IMPACT REI Grapevine

ATTENTION NEW LOCATION!!
How to make money in SELF STORAGE! Come meet
Christian Mercado
SELF-STORAGE & COMMERCIAL
REAL ESTATE INVESTOR
110,000 square feet owned in Texas,
retaining 100% equity at 50%, Global LTV.
Christian, a born and raised Dallas, Texan, and Army
veteran, got started in real estate in 2019. Beginning with
a primary residence turned single-family rental, he quickly
transitioned to flipping homes, AirBnB arbitrage, and
finally commercial real estate. After being let go of his
W2 unexpectedly in February of 2020, he dedicated the
rest of the year to learning about self-storage.
He acquired his first two properties in January of 2021 via direct mail. Originally
purchased for $775,000 and $0 down, he was able to triple his NOI the first year. A
year later it appraised for $2.6 million on a cash-out refi.
In February of 2022, he acquired a portfolio consisting of seven properties
totaling 60,000 square feet. This time utilizing a 1031 exchange from selling his
single-family rental, the seller carried 10% and the bank brought 80% with interest only
the first year. With $670,000 in equity the day of closing and increasing occupancy to
a trailing 70% from a meager 39%, the property is now close to $2 million in value
with another $2 million projected.
At age 30, Christian owns around $5 million in commercial real estate with a projected
estimated value of almost $7 million upon stabilization. His goal is to build a
personal portfolio of one million square feet, manage $500 million plus of assets with
investors, and to build out an investment firm. Christian envisions building something
greater than himself to leave a lasting impact on his family and community, and to gain
time back to freely spend it with his wife and two-year-old daughter.

FUN, FOOD, FRIENDS & FREE EDUCATION!
Always great networking with speakers and sponsors with real education to help you build your business.
The meetings are interactive and all your questions are welcome. We are very casual, this is a social networking group and no one will be there trying to sell you anything. We have a lot of fun and learn a lot. Everyone is welcome but please RSVP so we can plan accordingly. If your plans change please change your RSVP so we know how many to seat and plan food for.

SEE YOU MONDAY AT DAVE & BUSTERS EULESS!