Explore every episode of the podcast Self Storage Income
| Title | Pub. Date | Duration | |
|---|---|---|---|
| 298. How to Scale (Fast) from ONE Small Self Storage Facility to Financial Freedom | 27 May 2025 | 00:46:12 | |
Is buying self storage facilities a surefire path to building wealth? In this episode, we’ll show you why buying a small, mom-and-pop operation might be the perfect alternative to residential real estate. For those who don’t want the tenant headaches of long-term rentals or the unpredictable income of short-term rentals, this episode is for you!
Today, AJ and George are sharing self storage success stories from everyday investors who are increasing their facility’s value by six figures (while working full-time), using 10%-down SBA (Small Business Administration) loans to buy facilities, and scaling their income without the stress of other asset classes. The best part? These aren’t unicorn stories. They’re repeatable models rooted in solid deal analysis and smart operations.
Whether you’re just getting into real estate investing or you’re tired of tenants and toilets, we’ll show you why self storage gives you more control over your property’s revenue and value. We’ll break down the operating expenses you’ll need to consider when analyzing deals, what to make of cap rates, and how to quickly scale from small operations to much larger, high-value investments! What you’ll learn in today’s show:
Check out our Inner Circle: https://www.selfstorageincome.com/inner-circle
Check out the video podcast on YouTube https://www.youtube.com/@AJOsborneOfficial/videos | |||
| 297. How Much Does It Pay to Have a Cell Tower on Your Property? with Hugh Odom of Vertical Consultants | 20 May 2025 | 00:51:35 | |
How much does it pay to have a cell tower on your property? Most self storage owners don’t realize that cell tower leases can be extremely profitable. But they can also bind you to a long-term agreement that might not be in your best interest. How do you get the best of both worlds: an extra income stream plus a cell phone tower lease that gives YOU flexibility to sell, refinance, or develop your property? Hugh Odom from Vertical Consultants is here to help. Hugh has probably looked at more cell phone tower leases than anyone on the planet. He’s been helping storage facility owners get the best bang for their buck on cell tower space for years by negotiating contracts with tower companies and providers. Today, he shares how to get top dollar for your space, WITHOUT locking yourself into a bad lease. Plus, what do cell phone towers pay in rent? $500/month? $5,000/month? And how do you know how much your facility could charge for a cell tower on your land? Or maybe you’ve bought a facility with a cell tower lease already in place—can you renegotiate for more? Yes! Today, Hugh is showing you how! What you’ll learn in today’s show:
— - Self Storage Income 34 - The In’s and Out’s of Cell Towers with Hugh Odom | How to do them Right https://www.selfstorageincome.com/podcasts/self-storage-income-2/episodes/2147769088 - Self Storage Income 233 - Can you Make Money from Cell Towers on your Storage Property? https://www.selfstorageincome.com/podcasts/self-storage-income-2/episodes/2148549342 - Vertical Consultants. https://www.celltowerleaseexperts.com/ - Cell Tower AI https://celltowerai.com/ __ 📌 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! https://www.liveoakbank.com/business-loans/self-storage/ 🎙️ Do you have a great story to share on the SSI or AJ Osborne podcasts? You can now apply here! https://form.asana.com/?k=TGU88eU0bFTFW1iHcckuTA&d=1203571084143207 📖 Get AJ's book that teaches you everything he knows about self-storage https://a.co/d/aRSKcSq 📉 Take advantage of today’s market conditions and invest with us: https://cedar.cc/invest | |||
| 288. The Undersupplied Self Storage Markets That Everyone Else Is Ignoring w/Brady McDonald | 18 Mar 2025 | 00:39:22 | |
Get my FREE self storage starter pack to learn how to analyze, underwrite, and operate your next storage investment: https://www.selfstorageincome.com/start-podcast
Brady McDonald is not only a fellow self storage investor but also the founder of Barefoot Land Co., a company that specializes in acquiring and entitling land for self storage development. Only a few years ago, Brady owned a large portfolio of rental properties in Canada. But when he realized that “you can’t eat equity” and needed more cash flow, he packed up his young family, moved to the US, and started a business that sources land off-market, entitles it, and then sells it to other developers. He has even developed a couple of his own self storage facilities, too!
In this episode, Brady shares his journey into self storage investing, the major changes he’s noticing throughout the self storage industry, and the steps he takes when analyzing a market for development opportunities. Stay tuned if you want to know where rental rates are headed and where class A storage could take off in 2025! What you’ll learn in today’s show:
— Barefoot Land Co.: https://www.barefootlandco.com Brady’s Instagram: https://www.instagram.com/brady.mcdonald84
📌 Make self storage management easier than EVER with our podcast sponsor Tenant Inc. - https://www.tenantinc.com/ 📑 Our Self-Storage Feasibility Studies will help you speed up the process in understanding markets, potential risks, and analyzing the facility itself. https://cedar.cc/feasibility-studies/ 🎙️ Do you have a great story to share on the Self Storage Income or AJ Osborne podcasts? You can now apply here! https://form.asana.com/?k=TGU88eU0bFTFW1iHcckuTA&d=1203571084143207 📖 Get AJ's book that teaches you everything he knows about self-storage https://a.co/d/aRSKcSq 📉 Take advantage of today’s market conditions and invest with us: | |||
| 198. The 3 Keys to Finding Great Deals | 02 May 2023 | 00:38:39 | |
Welcome back everyone to the Self Storage Income Podcast! Investing in self storage can be pretty overwhelming sometimes. There are a lot of factors to consider, decisions to be made, and risks to be aware of – that is if you actually want to be a successful self storage investor. Today, AJ provides a great metaphor on how to look at self storage investing that really breaks down the fundamentals of self storage investing success. There are a few key pieces that you need to be thinking about, pieces that live in a symbiotic relationship and one cannot live without the other. These key pieces of the puzzle are more important than ever as the self storage industry continues to return to a historical norm in regards to performance. Gone are the days of “build it and they will come”. Gone are the days of hitting returns with zero effort. As an owner or an investor placing your capital with a syndicator, you have to have your ducks in a row and ensure the people you’re working with do as well. Thanks so much for listening everyone, enjoy the episode and make sure you have all your bases covered. Want to take advantage of todays market conditions with us? Invest in our opportunistic Fund 2 Here: https://cedar.cc/invest Join my Inner Circle! An exclusive mastermind for real estate investors seeking the most advanced strategies and resources in the world for generating wealth and passive income through self storage investing. https://www.selfstorageincome.com/inner-circle Contact us for more information about working with our architect. - https://www.selfstorageincome.com/contact Our Sponsor - Tenant Inc. - https://www.tenantinc.com/ Grab my audiobook Growing Wealth in Self Storage for FREE: https://www.selfstorageincome.com/free-audiobook | |||
| 197. How AI is Changing the Self Storage Industry | 25 Apr 2023 | 00:33:18 | |
What a great week at the Inside Self Storage Expo! We just got back from Las Vegas where the ISS event was held. One of the biggest topics they covered was Automation and AI integration, with both private companies and public REITs all interested - so let's talk about it! AI has been adopted across industries almost immediately - decades faster than the Internet was adopted initially. Is this just hype? Or is this an industry changing force that will impact everyone - including investors, operators, and the industry as a whole? We can help you figure out what type of loan or financing structure you need, and where you can get funding for your deal: https://www.cedarcreekwealth.com/debt Our partners: Tenant Inc. - https://www.tenantinc.com/ Grab my audiobook Growing Wealth in Self Storage for FREE: https://www.selfstorageincome.com/free-audiobook | |||
| 196. Buying Storage during a Recession - Market Updates w/ Ryan Gibson | 20 Apr 2023 | 00:49:01 | |
The Self Storage market is undergoing an unprecedented time of change and fluctuation. Everything is being affected - buying & selling, cap rates, tenant occupancies, and more. If you are new to the market - or trying to get into the market with your first deal - what does this meant for you? We know Self Storage is connected to residential housing. Does that mean we will experience the same desperation, skyrocketing debt, or foreclosures? Interest rates right now are extremely high, but prices have not come down. Leasing season - summer time - is coming up soon. What are WE doing to prepare? And how can you benefit? Formerly an airline pilot, Ryan Gibson transitioned to real estate when he co-founded of Spartan Investment Group in 2013. Scott Lewis, his partner, and Ryan both wanted to be in an asset class that was uncorrelated with the market and it's extrinsic influences. Ever since, he's been growing his self storage portfolio to over 4 million square feet across a multitude of states. We're excited to have him share his insight into the market as it stands today! Find out more about Ryan and Spartan here: spartan-investors.com Need help funding a deal? We can help you figure out what type of loan or financing structure you need, and where you can get them. Just send us a message here: https://www.cedarcreekwealth.com/debt Our partners: Want to take advantage of todays market conditions with us? Invest in our opportunistic Fund 2 Here: https://cedar.cc/invest Join my Inner Circle! An exclusive mastermind for real estate investors seeking the most advanced strategies and resources in the world for generating wealth and passive income through self storage investing. https://www.selfstorageincome.com/inner-circle Tenant Inc. - https://www.tenantinc.com/ Grab my audiobook Growing Wealth in Self Storage for FREE: https://www.selfstorageincome.com/free-audiobook | |||
| 195. This is Massive - ExtraSpace's $12 Billion Self Storage Merger | 11 Apr 2023 | 00:27:00 | |
