Self Storage Income
Self Storage Development - The Keys to Success with Joe Evangelisti

Self Storage Development - The Keys to Success with Joe Evangelisti

May 24, 2022

Welcome back everybody to the Self Storage Income Podcast! 

 

It’s getting pretty wild out there in regards to finding great existing self storage deals that you can just simply acquire. But that doesn’t mean there isn’t still great opportunity elsewhere, especially when you consider developing a self storage facility instead. 

 

Make no mistake, when it comes to development there’s little room for error. It’s a lengthy and uncertain process that demands expertise and relentless execution. The potential risks may be great, but the rewards can be huge. 

 

So how do you successfully  navigate the world of development? 

 

Welcome our guest and self storage development expert Joe Evangelisti. 

 

Joe gree up in the construction and development world, even serving in the United States Navy as a Seabee. After his service, he and his wife began house flipping and diving into real estate. Problem was, house flipping just wasn’t scalable enough for the goals they’d set. Like so many of us, they wanted off the treadmill and wanted to begin building REAL wealth. This lead them to commercial real estate and self storage. 

 

Joe shares a wealth of development knowledge with us on todays podcast. Listen in, take note, and find out if development is the opportunity you’ve been looking for.

 

Keep up with Joe on his website at: https://www.investwithlegacy.com/

Thanks everybody,

AJ

Invest with Cedar Creek:

https://cedarcreekwealth.investnext.com/portal/capital_raise/358/

Success doesn’t happen on an island, which is why I’ve launched the CRE Circle. Build your community, your resources, and your commercial real estate investing opportunities. That first or even next deal could be right around the corner. You can learn more about the CRE Circle and sign up here: 

https://www.thecrecircle.com/

Want to pick up my best selling book for free? You got it - just head over to the Self Storage Income website and download your free copy here: https://selfstorageincome.com/

Be sure to go to Selfstorageincome.com to get your free copy of my Self Storage Playbook. This step by step playbook walks you through from start to finish - how to identify a self storage market, how to perform due diligence, how to contact a current owner, and ultimately how to land a deal and purchase a storage facility.  

You can also find the Self Storage Income Podcast on:

The Self Storage Income Podcast is Sponsored by:

Janus International - https://www.janusintl.com/

Live Oak Bank - liveoakbank.com/incomepodcast

Tenant Inc. - https://www.tenantinc.com/

Cedar Creek Wealth: https://cedarcreekwealth.com/

Will it Crash? The Coming Bubble in Self Storage

Will it Crash? The Coming Bubble in Self Storage

May 17, 2022

Welcome to the Self Storage Income Podcast! I’m your host, AJ Osborne! 

 

That’s right… you have me, one of the biggest self storage investing cheerleaders talking about a self storage crash… Does this mean that I’m selling all my storage facilities? Ceasing operations? Shutting it all down? 

 

Not even close. 

 

In fact, my team and I are going harder than ever finding and making great deals. So why all this discussion and attention to a potential self storage crash? Because a crash is a very real potential currently, and the self storage industry is just not in the position it was before the Great Recession in 2008. All said and done, if you haven’t been investing well, and you’re banking on self storage to perform the same in the event of another recession, you’re in for a huge and potentially painful surprise. 

 

Ok, but why? Why would self storage perform differently now than it has in the past during market corrections? 

 

Well, I shot out a series of posts on Twitter that outlines and explains this whole thing in extreme detail. Needless to say, it got a TON of views and got a lot of people talking. 

 

That said, I had to do a podcast to go even more in depth as to what I’m seeing and what we should absolutely be planning for as self storage investors.

 

We will be going over a lot of data in this podcast, so we decided to make this one into a special video episode on our YouTube channel! You won't miss anything just tuning in as usual, but if you are a more visual person, you'll want to check it out!

Video version: https://youtu.be/Sm0pZsLkxoo

 

Enjoy, take note, and ensure you’re investing in only the best self storage deals. 

