Episode 86: Self Storage - No Toilets or Tenants - with Chicag Expert Fernando Angelucci

Fernando Angelucci has spent the last decade becoming one of the largest wholesalers in the Chicagoland area. Fernando successfully scaled his wholesaling business to a goliath and used the same skill sets and systems to establish and grow his self storage portfolio. In today's episode, Fernando breaks down why he prefers self storage over multifamily investing, what you should be looking for in a self storage opportunity, how to find deals and the shiny future of self storage. Listen in on a tremendous episode and as always, share us with a friend and give us a five star review to help us grow even more. Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: [email protected] Guest: Fernando Angelucci of Titan Wealth Group Link: Fernando Angelucci - Senior Managing Partner - Impact Self Storage Link: Feasibility Study Definition: How Does It Work? Link: What It Takes: Lessons in the Pursuit of Excellence Link: Am I Being Too Subtle?: Straight Talk From a Business Rebel Link: Principles by Ray Dalio Link: About Us Link: https://www.linkedin.com/in/hisarahaustin/ Link: IMPACT Self Storage Sponsor: Prime Lending (Perry Farella)   Sponsor: Essex Realty ----------------- Guest Questions Guest Intro 5:55 Wholesaling explanation 6:50 Is direct marketing still viable? 9:20 How do you target a demographic? 12:00 If you started tomorrow, what would you do differently? 17:00 How did you get started in self storage? 19:25 What makes a good deal? 23:25 What is the typical client for self storage? 29:00 What direction is the industry heading? 32:45 How do deals fall apart? 35:30 How do you handle non payments? 40:00 What are your plans for the next 5 years? 44:00 Wrap Up Questions What is your competitive advantage? 50:00 One piece of advice for a new storage investor? 51:50 What do you do for fun? 52:40 Self development activity? 53:45 Valuable network resource? 54:45 How can we learn more about you? 55:30 That's our show! Thanks for tuning in! If you want to make the most of your investment, connect with us at https://www.gcrealtyinc.com/. ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2021.