Feasibility and due diligence, this is one of the many facets of real estate that Fernando loves. He likes computing numbers and making analysis.
This is necessary for the sense that this will make or break your deal. Don’t ever go to a real estate business if you do not know anything about this topic.
The important thing about self-storage is as soon as they get the numbers from the seller at the same time they also discuss the due diligence.
First, check the market. Before you even look at the property itself, before you even do the math for the income and expenses of the property, you have to check the market. Look at the market and the competitors first because in self-storage there is a supply and demand meter that could make or break your deal.
Study the supply index number in the area. This is calculated based on the amount of storage in an area divided by the population.
To learn more about the feasibility and due diligence with Fernando, continue watching this video.
Fernando O. Angelucci is the Founder and President of Titan Wealth Group. He also leads the firm’s finance and acquisitions departments. Fernando Angelucci and Steven Wear founded Titan Wealth Group in 2015, and under his leadership, the firm’s revenue has grown over 100% year over year. Today,
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Titan Wealth Group operates nationwide sourcing off-market investment properties for Titan Wealth Group’s acquisition as well as servicing a network of thousands of active real estate investors worldwide. Prior to founding Titan Wealth Group, Fernando worked for Dow Chemical, a Fortune 50 company, rolling out a flagship product estimated to gross $1B in global revenues.
With an engineering background, Fernando is able to approach real estate investing with a keen analytical mindset that allows Titan Wealth Group to identify opportunities and project accurate pictures of future performance.
Fernando graduated from the University of Illinois at Urbana-Champaign with a B.A. degree in Technical Systems Management.
Titan Wealth Group was founded in 2015 with the vision of gathering individual investors that have the means to invest but lack either the time to find high-yield investment opportunities or the access to these off-market deals. All too often, founders Fernando Angelucci & Steven Wear came across investors who had deployed their capital only to regret the lack of consistency or degree of returns their investments were producing. In response, Titan Wealth Group provides access to highly-vetted real estate secured investments and off-market acquisition opportunities primarily in the Greater Chicago MSA. Today, Titan Wealth Group not only assists individual investors but has grown to support the acquisition goals and capital deployment of investment groups, private equity firms, and real estate investment trusts (REITs).
As a facilitator of wealth growth, Titan Wealth Group believes that success is not limited to the sum of our efforts and is infinite with what can be accomplished through partnership.
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