Lance Watkins | Technology in Self Storage & Building Real Estate Empires
Self Storage Income
AJ Osborne
4.9 • 591 Ratings
🗓️ 22 November 2019
⏱️ 94 minutes
🧾️ Download transcript
Summary
Alright everybody we have another incredible guest episode that I'm super excited to share with you. I'd like to introduce Lance Watkins.
We spend a good amount of time touching on technology and the impact it's having on self storage, but we also talk real estate, market trends, and building real estate empires.
Enjoy, take notes, and be sure to email your questions and comments to me at selfstorageincome.com.
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My Self Storage Investing Master Class - https://cashflow2freedom.com/self-storage/
Whether you do it before, during, or after watching, PLEASE SUBSCRIBE, LIKE, AND COMMENT.
Before I got involved with self-storage I was stuck on a treadmill. Yes, I made good money, but it was my clients that owned my time and not me. If I wanted to make more money I had to put in more hours. If I stopped working money stopped coming in.
Self Storage changed that for me once and for all. And I want to show you how it can work for you.
Self-storage facilities investments are a quiet but growing sector of commercial real estate. Based on current demographic trends, they’re ready to benefit substantially.
You see, we live in a consumer culture. Americans love to buy stuff. At the same time, the average size of the American home continues to downsize. Which means people need a place to put all that stuff.
Enter self storage.
At this point, almost 10% of American’s use self storage and the industry has grown to bring in over $20 billion dollars in annual revenue.
I want to show you how to get started in this industry and create true financial freedom.
THIS ISN’T GUESS WORK — IT’S A REPEATABLE MODEL
With over 1 million square footage of self storage facilities across four states, we’ve created a scalable model that works.
We seek and purchase under performing facilities. When we overlay our model, we know almost exactly how the asset will perform in any given market. Our strategy has worked in large booming markets as well as extremely small rural areas.
I'll see you next time, AJ
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AJ's Self Storage Masterclass - https://cashflow2freedom.com/self-storage/
Self Storage Income Website: https://www.selfstorageincome.com
Self Storage Income Podcast: - iTunes: https://podcasts.apple.com/us/podcast/self-storage-income/id1482663918 - Stitcher: https://podcasts.apple.com/us/podcast/self-storage-income/id1482663918
My OTHER YouTube Channel - Cashflow 2 Freedom - https://www.youtube.com/channel/UCspPjuKSS7iohRa7VRvohqQ
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. |
| 0:10.0 | 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. |
| 0:26.0 | 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. |
| 0:37.0 | Welcome to self storagestorage income. |
| 0:41.6 | Hey everybody, before our interview starts, I wanted to give you guys kind of a heads-up in an |
| 0:49.0 | intro. This is a longer podcast than we've done. It is just filled with gold. |
| 0:56.4 | And I need to tell you why this is really important. |
| 0:58.8 | The guy that we're interviewing today, if you've seen Storage Wars, |
| 1:03.5 | this is the guy that started that. |
| 1:06.6 | You know, he was the guy that really brought auctions online. |
| 1:11.3 | He's developing lots of different software systems within the storage world. |
| 1:18.8 | And he owns, I think, 12 storage facilities now. |
| 1:23.9 | He's been in the business for a long time. |
| 1:26.2 | He's done everything from shipping containers, very influential in this industry. |
| 1:31.3 | He's a thought leader. |
| 1:33.4 | He's really moved the needle for the industry as a whole. |
| 1:38.2 | So this is a must listen to. |
| 1:40.6 | I wanted to do this intro before we got started, though, because when I did this interview, |
| 1:46.8 | I was with him down in California. They have a new tech company that they're starting in the |
| 1:54.2 | storage industry. And so I was down there with them. We're outside, and we're on a microphone. |
... |
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