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 deal
• Some things that will surely sink a self-storage loan application
• Common mistakes self-storage investors make in their underwriting
• Examples of when a self-storage deal has gone bad
• And much more!

Books and Resources Mentioned:

• The Road to Family Freedom: roadtofamilyfreedom.com
• Website: MandyMonson.com
• Resource: Book Your Free 30 Minute Call with Mandy Monson
• Twitter: @4mandy_monson
• Facebook: 4theGirlsClub
• Facebook: Mandy Monson

Follow Us:

• facebook.com/roadtofamilyfreedom/
• instagram.com/roadtofamilyfreedom/
• twitter.com/r2familyfreedom

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