Dan Hagberg (@DanStorage) header
Dan Hagberg (@DanStorage) profile picture

Co-Founder of Bolt Storage w/ 1.9m sq/ft and counting. Sold a service business for 7 figures.

Athens GA/NYC
Joined May 2020
Photo by Dan Hagberg (@DanStorage)Photo by Dan Hagberg (@DanStorage)Photo by Dan Hagberg (@DanStorage)Photo by Dan Hagberg (@DanStorage)Photo by Dan Hagberg (@DanStorage)Photo by Dan Hagberg (@DanStorage)Photo by Dan Hagberg (@DanStorage)Photo by Dan Hagberg (@DanStorage)Photo by Dan Hagberg (@DanStorage)Photo by Dan Hagberg (@DanStorage)
Reflecting on the past few years I'm truly amazed by what Bolt has been able to put together. A visual representation below, check it out 💪
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Had ourselves a day @DanStorage
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This one got the tears flowing for me.
How a Son Sees His Father at Every Age
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Pumped for another @ReconveneLA tomorrow. So many great people and I always leave learning something new
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Self storage described in The New Yorker as one of the two great pillars of American culture, right alongside church. After operating 72 facilities, I can’t say they’re wrong. Americans buy a lot of stuff and really hate throwing it away. I love this business. newyorker.com/magazine/2026/…
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Public Storage reported higher occupancy and move in rents year over year in Q2, but same store rev and NOI were still down. I’d expect their same store results to improve quite a bit in Q3 and Q4. First occupancy stabilizes. Then promos decline, ECRIs increase and NOI growth follows. It’s been a long road, but we’re seeing some very promising trends across Bolt’s portfolio w/ NOI growth.
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Shoutout to the team at Bolt for all their hard work behind the scenes. Excited for the next chapter of growth!
Bolt Storage Q2 update: Q2 2025: $2.24 million net operating income Q2 2026: $2.50 million net operating income + 11.77% year over year Here's a photo from 2016 of my partner and I at our first facility. From this development to 2,043,181 square feet across 70 properties.
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The irs sent me a letter just to tell me they needed more time to send me another letter.
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Dan Hagberg retweeted
We are renting storage units at record pace. 386 units rented in the first 8 days of May. 48.25 units per day. Same period last year: 206 rentals for 25.75 per day.
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Dan Hagberg retweeted
In the real estate business you can always count on 3-5 year stretches where not much happens. No refis. No buying sprees. No sales. Just put your head down and operate your properties well and wait for the next cycle.
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Patiently waiting for the day a unit like this makes it to auction
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I've auctioned off thousands of storage units and anything cool/valuable that's "found" is almost certainly made up
A storage unit was reportedly purchased by a consignor of Heritage Auctions. The unit ended up belonging to Travis Kelce and inside were some absolute GRAILS. How many of these do you think were unfulfilled redemptions? 😭 📸: u/jason_at_heritage
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It feels like a buyer's market for commercial RE is finally here. Sellers wanting 21/22 valuations are realizing their equity is slowly worth less and less. Many buyers who purchased at inflated prices in the same timeframe are underwater and properties are worth less than their debt (we're seeing this firsthand). I'm not sure what's to come in the next 12 months but having low leverage and no upcoming debt maturities helps me sleep at night. Buckle up!
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Permanent Bonus Depreciation
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Very proud of what we’ve built at Bolt Builders and the partnerships we’ve put together. We are truly a one stop shop for developers with the funds to develop but no FT staff!
We've spun off an architecture firm on the back of my storage company. Pre dev work. MEP. Structural. Renderings. We can stamp plans. And our back office is in Colombia so we can save you 50% over US firms.
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Let’s go!
🚨 BREAKING UPDATE: The House Ways & Means Committee has released amendments to the 'One Big Beautiful Bill', and BONUS DEPRECIATION IS BACK! Here's what real estate investors and business owners need to know:
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Nobody will tell you the risk you are about to take is going to work.
Print this out and tape it to your desk. "If you're sitting back waiting for somebody to tell you you're allowed to launch your business and you're qualified enough to make it work, it isn't going to happen. You have to give yourself permission."
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Wild that I now have to re-emphasize QUITTING your old job is a requirement when sending an offer letter. I’ve been burned twice in the last month on this.
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Always get more than 1 quote. Quotes for gutter replacement just received: $3500 $6827 $9766 $7286
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It's been a really tough 18 months on the growth side of Bolt Storage. I've been hoping that "eventually the numbers will work." This feels like a cop out and just shows it's time to get creative in our analysis and growth strategy. Going to be a great 2025
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Grilled tomahawk wagyu was a success last weekend. Melt in your mouth good!
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