RG 313 - Investing in Self-Storage 101: Inflation, Cap Rates, Interest & More – w/ Jacob Vanderslice

Join me in welcoming another esteemed guest on the show, a fellow operator and the co-founder of one of the most successful self-storage companies in the country—Jacob Vanderslice. Jacob is a co-founder and partner at VanWest Partners, a real estate investment company specializing in self-storage facilities and other opportunistic investments in commercial real estate. To date, VanWest Partners has deployed over $238 million in capital and manages 42 properties, 19,000 units, and 2.7 square feet of space. Multifamily and self-storage assets are similar in quite a few ways, and Jacob is here with us today to go deeper into those similarities. If you’re interested in investing in self-storage facilities, Jacob also gives us a peek at what you can expect in self-storage investments at this time. We go over a lot of topics in this episode--cap rates, interest rates, current investment environments, and more—so buckle up, ready your notes, and let’s learn what it takes to invest in self-storage! KEY TAKEAWAYS 1. Once the government tamps down inflation, we might go back to a lower rate environment. 2. Your first line of defense against recession is creating a mode of cash flow. Cash flow is what will help get you through uncertain times. 3. Despite the rising rate environment, self-storage cap rates are continuing to compress, primarily due to liquidity. LINKS https://www.linkedin.com/in/jacob-vanderslice-02905b16b/ https://www.vanwestpartners.com/ INVESTMENT OPPORTUNITIES Want to invest alongside Reed? All investments are 100% PASSIVE. Historical returns to accredited investors have ranged 18-31% annualized! To find out more, head on over to… www.reedgoossens.com