Thanks everybody,

AJ

Invest with Cedar Creek:

https://cedarcreekwealth.investnext.com/portal/capital_raise/358/

Success doesn’t happen on an island, which is why I’ve launched the CRE Circle. Build your community, your resources, and your commercial real estate investing opportunities. That first or even next deal could be right around the corner. You can learn more about the CRE Circle and sign up here: 

https://www.thecrecircle.com/

Want to pick up my best selling book for free? You got it - just head over to the Self Storage Income website and download your free copy here: https://selfstorageincome.com/

Be sure to go to Selfstorageincome.com to get your free copy of my Self Storage Playbook. This step by step playbook walks you through from start to finish - how to identify a self storage market, how to perform due diligence, how to contact a current owner, and ultimately how to land a deal and purchase a storage facility.  

You can also find the Self Storage Income Podcast on:

The Self Storage Income Podcast is Sponsored by:

Janus International - https://www.janusintl.com/

Live Oak Bank - liveoakbank.com/incomepodcast

Tenant Inc. - https://www.tenantinc.com/

Cedar Creek Wealth: https://cedarcreekwealth.com/

Starting and Growing a Successful Self Storage Business with Chris Ramsey

Starting and Growing a Successful Self Storage Business with Chris Ramsey

May 10, 2022

Welcome back everybody to the one and only Self Storage Income Podcast - this is your host, AJ Osborne!

I have yet another incredible guest lined up for you on the podcast today - we have self storage investor and entrepreneur Chris Ramsey. Hailing from the moving business, Chris and his family weren’t too far off the mark when it came to looking at self storage.

Chris actually developed a software for moving companies that also helped gather data about those individuals moving and their needs throughout that process. As you might imagine, this gave great insight for Chris in identifying the majority of people’s obvious need for self storage.

We cover a variety of topics on today’s podcast but to share a few - we discuss the importance of identifying product market fit and supplying a market with the self storage product that is actually in high demand. We also talk about the king of good self storage markets - DEMAND. Outside of this, we discuss some industry changes, what we’re seeing and experiencing in self storage, and more.

You can connect with Chris on Twitter here: https://twitter.com/ChrisRamsey60

Thanks everybody!
AJ

Invest with Cedar Creek:
https://cedarcreekwealth.investnext.com/portal/capital_raise/358/

Success doesn’t happen on an island, which is why I’ve launched the CRE Circle. Build your community, your resources, and your commercial real estate investing opportunities. That first or even next deal could be right around the corner. You can learn more about the CRE Circle and sign up here:
https://www.thecrecircle.com/

Want to pick up my best selling book for free? You got it - just head over to the Self Storage Income website and download your free copy here: https://selfstorageincome.com/

Be sure to go to Selfstorageincome.com to get your free copy of my Self Storage Playbook. This step by step playbook walks you through from start to finish - how to identify a self storage market, how to perform due diligence, how to contact a current owner, and ultimately how to land a deal and purchase a storage facility.

You can also find the Self Storage Income Podcast on:
iTunes
Spotify
Stitcher

The Self Storage Income Podcast is Sponsored by:
Janus International - https://www.janusintl.com/
Live Oak Bank - liveoakbank.com/incomepodcast
Tenant Inc. - https://www.tenantinc.com/
Cedar Creek Wealth: https://cedarcreekwealth.com/

Self Storage Investment Funds & The Risks You Need to Know

Self Storage Investment Funds & The Risks You Need to Know

May 3, 2022

Welcome back to the Self Storage Income Podcast!

 

As per usual - I’m one of the biggest cheerleaders that the self storage industry has ever seen. This doesn’t mean though that self storage is without its thorns or pitfalls. Don’t buy into the hype - there are very real risks of investing actively or passively in self storage. 

 

Unfortunately, there are a lot of people out there who have built businesses around this idea that self storage can’t fail. Not only does this expose them and their business to massive amounts of unnecessary risk, it exposes their investors. 

 

So what gives? How can we tell the difference between a good self storage investment and a bad self storage investment? 

 

I can’t answer this for you fully - but there are certainly some investing fundamentals that you should absolutely know and be considering. This is exactly what we’re going to be talking about on today’s podcast. So don’t miss this one! 