There has been a major development in the self storage industry. One of the biggest REITs in the space, ExtraSpace, has merged with Life Storage for a record $12.7 billion, making it the largest merger in the Self Storage industry by FAR. Where will this take us and what does it mean for the self storage world? For years, we've talked about market consolidation in this space. The sheer market size of this merger can tell us a lot. Public Storage even joined in on the fun. This is not just some "big news" you seen on the Wall Street Journal. This WILL affect your state, your city, and your market. It's been building up for years - and it's finally come to fruition. Let's break it down in this episode of Self Storage Income! Need help funding a deal? We can help you figure out what type of loan or financing structure you need, and where you can get them. Just send us a message here: https://www.cedarcreekwealth.com/debt Our partners: Want to take advantage of todays market conditions with us? Invest in our opportunistic Fund 2 Here: https://cedar.cc/invest Join my Inner Circle! An exclusive mastermind for real estate investors seeking the most advanced strategies and resources in the world for generating wealth and passive income through self storage investing. https://www.selfstorageincome.com/inner-circle Tenant Inc. - https://www.tenantinc.com/ Grab my audiobook Growing Wealth in Self Storage for FREE: https://www.selfstorageincome.com/free-audiobook
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| 194. When to STOP Buying - Understanding Market Decline | 28 Mar 2023 | 00:46:19 | |
In the midst of the recent bank collapses, economists and investors alike are shuddering at the impact of high cost of capital and the Fed's continual interest rate hikes. Banks are extremely nervous and wary of investments - all investments. INCLUDING storage. Why is this happening, and how will it affect us? When we saw storage being oversupplied with falling demand, we knew a bubble was coming. Now it's here. When we look at investing in self storage, we always underwrite a "worst case scenario" - what will happen to our money if rates spike or cashflow wasn't as expected? There's a time and place to be buying or be holding back. We've done this before back in 2017 - but how do you know what to do when the market shifts? Need help funding a deal? We can help you figure out what type of loan or financing structure you need, and where you can get them. Just send us a message here: https://www.cedarcreekwealth.com/debt Our partners: Live Oak Bank - liveoakbank.com/incomepodcast Tenant Inc. - https://www.tenantinc.com/ Janus International - https://www.janusintl.com/ Grab my audiobook Growing Wealth in Self Storage for FREE: https://www.selfstorageincome.com/free-audiobook | |||
| 193. Remote-controlled Facilities, Spiraling Debt, & "Now is the Time to Develop" - w/ Mike Burnam | 21 Mar 2023 | 00:52:03 | |
Welcome back everybody to Self Storage Income! Today we have an exciting guest, Mike Burnam, on to talk about the current state of self storage markets - particularly smaller, tertiary, and subprime markets - as the bubble created by the pandemic is starting to pop. Mike is the CEO of StorageMart and has been in the industry for over 42 years, with over $4 billion worth of self storage. He has experience with being publicly traded then went private, and has operated in the US, Canada, and the UK. So what's going on with storage? Debt is harsh, ChatGPT is disrupting Google's dominance, and large competitors, like Public Storage, is experimenting with more and more remote & digital solutions in their properties. ExtraSpaceStorage, just bought over $500 million to buy a portfolio of over 100 properties. These changes will determine the future of storage, especially impacting smaller markets in rural areas while high population areas approach these changes head-on. Find out more in this episode! You can reach out to Mike directly via his email: Find out more about StorageMart: Need help funding a deal? We can help you figure out what type of loan or financing structure you need, and where you can get them. Just send us a message here: https://www.cedarcreekwealth.com/debt Our partners: Live Oak Bank - liveoakbank.com/incomepodcast Tenant Inc. - https://www.tenantinc.com/ Janus International - https://www.janusintl.com/ Grab my audiobook Growing Wealth in Self Storage for FREE: https://www.selfstorageincome.com/free-audiobook | |||
| 192. Financing in Troubled Times - What Banks Look for in Self Storage w/ Anna Taylor | 14 Mar 2023 | 00:43:46 | |
The economy is shuttering: with the Fed raising rates trying to slow down inflation, banks are responding differently to investors than they used to. Developments aren't getting approved as much as they used to. What does this mean if you are wanting to invest in, build, or acquire a new storage facility? Today we are joined by Anna Taylor, who is the head of Self-Storage Lending at Live Oak Bank and she is an absolute self storage lending expert. She's kept a close eye on the industry over the last decade. We talk about the market conditions right now, what she's seeing from a lending perspective, and what needs to be done prior to obtaining the loans and financing you may need. Need help funding a deal? We can help you figure out what type of loan or financing structure you need, and where you can get them. Just send us a message here: https://www.cedarcreekwealth.com/debt Our partners: Live Oak Bank - liveoakbank.com/incomepodcast Tenant Inc. - https://www.tenantinc.com/ Janus International - https://www.janusintl.com/ Grab my audiobook Growing Wealth in Self Storage for FREE: https://www.selfstorageincome.com/free-audiobook | |||
| 191. How to Appraise Self Storage Properties 101 w/ Tim Garey | 15 Feb 2023 | 00:47:45 | |
When buying a self storage facility, the sale price isn’t always market value - if it was, we’d live in a perfect world. Thats why having an appraiser come out and inspect the property can be tremendously valuable. They can tell you what exactly adds or subtracts from market value and determines the final sale price. In this episode, special guest Tim Garey from Cushman & Wakefield Self Storage sheds light on the appraisal process. With over 20 years of experience in commercial real estate, Tim has valued a wide variety of properties: shopping centers, industrial, golf courses, and...self storage! Find out more about Cushman & Wakefield here: http://cushwakeselfstorage.com/ Need help funding a deal? We can help you figure out what type of loan or financing structure you need, and where you can get them. Just send us a message here: https://www.cedarcreekwealth.com/debt Our partners: Want to take advantage of todays market conditions with us? Invest in our opportunistic Fund 2 Here: https://cedar.cc/invest Join my Inner Circle! An exclusive mastermind for real estate investors seeking the most advanced strategies and resources in the world for generating wealth and passive income through self storage investing. https://www.selfstorageincome.com/inner-circle Tenant Inc. - https://www.tenantinc.com/ Grab my audiobook Growing Wealth in Self Storage for FREE: https://www.selfstorageincome.com/free-audiobook | |||
| 190. Q&A: MAJOR Slowdown Ahead? | Self Storage in 2023 | 02 Feb 2023 | 00:36:47 | |
In this special Q&A episode of Self Storage Income, we answer YOUR questions directly. We will be addressing - The State of Self Storage in 2023 - Developments: The Pros & Cons - Finding Investors for a Boat & RV Facility with much more to come. Thanks to all those to have supported us and sent us questions. You can send your own via our YouTube channel, Instagram, or Twitter. https://www.youtube.com/@SelfStorageIncome https://www.instagram.com/ajosborne/ https://twitter.com/AjOsborne1 Need help funding a deal? We can help you figure out what type of loan or financing structure you need, and where you can get them. Just send us a message here: https://www.cedarcreekwealth.com/debt Our partners: Live Oak Bank - liveoakbank.com/incomepodcast Tenant Inc. - https://www.tenantinc.com/ Janus International - https://www.janusintl.com/ Grab my audiobook Growing Wealth in Self Storage for FREE: https://www.selfstorageincome.com/free-audiobook Want to invest in storage without dealing with the day-to-day operations and management? Learn more about our syndication company Cedar Creek here: https://www.cedarcreekwealth.com/ | |||
| 189. Funds vs Syndications: Pros & Cons | 25 Jan 2023 | 00:47:56 | |
There are many ways to finance a self storage deal. You can bring your own money, leverage your own assets, or enlist the help of others, like investors, banks, and even the sellers themselves. Today we're talking about two of the most common ways to finance a storage facility: Funds and Syndications. Funds pool together capital to invest across a series of investments or properties, such as a portfolio, hence diversifying the capital you invest. Syndications aggregate a group of investors together to "crowd-finance" a single property or deal, but allows for more parties to help manage or secure deals, especially larger ones. We're breaking down what you need to know BOTH as an investor AND a sponsor. What are the pros and cons of each? Need help funding a deal? We can help you figure out what type of loan or financing structure you need, and where you can get them. Just send us a message here: https://www.cedarcreekwealth.com/debt Our partners: Live Oak Bank - liveoakbank.com/incomepodcast Tenant Inc. - https://www.tenantinc.com/ Janus International - https://www.janusintl.com/ Grab my audiobook Growing Wealth in Self Storage for FREE: https://www.selfstorageincome.com/free-audiobook Want to invest in storage without dealing with the day-to-day operations and management? Learn more about our syndication company Cedar Creek here: https://www.cedarcreekwealth.com/ | |||
| 287. Self Storage “Deals of a Lifetime” Flooding Back to the Market (We’re Buying!) | 11 Mar 2025 | 00:42:11 | |
Self storage “deals of a lifetime” are already hitting the market! Is the self storage deal drought over? It’s certainly starting to feel like it. More and more self storage investments are now making financial sense at prices sellers are willing to accept—and we’re taking full advantage. If you’ve been waiting to buy your first or next self storage facility, this may be the perfect time to get in, as sellers are FINALLY waking up to reality and considering offers well below asking price. We’ve already got multiple deals under contract this year, but this buyer’s market will NOT last long. Why are sellers finally starting to come around? Is it due to low buyer demand or high interest rates lasting too long? There are multiple factors forcing sellers to reconsider offers that they would have, up until recently, laughed at. So, how do YOU take advantage now and acquire assets that’ll be home-run deals in just a few years? We’re walking you through how to get in the game, build your self storage investment “buy box,” and score a “deal of a lifetime” before the market flips back to the seller’s side. What you’ll learn in today’s show:
