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Self Storage Income

Identifying Good Deals in Great Markets - The Art and Science

Self Storage Income

AJ Osborne

Entrepreneurship, Education, Investing, Business, How To

4.9591 Ratings

🗓️ 24 August 2020

⏱️ 31 minutes

🧾️ Download transcript

Summary

Welcome back everybody to the Self Storage Income podcast. This is your host AJ Osborne.

I don’t know how many calls, messages, and emails I have received from you all and replied to that had to do with this very topic. This alone makes me proud, as this is obviously one of the biggest key factors to help ensure your storage investment success. First and foremost, there is no one size fits all generalization of a market or what makes a good deal. Each deal, each market needs to be analyzed on a case by case basis and compared to your investment criteria. There is an art and a science to finding good storage deals in great markets and that art and science is exactly what we’re going to dive into today. We’ll go over the first thing that I look for in markets to identify a good market, the macroeconomic factors affecting the self storage industry and what you can do to position yourself, a surefire sign of when to completely avoid a market, and more. We also share our three pillars of deal flow that have allowed us to get four facilities under contract this year so far with more on the horizon. Thanks for tuning in everybody, we’ll see you next time. AJ Pick up a copy of my book An Investor’s Guide to Growing Wealth in Self Storage here: https://selfstorageincome.com/book/ 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: • iTunes • Spotify • Stitcher The Self Storage Income Podcast is Sponsored by Janus International - https://www.janusintl.com/

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,

0:19.0

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

0:25.7

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.

0:36.9

Welcome to self Storage Income.

0:51.9

Welcome to Self Storage Income. We have a great podcast today for you guys, but we have a few

0:57.0

housekeeping items. That's right, for all our loyal followers and listeners and everything else.

1:03.5

First of all, I just need to express my absolute appreciation for everybody. The book has hit bestseller again. It is the number one

1:16.8

self-storage book on the market. And that's exciting because I did not know we had so many

1:24.1

self-storage nerds out there. So you know what, guys? Hey, we're all in good company.

1:28.2

And I hope just like me, you guys get totally excited about self-storage and thank you for

1:34.4

your support and appreciation. Also, I found out something else that was kind of interesting.

1:39.3

We are just a little backlogged with calls. And by a little, I mean hundreds.

1:45.1

A little bit.

1:45.7

So I did not even close to expect, um,

1:51.4

the reaction.

1:52.3

Uh,

1:52.5

so you guys,

1:54.0

first of all,

1:54.8

thank you.

1:55.8

And I am working to get to everybody that is actually a very high priority of mine, but we will be keeping it to

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