How to Become a Self Storage Investor in 6 Months with Chris Lawrence
Self Storage Income
AJ Osborne
4.9 • 591 Ratings
🗓️ 9 December 2021
⏱️ 64 minutes
🧾️ Download transcript
Summary
Hey everybody! Welcome back to the Self Storage Income Podcast! I’m your host AJ Osborne! We have an awesome guest lined up for you on the podcast today who I know you’re really going to enjoy. Chris Lawrence is our guest today and just weeks ago, he closed on his very first storage facility. Which means, we get to hear all the details on how he found, funded, and ultimately acquired and is now running this newly purchased storage facility. And to think, just 6 months ago, Chris was just starting to look at self storage investing and began to learn about the asset class… too cool. Chris came into the commercial real estate world after being a successful residential real estate investor. The cash running his residential business was great, but didn’t offer him or his family the life they wanted to live. Now, just one storage facility in, he’s obtained that lifestyle and has plans to continue growing his self storage portfolio. I absolutely love stories like this. It reminds me of ME when I first started the journey of self storage investing. I get reminded how incredibly exciting and nerve racking it was on that very first deal and even the second and third. Now the nerves are at bay, but man I still get super excited when I close on a facility. It’s an awesome accomplishment, a great step toward creating wealth and financial freedom. Chris, welcome to the club man! Thanks for listening everybody, AJ Keep up with Chris on Instagram at: https://www.instagram.com/chrisflipsroc/?hl=en Be sure to go to Selfstorageincome.com to get your copy of my Self Storage Playbook. This step by step playbook walks you through from start to finish - how to identify a self storage market, how to perform due diligence, how to contact a current owner, and ultimately how to land a deal and purchase a storage facility. You can also find the Self Storage Income Podcast on: iTunes Spotify Stitcher The Self Storage Income Podcast is Sponsored by: Janus International - https://www.janusintl.com/ Store Local - https://www.selfstorage.coop/aws/SL/pt/sp/home_page Live Oak Bank - liveoakbank.com/incomepodcast Tenant Inc. - https://www.tenantinc.com/ Cedar Creek Wealth: https://cedarcreekwealth.com/
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Welcome back, everybody, to the Self-Storage Income Podcast. We have another incredible episode lined up for you today. |
| 0:06.5 | But before we get into that, huge shout out to all of our amazing sponsors, Janice International, store local, live Oak Bank, and Tenant, Inc. |
| 0:15.5 | Be sure to check out the links in the show notes. You guys probably hear us talking about these guys on the podcast all the time. Janice International, tons of amazing people, tons of amazing products, services, |
| 0:25.6 | their no-key service, there are three programs, all these different aspects to help you build |
| 0:29.7 | an amazing storage facility or upgrade your storage facility. Just a fantastic group. Store |
| 0:35.6 | local. It's honestly one of the biggest threats to self-storage |
| 0:39.3 | is market consolidation and everything that goes along with that so enter store local the |
| 0:45.5 | largest storage co-op in the world just amazing people again tons of tons of awesome people there |
| 0:51.6 | and amazing solutions to bring everybody's resources together |
| 0:55.1 | and utilize those in an effective way to be able to compete and also thrive in a world of |
| 1:01.6 | competition with some of these larger reits and the big players in the self-storage industry. |
| 1:06.5 | Check out store local, amazing, amazing opportunities there. |
| 1:09.7 | Live Oak Bank. I don't know how many of you guys |
| 1:11.5 | came to our live event in Coral Lane just this past year, but we had some amazing conversations |
| 1:17.4 | with Live Oak Bank there, and they were probably one of the most popular topics there in our |
| 1:23.1 | breakout sessions, and people want to know. They want to know the financing. You guys want to know |
| 1:27.4 | what the solutions are, what the deals look like, all these different aspects to financing. |
| 1:32.4 | Live Oak Bank is that answer specifically for self-storage. They specialize in storage, which is just |
| 1:37.4 | incredible. There's no learning curve for them to understand the asset. They know it. They've been |
| 1:42.6 | there before. And they can help you see things |
| 1:44.5 | that you might not even be seeing yourself. So Live Oak Bank, amazing. Check the link in the show |
| 1:48.9 | notes. And last but not least, Tenant Inc. Tenant Inc. is an incredible slew of products and |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from AJ Osborne, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of AJ Osborne and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.