Make Money with Self Storage | Fernando Angelucci

Dec 1, 2025

Fernando Angelucci, a self-storage investor with over $200M in transactions, shares his inspiring journey from a corporate job to real estate investor. He discusses how he pivoted to self-storage for its scalability and lower management burdens. Fernando outlines a step-by-step guide for wholesaling self-storage deals and highlights key underwriting metrics for success. He also shares the importance of persistence and relationship-building in closing deals, alongside innovative seller-financing strategies that help navigate market challenges.

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ANECDOTE

From Painting Houses To Real Estate

Fernando started painting houses at 19 and ran the business while in school to learn entrepreneurship.
He then replaced his corporate income by flipping houses and moving into multifamily before switching to self-storage.

ANECDOTE

Risky Credit-Card Funding

Fernando funded early deals by applying for 60 credit cards and cash advanced $97K, which he now warns against.
His first transaction lost $30K and taught him expensive but valuable lessons about funding risk.

ADVICE

Start With Wholesaling To Learn

Wholesaling means contracting a property, then assigning that contract to another investor for a fee without taking title.
Use wholesaling to learn deal flow with low capital at risk while selling to more experienced buyers.

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Fernando Angelucci is a self-storage investor and syndicator who’s transacted on over $200M worth of self-storage facilities across dozens of states in just six years. After starting in house painting, flipping, and multifamily, he ditched the “three T’s” (tenants, toilets, trash) and went all-in on self storage, where he now specializes in wholesaling, value-add deals, and creative seller-financed structures—while spending most of the year living abroad.

On this episode we talk about:

Fernando’s journey from immigrant parents and a Fortune 50 corporate job to full-time real estate investor
How he used 60 credit cards and $97K in high-interest debt to launch his flipping business (and why he doesn’t recommend it)
Why he pivoted from flipping and rentals into self storage and what makes the asset class so attractive
How to wholesale self-storage deals step-by-step, from building lists to skip tracing to talking with owners
The key underwriting metrics he uses (supply index, price per square foot, occupancy, and competition)
How he structures creative seller-financed deals (multiple offer structures, master lease options, and more)
The importance of reps, rejection, accountability, and public goals in getting your first deal done

Top 3 Takeaways

Self storage is a powerful, scalable niche. With roughly two-thirds of facilities owned by mom-and-pop operators, there’s a massive opportunity to buy under-managed properties, modernize operations (web presence, pricing, tech), and quickly increase NOI.
Wholesaling self storage is a low-capital way to start. By buying data, skip tracing owners, building relationships, and assigning contracts, you can generate large fees without taking title or raising huge amounts of capital—while learning the business from inside the deal flow.
Creative financing unlocks deals banks won’t touch. By really listening to an owner’s “why” (retirement income, grandkids’ tuition, travel), you can craft seller-financed structures, second-position notes, and master leases that solve their problem and allow you to acquire cash-flowing assets with minimal money down.

Notable Quotes

“Once you get comfortable with people saying no and failure, then you just realize it’s reps. That’s all you gotta do—reps.”
“If you’re always 100% full, that’s not a good thing in self storage. It means your rents are too low.”
“Too many people rush to get a contract. Slow down and find the why behind the why—then structure the deal around that.”

Connect with Fernando Angelucci:

Website / Investing: https://ssse.com

Instagram: https://www.instagram.com/thestoragestud

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