My Exclusive Group Phone Call with High Net-worth Individuals | The Self Storage Industry Explained episode artwork

EPISODE · Nov 25, 2019 · 58 MIN

My Exclusive Group Phone Call with High Net-worth Individuals | The Self Storage Industry Explained

from Self Storage Income · host AJ Osborne

Whether you do it before, during, or after watching, PLEASE SUBSCRIBE, LIKE, AND COMMENT. Before I got involved with self-storage I was stuck on a treadmill. Yes, I made good money, but it was my clients that owned my time and not me. If I wanted to make more money I had to put in more hours. If I stopped working money stopped coming in. Self Storage changed that for me once and for all. And I want to show you how it can work for you. Self-storage facilities investments are a quiet but growing sector of commercial real estate. Based on current demographic trends, they’re ready to benefit substantially. You see, we live in a consumer culture. Americans love to buy stuff. At the same time, the average size of the American home continues to downsize. Which means people need a place to put all that stuff. Enter self storage. At this point, almost 10% of American’s use self storage and the industry has grown to bring in over $20 billion dollars in annual revenue. I want to show you how to get started in this industry and create true financial freedom. THIS ISN’T GUESS WORK — IT’S A REPEATABLE MODEL With over 1 million square footage of self storage facilities across four states, we’ve created a scalable model that works. We seek and purchase under performing facilities. When we overlay our model, we know almost exactly how the asset will perform in any given market. Our strategy has worked in large booming markets as well as extremely small rural areas. I was invited to speak to an exclusive group of high net-worth individuals who are interested in investing in self storage. I decided to record the conference call so that I could share it with you here.  I give an entire self storage overview - I’m talking market insights, industry specifics, my investment strategies, where I’m investing, what I’m looking for, how I find facilities to purchase, how to acquire a facility, how to drastically increase the value of a facility, knowing your competition and more.  I then answer questions one by one as the group members go through and ask questions about investing in and operating self storage. Some of the questions I answer: “What kind of software are you using at your facilities?” “How are you managing your facilities?” “Do you recommend people to invest in self storage? Or just experts?” “When you buy facilities, do you keep the employees or do you clean house and hire all new employees for that facility?” “What kind of questions should we be asking ourselves as new people to self storage investing?” “How are you selling tenant insurance to your tenants? Are you using a third party? How are you structuring that?” “Who are you using to provide tenant insurance?”  “How easy is it to evict a tenant?” I hope you enjoy listening in on this great self storage overview.  I'll see you next time everybody, AJ --------- AJ's Self Storage Masterclass - https://cashflow2freedom.com/self-storage/ Self Storage Income Website: https://www.selfstorageincome.com Self Storage Income Podcast: - iTunes: https://podcasts.apple.com/us/podcast/self-storage-income/id1482663918 - Stitcher: https://podcasts.apple.com/us/podcast/self-storage-income/id1482663918 My OTHER Podcast & YouTube Channel - Cashflow 2 Freedom - https://www.youtube.com/channel/UCspPjuKSS7iohRa7VRvohqQ

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My Exclusive Group Phone Call with High Net-worth Individuals | The Self Storage Industry Explained

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How long is this episode of Self Storage Income?

This episode is 58 minutes long.

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This episode was published on November 25, 2019.

What is this episode about?

Whether you do it before, during, or after watching, PLEASE SUBSCRIBE, LIKE, AND COMMENT. Before I got involved with self-storage I was stuck on a treadmill. Yes, I made good money, but it was my clients that owned my time and not me. If I wanted to...

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