

The Pro's and Con's of Self Storage Investing - with Fernando Angelucci | TLS153
He has done $50mm in self storage transactions in the last 3 years. He owns 600,000 square feet of storage. He did all of this before he turned 30.
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WE DISCUSS:
- His early introduction to real estate through self-education.
- Leaving his job to start his real estate journey.
- Their three main subsets of self-storage
- Managing his business amidst the pandemic.
- His initial portfolio from 2013-2016.
- How he got his business partner.
- The factors he considered in transitioning from multifamily to self-storage.
- The downsides of a self-storage business.
- The value add component in the mom and pop self-storage.
- The importance of having a team of consultants.
KEY QUOTE:
I cannot stress enough the importance of third-party market studies when getting into the self-storage space.
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