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Self Storage Income

How to Automate a Storage Facility

Self Storage Income

AJ Osborne

How To, Investing, Business, Entrepreneurship, Education

4.9591 Ratings

🗓️ 18 November 2019

⏱️ 19 minutes

🧾️ Download transcript

Summary

Whether you do it before, during, or after watching, PLEASE SUBSCRIBE, LIKE, AND COMMENT.

Before I got involved with self-storage I was stuck on a treadmill. Yes, I made good money, but it was my clients that owned my time and not me. If I wanted to make more money I had to put in more hours. If I stopped working money stopped coming in.

Self Storage changed that for me once and for all. And I want to show you how it can work for you.

Self-storage facilities investments are a quiet but growing sector of commercial real estate. Based on current demographic trends, they’re ready to benefit substantially.

You see, we live in a consumer culture. Americans love to buy stuff. At the same time, the average size of the American home continues to downsize. Which means people need a place to put all that stuff.

Enter self storage.

At this point, almost 10% of American’s use self storage and the industry has grown to bring in over $20 billion dollars in annual revenue.

I want to show you how to get started in this industry and create true financial freedom.

THIS ISN’T GUESS WORK — IT’S A REPEATABLE MODEL

With over 1 million square footage of self storage facilities across four states, we’ve created a scalable model that works.

We seek and purchase under performing facilities. When we overlay our model, we know almost exactly how the asset will perform in any given market. Our strategy has worked in large booming markets as well as extremely small rural areas.

One of the biggest changes to the self storage market however is technology, and the automation of self storage facilities. How do you automate a self storage facility? Great question - you're about to have your answer.  

I'll see you next time everybody, AJ

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AJ's Self Storage Masterclass - https://cashflow2freedom.com/self-storage/

Self Storage Income Website: https://www.selfstorageincome.com

Self Storage Income Podcast: - iTunes: https://podcasts.apple.com/us/podcast/self-storage-income/id1482663918 - Stitcher: https://podcasts.apple.com/us/podcast/self-storage-income/id1482663918

My OTHER Podcast & YouTube Channel - Cashflow 2 Freedom - https://www.youtube.com/channel/UCspPjuKSS7iohRa7VRvohqQ

Transcript

Click on a timestamp to play from that location

0:00.0

Looking to create wealth and income through high cash flowing real estate, self-storage is the fastest growing and the newest real estate asset that has outperformed all others.

0:10.0

What's it secret?

0:11.0

I'm A.J. Osborne and with over a million square feet that we have built, acquired, expanded, and even converted big box stores,

0:19.0

from small third-tier markets to large hundred plus thousand square foot facilities, we have seen it all.

0:26.0

This is the podcast that we're going to discuss and bring on the best investors and operators in the nation to show you how to create wealth and income with self storage.

0:37.0

Welcome to self storagestorage income.

0:43.0

All right, everybody, how to automate a self-storage facility.

0:48.2

It's a big topic.

0:49.7

It's a changing topic.

0:51.1

It's an awesome topic.

0:57.9

It's important to know kind of some myths about it and some things you've been hearing. In fact, if you guys want to, if you're down in

1:03.5

the south, I'm speaking in Nashville. And at Nashville, we're speaking on this subject, how technology is changing in the self-storage

1:15.6

industry. The reason I'm talking about, we were the second people in the nation. My friend,

1:23.9

Travis, was the first one, and he was like a few weeks before us to be to do it.

1:28.5

But we introduced a technology called Noki, and that allows customers to rent and use storage facilities without ever talking to a manager.

1:43.7

So a truly automated system.

1:47.6

Now, we're going to get into exactly what that means, but for this podcast, you got me and

1:53.4

Connor here, and this is self-storage now, and we are talking about right now what is going on and what we're doing in the automation space at our facilities because we're doing a lot we're doing it we're doing it get to do projects right now yeah yeah so you think of a little backstory on this a lot of people that listen to the podcast know about the bankrupt super the bankruptcy because it was super interesting and I talked about it on bigger pockets.

2:20.4

But one of the things that we had done, when we came in to operate this large facility,

2:27.7

there was a guy by the name of Reed that does entitlements.

2:32.8

He had this bankruptcy self-storage

2:35.1

storage facility.

...

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