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Self Storage Income

The Future of Self Storage | What’s Happening & What You Need to Succeed

Self Storage Income

AJ Osborne

Entrepreneurship, Education, Investing, Business, How To

4.9591 Ratings

🗓️ 27 April 2021

⏱️ 32 minutes

🧾️ Download transcript

Summary

Welcome back everybody to the Self Storage Income Podcast! This your host AJ Osborne.

 

There are no two ways about it - industries are changing every single day, and they’re changing rapidly. Self Storage is no exception. Self Storage today is drastically different in a number of ways than it was even 10 years ago. But what have been some of the biggest and most influential changes that have happened, and that we also see coming? And how can we plan today to be a part of and take advantage of those changes? And what is holding the self storage industry back?

 

These are the questions that my team and I are always asking. This is also why I’ve invested heavily into companies and products over the past decade that are asking these same questions, and providing the self storage industry with solutions for these questions.

 

We’ve seen what happens when industries or globally recognized brands don’t pay attention to changes in the market. They ultimately fail to meet the needs and expectations of their consumers. They’re “disrupted”, and sometimes for good. The great thing here though is that you can be a part of this change and this future of self storage. You don’t have to own or run a facility that is behind the times failing to adapt.

 

This is what we’re diving into on today’s podcast. I’m going to share the changes I’ve seen, the changes I expect, and some of the ways me and my investments are taking advantage of these industry changes to put ourselves ahead of the competition.

 

As always, thanks for listening and for all the incredible support,

AJ

 

 

The Self Storage Income Exclusive Fall Event in Coeur d’Alene Idaho (GET YOUR SEATS RESERVED ASAP!) - https://selfstorageincome.com/events/

 

Be sure to go to Selfstorageincome.com to get your 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 to contact a current owner, and ultimately how to land a deal and purchase a storage facility.

 

You can also find the Self Storage Income Podcast on:

 

The Self Storage Income Podcast is Sponsored by:

 

Janus International - https://www.janusintl.com/

Store Local - https://www.selfstorage.coop/aws/SL/pt/sp/home_page

Live Oak Bank - liveoakbank.com/incomepodcast

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.

0:25.7

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.

0:38.9

Welcome, everybody, to Self Storage Income, the podcast where us storage nerds get to just think and talk about

0:58.3

storage. And that is my favorite thing to do. So you know what? I'm super excited to be here

1:05.4

with you guys. We talked about our last podcast. We did more of a macro setting and executing within the frameworks of the economy.

1:17.6

The episode before that, though, we mentioned, and we've got to mention it again.

1:21.9

You guys can go to self-storageincome.com forward slash events because we are hosting a live event. This event will be in

1:30.2

Cordillane, Idaho at a resort. We have limited amount of seatings available. We already have

1:38.6

speakers scheduled. This is going to be awesome, you guys. It's this fall.

1:47.0

We've actually carved out the membership. So it's not even, it's like 250 people we're allowing to go.

1:50.6

But for the general, we don't even have 250 seats to give out.

1:55.0

I think we've only got, geez, it's only like 120.

2:00.2

And the rest have already been allocated and designated and we're not even

2:04.3

starting out. So if you want to get in, we do have our pre-registration pricing. You guys got to go to the site,

2:12.7

sign up now to get in. It has all the details, everything.

2:18.7

But get there quick.

2:20.6

Once again, we're not allowing.

2:22.2

This isn't meant to be a huge event.

...

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