— Self Storage Inner Circle - https://www.selfstorageincome.com/inner-circle
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| 188. The Problem with Debt | Lending and Financing in Self Storage w/ Ben Benditson | 11 Jan 2023 | 01:11:18 | |
Once you've figured out which market to go in and what price you should pay, the next step is to secure the funding and financing for your deal. Lending is a tricky business - there are numerous types of loans and fund structures each with their unique benefits, regulations, and interest rates. Each of these factors will directly affect how your deal functions now and years into the future. Today we are talking to Ben Benditson, our newest addition to the Cedar Creek team. He's a broker who has helped us fund numerous deals that we now own. We're going through the Pros and Cons of different types of funding for Self Storage (and commercial real estate at large) and what to look for and avoid when you are raising capital. Need help funding a deal? We can help you figure out what type of loan or financing structure you need, and where you can get them. Just send us a message here: https://www.cedarcreekwealth.com/debt Our partners: Live Oak Bank - liveoakbank.com/incomepodcast Tenant Inc. - https://www.tenantinc.com/ Janus International - https://www.janusintl.com/ Grab my audiobook Growing Wealth in Self Storage for FREE: https://www.selfstorageincome.com/free-audiobook Want to invest in storage without dealing with the day-to-day operations and management? Learn more about our syndication company Cedar Creek here: https://www.cedarcreekwealth.com/ | |||
| 187. Don’t OVERPAY for Self Storage | The Art of Valuation | 04 Jan 2023 | 00:31:18 | |
Valuation is a key step in buying a self storage facility. You need to know how much it costs, after all. Price is a measurement of value. But in commercial real estate, value is not determined only by the price. You also need to look at things like revenue, growth, expenditures, and operations. It’s not just a single line item. Not anymore. As an investor, what are those drivers that determine the total cost? As a seller, what factors in the market affect your property right now? That and more in this episode! Our partners: Live Oak Bank - liveoakbank.com/incomepodcast Tenant Inc. - https://www.tenantinc.com/ Janus International - https://www.janusintl.com/ Grab my audiobook Growing Wealth in Self Storage for FREE: https://www.selfstorageincome.com/free-audiobook Want to invest in storage without dealing with the day-to-day operations and management? Learn more about our syndication company Cedar Creek here: https://www.cedarcreekwealth.com/
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| 186. The Rise of the Self Storage Industry w/ Steve Mirabito | 21 Dec 2022 | 00:56:37 | |
Self Storage hasn’t always been the real estate class that we all know today. It’s one of the youngest and was originally developed under drastically different circumstances. Cities often approved storage to gain an income producing property that didn’t stress the infrastructure by adding more traffic or population. Understanding the key changes from how storage started and how it got to where it is today will shed some light into what exactly affects the demand, markets, and revenue. What makes it tick? Today, we’ve invited Steve Mirabito, President of StoragePRO, Inc and a board member of the world’s largest Self Storage Co-Op, Storelocal. He has been in the industry since the early days, and his experience in the industry is unmatched. We’ll be talking to him about what it was like when he first started out, and how the industry has shifted over the years. Find out more about Steve: https://www.storagepro.com/ Our partners: Live Oak Bank - liveoakbank.com/incomepodcast Tenant Inc. - https://www.tenantinc.com/ Janus International - https://www.janusintl.com/ Grab my audiobook Growing Wealth in Self Storage for FREE: https://www.selfstorageincome.com/free-audiobook Want to invest in storage without dealing with the day-to-day operations and management? Learn more about our syndication company Cedar Creek here: https://www.cedarcreekwealth.com/
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| 185. Buying your First Self Storage Facility: Do's and Don'ts w/ Ben Kall | 13 Dec 2022 | 01:16:52 | |
Starting out in Self Storage can seem scary and complicated. Even if you've studied the topic and the math, nothing beats experience in the industry and knowing what metrics to achieve and what pitfalls to avoid. Ben Kall is a real estate agent and broker out of Minnesota. He's dealt in multi-family, triple net lease (NNN), and now Self Storage. His first investment (outside his first home) was a $1.5 million facility. We've invited him on to share some of his experiences just starting out, what it's like,and what you need to know about acquiring your first facility! Check out Ben's company: https://www.mn-storage.com/ and https://www.waukeestorage.com/
Live Oak Bank - liveoakbank.com/incomepodcast Tenant Inc. - https://www.tenantinc.com/ Janus International - https://www.janusintl.com/ Want to invest in storage without dealing with the day-to-day operations and management? https://www.cedarcreekwealth.com/ | |||
| 184. Occupancy Down...but Revenue Up? | The Truth about Occupancy in Self Storage | 07 Dec 2022 | 00:43:41 | |
In the last 6 months, the Self Storage market has shifted. We've discussed this before, but in today's episode, AJ and Conner discuss how this affects occupancy and revenue. Namely, how can you increase your revenue despite the market conditions driving occupancy down? AJ and Conner are fresh off of an internal meeting where they reviewed a market he currently owns more square footage than the REITs in that area. So for this episode, he pulls information from his accounting and underwriting teams to break down the changes happening and what needs to be adjusted. Don't miss the market insights and updates! Check out our YouTube channel for more! https://www.youtube.com/@SelfStorageIncome/featured Our partners: Live Oak Bank - liveoakbank.com/incomepodcast Tenant Inc. - https://www.tenantinc.com/ Janus International - https://www.janusintl.com/ Grab my audiobook Growing Wealth in Self Storage for FREE: https://www.selfstorageincome.com/free-audiobook Want to invest in storage without dealing with the day-to-day operations and management? Learn more about our syndication company Cedar Creek here: https://www.cedarcreekwealth.com/ | |||
| 183. Nailing your First Self Storage Deal w/ Cameron Barsanti | 29 Nov 2022 | 00:53:27 | |
Starting out in Self Storage is no easy feat. We talk all the time about the finances and the underwriting and all the “prep work” that needs to be done before you attempt to acquire a facility. But now, you’ve done that, or maybe you aren’t in a position to wait any longer. You have to start looking for that first facility deal. In this episode, we hear from Cameron, who went from loads of debt and 0 facilities, to over $30 million property valuations in just 2 years. When I met him, he was enthusiastic about the industry, but still harbored the fear and the uncertainty that we all experience when investing. He started learning all about the industry (and even joined my Inner Circle mentorship group), and made the jump to buy that first deal. What exactly does it take to make that jump? To go all-in on that first deal? What factors do you need to consider, and what fears do you need to overcome? Don’t miss this amazing episode with Cameron! Follow him on Instagram @storagekillercam Our partners: Live Oak Bank - liveoakbank.com/incomepodcast Tenant Inc. - https://www.tenantinc.com/ Janus International - https://www.janusintl.com/ Grab my audiobook Growing Wealth in Self Storage for FREE: https://www.selfstorageincome.com/free-audiobook Want to invest in storage without dealing with the day-to-day operations and management? Learn more about our syndication company Cedar Creek here: https://www.cedarcreekwealth.com/ | |||
| 182. Investing with Others | Raising Capital with Syndications w/ Ryan Strub | 22 Nov 2022 | 00:42:27 | |
Raising capital today is more uncertain than ever. Funding deals for any real estate investment has more implications than it did just a year ago. Syndications have numerous pros and cons between the sponsors, the people putting the deals together, and the investor, the people bringing the capital to the deal, who are typically accredited investors. What if you aren’t accredited? Can you still invest without meeting the legal requirements? What is your
We tackle these pressing questions with Ryan Strub, the head of commercial investments at Crowdstreet, a company specializing in linking vetted sponsors with investors and coming together on commercial real estate deals - including self storage. With over 700 deals funded and $4 billion invested, Crowdstreet offers tremendous opportunity and choice for investors. Find out more about Ryan and Crowdstreet: https://www.crowdstreet.com/ Our partners: Live Oak Bank - liveoakbank.com/incomepodcast Tenant Inc. - https://www.tenantinc.com/ Janus International - https://www.janusintl.com/ Grab my audiobook Growing Wealth in Self Storage for FREE: https://www.selfstorageincome.com/free-audiobook Want to invest in storage without dealing with the day-to-day operations and management? Learn more about our syndication company Cedar Creek here: https://www.cedarcreekwealth.com/ | |||
| 181. The Beauty (& Horror) of Remote Management - Can you FULLY Automate a facility? w/ Terry Campbell | 16 Nov 2022 | 00:58:42 | |
One of the great benefits of a Self Storage facility is its low maintenance costs. Sometimes, it may be in an operator’s best interest to fully automate a facility by making it unmanned, which can help increase customer satisfaction through online systems, and cut down costs associated with staffing. However, it’s not as easy as it sounds. If a customer has questions, how would they reach someone? How do you handle payments? Defaults? If a facility is broken into, how would you know? And who do you call?
