293. How to Structure a Self Storage Investing Partnership (Properly) in 2025

Partnerships can be a huge net positive for your self storage business, especially if the partner brings something different to the table. Unfortunately, they’re also the number one reason self storage deals fall through, and when partnerships fail, it’s messy. Good news—today, we’ll show you how to set up your partnership for success. What’s the key to a long and profitable partnership? You need to prepare for the worst first—divorce, death, and dissolution—and work back from there. In this episode, AJ and Connor will show you how to do just that. You’ll learn about some costly mistakes to avoid and some major red flags to watch out for when teaming up with other investors, and AJ will even share his biggest wins and losses from past partnerships. If you’re new to self storage investing, maybe you don’t possess the knowledge, experience, or capital to take down a self storage facility on your own. But you might have the one thing wealthy investors don’t have—time. Hunt down the right deal and investors will flock to YOU. Don’t believe us? Stick around and find out why! What you’ll learn in today’s show: The number one reason why most self storage deals fall through How to properly structure your own self storage partnership The three financial “mechanisms” to account for in a partnership AJ’s biggest wins and losses from current and past partnerships The easiest way to create value that attracts other (wealthy) investors The only way to maintain “control” in a self storage partnership — Get the AJ Osborne Newsletter https://www.selfstorageincome.com/newsletters/aj-osborne-playbook  Join the SSI Community https://www.selfstorageincome.com/learn  Join the Inner Circle https://www.selfstorageincome.com/inner-circle  __ 📌 Make self storage management easier than EVER with our podcast sponsor Tenant Inc. - https://www.tenantinc.com/ 🌳 Work with someone experienced in self storage loans at Live Oak Bank! We seriously love them. https://www.liveoakbank.com/business-loans/self-storage/    🖊️ Enter our survey for a chance to win a signed copy of AJ’s Book: https://form.asana.com/?k=da0pR8v74pC8OEgx9dgKRQ&d=1203571084143207