Self Storage Income

Welcome to the Self Storage Income Podcast! Today Conner and AJ talk about legitimate tools you can use on your journey to success.  You've seen the clickbait, you've been told to have a special morning routine, you've already heard "The One Thing You Need to Do to Become Wealthy." There is no one way, there is no big secret, and it won't be instant. The world is ever evolving and there are so many different ways to be successful. You are already on your journey! It's time to be successful in your own unique way and you can use these tools to continue moving forward.  Want to take advantage of todays market conditions with us? Invest in our opportunistic Fund 2 Here: https://cedar.cc/invest Join my Inner Circle! An exclusive mastermind for real estate investors seeking the most advanced strategies and resources in the world for generating wealth and passive income through self storage investing. https://www.selfstorageincome.com/inner-circle  Join our Facebook Community to talk and learn with our 300+ members today. - https://www.selfstorageincome.com/ssi-monthly-membership  Contact us for more information about working with our architect. - https://www.selfstorageincome.com/contact  Our Sponsor - Tenant Inc. - https://www.tenantinc.com/ Grab AJ's audiobook Growing Wealth in Self Storage for FREE: - https://www.selfstorageincome.com/free-audiobook Thanks for listening!  

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. Want to take advantage of todays market conditions with us? Invest in our opportunistic Fund 2 Here: https://cedar.cc/invest Join my Inner Circle! An exclusive mastermind for real estate investors seeking the most advanced strategies and resources in the world for generating wealth and passive income through self storage investing. https://www.selfstorageincome.com/inner-circle  Contact us for more information about working with our architect. - https://www.selfstorageincome.com/contact  Our Sponsor - Tenant Inc. - https://www.tenantinc.com/ Grab my audiobook Growing Wealth in Self Storage for FREE: https://www.selfstorageincome.com/free-audiobook

What a great week at the Inside Self Storage Expo! We just got back from Las Vegas where the ISS event was held. One of the biggest topics they covered was Automation and AI integration, with both private companies and public REITs all interested - so let's talk about it!  AI has been adopted across industries almost immediately - decades faster than the Internet was adopted initially. Is this just hype? Or is this an industry changing force that will impact everyone - including investors, operators, and the industry as a whole?  We can help you figure out what type of loan or financing structure you need, and where you can get funding for your deal: https://www.cedarcreekwealth.com/debt Our partners: Tenant Inc. - https://www.tenantinc.com/ Grab my audiobook Growing Wealth in Self Storage for FREE: https://www.selfstorageincome.com/free-audiobook

The Self Storage market is undergoing an unprecedented time of change and fluctuation. Everything is being affected - buying & selling, cap rates, tenant occupancies, and more. If you are new to the market - or trying to get into the market with your first deal - what does this meant for you? We know Self Storage is connected to residential housing. Does that mean we will experience the same desperation, skyrocketing debt, or foreclosures?  Interest rates right now are extremely high, but prices have not come down. Leasing season - summer time - is coming up soon. What are WE doing to prepare? And how can you benefit? Formerly an airline pilot, Ryan Gibson transitioned to real estate when he co-founded of Spartan Investment Group in 2013. Scott Lewis, his partner, and Ryan both wanted to be in an asset class that was uncorrelated with the market and it's extrinsic influences. Ever since, he's been growing his self storage portfolio to over 4 million square feet across a multitude of states. We're excited to have him share his insight into the market as it stands today! Find out more about Ryan and Spartan here: spartan-investors.com Need help funding a deal? We can help you figure out what type of loan or financing structure you need, and where you can get them. Just send us a message here: https://www.cedarcreekwealth.com/debt Our partners: Want to take advantage of todays market conditions with us? Invest in our opportunistic Fund 2 Here: https://cedar.cc/invest Join my Inner Circle! An exclusive mastermind for real estate investors seeking the most advanced strategies and resources in the world for generating wealth and passive income through self storage investing. https://www.selfstorageincome.com/inner-circle  Tenant Inc. - https://www.tenantinc.com/ Grab my audiobook Growing Wealth in Self Storage for FREE: https://www.selfstorageincome.com/free-audiobook

There has been a major development in the self storage industry. One of the biggest REITs in the space, ExtraSpace, has merged with Life Storage for a record $12.7 billion, making it the largest merger in the Self Storage industry by FAR. Where will this take us and what does it mean for the self storage world? For years, we've talked about market consolidation in this space. The sheer market size of this merger can tell us a lot. Public Storage even joined in on the fun.  This is not just some "big news" you seen on the Wall Street Journal. This WILL affect your state, your city, and your market. It's been building up for years - and it's finally come to fruition.  Let's break it down in this episode of Self Storage Income!  Need help funding a deal? We can help you figure out what type of loan or financing structure you need, and where you can get them. Just send us a message here: https://www.cedarcreekwealth.com/debt Our partners: Want to take advantage of todays market conditions with us? Invest in our opportunistic Fund 2 Here: https://cedar.cc/invest Join my Inner Circle! An exclusive mastermind for real estate investors seeking the most advanced strategies and resources in the world for generating wealth and passive income through self storage investing. https://www.selfstorageincome.com/inner-circle  Tenant Inc. - https://www.tenantinc.com/ Grab my audiobook Growing Wealth in Self Storage for FREE: https://www.selfstorageincome.com/free-audiobook  

