The Source of Commercial Real Estate cover image

The Source of Commercial Real Estate

The Opportunity in Self Storage is Right Now with Joe Downs

Apr 22, 2025
Joe Downs, CEO of the Bellrose Group and expert in self-storage, discusses the immense opportunities available in the self-storage market today. He shares his inspiring journey from financial advisor to successful investor, emphasizing resilience and innovative management techniques. The conversation highlights how technology and changing customer behavior are reshaping the industry. Downs also addresses risks like market saturation, while maintaining an optimistic outlook driven by demographic shifts and e-commerce growth, urging listeners to seize the moment.
40:57

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • The aging population of mom-and-pop operators in self-storage presents a unique investment opportunity as many facilities become available for sale.
  • Technological advancements in self-storage management enhance operational efficiency and customer experience, catering to the needs of a digital-savvy clientele.

Deep dives

Self-Storage Investment Opportunities

The current real estate market presents significant opportunities for investing in self-storage facilities, particularly due to the high percentage of these properties owned by retiring mom-and-pop operators. This demographic shift indicates that many facilities may soon come onto the market as owners age and seek to exit the business. Additionally, investors can acquire self-storage properties at relatively low prices, often below one million dollars, and implement effective management strategies to increase their value. With many facilities struggling post-COVID and inflation impacting other segments, self-storage properties are viewed as being 'on sale', making it an ideal time for savvy investors to enter the market.

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner