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Self Storage Income

204. Starting out with Automated Facilities w/ Jonah Hall

Self Storage Income

AJ Osborne

How To, Investing, Business, Entrepreneurship, Education

4.9591 Ratings

🗓️ 18 July 2023

⏱️ 50 minutes

🧾️ Download transcript

Summary

So many people out there say that they automate or have a "touchless" storage facility. But there's so many misconceptions to doing this. Yeah, it sounds great: outsourcing facility management to a virtual assistant (VA) or 3rd party management company. 

What are some of the caveats to automating your facility? Especially when starting out? Today we bring on Jonah Hall, the co-founder of Smartlock Self Storage, who specializes in in software development and corporate management. 

When he started in 2018, he had to get creative when he was faced with a major challenge: converting an old Dollar General into a tiny self storage facility. But it was TINY. How do you manage it remotely WHILE not being able to hire a manager on site? More in this episode. 

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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Join our Facebook Community to talk and learn with our 300+ members today. - https://www.selfstorageincome.com/ssi-monthly-membership

Learn more about our feasibility studies, architecture, and consulting services:  https://www.selfstorageincome.com/services

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

Thanks for listening!

Transcript

Click on a timestamp to play from that location

0:00.0

Okay, everybody, we all know that self-storage is a very specific asset.

0:11.6

That's why you need to join the self-storage income community where you'll be with over 300

0:18.1

people buying, building,

0:21.8

everything about self storage, operating and managing.

0:24.9

And along with it, you guys get all our webinars

0:27.9

that we do on everything from underwriting the assets

0:31.8

to managing them, financing them, and more.

0:35.6

You also get a due diligence checklist and our first underwriting

0:40.6

modeler. Follow the link in the show notes today. Welcome everybody to self storage income. And today

0:48.3

I'm very excited for my guest because as you guys know, I'm obviously obsessed with storage

0:53.2

and also obsessed

0:54.6

with technology where the industry is going. So we have Jonah Hall, who's a co-founder of

1:00.0

smart lock self-storage, very passionate about the industry. I'm really excited to have him

1:07.2

on here to tell us about what they're seeing in the industry. And especially on this

1:12.6

topic of technology, I want to get opinions because that stuff has been moving really quickly.

1:19.3

All right. So with that, let's bring him in. How's it going, man? I'm doing well. Thank you for

1:25.2

having me on. Appreciate it. Well, I appreciate you coming on. Now, do I got this right? You're from Texas. Actually, I'm from Missouri. Okay. But yeah, I've been to Texas for seven or eight years now. All right. Nice. We're at Texas. Obviously, you told me. We're in Garland, which, yeah, we're in Garland, which is a northeast suburb of Dallas. Awesome. We're basically in Dallas. Okay. Nice.

1:44.4

I was in Dallas for the first time two months ago at a buddy's wedding.

1:51.4

And I've been to a lot of other, or excuse me, no, not Dallas.

1:55.6

It was Houston.

1:56.5

So I've been to lots of places throughout Texas, but I'd never been to Houston before.

2:00.3

And I was really shocked by it.

...

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