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Self Storage Income

197. How AI is Changing the Self Storage Industry

Self Storage Income

AJ Osborne

How To, Investing, Business, Entrepreneurship, Education

4.9591 Ratings

🗓️ 25 April 2023

⏱️ 33 minutes

🧾️ Download transcript

Summary

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

Transcript

Click on a timestamp to play from that location

0:00.0

What's going on everybody?

0:08.0

Connor here from the self-storage income podcast.

0:10.7

This podcast is being brought to you guys by Live Oak Bank,

0:14.4

Tenant Inc. and Janus International.

0:18.8

Welcome everybody to self-storage income.

0:21.6

And today we have a subject that I have been diving into.

0:27.4

And so is Connor for quite a while.

0:30.4

And Connor has really been working on a lot of our assets as we have been working on some different ways to move forward utilizing

0:40.2

technology and i've been focusing a lot on uh i i i've been focusing a lot on uh ai and what that looks like

0:48.2

and how it may be utilized in self storage but before we jump kind of into that part one of the things that was very interesting was we just got back from ISS.

0:59.4

And you've got to spend a lot of time with the vendors and on the floor.

1:03.9

So, Connor, talk a little bit about that and what your thoughts were and your experience overall at ISS.

1:11.6

Yeah, no, it was a great conference, man.

1:14.6

I was actually really impressed with the turnout, the amount of vendors, and the quality

1:19.6

of vendors.

1:20.6

It was a great event, man.

1:21.6

I got to meet a lot of really incredible people doing a lot of great things.

1:25.6

And, you know, just walking around to all the exhibitors and the vendors,

1:32.3

like you could just feel the energy.

1:35.3

You know, I mean, you could just feel like storage is the place to be right now.

1:40.3

Yeah.

1:41.3

Everybody's getting into it.

...

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