Find out more about Copper Storage Management here: https://copperstoragemanagement.com/ Sign up for our SSI community on facebook! https://www.selfstorageincome.com/ssi-community Join Copper Storage Management + Live Oak Bank for a discussion about self-storage remote 3rd-party management, financing and more! Mark your calendars for Nov. 17th at 2PM EST. Register now: https://us06web.zoom.us/meeting/register/tZ0tceGvrDsjHtKGAsfwMJfcgG2KKospDdyw Our partners: Live Oak Bank - liveoakbank.com/incomepodcast Tenant Inc. - https://www.tenantinc.com/ Janus International - https://www.janusintl.com/ Want to invest in storage without dealing with the day-to-day operations and management? Learn more about our syndication company Cedar Creek here: https://www.cedarcreekwealth.com/ Grab my audiobook Growing Wealth in Self Storage for FREE: https://www.selfstorageincome.com/free-audiobook | |||
| 180. Taking Advantage of Taxes in Self Storage | Leveraging Depreciation w/ Yonah Weiss | 09 Nov 2022 | 00:49:19 | |
Welcome back to Self Storage Income! Today we're answering some of our most asked questions about TAX. Specifically, how does self storage benefit from the US Tax Code? We've invited Yonah Weiss back on the podcast for this episode. He is a cost segregation expert and has saved millions of dollars in taxes for his investors. The last time he was on, we focused on his backstory and cost segregation specifically (you should check out episode #77 from Dec. 2020). But today, we talk with him specifically about accelerated depreciation - and how you can use it to write off the depreciation of your property in the FIRST YEAR, effectively saving a small fortune in property tax. Learn more about Yonah: https://www.yonahweiss.com/ NEW sign up for our SSI community on facebook! https://www.selfstorageincome.com/ssi-community Grab my audiobook Growing Wealth in Self Storage for FREE: https://www.selfstorageincome.com/free-audiobook Join Copper Storage Management + Live Oak Bank for a discussion about self-storage remote 3rd-party management, financing and more! Mark your calendars for Nov. 17th at 2PM EST. Register now: https://us06web.zoom.us/meeting/register/tZ0tceGvrDsjHtKGAsfwMJfcgG2KKospDdyw Our partners: Live Oak Bank - liveoakbank.com/incomepodcast Tenant Inc. - https://www.tenantinc.com/ Janus International - https://www.janusintl.com/ Want to invest in storage without dealing with the day-to-day operations and management? Learn more about our syndication company Cedar Creek here: https://www.cedarcreekwealth.com/
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| 179. Automating Storage Facilities using Tech w/ Hayden Buettner | 01 Nov 2022 | 00:53:54 | |
Self storage is known for its low maintenance costs and relatively low upkeep compared to other real estate types. However, offering certain features to customers, such as convenience, privacy, and improved customer service, can help you stand out amongst your competitors. Today, we're talking with Hayden Buettner from Janus international. They pioneered the NoKe automated locking system that we use on our facilities. We talk to him about how the advancement in technology, which used to be a competitive advantage, has more or less become a necessity. Additionally, how has NoKe improved our operations, and what's next for the future of Self Storage tech? Check out Janus - https://www.janusintl.com/ NEW sign up for our SSI community on facebook! https://www.selfstorageincome.com/ssi-community Grab my audiobook Growing Wealth in Self Storage for FREE: https://www.selfstorageincome.com/free-audiobook Join Copper Storage Management + Live Oak Bank for a discussion about self-storage remote 3rd-party management, financing and more! Mark your calendars for Nov. 17th at 2PM EST. Register now: https://us06web.zoom.us/meeting/register/tZ0tceGvrDsjHtKGAsfwMJfcgG2KKospDdyw Our partners: Live Oak Bank - liveoakbank.com/incomepodcast Tenant Inc. - https://www.tenantinc.com/ Want to invest in storage without dealing with the day-to-day operations and management? Learn more about our syndication company Cedar Creek here: https://www.cedarcreekwealth.com/
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| 286. 6 Ways to Optimize Your Storage Facility with AI (Pricing, Revenue, Support) | 10 Mar 2025 | 00:40:56 | |
Can you use AI to run a self storage facility? Yes, and it can do it better than you can. Don’t worry; AI (artificial intelligence) won’t take your checks and put them into its artificial bank account. You’ll still keep all the profits. But, thanks to massive leaps in technology, you can use AI to streamline and optimize almost every part of your self storage business, from customer support to revenue management, drafting lease agreements, and even underwriting deals for you! Today we’re sharing how we’re using AI in 2025 to boost our self storage profits, reduce our team’s busy work, and find opportunities for us. We’ll walk through the six ways AI can help any storage operator, whether they’re a large or small investor. We’re talking about operations, marketing, revenue management, customer retention, business strategy, and legal and compliance. If you’ve got a couple of storage facilities and you’re running them by yourself, these integrations can help cut your workload in half so you have more time to focus on building your portfolio. For larger operators, we’ve seen these additions massively trim the busy work (and costs that come with it) we’re used to dealing with daily. AI is a game-changer IF you use it the right way. Good news: we’re explaining exactly how to do that. What you’ll learn in today’s show:
— Self Storage Income Newsletter - https://www.selfstorageincome.com/ | |||
| 178. Understanding Market Demand & Navigating Risk in an Uncertain Economy | 26 Oct 2022 | 00:40:57 | |
Storage is incredibly localized. Generally, these 3-5 mile zones are what is considered a standard market radius. This means that storage can perform amazingly even when the economy is hurting. But the opposite is true: the market can be doing great and your facility could be failing. How you execute and react to changing market conditions matter more and more. The market is no longer in the place where being in the market automatically yielded high returns. Consumers and investors are both feeling the pressure from economic conditions, and every decision has more of an effect today and it did just two years ago. In this episode, we discuss some of the criteria of how we look at facility markets and how to truly understand the effects of supply and demand, even in a localized area. But not only that, we also discuss the potential benefits and consequences that arise from an unstable or unpredictable market. Grab my audiobook Growing Wealth in Self Storage for FREE: https://www.selfstorageincome.com/free-audiobook Our partners: Janus International - https://www.janusintl.com/ Live Oak Bank - liveoakbank.com/incomepodcast Tenant Inc. - https://www.tenantinc.com/ Want to invest in storage without dealing with the day-to-day operations and management? Learn more about our syndication company Cedar Creek here: https://www.cedarcreekwealth.com/
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| 177. How to Land Your Next Deal, Seller Financing, & Red Flags | 18 Oct 2022 | 00:41:35 | |
The deals are coming back, but the economy is shifting rapidly. How do you find and land a self storage deal during a time of uncertainty? The ability to execute and find good deals is coming back (we discussed this in the last episode). Now is the time to buy. And buyers and sellers are both facing massive industry changes in deal flow. Deal flow is increasing, and this affects prices, margin, contracts, and how brokers approach closing these deals. We're taking you through the experience of a few of our past deals and some of the big red flags we see. What makes a GOOD deal and what should you avoid? Find out in this episode of Self Storage Income. Our guide for what to do on Closing Day: https://youtu.be/UBaqhaKfNug Thread on financing: https://twitter.com/ajosborne1/status/1581670937723695104?s=46&t=mHsxTpKT6O4qr_ttvUmlFA Grab my audiobook Growing Wealth in Self Storage for FREE: https://www.selfstorageincome.com/free-audiobook Our partners: Janus International - https://www.janusintl.com/ Live Oak Bank - liveoakbank.com/incomepodcast Tenant Inc. - https://www.tenantinc.com/ Want to invest in storage without dealing with the day-to-day operations and management? Learn more about our syndication company Cedar Creek here: | |||
| 176. Interest Rates Soar - Now is the Time to Buy | 11 Oct 2022 | 00:36:18 | |
As the economy continues to decline: is now a good time to buy self storage deals? What happens when the government "protects" people and business from the effects of an economic contraction (or an all-out shutdown)? The Federal Reserve raised rates AGAIN and they are scheduled to continue to raise rates until inflation is halted or reduced back to a normal level. THIS is the time to buy. Grab my audiobook Growing Wealth in Self Storage for FREE: https://www.selfstorageincome.com/free-audiobook Our partners: Janus International - https://www.janusintl.com/ Live Oak Bank - liveoakbank.com/incomepodcast Tenant Inc. - https://www.tenantinc.com/ Want to invest in storage without dealing with the day-to-day operations and management? Learn more about our syndication company Cedar Creek here: | |||
| 175. Starting Out with Small Facilities - The Changing Industry w/ Jeremiah Boucher | 04 Oct 2022 | 01:05:31 | |
Starting out in Self Storage is no easy feat. And one of the biggest factors to consider is, which market do I want to be in? And will that market be profitable with the size of facility I'm looking at? With the Fed hiking interest rates to fight high inflation, the market is changing at an incredible rate. Buying a facility is no longer the "guaranteed" return on investment it has been in recent years. What are the large REITs doing in response to the changes? In this episode, we invited Jeremiah Boucher to talk about smaller facilities in the current market, specifically in sub-prime markets. He flew all the way out to Couer D' Alene, Idaho, where we held our Self Storage Income Live Event, and recorded this podcast with us live on stage! He is a returning guest, but for those of you who don't know, Jeremiah is a value investor who specializes in the acquisition and development of alternative commercial real estate assets. He learned the real estate business from the ground up and currently owns and operates Patriot Holdings, a $300M-plus portfolio of high-performing commercial properties. Jeremiah brings a lot of value and interesting discussion to this episode. You don't want to miss this one! You can find out about Jeremiah's company here: https://www.patriotholdings.com Be sure to leave us a review on Apple podcasts. It only takes a second and really helps us out! My best-selling book on Growing Wealth with Self Storage is now available in audiobook format! Pick it up for free here: https://www.selfstorageincome.com/free-audiobook Our partners: Forge Building Company - https://forgebuildings.com/podcast Janus International - https://www.janusintl.com/ Live Oak Bank - liveoakbank.com/incomepodcast Tenant Inc. - https://www.tenantinc.com/ Want to invest in storage without dealing with the day-to-day operations and management? Learn more about our syndication company Cedar Creek here: | |||
| 174. Raising Money from INVESTORS - Set Expectations & Limit Risk w/ Caley Acevez | 27 Sep 2022 | 01:20:42 | |
Putting money into an investment deal can seem daunting - for both the investor and the sponsor. Funding a deal with private equity from investors can be extremely powerful, but it matters what happens to their money! It matters how contracts, problems, and returns are communicated and structured. In this episode, we get to hear from Caley Acevez, who is the Director of Investor Relations here at Cedar Creek Capital. Caley's been with us since the beginning of AJ accepting investors to work with him. She has brought so much value in the form of overseeing capital raises, helping mitigate risk, administering contracts, and more. Don't miss this incredible episode! Thanks for tuning in. Exclusive to SSI listeners, Forge Building Company is offering a FREE consultation and Complimentary Site Layout to jumpstart your development project. Find out more: https://forgebuildings.com/podcast Remember to SUBSCRIBE for our upcoming episodes - we have a roster of all-star guests you won't want to miss! Be sure to check out our partners: Janus International - https://www.janusintl.com/ Live Oak Bank - liveoakbank.com/incomepodcast Tenant Inc. - https://www.tenantinc.com/ Want to invest in storage without dealing with the day-to-day operations and management? Learn more about our syndication company Cedar Creek here: https://www.cedarcreekwealth.com/
