Real Estate Rookie

340: Why Self-Storage Beats Rental Properties w/AJ Osborne

Nov 16, 2023

AJ Osborne, a self-storage investor, shares his unbelievable story of going from paralysis to making millions. He discusses how self-storage investing saved his life and why it may be the best real estate investment. Topics covered include the benefits of self-storage facilities, advantages over rental properties, and the best time for beginners to get into real estate.

01:10:05

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Episode guests

AJ Osborne

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Quick takeaways

Self-storage facilities offer higher margins, lower default rates, and are more recession-resistant than traditional rentals.

Identifying potential self-storage facility locations can be done by focusing on localized areas and targeting smaller markets.

AJ Osborne's personal story demonstrates the importance of resilience, determination, and collaboration in achieving success in self-storage investing.

Deep dives

Value in Self-Storage Investments

Self-storage investments offer unique advantages over traditional rentals. They are income-focused assets that are not reliant on turning homes into investments. Financing is based on the asset's income potential, providing more options. Self-storage facilities have lower default rates, higher margins, and are great hedges against inflation due to the ability to adjust rental rates in response. During a recession, people downsizing or moving still need storage, making it more recession-resistant. Additionally, self-storage is an economical solution to limited space and rising real estate costs.

Introduction

5min

Overcoming Physical Challenges

19min

The Power of Investing in Self-Storage

11min

Learning the Ropes of Real Estate Auctions and Property Protection

3min

The Best Time for Beginners to Get into Real Estate

8min

Advantages of Investing in Self-Storage Facilities

13min

Maximizing Returns and Adapting to Market Conditions

13min

AJ's Membership in Drunk Real Estate and Appreciation for Him

2min

Self-storage investing saved AJ Osborne’s life. After sudden paralysis and being left in a coma, AJ was fired from his job. He couldn’t work, walk, breathe, or do anything without assistance. Strapped to a hospital bed, with only the ability to blink “yes” or “no” to the doctors, AJ didn’t have to worry about bills getting paid or whether his kids would have a happy Christmas—self-storage took care of his finances while he miraculously recovered.

For this reason and many others, self-storage may be the best real estate investment on the planet. But you’ve probably never considered it or looked into buying a facility. For less money, self-storage facilities produce more cash flow, less headache, and significantly lower risk than rentals. Even better? There are no clogged toilets or broken refrigerators. Just four walls and a metal door—that’s the entire investment.

In today’s show, you’ll be brought to the light side, seeing how self-storage, a traditionally unsexy asset class, beats rental properties in almost every way imaginable, plus how this asset was able to save AJ’s life and financial future. AJ even explains why now may be the BEST time to get into self-storage.

In This Episode We Cover:

AJ’s unbelievable story from paralysis to comatose to walking and making millions

How to make progress in your life or business during times of severe physical or mental pain

The “greatest thing” that ever happened to AJ that made him a success

Why self-storage facilities beat rental properties in almost every way imaginable

AJ’s self-storage playbook and how he finds the best facilities to buy

Investing in 2023/2024 and why now may be the PERFECT time to buy a facility

Why self-storage makes the perfect “recession-resistant” asset

And So Much More!

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