The Economic Future of Self Storage | What to Look for

Self Storage Income

AJ Osborne

Entrepreneurship, Education, Investing, Business, How To

4.9 • 591 Ratings

🗓️ 23 January 2020

⏱️ 29 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Hey what’s going on everybody. It’s been a few days since our last Self Storage Income podcast, but for good reason. I was recently, just this past week, at the Self Storage Association conference in Salt Lake where we talked about everything self storage and the economic future of the self storage industry. That said, I wanted to share with you all some of the points we covered at SSA in regards to the self storage market and where it’s all going. Though markets and our attention to them is extremely important, we can’t let ourselves get distracted away from what really matters to us in our investing decisions. Don’t make the common mistakes of trying to time markets, or waiting for investment opportunities instead of creating them, and so on. I’m going to go over what we should stay focused on and how to look at and evaluate storage in good markets and in the bad.

Thanks guys for listening and I’ll see you next time,

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

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.
0:10.2	What's its secret?
0:11.4	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 100 plus thousand square foot
0:23.7	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
0:31.3	in the nation to show you how to create wealth and income with self-storage.
0:36.9	Welcome to self- Income. Welcome to Self Storage
0:48.0	Income. We are so excited today to talk about, first of all, give an update on things, but also
0:54.0	talk about one of our
0:54.9	hottest subjects, and that's economics.
0:56.8	Principally, what are the economic forces that drive self-storage?
1:00.6	What brings self-storage down?
1:02.6	And where are we in the state of the economy today?
1:05.9	Just got back from Utah at the SSA, a ski conference down there there and it kind of wanted to relay the kind of the message that was given back in the summit and what the economists have to say and yeah just kind of go over the state of self-storage. It seems to be changing quick. But with that,
1:30.0	as always, I have my trusted co-host here. Connor, how you doing? Doing awesome, man. Yeah,
1:35.1	I'm excited to jump in. I haven't really heard a whole lot about your trip and how that went.
1:39.9	Yeah, you just got back from the freaking Virgin Islands. Well, Bahamas. Bahamas, that's right.
1:44.9	Yeah, just north. Yep, Bahamas. It was awesome. My first time out there, so that was a good time. Nice and tan. Oh, yeah. Yeah, I got my tan on. Busted out that good old American flag speedo. That's right. Rocked it on the beach. Did my morning lunges every day. Yes.
2:00.7	Your wife was so proud.
2:02.4	Exactly.
2:03.0	Yeah.
2:03.4	Yeah, she was definitely... did my morning lunges every day. Your wife was so proud.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from AJ Osborne, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of AJ Osborne and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.