Want to pick up my best-selling book for free? You got it - just head over to the Self Storage Income website and download your free copy here: https://selfstorageincome.com/ | |||
| 173. How Financing has Changed in Self Storage w/ Anna Taylor | 20 Sep 2022 | 00:50:44 | |
Welcome back my fellow self storage investing nerds! (yes I meant every word of that lol). This is your host, AJ Osborne and man do I have an episode lined up for you guys today… Money. Investing requires money, and a lot of it. That’s honestly probably one of the most common questions I get – how do I get the money, find the money, or raise the money enough to be able to invest in self storage? Everyone wants to know where the money comes from and how that piece of the puzzle fits in the process of buying and investing in a commercial property. This said, I want to give a huge welcome to an amazing guest – Anna Taylor. Anna is the Head of Self-Storage Lending at Live Oak Bank and she is an absolute self storage lending expert. In this episode we talk all things self storage funding and financing, we talk market trends and she gives the latest and greatest update on what she’s currently seeing – not only that, she brought a crystal ball and told us exactly what was going to happen in the next 2 years in the self storage and lending industry… Just kidding guys, but wouldn’t that be great!? All said and done, by the end of this episode you’re going to have an immense understanding of the lending process, general guidelines and things to look out for, and will have the tools necessary to help you effectively close on a self storage investment. Be sure to reach out to Anna and Live Oak here: https://liveoakbank.com/incomepodcast Thanks everybody! Exclusive to SSI listeners, Forge is offering a FREE consultation and Complimentary Site Layout to jumpstart your development project. Find out more: https://forgebuildings.com/podcast Remember to SUBSCRIBE for our upcoming episodes - we have a roster of all-star guests you won't want to miss! Be sure to check out our partners: Janus International - https://www.janusintl.com/ Tenant Inc. - https://www.tenantinc.com/ Want to invest in storage without dealing with the day-to-day operations and management? Learn more about our syndication company Cedar Creek here: https://www.cedarcreekwealth.com/ Want to pick up my best-selling book for free? You got it - just head over to the Self Storage Income website and download your free copy here: https://selfstorageincome.com/ | |||
| 172. Capturing Leads for Self Storage Deals | Acquiring Facilities w/ Brian Mullally | 14 Sep 2022 | 00:54:26 | |
Finding a good self storage deal is not as simple as calling up an owner and pitching a price. What does it involve? Brian Mullally is the VP of Acquisitions for Cedar Creek. He's found and helped us acquired numerous deals back from when we first started building our processes, to now, when we are constantly raising capital for deals rolling in. In this episode, he talks with us on his experiences in the game and some of the common downfalls to avoid. You'll want to stick around for an inside look inside our acquisitions process in this episode! We also have a video following up on due diligence and common mistakes. Check it out: https://youtu.be/fRZQMwl161E Exclusive to SSI listeners, Forge is offering a FREE consultation and Complimentary Site Layout to jumpstart your development project. Find out more: https://forgebuildings.com/podcast Remember to SUBSCRIBE for our upcoming episodes - we have a roster of all-star guests you won't want to miss! Be sure to check out our partners: Janus International - https://www.janusintl.com/ Live Oak Bank - liveoakbank.com/incomepodcast Tenant Inc. - https://www.tenantinc.com/ Want to invest in storage without dealing with the day-to-day operations and management? Learn more about our syndication company Cedar Creek here: https://www.cedarcreekwealth.com/
Want to pick up my best-selling book for free? You got it - just head over to the Self Storage Income website and download your free copy here: https://selfstorageincome.com/ | |||
| 171. Building Costs & Market Conditions | What You Need to Know w/ Hamish & Melissa | 06 Sep 2022 | 01:15:57 | |
Building a storage facility requires an in-depth look into the rapidly changing economic market. We get asked all the time - is it a good time to buy? Is this a good place to build? Inflation is rising, should I reconsider my projects? In this episode, we're bringing in Melissa Anderson & Hamish Bell from Forge Building Company. You’d be hard pressed to find anyone in the self storage industry with as much building and storage development experience. They monitor and keep a close pulse on the Self Storage industry because they have been doing it for well over a decade, with hundreds of facilities built. If anyone understands what's going on in the market, it's them! In fact, Forge has helped us build many of our storage facilities in all types of different markets, and have saved us literally hundreds of thousands of dollars on ONE deal alone. You'll want to stick around for all the juicy insights in this episode! Exclusive to SSI listeners, Forge is offering a FREE consultation and Complimentary Site Layout to jumpstart your development project. Find out more: https://forgebuildings.com/podcast Remember to SUBSCRIBE for our upcoming episodes - we have a roster of all-star guests you won't want to miss! Be sure to check out our partners: Janus International - https://www.janusintl.com/ Live Oak Bank - liveoakbank.com/incomepodcast Tenant Inc. - https://www.tenantinc.com/ Want to invest in storage without dealing with the day-to-day operations and management? Learn more about our syndication company Cedar Creek Wealth here: https://www.cedarcreekwealth.com/ Investing in real estate is like climbing a mountain, depending on where you are on your journey, you need a different set of tools and resources so you can grow. That's why we created The Circle - the go-to real estate investment community to help people grow and scale in real estate. Find out more here: Want to pick up my best-selling book for free? You got it - just head over to the Self Storage Income website and download your free copy here: https://selfstorageincome.com/
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| 170. How to Raise Capital & Start Funds for Real Estate or Private Equity w/ Bridger Pennington | 31 Aug 2022 | 01:05:14 | |
Raising money for real estate deals can seem overly complex. It's not easy to raise hundreds of thousands - even millions - of dollars for your investment or private equity deal. When it comes to raising capital, there's many ways to do it. There are private equity funds, hedgefunds, syndications, and more. How do you know what to use, and, more importantly, how to use them? So we're inviting Bridger Pennington, the cofounder of Fund Launch and the host of the Investment Funds Secrets podcast. Check out his website: https://www.fundlaunch.com/
Exclusive to SSI listeners, Forge Building Company is offering a FREE consultation and Complimentary Site Layout. They are AJ’s go-to building contractor for all things self-storage, who has saved us literally hundreds of thousands of dollars on one deal alone. Find out more: https://forgebuildings.com/podcast
Be sure to check out our partners! Janus International - https://www.janusintl.com/ Live Oak Bank - liveoakbank.com/incomepodcast Tenant Inc. - https://www.tenantinc.com/ Want to invest in storage without dealing with the day-to-day operations and management? Learn more about our syndication company Cedar Creek Wealth here: https://www.cedarcreekwealth.com/ Investing in real estate is like climbing a mountain, depending on where you are on your journey, you need a different set of tools and resources so you can grow. That's why we created The Circle - the go-to real estate investment community to help people grow and scale in real estate. Find out more here: Want to pick up my best-selling book for free? You got it - just head over to the Self Storage Income website and download your free copy here: https://selfstorageincome.com/
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| 169. Starting out in Self Storage - Lessons & Pitfalls w/ Braedon Haertling | 23 Aug 2022 | 00:57:44 | |
Things change at an incredible pace. The economy, interest rates, inflation...how do you compensate for such a volatile financial environment? We always talk about passive income and how it can help you achieve financial freedom, but a common mistake made is trying to predict the future based on the past. Associating the cost of a current investment with the value of a prospective one is not only risky, but it's also dangerous. With today's guest, Braedon Haertling, we discuss how Storage is affected by environmental factors and how he was able to overcome a void in his other ventures by starting out in Self Storage. He is incredibly busy during his years in school studying to become a physician's assistant, but he never gave up on his desire to be in real estate. He eventually pivoted to commercial and storage, and we're glad to have him on in this episode to discuss what he learned and his experience starting out. Find Braedon on TikTok: https://www.tiktok.com/@thestoragemat
The Self Storage Income Podcast is Sponsored by: Forge Building Company. Forge is AJ’s go-to building contractor for all things self-storage. In AJ's words "Forge has saved us literally hundreds of thousands of dollars on one deal alone" Exclusive to SSI listeners, Forge is offering a FREE consultation and Complimentary Site Layout. Get in touch with Forge here: - https://forgebuildings.com/podcast
The Self Storage Income Podcast is also sponsored by: Janus International - https://www.janusintl.com/ Live Oak Bank - liveoakbank.com/incomepodcast Tenant Inc. - https://www.tenantinc.com/ Want to invest in storage without dealing with the day-to-day operations and management? Learn more about our syndication company Cedar Creek Wealth here: https://www.cedarcreekwealth.com/ Investing in real estate is like climbing a mountain, depending on where you are on your journey, you need a different set of tools and resources so you can grow. That's why we created The Circle - the go-to real estate investment community to help people grow and scale in real estate. Find out more here: Want to pick up my best-selling book for free? You got it - just head over to the Self Storage Income website and download your free copy here: https://selfstorageincome.com/ | |||
| 285. How RV Rentals Can Boost Your Storage Revenue in 2025 w/Garr Russell & Mark Beasley | 25 Feb 2025 | 00:35:14 | |
Get my FREE self storage starter pack to learn how to analyze, underwrite, and operate your next storage investment: https://www.selfstorageincome.com/start-podcast What’s one of the best ways to make more money with your current storage facility? You’ve probably already considered tenant protection insurance, selling moving supplies, or building more units to boost your income, but what about hosting RV rentals? RV self storage isn’t new, and many storage owners have already caught onto the fact that RV and boat parking can bring in considerable revenue without building more units. But what if, like U-Haul trucks, you become the operator for RV rentals all from your storage facility? Garr Russell and Mark Beasley from Fireside RV Rental are making this income stream dream a reality for self storage owners all across the country. As a self storage owner, you can get a cut of the revenue by providing parking and pickup space for RV owners renting out their vehicles. If you’ve got parking and an operator who can handle on-site rentals, you might have everything you need to increase your facility’s income. So, how does it work? Which storage facilities can get in on it? And is it worth the small amount of effort? Garr and Mark walk through the entire process and why this may be the ultimate win-win-win for storage operators, RV owners, and RV renters, resulting in more money from the same self storage facility!
