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Self Storage Income

209. Self Storage for Beginners: How to Start with NOTHING | Masha Klapanova & Erik Hansen

Self Storage Income

AJ Osborne

Entrepreneurship, Education, Investing, Business, How To

4.9591 Ratings

🗓️ 30 August 2023

⏱️ 46 minutes

🧾️ Download transcript

Summary

Starting out in Self Storage can be daunting, especially when you're doing it all by yourself. Doesn't matter if you are starting with nothing and just want to create some extra income, or if you want to start a full-on, scalable business. It's difficult, right? But that's exactly what Masha and Erik did. And they did it within the last 3 years. 

Masha Klapanova emigrated from Russia with her family and very little money. She now owns and operates multiple storage facilities. How long did it take? Well, she came to our first SSI Live event in 2021, and in 2022, she returned as a SPEAKER, who now owns facilities and has even more under contract.

Erik Hansen is like many of us who want to start in storage. His background in construction - and his 9 to 5 job - were at massive risk during the 2020 shutdowns. He had to make a choice: do I stay where I am and just accept my new reality, or do I create a life I want to live? That pushed him to get into self storage, where he has created a business owning and operating as well. 

Let's learn from their successes and mistakes. What do you need to know when you first start out? 

Take the first step. Surround yourself with the industry experts, and network with those just like you at our Self Storage Income Live Event: https://www.selfstorageincome.com/ssi-live-2023 

Want to take advantage of todays market conditions with us? Invest in our opportunistic Fund 2 Here: https://cedar.cc/invest

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

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

Transcript

Click on a timestamp to play from that location

0:00.0

My first investment actually was passive.

0:03.0

It wasn't a smaller deal, I was a smaller operator, and it was a smaller investment, capital

0:08.0

investment.

0:09.0

But what did it give me?

0:11.0

I was able to officially call myself self-storage investor.

0:15.0

And then I was able to put on a personal financial statement, and this personal financial statement, this personal financial statement it's a

0:21.4

statement that you provide for a lender and it had storage and it even though

0:26.4

I didn't really own yet storage but it was a great one many of you probably want to

0:30.3

escape nine to five but what end up happening we as entrepreneurs end up

0:35.9

working nine to nine, 9 to 10.

0:39.3

Tell me guys, is it true or not?

0:41.3

Yes, it's true.

0:43.3

But again, we come into storage because we want to achieve that freedom.

0:49.3

And freedom is realizing that you have a choice.

0:53.3

Welcome everybody to self-storage income.

0:57.0

And today we are talking about the self-storage beginner.

1:02.0

Well, technically it's not us.

1:05.0

So we have Eric Hansen and Masha Klappanova. Sorry, Masha, I always struggle with your name. But this is a

1:16.6

really exciting episode because of not just who's speaking or whatnot, but the format in which,

1:23.7

meaning that we had our event last year. And that event we had a lot of speakers one of the

1:31.8

speaker at last year's self-storage income event was at our event the year prior and did not

1:39.6

have any storage facilities then masha acquired a storage facility and then came back the next year

...

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