 

Thanks everybody,

AJ

 

Invest with Cedar Creek:

https://cedarcreekwealth.investnext.com/portal/capital_raise/358/

 

Success doesn’t happen on an island, which is why I’ve launched the CRE Circle. Build your community, your resources, and your commercial real estate investing opportunities. That first or even next deal could be right around the corner. You can learn more about the CRE Circle and sign up here: 

https://www.thecrecircle.com/

 

Want to pick up my best selling book for free? You got it - just head over to the Self Storage Income website and download your free copy here: https://selfstorageincome.com/

 

Be sure to go to Selfstorageincome.com to get your free copy of my Self Storage Playbook. This step by step playbook walks you through from start to finish - how to identify a self storage market, how to perform due diligence, how to contact a current owner, and ultimately how to land a deal and purchase a storage facility.  

 

You can also find the Self Storage Income Podcast on:

 

The Self Storage Income Podcast is Sponsored by:

Janus International - https://www.janusintl.com/

Live Oak Bank - liveoakbank.com/incomepodcast

Tenant Inc. - https://www.tenantinc.com/

Cedar Creek Wealth: https://cedarcreekwealth.com/

 

Going All In on Self Storage Investing with Jeremiah Boucher

Going All In on Self Storage Investing with Jeremiah Boucher

April 26, 2022

Welcome back everybody to the Self Storage Income Podcast!

That’s right! We have my great friend and the one and only Jeremiah Boucher on the podcast today for his second appearance here with us. If you haven’t listened to Jeremiah’s first episode, check out the link below and be sure to listen to that as well.

Since his last appearance here on the podcast, Jeremiah has been doing what most great investors have… building a great team and a company that can execute on great deals. From manufactured housing and communities, to self storage, Jeremiah has experience across numerous commercial real estate asset classes - that said, he brings an absolute wealth of knowledge.

Today we talk about opportunity and how to identify it, matching your skill set with those opportunities, investing versus actually building a real estate business, and of course, we talk about something new and exciting he has going on - the release of his new book ‘Finding Your Edge - How to Win at the Game of Commercial Real Estate Investing’.

Listen in, take note, and get ready to learn!

Check out Jeremiah’s company Patriot Holdings here: https://www.patriotholdings.com/

Thanks everybody,
AJ

Jeremiah’s First Self Storage Income Episode:
Foreclosure to $150 Million with Jeremiah Boucher

Invest with Cedar Creek:
https://cedarcreekwealth.investnext.com/portal/capital_raise/358/

Success doesn’t happen on an island, which is why I’ve launched the CRE Circle. Build your community, your resources, and your commercial real estate investing opportunities. That first or even next deal could be right around the corner. You can learn more about the CRE Circle and sign up here:
https://www.thecrecircle.com/

Want to pick up my best selling book for free? You got it - just head over to the Self Storage Income website and download your free copy here: https://selfstorageincome.com/

Be sure to go to Selfstorageincome.com to get your free copy of my Self Storage Playbook. This step by step playbook walks you through from start to finish - how to identify a self storage market, how to perform due diligence, how to contact a current owner, and ultimately how to land a deal and purchase a storage facility.

You can also find the Self Storage Income Podcast on:
iTunes
Spotify
Stitcher

The Self Storage Income Podcast is Sponsored by:
Janus International - https://www.janusintl.com/
Live Oak Bank - liveoakbank.com/incomepodcast
Tenant Inc. - https://www.tenantinc.com/
Cedar Creek Wealth: https://cedarcreekwealth.com/

How to Raise Capital the LEGAL Way with Attorney Bethany LaFlam

How to Raise Capital the LEGAL Way with Attorney Bethany LaFlam

April 19, 2022

Welcome back everybody to the Self Storage Income Podcast! I’m your host AJ Osborne! 

 

Just a heads up - if you plan on raising capital to fund deals… you NEED to listen to this episode. 

 

We hear it a lot in real estate investing - “you don’t need your own money to get into real estate invest!”, or “get into real estate investing with low or no money!” So of course this means securing capital to do deals from another source - this means using other people’s money, or OPM. 

