Welcome back everyone to the Self Storage Income Podcast! Investing in self storage can be pretty overwhelming sometimes. There are a lot of factors to consider, decisions to be made, and risks to be aware of – that is if you actually want to be a successful self storage investor.
Today, AJ provides a great metaphor on how to look at self storage investing that really breaks down the fundamentals of self storage investing success. There are a few key pieces that you need to be thinking about, pieces that live in a symbiotic relationship and one cannot live without the other. These key pieces of the puzzle are more important than ever as the self storage industry continues to return to a historical norm in regards to performance. Gone are the days of “build it and they will come”. Gone are the days of hitting returns with zero effort. As an owner or an investor placing your capital with a syndicator, you have to have your ducks in a row and ensure the people you’re working with do as well.
Thanks so much for listening everyone, enjoy the episode and make sure you have all your bases covered.
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