How to Find Storage Deals | My Step by Step Process

Self Storage Income

AJ Osborne

How To, Investing, Business, Entrepreneurship, Education

4.9 • 591 Ratings

🗓️ 10 February 2020

⏱️ 24 minutes

🔗️ Recording | iTunes | RSS

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Summary

He guys! Welcome to another episode of Self Storage Income! In a nutshell, one of biggest topics and most asked questions we get is… “How do I get started?” This is a huge question and the answers may not (and usually WILL NOT) be the same for everyone. However, I’ve put together a step by step process that can help guide anyone who is looking to start investing in, or who simply wants to learn more about self storage. So in this episode, I’m going to break that step by step process down for you. I share each individual step from start to finish. After you’re done listening to this episode, you’ll know how and be able to search for potential storage facility investments, how to seed out the poor investments and look only at the best, and how to ultimately find that one deal you’re looking for that meets your investment criteria that you can put an offer on. This discussion also goes hand in hand with value. The more we’re able to identify value, the more we can identify opportunity. I’m super excited as always to share this with you guys. Let me know what you think. We also have the playbook we mention in this episode on the Self Storage Income website. We’ll be updating the playbook as we go, but be sure to check out the latest version on the website so you can start looking at and landing deals. Thanks everybody,

Be sure to go to Selfstorageincome.com to get your free 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 contact a current owner, and ultimately how to land a storage facility deal.

You can also find the Self Storage Income Podcast on:

Transcript

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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 from small third tier markets to large hundred plus thousand
0:23.1	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
0:31.3	in the nation to show you how to create wealth and income with self storage.
0:36.9	Welcome to self-storage income.
0:47.6	Welcome to self-storage income.
0:50.3	Today, on this very snowy day, we are talking about the thing that we hear about and get the most questions, hands down, by far, the most.
1:01.5	How do I find a storage facility deal?
1:04.8	How do I get into my first storage facility?
1:08.0	Where are the buys?
1:09.6	Everybody's asking, especially in today's market, I want to
1:13.8	find a deal, what makes a good deal, and where do I find them? I think that's probably twice the
1:20.9	question we get from any other question. Wouldn't you agree? I think so, man. I mean, just knowing
1:27.1	where to look, what to look for.
1:29.1	I mean, that in a nutshell is probably what we hear the most.
1:32.6	No, no doubt.
1:33.6	Okay.
1:33.8	Me and Connor, we had a podcast about this a couple of months ago called The Playbook.
1:39.1	It's one of our best podcasts that we've had.
1:41.2	So Connor took that and made an actual playbook, like he converted it,
	...

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