What you’ll learn in today’s show:
— Fireside RV Rental: https://firesidervrental.com/ | |||
| 168. "Storage is Easy"? Wrong! Development Mistakes & Challenges w/ Ryan Lorenzini (Part 2) | 16 Aug 2022 | 00:44:33 | |
Developing a self storage facility is no easy feat. What are some of the factors to consider and mistakes to avoid? I'm not talking about making typos in a text message, I'm talking about mistakes that could cost you thousands (if not hundreds of thousands) of dollars in your next development. We're continuing our conversation with Ryan Lorenzini in this episode. This is part 2 of 2 of this series. I'd check out the previous episode first if you haven't already! Ryan is the Director of The Claremont Companies, who specialize in real estate developments and has been building Self Storage for the last 10 years. Check it out: https://www.claremontco.com The Self Storage Income Podcast is Sponsored by: Forge Building Company. Forge is our go-to building contractor for all things self-storage. In AJ's words "Forge has saved us literally hundreds of thousands of dollars on one deal alone through their ability to value-engineer, improving our facility at the same time." Exclusive to SSI listeners, Forge is offering a FREE consultation and Complimentary Site Layout. Get in touch with Forge here: - https://forgebuildings.com/podcast
The Self Storage Income Podcast is also sponsored by: Janus International - https://www.janusintl.com/ Live Oak Bank - liveoakbank.com/incomepodcast Tenant Inc. - https://www.tenantinc.com/ Want to invest in storage without dealing with the day-to-day operations and management? Learn more about our syndication company Cedar Creek Wealth here: https://www.cedarcreekwealth.com/ Investing in real estate is like climbing a mountain, depending on where you are on your journey, you need a different set of tools and resources so you can grow. That's why we created The Circle - the go-to real estate investment community to help people grow and scale in real estate. Find out more here: Want to pick up my best-selling book for free? You got it - just head over to the Self Storage Income website and download your free copy here: https://selfstorageincome.com/ | |||
| 167. Building & Developing A Self Storage Facility w/ Ryan Lorenzini (Part 1) | 09 Aug 2022 | 00:46:17 | |
As you know, we’ve had some pretty incredible guests here on Self Storage Income, but I have to be honest here… I’m extra excited for our guest today. Meet my friend and fellow self storage investor Ryan Lorenzini. Ryan is also the Director of The Claremont Companies. Ryan became familiar with property development initially through home building. Fast forward to today and The Claremont Companies develop and operate a number real estate asset classes including self storage. He’s an absolute wealth of knowledge when it comes to property development and market analysis when looking at the viability of a self storage project. This being said, we of course talk a lot on the podcast today about self storage development. In fact, this episode is part 1 of 2 of this discussion. Stayed tuned for the second part, where we follow up on a lot of the ideas introduced in this one. Self storage development questions easily rank in the top three questions I get consistently. So many people have land or even have a storage facility with expansion potential, or are even looking to go full fledged self storage developer. All said and done, the questions are the same - everyone wants to know whether to buy or to build, people want to know how much it costs to develop, and everyone wants concrete answers when it comes to potential development projects. We’ll today, we touch on every single one of these talking points and Ryan shares his years of experience and insight to help add clarity to the ever complex process of development. As you’ve heard me mention, the opportunity for self storage development is huge right now - the key? Doing it right! Tune in, take note, and you’ll be well on your way to better understanding the self storage development process. Be sure to check out Ryan’s company and keep up with all the great work him and his team are doing on their website: https://www.claremontco.com The Self Storage Income Podcast is Sponsored by: Forge Building Company. Forge is our go-to building contractor for all things self-storage. In AJ's words "Forge has saved us literally hundreds of thousands of dollars on one deal alone through their ability to value-engineer, improving our facility at the same time." Exclusive to SSI listeners, Forge is offering a FREE consultation and Complimentary Site Layout. Get in touch with Forge here: - https://forgebuildings.com/podcast
The Self Storage Income Podcast is also sponsored by: Janus International - https://www.janusintl.com/ Live Oak Bank - liveoakbank.com/incomepodcast Tenant Inc. - https://www.tenantinc.com/ Want to invest in storage without dealing with the day-to-day operations and management? Learn more about our syndication company Cedar Creek Wealth here: https://www.cedarcreekwealth.com/ Investing in real estate is like climbing a mountain, depending on where you are on your journey, you need a different set of tools and resources so you can grow. That's why we created The Circle - the go-to real estate investment community to help people grow and scale in real estate. Find out more here: Want to pick up my best-selling book for free? You got it - just head over to the Self Storage Income website and download your free copy here: https://selfstorageincome.com/ | |||
| 166. Now is the Time to Make Millions: How We Leverage Recessions | 01 Aug 2022 | 00:27:42 | |
Welcome back to the Self Storage Income podcast! The current level of inflation is out of control. With the Fed desperately trying to hedge against it by raising interest, we might be headed into, if not already in, another recession. As we mentioned in last week’s episode, the market is shifting, and capital is getting more expensive. Consumer sentiments are changing as people become more frugal and increase savings. But then why did we just buy 23 facilities? All at once?? How is that even possible? Let’s talk about it in this week’s episode. You might have noticed that we’re adding a new segment to our podcast: Comment of the Week! This is where we read one of YOUR comments posted on our social platforms – like YouTube, Instagram, Twitter, etc. – or a review from this podcast on iTunes, Spotify, or Stitcher. As much as we love sharing our knowledge and our success stories, we also love hearing the stories and feedback from you, so we’re sharing them here on the podcast. Thanks for your support!
---- WE’RE HIRING - if you think you’d be a great fit for the Cedar Creek Team, contact me here: https://www.selfstorageincome.com/contact The Self Storage Income Podcast is Sponsored by: Forge Building Company. Forge is our go-to building contractor for all things self-storage. In AJ's words "Forge has saved us literally hundreds of thousands of dollars on one deal alone through their ability to value engineer, improving our facility at the same time." Exclusive to SSI listeners, Forge is offering a FREE consultation and Complimentary Site Layout. Get in touch with Forge here: - https://forgebuildings.com/podcast
The Self Storage Income Podcast is also sponsored by: Janus International - https://www.janusintl.com/ Live Oak Bank - liveoakbank.com/incomepodcast Tenant Inc. - https://www.tenantinc.com/
Want to invest in storage without dealing with the day-to-day operations and management? Learn more about our syndication company Cedar Creek Wealth here: https://www.cedarcreekwealth.com/ Investing in real estate is like climbing a mountain, depending on where you are on your journey, you need a different set of tools and resources so you can grow. That's why we created The Circle - the go-to real estate investment community to help people grow and scale in real estate. Find out more here: Want to pick up my best-selling book for free? You got it - just head over to the Self Storage Income website and download your free copy here: https://selfstorageincome.com/
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| The Shifting Self Storage Market - Opportunities & Risks I’m Looking at Today | 26 Jul 2022 | 00:38:17 | |
Welcome back everybody to the Self Storage Income Podcast!
We recently did a podcast titled - 'The Deals Are Coming Back'... if you haven't listened to that episode, you should. It complements this episode we have lined up for you today.
The self storage and real estate market as a whole is shifting. But before you lose your mind thinking things are going to "crash" (I don't believe they are), hear me out - there's going to be more buying opportunity in the next couple of years in self storage than there possibly ever has been. This is super exciting. But it's not all sunshine and rainbows.
Yes there are, and will continue to be incredible self storage investing opportunities - however, this does not come without risk. That's why today I wanted to share with you all the incredible self storage investing opportunities that I see coming down the line. And of course, I want to share with you all the risks and pitfalls that I'm looking at and paying attention to as well. The reality is - no one knows exactly what is going to happen and as Jocko Willink would say, "The enemy always gets a vote.", Meaning there will always be risks to mitigate and manage.
Outside of this, we talk about the ebbs and flows of the overall economy and the markets and what I'm doing to plan for the long term. Self Storage Investing isn't slowing down any time soon and neither am I! Now let's go get some deals!
Thanks everybody, AJ
WE’RE HIRING - if you think you’d be a great fit for the Cedar Creek Team, contact me here: https://www.selfstorageincome.com/contact
Invest with Cedar Creek: https://cedarcreekwealth.investnext.com/portal/capital_raise/358/
Success doesn’t happen on an island, which is why I’ve launched the CRE Circle. Build your community, your resources, and your commercial real estate investing opportunities. That first or even next deal could be right around the corner. You can learn more about the CRE Circle and sign up here:
Want to pick up my best selling book for free? You got it - just head over to the Self Storage Income website and download your free copy here: https://selfstorageincome.com/
Be sure to go to Selfstorageincome.com to get your free copy of my Self Storage Playbook. This step by step playbook walks you through from start to finish - how to identify a self storage market, how to perform due diligence, how to contact a current owner, and ultimately how to land a deal and purchase a storage facility.
You can also find the Self Storage Income Podcast on:
The Self Storage Income Podcast is Sponsored by: Forge Building Company - https://forgebuildings.com/podcast Janus International - https://www.janusintl.com/ Live Oak Bank - liveoakbank.com/incomepodcast Tenant Inc. - https://www.tenantinc.com/ Cedar Creek Wealth: https://cedarcreekwealth.com/ | |||
| Improving efficiency with AI - Can Machine Learning Automate your Self Storage business? | 19 Jul 2022 | 00:36:06 | |
Software is one of the things that the Self Storage industry desperately needs. From automating simple operations like entry gates to helping address customer issues in a quick, efficient, and contactless way. I know, "AI" and "Machine Learning" and the like are basically buzzwords at this point. But actually applying them in a meaningful way that makes a difference in your business is what really matters.
Today we are discussing the possibilities with AI and system automations with co-founders Mason Levy and Rodolfo Ramirez from Swivl.ai. They integrate technologies similar to Siri and Alexa with websites and point-of-contact systems within Self Storage.
What can a software program like this do for you? It can help keep track of inventory, customer service, gate code assistance, bill pay, and much more. The goal is to improve efficiency and time spent by both customers and employees. You are able to serve customers quicker with less repetition and downtime. You can reallocate your employee's time to really maximize that efficiency in a variety of different areas.
You can find out more about the Swivl AI at https://tryswivl.com
---- WE’RE HIRING - if you think you’d be a great fit for the Cedar Creek Team, contact me here: https://www.selfstorageincome.com/contact
The Self Storage Income Podcast is Sponsored by: Forge Building Company. Forge is our go-to building contractor for all things self-storage. In AJ's words "Forge has saved us literally hundreds of thousands of dollars on one deal alone through their ability to value engineer, improving our facility at the same time." Exclusive to SSI listeners, Forge is offering a FREE consultation and Complimentary Site Layout. Get in touch with Forge here: - https://forgebuildings.com/podcast
The Self Storage Income Podcast is also sponsored by: Janus International - https://www.janusintl.com/ Live Oak Bank - liveoakbank.com/incomepodcast Tenant Inc. - https://www.tenantinc.com/
Want to invest in storage without dealing with the day-to-day operations and management? Learn more about our syndication company Cedar Creek Wealth here: https://www.cedarcreekwealth.com/ Investing in real estate is like climbing a mountain, depending on where you are on your journey, you need a different set of tools and resources so you can grow. That's why we created The Circle - the go-to real estate investment community to help people grow and scale in real estate. Find out more here: Want to pick up my best-selling book for free? You got it - just head over to the Self Storage Income website and download your free copy here: https://selfstorageincome.com/
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| No Money? No Problem! | How to Invest in Self Storage with Little to No Money | 12 Jul 2022 | 00:47:42 | |
As you could imagine, I get a ton of questions about all things self storage investing (just look at the comments section on my YouTube channel lol), but one question I get a ton is how much money do I need to invest in self storage? And how do I get money to invest in self storage?
