SA369 | Self-Storage Deal Analyzer and Market Research Data with Jason Stofer

Today, Jason Stofer discusses the benefits of investing in self-storage and the implications of developing software that evaluates syndication deals and gives market research data. Keep listening to learn how this asset class creates wealth!Key Takeaways To Listen ForUseful resources to learn self-storage investingTypes of self-storage organizationWays to build a strong networkWays to identify great partners and indicators of good dealsBenefits of investing in self-storage assetsSelf-storage: Advantages, challenges, and futureResources Mentioned In This EpisodeRich Dad Poor Dad | Audible, Paperback The Perfect Investment | Audible, PaperbackFree Apartment Syndication Due Diligence Checklist for Passive InvestorAbout Jason Stofer Jason Stofer is a Self-Storage Owner, Operator, and Syndicator. For the past 6 years, he has invested his time, effort, and money to acquire the knowledge to invest in self-storage properties.  This includes highlights such as attending Scott Meyer’s boot camp.He owns/manages four self-storage facilities which were acquired between 2020 and 2021. He leveraged his 20 years of Information Technology, Lean & Six Sigma, and Project Management experience to rapidly improve the Net Operating Income of the property by implementing cost-saving technologies and operating practices.  For example, the Columbia Smart Storage property was 84% physical occupancy and 74% economic occupancy upon acquisition. Within 3 months of acquiring the property was at 97% physical occupancy and 85% economic occupancy and growing the estimated value of the property from $865,000 to over $1 Million dollars.Jason attended Golden Gate University, graduating in 2007 with a BS in Computer Information System and then a Master’s in Business Administration in 2016.  He has worked in the Information Technology (IT) field for the past 21+ years with Project Management, Data Analyst, Lean Six Sigma, Six Sigma, and Continues Improvement projects. Jason has the reputation of providing exceptional value to his customers and his community. Connect with JasonWebsite: The Smart Storage GroupTo Connect With UsPlease visit our website: www.bonavestcapital.com and please click here, to leave a rating and review!SponsorsGrow Your Show, LLCThinking About Creating and Growing Your Own Podcast But Not Sure Where To Start?Visit GrowYourShow.com and Schedule a call with Adam A. Adams.Dream Chasers PodcastWant to listen to another Next Level Show?Subscribe to DREAM CHASERS | Interviews with the Future Podcast!