 

Seems pretty straight forward… you have a deal, know the numbers, and know how much capital you need to secure to execute, and now you just need to secure that capital from others. Now enter the U.S. Government and regulation… (that escalated quickly!). 

 

This isn’t some big scary warning meant to discourage you from using OPM or raising capital, but it is a statement - as with anything, you need to know what you’re doing to ensure you do things right. Which is why we have an incredible guest on the podcast today my friend and attorney Bethany LaFlam. 

 

Bethany brings with her today over 20 years of experience in law centered around real estate syndication and funds. If you plan on raising money to fund your deals this is the episode you won’t want to miss. We talk everything from the various structures in which you can form a deal and raise money, to the importance between these structures, what you can and can’t do within those structures, and more.  

 

If you’d like to connect with Bethany and her team with Premier Law Group, you can do so here:

https://www.premierlawgroup.net/

 

Thanks everybody! 

AJ 

 Invest with Cedar Creek:

https://cedarcreekwealth.investnext.com/portal/capital_raise/358/

 

Success doesn’t happen on an island, which is why I’ve launched the CRE Circle. Build your community, your resources, and your commercial real estate investing opportunities. That first or even next deal could be right around the corner. You can learn more about the CRE Circle and sign up here: 

https://www.thecrecircle.com/

 

Want to pick up my best selling book for free? You got it - just head over to the Self Storage Income website and download your free copy here: https://selfstorageincome.com/

 

Be sure to go to Selfstorageincome.com to get your free copy of my Self Storage Playbook. This step by step playbook walks you through from start to finish - how to identify a self storage market, how to perform due diligence, how to contact a current owner, and ultimately how to land a deal and purchase a storage facility.  

 

You can also find the Self Storage Income Podcast on:

 

The Self Storage Income Podcast is Sponsored by:

Janus International - https://www.janusintl.com/

Live Oak Bank - liveoakbank.com/incomepodcast

Tenant Inc. - https://www.tenantinc.com/

Cedar Creek Wealth: https://cedarcreekwealth.com/

 

Insuring Your Storage Facility the RIGHT Way with Insurance Expert Gary Kelley

Insuring Your Storage Facility the RIGHT Way with Insurance Expert Gary Kelley

April 12, 2022

Welcome back everybody to the Self Storage Income Podcast! This is your host AJ Osborne!

I’m a huge proponent of protecting my investments with the best and most ironclad solutions available. One such solution is insurance. If I can insure something… I get the absolute most and the absolute best. But how do you know what the best is?

That’s why I’m bringing in the expert himself - Gary Kelley with Rice Insurance.

Gary shares why and how the self storage industry differs from others in regard to the type of insurance you need and what you need to be looking for, he shares the key pieces that a lot of self storage owner/operators miss, and how the overall insurance solutions fits into and works with your business model of self storage.

You can get in touch with Gary via email: Gary@riceinsurance.com

Or you can check out the Rice Insurance website: https://www.riceinsurance.com/

Thanks for listening everybody,
AJ

You can also find the AJ Osborne Podcast on:
iTunes: https://podcasts.apple.com/us/podcast/aj-osborne-podcast/id1466437301
Spotify: https://open.spotify.com/show/6Py4hxvj5Yh1rRpat7mkro?si=5cd7f293c3fd416c
Stitcher: https://www.stitcher.com/show/cash-flow-2-freedom

Be sure to keep up with me on the AJ Osborne website:
https://ajosborne.com/

You can also follow and keep up with me on social media:
Instagram: https://www.instagram.com/ajosborne/

Interested in Self Storage Investing? Then check out my website Self Storage Income and listen to the Self Storage Income Podcast: https://www.selfstorageincome.com/

You Need to Invest in Self Storage Right Now - Here’s Why

You Need to Invest in Self Storage Right Now - Here’s Why

April 5, 2022

Welcome back everybody to the Self Storage Income Podcast! This is your host AJ Osborne! 

