Dan Hagberg @DanStorage
Co-Founder of Bolt Storage w/ 1.9m sq/ft and counting. Sold a service business for 7 figures. Building out a commercial insurance agency Titan Risk. Athens GA/NYC Joined May 2020-
Tweets2K
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Followers17K
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Following529
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Likes2K
Great group of people assembled for this. Looking forward to a killer week in the Big Apple.
Great group of people assembled for this. Looking forward to a killer week in the Big Apple.
I’m interested in learning more about the freight brokerage business model. Anyone I should talk to or follow here to learn more?
Excited to finally dip our toe into an industrial asset! More on the horizon this year.
Excited to finally dip our toe into an industrial asset! More on the horizon this year.
You can have great lighting, barbed wire fencing, cameras, disc locks....and people will still find ways to break into storage units.
Looking for the best industrial sales broker in Daytona Beach/Orlando area. Friend looking to sell his building. Any recs?
Couldn’t be more excited to watch Zac grow this biz to the next level.
Couldn’t be more excited to watch Zac grow this biz to the next level.
The stresses and lessons learned from my first business, Storage Squad, makes just about any other business look easy. We sold it 3 years ago. It was hard, sweaty and a logistical nightmare. It took a few years off my life but the experiences gained were invaluable.
Love a good entrepreneurship origin story. I’m 100x smarter now than I was in college but the early days of learning how to run a business can’t be beat 🥹
Love a good entrepreneurship origin story. I’m 100x smarter now than I was in college but the early days of learning how to run a business can’t be beat 🥹
If an employee is a bad fit culturally or is underperforming the odds of them changing are NEAR ZERO. Keeping them on and hoping for change is the easy route. Firing sucks. Turnover sucks. I kick myself every time I relearn this lesson as my gut has been right 19/20 times.
There's a sweet spot for becoming an entrepreneur. I've never had a job and def wasted a few years "figuring it out" Getting a real job, even for a year or two, can teach what a business should look like so it's easier to emulate. Even a startup needs a little bit of corporate.
PSA: Property insurance is crushing a lot of real estate owners. We got our renewal back a few months ago and saw our premiums go up from $290k to $360k annually across our self storage portfolio. So we got serious about finding a new broker who would work the market…
Never thought I’d say this…but I think I might be an Outlook guy now
In the past month I’ve had 3 people no call no show to interviews. In what world is this considered normal? At least have the decency to send a quick note saying you’re no longer interested. Cmon people!
Passing along these savings directly to our LP's has been helpful as our occupancy has dropped a bit. Every penny counts.
Passing along these savings directly to our LP's has been helpful as our occupancy has dropped a bit. Every penny counts.
We've been working hard on a new website at Bolt. It will be moving onto Webflow from Wordpress. More to come soon!
At Bolt we use Salesforce to organize a lot of our outbound sales data. SF is powerful but expensive and not very intuitive. Considering Hubspot or Pipedrive. Does anyone have experience using any of these for sales? What's the best?
In early 2022 I felt like I was a character in Wolf of Wall Street. Today, I feel like Gen. Eisenhower about to send troops into Normandy.
“Property is currently listed at 70% occupancy but will likely fully lease soon” -brokered storage listing I just reviewed. At Bolt we’re underwriting 0-5% rent and occupancy growth year 1. It’s just not happening like it used to. Buyer beware.
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12K Followers 434 Following Multi 6 figure pressure washing business owner sharing my daily endeavors | Helping others grow their businessesWe met at Penn She was a freshmen. I was a senior … and her bible study leader! We were engaged in 10 months and got married the summer after her sophomore year 16 months later, my partners & I put 1616 Walnut under contract and my real estate development career was off too.
We met on a boat in Lake Titicaca (Bolivia). ⛴️ The next day, we toured the cemeteries and witch markets 🧙🏼♀️of La Paz. 3 months later, we went on our first real "date" - 10 days in Rio (picture below). She lived in Belgium. I lived in Colombia. 🧐 So I moved to Belgium. 🤷🏼♂️…
Wanted to share some thoughts on the gala 🙏 I'll start by repeating how thankful I am for the thousands of requests, many of which have come from the most dedicated of followers. I would love nothing more than to have a massive event where we can accommodate everyone at a huge…
IT'S OFFICIALLY ON!! RealEstate X Gala! -APRIL 25th -NEW YORK CITY -200 SPOTS -BLACK TIE -RED CARPET -SECRET A+ VENUE -FREE -THE REAL ESTATE EVENT OF 2024! Special Guest Co-Host: THE @BobKnakal 🔥 THANK YOU @CREXinc and @Placer_ai for hosting! AND: @TreppWire RECORDING LIVE!
@DanStorage @sweatystartup Aged Negronis 🙌🏻
I’ll be in NYC next week and I am thinking about hosting a real estate investor happy hour. If you’re in Manhattan towards the end of next week and want to talk shop with other real estate buyers, let me know by filling out the link at the end of this tweet. We plan to focus on…
@DanStorage @DanStorage just read about Uber Freight in their 10k
@DanStorage @FreightAlley & @typesfast are the 🐐
The tax lifecycle of real estate: 1. Buy with leverage 2. Cost segregate and depreciate initial capital in 3. Stabilize and borrow tax free against asset 4. Enjoy low tax cashflow year over year 5. 1031 exchange into larger asset, repeat 6. Die and step up basis 7. Heirs…
I'm just over a month in with @recostseg, couple high level thoughts: 1. Our product, cost segregation studies to help real estate investors save on taxes is a POWERFUL one. Speaking w/ clients and seeing the large tax savings from the studies we produce every week is…
@DanStorage I will get to try the Pimento cheese sandwich this year. And I like the hat!
@DanStorage Wish I was going back this year! Shaping up to be a great one.
@DanStorage You neglecting to mention it this morning was the ultimate show of humility. You had me distracted at Masters Eclipse Glasses 🤣
Real estate investors are lucky to have the best tax treatment of any business in America. Many of my clients earn millions a year and pay almost nothing in taxes because of accelerated depreciation and cost segregation. We are building a company that offers cost segregation…
Titan Risk is one of the most exciting businesses in my portfolio. Last year, I used them to get the annual premium on my 63 self storage facilities reduced from $360k to $280k AND got better insurance. My long time business partner Dan is the CEO of this endeavor (so I'm…
@DanStorage This needs to be a bumper sticker
A year ago today I was fortunate to be here and meet amazing entrepreneurs @DanStorage @mel_baldridge @baldridgecpa @sweatystartup @jsynergy & others. Cheers 🍻
If you're going to do one thing as a business owner: I recommend that you learn the tax code and take ownership over your strategy. Not having some foundational knowledge and an opinion on how to approach taxes as a business owner is a huge mistake. In my experience, every…
Last year Mitchell created one of the best real estate tax guides online and it's completely free. He spent 50+ hours on it to produce 4,400 words and 14 pages of insights for anyone who wants to learn. In the guide, he covers depreciation, deductions, RE pro status, 1031…
My mom gave me a beautiful gift when she died and she didn’t even know she was giving it to me. It’s something that you can give to your loved ones when your time is up. My mom‘s final resting place on earth is in Santa Barbara on a cliff overlooking the Pacific Ocean. It’s…
Can we talk about how Melanie Baldridge grew a company from ZERO to $350k+ per month of revenue in less than 2 years? Totally bootstrapped, 40 employees, With healthy margins. She founded RE Cost Seg with me, Mitchell Baldridge and Dan Hagberg and was the CEO until last week.…