Improving efficiency with AI - Can Machine Learning Automate your Self Storage business?
Self Storage Income
AJ Osborne
4.9 • 591 Ratings
🗓️ 19 July 2022
⏱️ 36 minutes
🧾️ Download transcript
Summary
Software is one of the things that the Self Storage industry desperately needs. From automating simple operations like entry gates to helping address customer issues in a quick, efficient, and contactless way. I know, "AI" and "Machine Learning" and the like are basically buzzwords at this point. But actually applying them in a meaningful way that makes a difference in your business is what really matters.
Today we are discussing the possibilities with AI and system automations with co-founders Mason Levy and Rodolfo Ramirez from Swivl.ai. They integrate technologies similar to Siri and Alexa with websites and point-of-contact systems within Self Storage.
What can a software program like this do for you? It can help keep track of inventory, customer service, gate code assistance, bill pay, and much more. The goal is to improve efficiency and time spent by both customers and employees. You are able to serve customers quicker with less repetition and downtime. You can reallocate your employee's time to really maximize that efficiency in a variety of different areas.
You can find out more about the Swivl AI at https://tryswivl.com
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WE’RE HIRING - if you think you’d be a great fit for the Cedar Creek Team, contact me here: https://www.selfstorageincome.com/contact
The Self Storage Income Podcast is Sponsored by:
Forge Building Company. Forge is our go-to building contractor for all things self-storage. In AJ's words "Forge has saved us literally hundreds of thousands of dollars on one deal alone through their ability to value engineer, improving our facility at the same time." Exclusive to SSI listeners, Forge is offering a FREE consultation and Complimentary Site Layout.
Get in touch with Forge here: - https://forgebuildings.com/podcast
The Self Storage Income Podcast is also sponsored by:
Janus International - https://www.janusintl.com/
Live Oak Bank - liveoakbank.com/incomepodcast
Tenant Inc. - https://www.tenantinc.com/
Want to invest in storage without dealing with the day-to-day operations and management? Learn more about our syndication company Cedar Creek Wealth here:
https://www.cedarcreekwealth.com/
Investing in real estate is like climbing a mountain, depending on where you are on your journey, you need a different set of tools and resources so you can grow. That's why we created The Circle - the go-to real estate investment community to help people grow and scale in real estate. Find out more here:
Want to pick up my best-selling book for free? You got it - just head over to the Self Storage Income website and download your free copy here: https://selfstorageincome.com/
Transcript
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| 0:00.0 | you know, we talk about AI. |
| 0:01.9 | AI is a buzzwords. |
| 0:04.2 | And in self-storage, you know, we've talked a lot about, like, a automated facility. |
| 0:12.2 | And what does that even mean? |
| 0:14.2 | How we look at things internally. |
| 0:16.3 | This is a process by which we're improving efficiencies, right? And it can help us to not only get |
| 0:24.3 | the desired result, but also measure it and look at how we got there, why it went a certain way, |
| 0:31.3 | which leads to lots of improvements. Looking to create wealth and income through high cash flowing real estate, self-storage is the fastest growing in the newest real estate asset that has outperformed all others. |
| 0:44.3 | What's its secret? |
| 0:45.3 | I'm AJ 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 |
| 0:56.6 | hundred plus thousand square foot facilities we have seen it all this is the podcast |
| 1:01.6 | that we're going to discuss and bring on the best investors and operators in the |
| 1:06.5 | nation to show you how to create wealth and income with self-storage. |
| 1:11.4 | Welcome to self-storage income. |
| 1:16.1 | What's up, you guys? |
| 1:17.1 | Connor here from the Self-Storage Income podcast. |
| 1:19.8 | If you guys are seasoned veterans or you're just getting started, |
| 1:22.8 | you're going to need experts in your corner, |
| 1:24.6 | and that's where our incredible sponsors come in. |
| 1:27.0 | Forge building company |
| 1:27.8 | is going to be a phenomenal partner for you guys to check out and potentially partner with. |
| 1:32.0 | They specialize in working with investors and developers, whether you're new or you're seasoned |
... |
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