How to Build Your Self Storage Empire with Tim Fadorsen

Self Storage Income

AJ Osborne

Entrepreneurship, Education, Investing, Business, How To

4.9 • 591 Ratings

🗓️ 21 September 2021

⏱️ 46 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Welcome back everybody to the Self Storage Income Podcast, this is your host AJ Osborne! We have another incredible guest lined up for you all today - the man himself Tim Fadorsen. Tim started off in the development and construction world working as a general contractor for years. He ultimately ended up building a self storage facility for a client. Seeing the value of self storage and the great opportunity he could leverage being a general contractor, he immediately began to dive into the world of self storage and began construction on his very own facility. Tim gives us a run down of his first storage deal and walks us through and up to where he’s at today and what the plans are for the future. We talk about investing strategies, leveraging your skills to get deals done, and he has gone about identifying great self storage markets to develop in. Enjoy everybody and we’ll see you next time! AJ

Keep up with Tim on their website: https://www.thetymacgroup.com/ The Self Storage Income Exclusive Fall Event in Coeur d’Alene Idaho (GET YOUR SEATS RESERVED ASAP!) - https://selfstorageincome.com/events/ 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	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.
0:10.2	What's its secret?
0:11.3	I'm A.J. Osborne and with over a million square feet that we have built, acquired, expanded, and even converted big box stores from small third tier markets to large 100 plus thousand square foot
0:23.6	facilities, we have seen it all. This is the podcast that we're going to discuss and bring on
0:29.3	the best investors and operators in the nation to show you how to create wealth and income
0:35.6	with self storage. Welcome to Self Storage Income.
0:43.8	Welcome everybody to self-storage income.
0:48.0	And man, so we're coming up on, by the time actually everybody listens to this,
0:53.1	our conference will probably be like in a few
0:55.1	days oh it'll be going on man yeah it'll be coming up fast really fast i can't i can't believe it's
1:00.4	it's coming up it's going to be epic it will be but today we have a great interview we're going
1:05.9	to be talking about of course storage but um we have a operator a developer a. So this is going to be a great conversation. So I don't want to take any more time. Should we just jump into it? Let's do it. Let's do it. All right. Tim, welcome. Yes, sir. Welcome. Thank you. It's great to be here. It's nice and finally see and talk to you. I've listened to you forever on the radio or on the podcast in the truck.
1:32.3	You know, we did a project down on Jacksonville, and I'm from Ohio, and so back and forth to Jacksonville.
1:38.1	I just listen to storage podcasts, you know, everybody's podcast.
1:41.1	So, yeah, I've heard your voice a lot, but first time meeting you and
1:44.8	Connor as well. It's good. It's great to meet you. Well, you know what? Awesome to have you on.
1:50.0	It's fun to have a community. I try to explain this to people too. Like they talk about, oh,
1:54.8	real estate investing podcast, I'm like, you know, we're really just a self-storage podcast because
1:59.3	self-storage people are kind of weird like that we're really just a self-storage podcast because self-storage people are
2:01.3	kind of weird like that. Like, they just become self-storage people, right? I don't know what it is, but. And it's funny, you know, when you do get in a storage, so everywhere you go, me and my family hates it, you know, and all my friends, we drive around, oh, there's a storage over there. Let's pull in there. Let's go look at them. The other stores.
2:17.6	Yeah, yeah, yeah.
2:19.0	So it's just your whole life's all storage.
	...

Please login to see the full transcript.

Previous episode | Next episode

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.