Storage Deep Dive
Join Chris as he gets into the weeds of how he bought, stabilized, managed and grew his first self-storage facility.
In this meeting, you will learn:
- How he found it (68-units with 2.5 acres extra)
- Analyzing the numbers (original underwriting)
- Financing sources (private lender & bank à equity partner)
- Property management (old school to virtual)
- New construction of 108-Units (vision, plans, permitting, construction and being the GC)
- Why the right team and systems are CRITICAL
This meeting is perfect for anyone who wants to get a peek behind the curtain and is interested in self-storage as a strategy. Whether you're a beginner or an experienced investor, you'll walk away with nuggets and insights that will help you take the next step.
Speaker: Chris Hake
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Chris is the visionary and investor coach of the Master Investor Academy and Madison Real Estate Investors Association (REIA). Chris has decades of real estate investing experience and enjoys applying that knowledge in the mentoring and education of his Coaching students that are actively engaged in buying, renting and wholesaling self storage facilities throughout Wisconsin and the Midwest.
Chris has been a Madisonian for over 48 years and investing in the Madison real estate market for over 30 years. Since doing his first house hack in 1994, he has been involved with 100’s of house flips, 100’s of rentals, raised over 10 million dollars to fund those deals and had 1000’s of students come through his local training and coaching programs. Chris has a PhD & Master’s Degree in the school of hard knocks.
WiscoREIA’s Sheboygan Meeting Always Meets on the 4th Wednesday of the Month from 6:30 pm to 9:00 pm!
Hosts: Geoff Possley and Chris Wolfert
Geoff Possley
Geoff is a part time buy and hold investor with investments in the Fox Valley and Sheboygan area. He is a full-time aircraft certification engineer for Gulfstream Aerospace in Appleton where he lives with his wife Laura and four children Carter, Madeline, Rowen and Brielle.
Geoff got started in real estate in 2005, with very little REI knowledge, when he purchased a single-family home with the plan to do a live-in flip over the next few years. After the bubble burst in 2008 his focus shifted from turning a profit to simply breaking even. This led Geoff to step away from real estate for a number of years until he discovered WiscoREIA in 2018 where he finally was able to acquire the knowledge and network that was necessary to be successful in real estate investing. His goal is to use REI as a means to retire early from engineering.
Geoff currently invests in single-family and small multi-family properties that he operates as traditional rentals as well as short term furnished rentals. In his free time Geoff enjoys camping with his family, playing golf, snowboarding, hunting, and good beer.
Chris Wolfert
Chris is a buy-and-hold real estate investor who got started in real estate investing out of necessity. In 2008, he bought a small condo in Chicago and shortly after, his family quickly began to outgrow the space with the arrival of their first child. When he went to sell the property in 2011, he realized he would take a sizeable loss. Therefore, he decided to turn the condo into a rental property instead. Despite his initial apprehension, he quickly saw the advantage of real estate investing.
In 2018, Chris began actively investing in real estate after moving to Sheboygan, WI. He invests in single-family homes and duplexes, which he operates as both traditional rentals and short-term furnished rentals. His long-term goal is to expand into larger multi-family complexes. Chris’s investing greatly increased after partnering with a good friend who introduced him to WiscoREIA.
In his free time, Chris enjoys spending time with his wife Marla and their three children, Finn, Lexi, and Fiona. He is an active coach for youth soccer and basketball, spending much of his time during the fall and spring coaching soccer and during the winter coaching basketball. In addition to coaching, he enjoys snowboarding, cycling, golfing, and craft beer.
Make sure to bring tons of business cards as you will be meeting with people that you want to get to know!
Meeting Location:
Legend Larry's
1142 Plankview Green Blvd
Sheboygan Falls, WI 53085
Please enjoy food, drinks and TIP YOUR SERVERS!
6:30 pm - Networking
7:00pm - 9:00pm Speaker Presentation
You can stay after the meeting as well to network! Remember to bring your deals!
Members are always FREE! Your first meeting with WiscoREIA is FREE!
After your first meeting, Non-Members are $20
