carr

S1E07 - Self Storage Development In the U.S. w/ Nick Van Dyk

Nick Van Dyk has dabbled in all areas of real estate investing, but now is laser focused on Self Storage facilities in the US. Primarily based in Florida and Texas, he’s also exploring other states to invest in. Because of the relaxed development laws in many states, getting shovels in the ground and getting things built is way quicker than many parts of Canada. He’s now working on a new facility that will cost about 15 Million to build, but already has an appraised value of 22 Million!

What You’ll Learn:

• What is self storage and why do people need it
• What defines a good deal to Nick
• The development process, how is a good deal actually implemented
• The exit - once built, do you keep it or sell it
• Why Nick has focused on self storage, and moved away from traditional residential or commercial investments, flips, wholesales and multi family
• Why your strategies should be be crystal clear and not just doing what everyone else is
• “Find what works and build off of that”
• How he got his start in the US
• The differences between Canada and the US for investors - opportunity!
• Why the US has MANY more financing sources than Canada
• How his past skills are turbocharging his new path
• And MUCH more!

Bio:

Nick Van Dyk has more than 15 years of experience in real estate investing with the development, design and construction industry as well as previous project manager with multiple civil engineering projects in his previous career. Nick and his family have built an 8 figure real estate portfolio and they are now pivoting this knowledge and experience into self storage development projects in locations across the country valued up to $25M.

Nick and his family have accumulated real estate in Canada and the United States. With his past experience of investing in multiple countries, this knowledge is a great asset for future successful projects and investments in the self storage industry.

Contact:

Web: http://nvdrdevelopments.com

linktr.ee/nvdproperties

Insta: @nvdproperties

To find out more about Ryan and his mission of "The Highest And Best Use", or to pre-order his book, go to http://www.thehighestandbestuse.com.

Contact Ryan

New Episodes: Thehighestandbestuse.com/podcast

Email: [e-mail]

Book Signup -- www.thehighestandbestuse.com

Instagram: @Thehighestandbestuse

Facebook: https://www.facebook.com/thehighest.andbestuse

Youtube URL: https://bit.ly/3TlVyvi

#TheHighestAndBestUse, #investing, #scaling, #portfolio, #assets, #wealth, #RealEstateInvesting, #rwcarrinvestmentco, #ryancarr, #hgtv, #hgtvcanada, #book, #podcast, #renovation, #buildingequity, #learning, #unitedstates, #commercialrealestate, #selfstorage