201. Then vs Now - The Future of Self Storage

Self Storage Income

AJ Osborne

Entrepreneurship, Education, Investing, Business, How To

4.9 • 591 Ratings

🗓️ 23 May 2023

⏱️ 49 minutes

🔗️ Recording | iTunes | RSS

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Summary

In today’s episode, AJ and Conner discuss the evolution of Self Storage through years. When we got started, the market was drastically different. Whether you’re a first-time investor, or you’re a part of one of the largest private equity firms in the world - everyone is subject to the same fundamental concepts.

Operations, management, expansions - and it doesn’t stop there. That’s why AJ wrote his first book on Self Storage, and is about to publish his second. Sign up to be notified when the new book comes out! As a bonus, we’ll throw in our Due Diligence checklist too! https://www.selfstorageincome.com/dd-checklist

You may have heard the term “Ecosystem of Companies” before. An interconnected series of companies that solve very specific problems within the Self Storage Industry. AJ built these companies through years of learning things “the hard way.” Now, what problems do they solve? And how can you apply it to your Self Storage Investing?

Find out in this episode of Self Storage Income!

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

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Our Sponsor - Tenant Inc. - https://www.tenantinc.com/

Grab AJ's audiobook Growing Wealth in Self Storage for FREE: - https://www.selfstorageincome.com/free-audiobook

Thanks for listening!

Transcript

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0:00.0	Hey guys, what is going on? My name is Yen and welcome back to the self-storage income podcast.
0:05.6	It has been a crazy few weeks, guys.
0:08.8	Lots of things are changing in the market, both with self-storage and just the economy as a whole.
0:14.5	I'm finally back from a 10-day trip I made overseas to see family for the first time in like six years, which is absolutely wild.
0:21.6	I think both Connor and I were gone around the same time.
0:24.6	But today we have an amazing episode lineup for you guys because in the words of Michael Keaton,
0:30.6	the one true Batman, the economy is going nuts right now, and you might be wondering,
0:34.6	how does this affect self-storage?
0:36.6	Well, today, AJ and Connor are going wondering, how does this affect self-storage? Well, today,
0:37.7	AJ and Connor are going to be talking about this topic specifically through the lens of
0:43.0	their personal experience, specifically AJ as well, because he's been in this industry for over
0:48.0	20 years. He has seen the ups and downs and has been through the recessions and the downturns and the way he has set
0:55.7	up his companies and built out this ecosystem of products and services in the self-storage
1:01.2	industry is not only very unique, but it was specifically set up to mitigate the risk posed
1:07.1	by recessions. Be sure to stick around towards the end because AJ and Connor are going to be answering some
1:12.4	of your questions that you sent in through the self-storage income community.
1:16.8	If you guys don't know what that is or haven't checked that out, you should check the link
1:19.8	in the show notes.
1:20.7	Huge opportunity to ask questions and have them answered by experts in the industry, including
1:25.4	AJ himself.
1:26.5	But anyways, guys, let's go ahead and jump right in.
1:43.5	One of the best ways to optimize management and to increase the value of your self-storage facility is through property management.
	...

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