Big Mike Fund Podcast

Welcome to The Big Mike Fund Podcast. Today, it is my pleasure and a privilege to welcome Jake Vanderslice to the podcast. Jake is a specialist in self-storage and is also a brother from the Freedom Founders Mastermind as well as the Collective Genius Mastermind. In this episode Jake and I talk about the process, benefits, and the state of investing in self-storage, how Denver is holding up in the pandemic, and interest rates and cap rates.   Minute Markers: 00:20 - Hello and Welcome 00:30 - Jake Vanderslice introduction and backstory 03:08 - The value in investing in existing self-storage facilities 04:00 - The length of time for the process of leasing a facility and getting it ready 05:00 - The benefits of self-storage 06:45 - Jake’s first and second fund 08:14 - Distributions on Jake’s first fund 11:54 - REITs and cap rates 14:50 - Rising interest rates 16:00 - Denver, COVID, and their status 19:30 - The risk of oversupply and the challenge of retail conversions 22:20 - Getting a hold of J