229. Get your FIRST (or next) Storage Deal in 2024: the New Era of Self Storage
Self Storage Income
AJ Osborne
4.9 • 591 Ratings
🗓️ 23 January 2024
⏱️ 46 minutes
🧾️ Download transcript
Summary
Buying self storage can sounds like an impossible task for a beginner, right? Well, we’ve bought dozens of facilities, even when competition is tight—and we’re showing you what we see in the market today so YOU can acquire your first or next storage deal! Your next self storage facility is closer than you think!
But before you get into self storage, you need to know what you want to buy. We’ll detail how to build an investing “buy box” that’ll help you get the EXACT self storage deals you want sent straight to your inbox.
Finally, the rookie mistakes that SO many make when closing on a property and how falling into these traps can ruin your real estate investing future and blacklist you from getting any more deals.
If you’re ready to start investing in self storage in 2024, this episode is for you.
Want more free education & market insights? Search "Self Storage Income" on YouTube!
Make self storage management easier than EVER with our podcast sponsor Tenant Inc. - https://www.tenantinc.com/
Ready to buy storage? Have your deals personally evaluated by AJ and our team!
https://www.selfstorageincome.com/feasibility
Take advantage of today’s market conditions and invest with us:
Transcript
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| 0:00.0 | I believe we're now moving into a new era. |
| 0:02.7 | So we could be entering into a new ginormous bull market |
| 0:07.4 | because of a new adaptation, innovation, technology |
| 0:12.1 | that we can't even see now. |
| 0:14.2 | We made all the mistakes, right? |
| 0:15.8 | So been there, done that. |
| 0:17.4 | And so we were trying to produce all of that out there |
| 0:20.3 | so you guys can be 20 years ahead of me when we got started. |
| 0:29.6 | Welcome everybody to self-storage income. |
| 0:31.6 | We are talking about getting that first deal in 2024 or if you already have one the next one and the next one after |
| 0:40.7 | that but there's a few things to go into it 24 is going to be a wild year so we want to walk |
| 0:47.9 | you kind of through how to go about this and do it so the general steps that it takes what it |
| 0:53.7 | looks like and how you can actually land |
| 0:56.7 | and close on that first deal or your second or third in 2024. |
| 1:02.2 | Heck yeah, man, I'm excited to dive into this because, again, like we've been talking a lot |
| 1:05.4 | on the podcast, these times of uncertainty can really be the times of opportunity, just |
| 1:10.7 | like you've shared a lot of your experiences going through 07, 08, 09, all those times when everybody was just pulling back the reins, sitting on the sidelines, saying, oh, well, you know, when all the deals come or when all the money comes, then I'll, you know, pull the trigger and a lot of those people never did, never do. |
| 1:47.1 | And it's just, again, the signals and the noise, it's the same thing we've been talking a lot about. So I'm excited to dive into this, get a little bit more tactical and say, hey, step one, step two, step three. This is what you need to be looking at and doing to go out there and actually get your next deal or get your own deal. |
| 1:44.7 | I mean, we've got people in our group that, I mean, even just this last year with all the |
| 1:48.2 | things that we've seen going on, we had one individual in the inner circle, three deals in a |
| 1:52.1 | month or something like that. |
| 1:53.8 | It's just, it's amazing once you actually start getting out there, putting these tools and |
... |
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