REI179: Resilience and Triumph w/ AJ Osborne

The Intrinsic Value Podcast - The Investor’s Podcast Network

The Investor's Podcast Network

Education, Investing, Business

4.6 • 592 Ratings

🗓️ 17 April 2023

⏱️ 71 minutes

🔗️ Recording | iTunes | RSS

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Summary

Patrick Donley sits down with AJ Osborne to learn about his incredible triumph over a debilitating disease which left him paralyzed and how his self-storage investments allowed him to provide for his family. We go into what his first self storage investment looked like and how he was able to scale his company without taking on outside capital. AJ also explains why self storage offers the best opportunity for investors to get involved in commercial real estate and provides some great actionable advice on first steps to get started. IN THIS EPISODE, YOU’LL LEARN: 00:00 - Intro 05:46 - How AJ was able to provide for his family after a debilitating disease left him paralyzed. 05:46 - How he started multiple companies out of a wheelchair. 16:01 - Why it’s a daily choice to be at your best mentally and emotionally. 31:01 - How they scaled the company with no outside capital. 32:00 - Why he recommends beginning investors have a W-2 income when getting started. 32:14 - Why self storage offers the best opportunity for investors in commercial real estate. 40:00 - What his first investment in self storage looked like. 40:00 - What he means by having a “margin of stupidity”? 43:18 - How he recommends approaching “mom and pop” operators. 64:45 - What does the difference between rich and wealthy means to AJ? And much, much more! *Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members. Robert’s book The Everything Guide to House Hacking. Growing Wealth in Self Storage by AJ Osborne. Self Storage Income podcast with AJ Osborne. Rich Dad Poor Dad by Robert Kiyosaki. Richer, Wiser, Happier by William Green. Related episode: Listen to REI153: 1300 Units in 21 Months w/ Sultan of Storage, or watch the video. NEW TO THE SHOW? Check out our Millennial Investing Starter Packs. Browse through all our episodes (complete with transcripts) here. Try Kyle’s favorite tool for picking stock winners and managing our portfolios: TIP Finance. Enjoy exclusive perks from our favorite Apps and Services. Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets. Learn how to better start, manage, and grow your business with the best business podcasts. SPONSORS Support our free podcast by supporting our sponsors: Fiscal.AI Connect with Patrick: Twitter Email: patrick@theinvestorspodcast.com Connect with AJ: Website | Instagram | YouTube Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

Transcript

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0:00.0	You're listening to TIP.
0:02.3	Those properties have given us a 22% annualized average rate of return on cash flow.
0:08.0	That's not refinanced.
0:09.1	That's not selling.
0:10.0	That's on cash flow.
0:11.2	You're doubling money every three or four years at that rate.
0:14.8	Yeah, exactly.
0:16.2	That's exactly what happened.
0:17.4	Our portfolio was doubling every three to four years.
0:28.1	Hey, everybody. In this week's episode, I got to sit down with A.J. Osborne to learn about his incredible triumph over a debilitating disease which left him paralyzed and how his self-storage
0:33.5	investments allowed for him to provide for his family while he was recovering. We go into what his first self-storage investment looked like and how he was able to scale his company without taking on outside capital.
0:44.3	AJ also explains why self-storage offers the best opportunity for investors to get involved in commercial real estate
0:51.3	and also provides great actionable advice on first steps to get
0:55.4	started. AJ is an American entrepreneur, businessman, and investor who owns and manages a self-storage
1:01.4	portfolio of over $300 million of assets through his company's Cedar Creek Capital, Bitterroot
1:06.9	Holdings, and Clearwater Benefits. He's the host of the largest self-storage podcast,
1:12.2	self-storage income, and as an operator and private owner with over 1.2 million square feet
1:17.8	of self-storage is regularly a keynote speaker at national self-storage conferences.
1:23.1	If you're not familiar with AJ's story and you're in need of some inspiration today,
1:28.0	definitely give this one to listen. Also, if you're looking familiar with AJ's story and you're in need of some inspiration today, definitely give this one to listen.
1:29.8	Also, if you're looking for some thoughtful and wise advice on how to take your first steps
1:33.7	in self-storage, AJ literally has written the book on how to do it.
	...

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