166. Now is the Time to Make Millions: How We Leverage Recessions

Welcome back to the Self Storage Income podcast! The current level of inflation is out of control. With the Fed desperately trying to hedge against it by raising interest, we might be headed into, if not already in, another recession. As we mentioned in last week’s episode, the market is shifting, and capital is getting more expensive. Consumer sentiments are changing as people become more frugal and increase savings.  But then why did we just buy 23 facilities? All at once?? How is that even possible? Let’s talk about it in this week’s episode. You might have noticed that we’re adding a new segment to our podcast: Comment of the Week! This is where we read one of YOUR comments posted on our social platforms – like YouTube, Instagram, Twitter, etc. – or a review from this podcast on iTunes, Spotify, or Stitcher. As much as we love sharing our knowledge and our success stories, we also love hearing the stories and feedback from you, so we’re sharing them here on the podcast. Thanks for your support!   ----  WE’RE HIRING - if you think you’d be a great fit for the Cedar Creek Team, contact me here: https://www.selfstorageincome.com/contact  The Self Storage Income Podcast is Sponsored by: Forge Building Company. Forge is our go-to building contractor for all things self-storage. In AJ's words "Forge has saved us literally hundreds of thousands of dollars on one deal alone through their ability to value engineer, improving our facility at the same time." Exclusive to SSI listeners, Forge is offering a FREE consultation and Complimentary Site Layout. Get in touch with Forge here:  - https://forgebuildings.com/podcast   The Self Storage Income Podcast is also sponsored by: Janus International - https://www.janusintl.com/ Live Oak Bank - liveoakbank.com/incomepodcast Tenant Inc. - https://www.tenantinc.com/   Want to invest in storage without dealing with the day-to-day operations and management? Learn more about our syndication company Cedar Creek Wealth here: https://www.cedarcreekwealth.com/ Investing in real estate is like climbing a mountain, depending on where you are on your journey, you need a different set of tools and resources so you can grow. That's why we created The Circle - the go-to real estate investment community to help people grow and scale in real estate. Find out more here: https://www.thecrecircle.com/ Want to pick up my best-selling book for free? You got it - just head over to the Self Storage Income website and download your free copy here: https://selfstorageincome.com/