The Number One Key to Self Storage Investing Success
Self Storage Income
AJ Osborne
4.9 • 591 Ratings
🗓️ 16 November 2021
⏱️ 23 minutes
🧾️ Download transcript
Summary
Welcome back everybody to the Self Storage Income Podcast, this is your host AJ Osborne! So chances are, if you’re listening to this podcast… you’re interested in investing in self storage. The chances are also that you want to SUCCEED in self storage investing. Well today we’re talking about possibly the most important aspect of helping to secure self storage investing success. We’re talking DEMAND. If you don’t or can’t accurately measure a market’s demand, you’re in trouble and this could spell disaster for you and your storage facility. So the question is - how do you accurately measure demand in a given market? I’m going to share with you all the top four keys that we focus on that help accurately gauge demand time and time again. These keys of demand will better help you identify self storage opportunity and self storage ruin (or deals you should absolutely stay away from). Enjoy, take notes, and make things happen folks! Thanks everybody! AJ 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: iTunes Spotify Stitcher 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 Tenant Inc. - https://www.tenantinc.com/ Cedar Creek Wealth: https://cedarcreekwealth.com/
Transcript
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| 0:00.0 | Welcome back, everybody, to the Self-Storage Income Podcast. We have an incredible episode lined up for you guys today. |
| 0:06.4 | But before we get to that, we have to give a huge shout out to our sponsors, Janice International, Tenant Inc. and Live Oak Bank. |
| 0:15.5 | These are partners who we've specifically chosen for their expertise in the self-storage industry, |
| 0:22.0 | whether you're looking to rehab a facility, develop a facility. |
| 0:27.6 | Janice has some of the most incredible and industry-leading solutions for you to implement |
| 0:34.0 | at your facility, whether that's their door systems, their hallway systems, |
| 0:38.6 | their no key technology, their keyless access entry systems. They are hands down one of the |
| 0:45.4 | best resources in the industry for you to rehab a facility and to develop a facility that |
| 0:50.8 | meets today's standards. Then we've got Live Oak Bank. Live Oak Bank is yet again another |
| 0:56.7 | amazing partner that we've wanted to have as our sponsor for this podcast. The work that they do |
| 1:02.7 | and have done in the self-storage industry is just incredible and they continue to do this |
| 1:07.2 | every single day. They live in the storage industry and provide some of the best and most innovative |
| 1:13.5 | financing solutions for you to be able to get into self-storage. |
| 1:18.4 | Be sure to check them out. |
| 1:19.9 | Get a hold of Terry and get your financing straight. |
| 1:23.0 | Get it right. |
| 1:23.7 | And these guys are the best in the industry. |
| 1:27.1 | Then we've got tenant ink, all your |
| 1:29.5 | property management needs tied into one solution, all of tenant ink's solutions underneath the |
| 1:35.5 | tenant ink umbrella, whether that's property management or that's tenant management, whatever |
| 1:39.0 | that looks like. They've got a slew of amazing solutions for you guys to implement your facility, to help streamline |
| 1:46.1 | management, to help you gain control and access of all your data. |
... |
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