In the midst of the recent bank collapses, economists and investors alike are shuddering at the impact of high cost of capital and the Fed's continual interest rate hikes. Banks are extremely nervous and wary of investments - all investments. INCLUDING storage. Why is this happening, and how will it affect us? When we saw storage being oversupplied with falling demand, we knew a bubble was coming. Now it's here.  When we look at investing in self storage, we always underwrite a "worst case scenario" - what will happen to our money if rates spike or cashflow wasn't as expected? There's a time and place to be buying or be holding back. We've done this before back in 2017 - but how do you know what to do when the market shifts?  Need help funding a deal? We can help you figure out what type of loan or financing structure you need, and where you can get them. Just send us a message here: https://www.cedarcreekwealth.com/debt Our partners: Live Oak Bank - liveoakbank.com/incomepodcast Tenant Inc. - https://www.tenantinc.com/ Janus International - https://www.janusintl.com/ Grab my audiobook Growing Wealth in Self Storage for FREE: https://www.selfstorageincome.com/free-audiobook 

Mike Burnam, CEO of StorageMart with over 42 years of experience in the self storage industry, discusses the current state of self storage markets, including debt challenges, remote-controlled facilities, and the impact of technology on the industry. With large competitors experimenting with digital solutions, smaller markets are being impacted while high population areas adapt to these changes.

The economy is shuttering: with the Fed raising rates trying to slow down inflation, banks are responding differently to investors than they used to. Developments aren't getting approved as much as they used to. What does this mean if you are wanting to invest in, build, or acquire a new storage facility?  Today we are joined by Anna Taylor, who is the head of Self-Storage Lending at Live Oak Bank and she is an absolute self storage lending expert. She's kept a close eye on the industry over the last decade. We talk about the market conditions right now, what she's seeing from a lending perspective, and what needs to be done prior to obtaining the loans and financing you may need.  Need help funding a deal? We can help you figure out what type of loan or financing structure you need, and where you can get them. Just send us a message here: https://www.cedarcreekwealth.com/debt Our partners: Live Oak Bank - liveoakbank.com/incomepodcast Tenant Inc. - https://www.tenantinc.com/ Janus International - https://www.janusintl.com/ Grab my audiobook Growing Wealth in Self Storage for FREE: https://www.selfstorageincome.com/free-audiobook 

When buying a self storage facility, the sale price isn’t always market value - if it was, we’d live in a perfect world. Thats why having an appraiser come out and inspect the property can be tremendously valuable. They can tell you what exactly adds or subtracts from market value and determines the final sale price. In this episode, special guest Tim Garey from Cushman & Wakefield Self Storage sheds light on the appraisal process. With over 20 years of experience in commercial real estate, Tim has valued a wide variety of properties: shopping centers, industrial, golf courses, and...self storage!  Find out more about Cushman & Wakefield here: http://cushwakeselfstorage.com/ Need help funding a deal? We can help you figure out what type of loan or financing structure you need, and where you can get them. Just send us a message here: https://www.cedarcreekwealth.com/debt Our partners: Want to take advantage of todays market conditions with us? Invest in our opportunistic Fund 2 Here: https://cedar.cc/invest Join my Inner Circle! An exclusive mastermind for real estate investors seeking the most advanced strategies and resources in the world for generating wealth and passive income through self storage investing. https://www.selfstorageincome.com/inner-circle  Tenant Inc. - https://www.tenantinc.com/ Grab my audiobook Growing Wealth in Self Storage for FREE: https://www.selfstorageincome.com/free-audiobook 

In this special Q&A episode of Self Storage Income, we answer YOUR questions directly. We will be addressing - The State of Self Storage in 2023 - Developments: The Pros & Cons - Finding Investors for a Boat & RV Facility with much more to come. Thanks to all those to have supported us and sent us questions. You can send your own via our YouTube channel, Instagram, or Twitter.  https://www.youtube.com/@SelfStorageIncome  https://www.instagram.com/ajosborne/  https://twitter.com/AjOsborne1  Need help funding a deal? We can help you figure out what type of loan or financing structure you need, and where you can get them. Just send us a message here: https://www.cedarcreekwealth.com/debt Our partners: Live Oak Bank - liveoakbank.com/incomepodcast Tenant Inc. - https://www.tenantinc.com/ Janus International - https://www.janusintl.com/ Grab my audiobook Growing Wealth in Self Storage for FREE: https://www.selfstorageincome.com/free-audiobook  Want to invest in storage without dealing with the day-to-day operations and management? Learn more about our syndication company Cedar Creek here: https://www.cedarcreekwealth.com/