Like so many others, most of us just don’t have an extra million dollars or several million dollars just sitting around waiting to be invested. And you clearly can’t invest without capital. I’m going to let you in on a little secret - NO ONE has enough money on their own to invest and grow a company as quickly and effectively as those raising capital. You simply cannot scale quickly enough on your own.
Why do you think these large private equity companies do capital raises? Why do you think companies go public?
But raising money or bringing in partners isn’t the only way to close great self storage deals. You can also seller finance.
The fact is, you can invest in self storage without a dollar of your own money. Quit focusing on the sale price and the money - focus on finding a great deal and then build the deal with partners, with conventional financing, or through creative financing such as seller financing.
We take a deep dive in today’s episode to talk all things financing to help get you off on the right track to building your own amazing self storage deal. WE’RE HIRING - if you think you’d be a great fit for the Cedar Creek Team, contact me here: https://www.selfstorageincome.com/contact
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The Self Storage Income Podcast is Sponsored by: Forge Building Company. Forge is our go-to building contractor for all things self-storage. In AJ's words "Forge has saved us literally hundreds of thousands of dollars on one deal alone through their ability to value engineer, improving our facility at the same time." Exclusive to SSI listeners, Forge is offering a FREE consultation and Complimentary Site Layout. Get in touch with Forge here: - https://forgebuildings.com/podcast
The Self Storage Income Podcast is also sponsored by: Janus International - https://www.janusintl.com/ Live Oak Bank - liveoakbank.com/incomepodcast Tenant Inc. - https://www.tenantinc.com/
Want to invest in storage without dealing with the day-to-day operations and management? Learn more about our syndication company Cedar Creek Wealth here: https://www.cedarcreekwealth.com/ Investing in real estate is like climbing a mountain, depending on where you are on your journey, you need a different set of tools and resources so you can grow. That's why we created The Circle - the go-to real estate investment community to help people grow and scale in real estate. Find out more here: Want to pick up my best-selling book for free? You got it - just head over to the Self Storage Income website and download your free copy here: https://selfstorageincome.com/
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| Self Storage Deals are Coming BACK | How to Prepare | 08 Jul 2022 | 00:52:25 | |
Welcome back everyone to the Self Storage Income Podcast where we talk all things self storage investing! This is your host, AJ Osborne!
It’s been a crazy moment the past few years for the self storage industry. Valuations were through the roof, there was crazy stupid money being thrown every which way into deals that would never pencil in reality, billions have been invested into the industry by major institutions, the list goes on and on. However, this is all about to change, and it’s already happening.
Deals are falling out of contract, capital is beginning to retreat slightly, values are on their way to returning to some kind of normalcy again, and competition in acquisition is declining, all great things for the self storage industry. But what does this mean for you as a self storage investor?
This means - you better be ready for all the great deals coming down the pipeline. You better have your team and your resources ready to find, secure, and close on self storage deals. You’ll find in the coming months that deals will be easier and easier to come across and sellers will be much more willing to work with you.
We cover all these aspects in todays podcast and share some ways that you too can prepare and ready yourself to be able to capitalize on the amazing opportunity that’s right around the corner (not to say there isn’t great opportunity right now).
Tune in, take note, and get ready to invest in some self storage deals!
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The Self Storage Income Podcast is Sponsored by: Forge Building Company. Forge is our go-to building contractor for all things self-storage. In AJ's words "Forge has saved us literally hundreds of thousands of dollars on one deal alone through their ability to value engineer, improving our facility at the same time." Exclusive to SSI listeners, Forge is offering a FREE consultation and Complimentary Site Layout. Get in touch with Forge here: - https://forgebuildings.com/podcast
The Self Storage Income Podcast is also sponsored by: Janus International - https://www.janusintl.com/ Live Oak Bank - liveoakbank.com/incomepodcast Tenant Inc. - https://www.tenantinc.com/
Want to invest in storage without dealing with the day-to-day operations and management? Learn more about our syndication company Cedar Creek Wealth here: https://www.cedarcreekwealth.com/ Investing in real estate is like climbing a mountain, depending on where you are on your journey, you need a different set of tools and resources so you can grow. That's why we created The Circle - the go-to real estate investment community to help people grow and scale in real estate. Find out more here: Want to pick up my best-selling book for free? You got it - just head over to the Self Storage Income website and download your free copy here: https://selfstorageincome.com/ | |||
| How to Get Started & How to Build Self Storage Investing Momentum with Tiffannee Boss | 06 Jul 2022 | 01:09:16 | |
Welcome back everybody to the Self Storage Income Podcast! This is your host AJ Osborne!
We’ve got a special guest episode lined up for you all today that I couldn’t be more happy to share with you. Give a huge welcome to the self storage boss herself, Tiffannee Boss.
Tiffannee started off in the real estate investment journey like a lot of us. She was reading the real estate books and listening to real estate podcasts, and figured she would start off investing in multi-family. This suddenly changed one day when she heard yours truly on the Bigger Pockets podcast talking about the incredible opportunity of self storage investing.
From that day on, she’s been laser focused on self storage and she’s been absolutely crushing it. She’s invested passively, partnered with others on deals, and recently took down a deal solo.
That said, she is an absolute wealth of knowledge for any of you who are just getting started on your self storage investing journey, and this is a podcast you won’t want to miss.
She shares her entire story from start to finish - how she’s built key relationships with lenders, owners, and partners, how she found her first deal, and the keys to success that she’s used to build her investing momentum. These are the same keys we use in my business even today, and these are the same tools that you too can use to build your self storage portfolio.
Keep in touch with Tiffannee:
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The Self Storage Income Podcast is Sponsored by: Forge Building Company. Forge is our go-to building contractor for all things self-storage. In AJ's words "Forge has saved us literally hundreds of thousands of dollars on one deal alone through their ability to value engineer, improving our facility at the same time." Exclusive to SSI listeners, Forge is offering a FREE consultation and Complimentary Site Layout. Get in touch with Forge here: - https://forgebuildings.com/podcast
The Self Storage Income Podcast is also sponsored by: Janus International - https://www.janusintl.com/ Live Oak Bank - liveoakbank.com/incomepodcast Tenant Inc. - https://www.tenantinc.com/
Want to invest in storage without dealing with the day-to-day operations and management? Learn more about our syndication company Cedar Creek Wealth here: https://www.cedarcreekwealth.com/ Investing in real estate is like climbing a mountain, depending on where you are on your journey, you need a different set of tools and resources so you can grow. That's why we created The Circle - the go-to real estate investment community to help people grow and scale in real estate. Find out more here: Want to pick up my best-selling book for free? You got it - just head over to the Self Storage Income website and download your free copy here: https://selfstorageincome.com/ | |||
| Self Storage Investing Today & the Metrics You Need w/ Cory Sylvester | 06 Jul 2022 | 00:52:56 | |
Welcome back everybody to the Self Storage Income Podcast! This is your host AJ Osborne!
As you might know, we get some pretty phenomenal guests here on the podcast who are experts in self storage investing, managing, and all things self storage honestly. But today is a special guest episode with a good friend of mine who just might have some of the most valuable and actionable insights into the self storage market that you can find.
It’s my pleasure to welcome back Cory Sylvester, principle of DXD Capital and one of the founders and creators of the widely used and popular Radius+ self storage market analysis platform.
Needless to say, Cory has an incredible amount of data at his finger tips and is one of the most well informed individuals on the planet in regards to self storage markets everywhere. That said, this is exactly what we’re going to dive into on today’s podcast.
We talk markets, the impact of interest rates and macro level metrics, developments versus acquisitions, and he even shares the economic metrics that he’s paying the closest attention to. As you all know, we’re in uncharted waters here when looking at the macro level economy. We need to be prepared for the unexpected, the worst case scenario, and we need to be able to thrive at the same time - the invaluable information that Corey shares in this episode will help you achieve that.
Check out DXD Capital at: https://dxd.capital/
And give yourself the advantage with Radius+ here: https://www.radiusplus.com/
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The Self Storage Income Podcast is Sponsored by: Forge Building Company. Forge is our go-to building contractor for all things self-storage. In AJ's words "Forge has saved us literally hundreds of thousands of dollars on one deal alone through their ability to value engineer, improving our facility at the same time." Exclusive to SSI listeners, Forge is offering a FREE consultation and Complimentary Site Layout. Get in touch with Forge here: - https://forgebuildings.com/podcast
The Self Storage Income Podcast is also sponsored by: Janus International - https://www.janusintl.com/ Live Oak Bank - liveoakbank.com/incomepodcast Tenant Inc. - https://www.tenantinc.com/
Want to invest in storage without dealing with the day-to-day operations and management? Learn more about our syndication company Cedar Creek Wealth here: https://www.cedarcreekwealth.com/ Investing in real estate is like climbing a mountain, depending on where you are on your journey, you need a different set of tools and resources so you can grow. That's why we created The Circle - the go-to real estate investment community to help people grow and scale in real estate. Find out more here: Want to pick up my best-selling book for free? You got it - just head over to the Self Storage Income website and download your free copy here: https://selfstorageincome.com/ | |||
| State of the Market – The Keys to Investing & How to Win | 21 Jun 2022 | 00:39:21 | |
Welcome back everybody to the Self Storage Income Podcast! This is your host, AJ Osborne!
There’s no two ways about it - a lot of investors the past several years have made A LOT of money. When you have record cap rate compression, inflation, and increased demand, the self storage asset boomed in value. This has been the case even if you bought and did absolutely nothing. But things are about change.
