Commercial Lending Tips for Self-Storage with Mandy Monson
Road to Family Freedom
English - November 09, 2021 11:00 - 43 minutes - 60.9 MB - ★★★★★ - 27 ratingsInvesting Business business investing realestate financialfreedom realestateinvesting firemovement flipping invest property rental Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
In this episode we talk to Mandy Monson about her background in finance, how she found herself in the self-storage business, what a self-storage borrower should do to ensure a successful loan application, the 5 C’s of credit, and the big one you should pay attention as a self-storage owner.
Mandy Monson is the VP of Finance for Resort Lifestyle Communities, which manages a portfolio of senior independent living communities, but she’s also co-founder of Stor365 with previous guest Victor Diaz and today she’s here to talk to us about commercial lending on self-storage. Mandy is a finance professional and real estate developer that also works with other women to help them crush their limiting beliefs and fear of failure so that they determine their own destiny in the realm of career and money. She has spent a career in finance with everything from managed money portfolios, to commercial loan underwriting during the Great Recession, to today where she consults with potential borrowers on how to structure loans for the acquisition of self-storage and senior housing.
In This Episode We Cover:
How to ensure a successful loan application on a self-storage dealSome things that will surely sink a self-storage loan applicationCommon mistakes self-storage investors make in their underwritingExamples of when a self-storage deal has gone badAnd much more!Books and Resources Mentioned:
The Road to Family Freedom: roadtofamilyfreedom.comWebsite: MandyMonson.comResource: Book Your Free 30 Minute Call with Mandy MonsonTwitter: @4mandy_monsonFacebook: 4theGirlsClubFacebook: Mandy MonsonFollow Us:
facebook.com/roadtofamilyfreedom/instagram.com/roadtofamilyfreedom/twitter.com/r2familyfreedomOther Stuff:
If you enjoy the podcast, would you please consider leaving a short review on Apple Podcasts/iTunes? It takes less than 60 seconds, and it really makes a difference in helping to...In this episode we talk to Mandy Monson about her background in finance, how she found herself in the self-storage business, what a self-storage borrower should do to ensure a successful loan application, the 5 C’s of credit, and the big one you should pay attention as a self-storage owner.
Mandy Monson is the VP of Finance for Resort Lifestyle Communities, which manages a portfolio of senior independent living communities, but she’s also co-founder of Stor365 with previous guest Victor Diaz and today she’s here to talk to us about commercial lending on self-storage. Mandy is a finance professional and real estate developer that also works with other women to help them crush their limiting beliefs and fear of failure so that they determine their own destiny in the realm of career and money. She has spent a career in finance with everything from managed money portfolios, to commercial loan underwriting during the Great Recession, to today where she consults with potential borrowers on how to structure loans for the acquisition of self-storage and senior housing.
In This Episode We Cover:
How to ensure a successful loan application on a self-storage dealSome things that will surely sink a self-storage loan applicationCommon mistakes self-storage investors make in their underwritingExamples of when a self-storage deal has gone badAnd much more!Books and Resources Mentioned:
The Road to Family Freedom: roadtofamilyfreedom.comWebsite: MandyMonson.comResource: Book Your Free 30 Minute Call with Mandy MonsonTwitter: @4mandy_monsonFacebook: 4theGirlsClubFacebook: Mandy MonsonFollow Us:
facebook.com/roadtofamilyfreedom/instagram.com/roadtofamilyfreedom/twitter.com/r2familyfreedomOther Stuff:
If you enjoy the podcast, would you please consider leaving a short review on Apple Podcasts/iTunes? It takes less than 60 seconds, and it really makes a difference in helping to convince hard-to-get guests.For show notes and past guests, please visit roadtofamilyfreedom.com/episodes/Discover the tools and services we use, visit roadtofamilyfreedom.com/resources/