Markets are already changing. Interest rates continue to rise, inflation is still rising and has yet to slow, we have more self storage inventory with much more debt being held on these assets than ever before, the list goes on. Unfortunately for some, they banked on the market continuing to perform as it has the past 10 years running. But therein lies the fallacy - they were expecting THE MARKET to perform, not their business model or ability to execute good deals.
We’re going to talk a bit today about the major threat of relying on markets to generate good deals. We’re also going to dive into all these changes we’re seeing, what we expect to see in the not so distant future, and the data we’re looking at currently to help us continue to invest in only the best and highest performing self storage assets possible.
Take note and help ensure that you don’t end up getting caught swimming naked when the tide goes out, as Warren Buffett would say.
Thanks everybody! AJ
Invest with Cedar Creek: https://cedarcreekwealth.investnext.com/portal/capital_raise/358/
Success doesn’t happen on an island, which is why I’ve launched the CRE Circle. Build your community, your resources, and your commercial real estate investing opportunities. That first or even next deal could be right around the corner. You can learn more about the CRE Circle and sign up here:
Want to pick up my best selling book for free? You got it - just head over to the Self Storage Income website and download your free copy here: https://selfstorageincome.com/
Be sure to go to Selfstorageincome.com to get your free copy of my Self Storage Playbook. This step by step playbook walks you through from start to finish - how to identify a self storage market, how to perform due diligence, how to contact a current owner, and ultimately how to land a deal and purchase a storage facility.
You can also find the Self Storage Income Podcast on:
The Self Storage Income Podcast is Sponsored by: Janus International - https://www.janusintl.com/ Live Oak Bank - liveoakbank.com/incomepodcast Tenant Inc. - https://www.tenantinc.com/ Cedar Creek Wealth: https://cedarcreekwealth.com/
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| 284. Why the Self Storage Industry MUST Adapt or End Up Like the Hotel Industry w/ Steve Mirabito | 18 Feb 2025 | 00:55:22 | |
Get my FREE self storage starter pack to learn how to analyze, underwrite, and operate your next storage investment: https://www.selfstorageincome.com/start-podcast Is self storage in trouble? Not exactly, but we need to adapt to avoid suffering the same fate as the hotel industry. Today’s guest has had his finger on the pulse of the self storage industry since the 1980s, and he’s going to share where we’re at and where we’re headed! We had the opportunity to chat with Steve Mirabito, who is not only the founder and president of StoragePRO but also a board member for Storelocal, the largest self storage co-op in the world. In this episode, he winds the clock back nearly 40 years and shares about his journey into self storage and the challenges he faced early on. You’ll learn all about the birth of the industry, the role Steve played in popularizing this asset class, and how self storage has evolved since. Most importantly, where does the industry stand today, and what can investors expect going forward? Steve will share his unique perspective on some of the biggest opportunities and threats in self storage, the lessons investors can learn from the rise and fall of the hotel industry, and the number one thing you need to prepare for in 2025 and the years ahead! What you’ll learn in today’s show:
StoragePRO: https://www.storagepro.com StoragePRO Management: https://www.storagepromanagement.com 📌 Make self storage management easier than EVER with our podcast sponsor Tenant Inc. - https://www.tenantinc.com/ Mentioned article: https://www.selfstorageincome.com/blog/the-self-storage-industry-a-brief-overview 📑 Our Self-Storage Feasibility Studies will help you speed up the process in understanding markets, potential risks, and analyzing the facility itself. https://cedar.cc/feasibility-studies/ 🎙️ Do you have a great story to share on the Self Storage Income podcast? You can now apply here! https://form.asana.com/?k=TGU88eU0bFTFW1iHcckuTA&d=1203571084143207 📖 Get AJ's book that teaches you everything he knows about self-storage ! https://a.co/d/aRSKcSq 📉 Take advantage of today’s market conditions and invest with us: https://cedar.cc/invest | |||
| How Technology Has and is Changing the Self Storage Industry with Lance Watkins | 07 Jun 2022 | 00:44:53 | |
Welcome back everyone to the Self Storage Income Podcast!
I’m so excited to share this episode with you all because we have my great friend Lance Watkins on the podcast today. This isn’t his first appearance here on Self Storage Income Podcast and for good reason. Lance is one of the most influential people in the growth and development of the self storage industry.
To start - it's no secret that technology has impacted and disrupted industries in a huge way. This hasn’t only changed those industries forever, it has changed consumer expectations and experience in an equally huge way. So what does this mean for the self storage industry who’s operators are generally speaking, vastly stuck in the 1980’s?
This means that there is massive opportunity to use existing technology to gain a massive competitive advantage over other self storage owners and operators.
In this episode, Lance is going to share what that opportunity looks like and how you can capitalize on it.
You can start here at Tenant Inc - https://www.tenantinc.com/
Thanks everybody, AJ
Invest with Cedar Creek: https://cedarcreekwealth.investnext.com/portal/capital_raise/358/
Success doesn’t happen on an island, which is why I’ve launched the CRE Circle. Build your community, your resources, and your commercial real estate investing opportunities. That first or even next deal could be right around the corner. You can learn more about the CRE Circle and sign up here:
Want to pick up my best selling book for free? You got it - just head over to the Self Storage Income website and download your free copy here: https://selfstorageincome.com/
Be sure to go to Selfstorageincome.com to get your free copy of my Self Storage Playbook. This step by step playbook walks you through from start to finish - how to identify a self storage market, how to perform due diligence, how to contact a current owner, and ultimately how to land a deal and purchase a storage facility.
You can also find the Self Storage Income Podcast on:
The Self Storage Income Podcast is Sponsored by: Janus International - https://www.janusintl.com/ Live Oak Bank - liveoakbank.com/incomepodcast Tenant Inc. - https://www.tenantinc.com/ Cedar Creek Wealth: https://cedarcreekwealth.com/ | |||
| $3.2 Million in 4 Months - An In Depth Look at One of My Self Storage Deals | 31 May 2022 | 00:42:03 | |
Welcome back everybody to the Self Storage Income Podcast! This is your host, AJ Osborne!
I’ve said it before and I’ll say it again - I believe self storage can be one of the best investments out there. Whether you’re looking to be a passive investor, or an active, hands on investor, self storage can provide some incredible returns. Today, I wanted to share with you just how great self storage investing can be. And to accomplish this, I wanted to share some numbers with you from a real and recent deal I did.
I’m going to walk you through this deal, where the value add opportunity was, and how I was able to execute on it - creating $3.2 Million in value in just 4 months. And this is just the tip of the iceberg regarding the added value at this facility. This is just bare bones, up and to this point, not even fully stabilized.
All in all, I wanted to share a real deal with you guys. I wanted to give you a peak at the deals that are still out there today and the kind of wealth generating potential that they can hold. All we have to do is take action and pull the right levers.
Listen in, get excited about this deal, and get ready to go kick up your own great self storage investment.
Thanks! AJ
Invest with Cedar Creek: https://cedarcreekwealth.investnext.com/portal/capital_raise/358/
Success doesn’t happen on an island, which is why I’ve launched the CRE Circle. Build your community, your resources, and your commercial real estate investing opportunities. That first or even next deal could be right around the corner. You can learn more about the CRE Circle and sign up here:
Want to pick up my best selling book for free? You got it - just head over to the Self Storage Income website and download your free copy here: https://selfstorageincome.com/
Be sure to go to Selfstorageincome.com to get your free copy of my Self Storage Playbook. This step by step playbook walks you through from start to finish - how to identify a self storage market, how to perform due diligence, how to contact a current owner, and ultimately how to land a deal and purchase a storage facility.
You can also find the Self Storage Income Podcast on:
The Self Storage Income Podcast is Sponsored by: Janus International - https://www.janusintl.com/ Live Oak Bank - liveoakbank.com/incomepodcast Tenant Inc. - https://www.tenantinc.com/ Cedar Creek Wealth: https://cedarcreekwealth.com/ | |||
| Self Storage Development - The Keys to Success with Joe Evangelisti | 24 May 2022 | 00:47:28 | |
Welcome back everybody to the Self Storage Income Podcast!
It’s getting pretty wild out there in regards to finding great existing self storage deals that you can just simply acquire. But that doesn’t mean there isn’t still great opportunity elsewhere, especially when you consider developing a self storage facility instead.
Make no mistake, when it comes to development there’s little room for error. It’s a lengthy and uncertain process that demands expertise and relentless execution. The potential risks may be great, but the rewards can be huge.
So how do you successfully navigate the world of development?
Welcome our guest and self storage development expert Joe Evangelisti.
Joe gree up in the construction and development world, even serving in the United States Navy as a Seabee. After his service, he and his wife began house flipping and diving into real estate. Problem was, house flipping just wasn’t scalable enough for the goals they’d set. Like so many of us, they wanted off the treadmill and wanted to begin building REAL wealth. This lead them to commercial real estate and self storage.
Joe shares a wealth of development knowledge with us on todays podcast. Listen in, take note, and find out if development is the opportunity you’ve been looking for.
Keep up with Joe on his website at: https://www.investwithlegacy.com/
Thanks everybody, AJ Invest with Cedar Creek: https://cedarcreekwealth.investnext.com/portal/capital_raise/358/
Success doesn’t happen on an island, which is why I’ve launched the CRE Circle. Build your community, your resources, and your commercial real estate investing opportunities. That first or even next deal could be right around the corner. You can learn more about the CRE Circle and sign up here:
Want to pick up my best selling book for free? You got it - just head over to the Self Storage Income website and download your free copy here: https://selfstorageincome.com/
Be sure to go to Selfstorageincome.com to get your free copy of my Self Storage Playbook. This step by step playbook walks you through from start to finish - how to identify a self storage market, how to perform due diligence, how to contact a current owner, and ultimately how to land a deal and purchase a storage facility.
You can also find the Self Storage Income Podcast on:
The Self Storage Income Podcast is Sponsored by: Janus International - https://www.janusintl.com/ Live Oak Bank - liveoakbank.com/incomepodcast Tenant Inc. - https://www.tenantinc.com/ Cedar Creek Wealth: https://cedarcreekwealth.com/ | |||