 

Check out the video version of this episode here!

https://youtu.be/QbnlcqVaCo8

 

As you might already know, investing in self storage has gotten quite the reputation recently. We have large funds bringing billions of dollars into the industry. Not only is the money coming in billions, the market is consolidating at a much more rapid pace than we could have ever imagined. Yes, this rapid market consolidation is one huge reason you should get into self storage investing right now. 

 

Some other reasons? 

 

Well you don’t have to look far to see that inflation is at an all time high and if you’re not playing the game and investing in assets, you’re sitting on the sidelines and paying big bucks to watch. Not only this, but self storage has actually had a 26 year long winning spree (more on this in the episode). 

 

All said and done, there are various factors that we’re going to cover in today’s podcast that only further solidify the fact that right now is absolutely one of the most critical and best times to get into self storage investing. 

Thanks for listening everybody, 

AJ

Invest with Cedar Creek:

https://cedarcreekwealth.investnext.com/portal/capital_raise/358/

Success doesn’t happen on an island, which is why I’ve launched the CRE Circle. Build your community, your resources, and your commercial real estate investing opportunities. That first or even next deal could be right around the corner. You can learn more about the CRE Circle and sign up here: 

https://www.thecrecircle.com/

Want to pick up my best selling book for free? You got it - just head over to the Self Storage Income website and download your free copy here: https://selfstorageincome.com/

Be sure to go to Selfstorageincome.com to get your free copy of my Self Storage Playbook. This step by step playbook walks you through from start to finish - how to identify a self storage market, how to perform due diligence, how to contact a current owner, and ultimately how to land a deal and purchase a storage facility.  

You can also find the Self Storage Income Podcast on:

The Self Storage Income Podcast is Sponsored by:

Janus International - https://www.janusintl.com/

Live Oak Bank - liveoakbank.com/incomepodcast

Tenant Inc. - https://www.tenantinc.com/

Cedar Creek Wealth: https://cedarcreekwealth.com/

Self Storage Financing - How to do it Right

Self Storage Financing - How to do it Right

March 29, 2022

Show Notes: 

Welcome back everybody to the Self Storage Income Podcast! 

 

That’s right! We’re talking about a super important part of a self storage investing deal… the financing. 

 

Luckily for us, there are currently a lot more financing tools and willing lenders nowadays than there used to be (man that makes me feel old… lol). Whether you’re going the SBA route, hard money lending, using your own cash, etc. there are obviously certain fundamentals of self storage financing that we need to look at and fully understand. After all, we’re only as good as the tools we have available, and actually KNOW how to use. Not only that, we need to have financing contingencies in place and more to cover all the bases and help ensure our deals actually get done. 

 

We’re going to dive into all this today and help shed some much needed light on the funding and financing of self storage deals. 

 

As always, thank you all for your support! 

AJ

Invest with Cedar Creek:

https://cedarcreekwealth.investnext.com/portal/capital_raise/358/

 

Success doesn’t happen on an island, which is why I’ve launched the CRE Circle. Build your community, your resources, and your commercial real estate investing opportunities. That first or even next deal could be right around the corner. You can learn more about the CRE Circle and sign up here: 

https://www.thecrecircle.com/

 

Want to pick up my best selling book for free? You got it - just head over to the Self Storage Income website and download your free copy here: https://selfstorageincome.com/

 

Be sure to go to Selfstorageincome.com to get your free copy of my Self Storage Playbook. This step by step playbook walks you through from start to finish - how to identify a self storage market, how to perform due diligence, how to contact a current owner, and ultimately how to land a deal and purchase a storage facility.  

 

You can also find the Self Storage Income Podcast on:

 

The Self Storage Income Podcast is Sponsored by:

Janus International - https://www.janusintl.com/

Live Oak Bank - liveoakbank.com/incomepodcast

Tenant Inc. - https://www.tenantinc.com/

Cedar Creek Wealth: https://cedarcreekwealth.com/

Skipping College Class to Millionaire Real Estate Investor - Hayden Crabtree

Skipping College Class to Millionaire Real Estate Investor - Hayden Crabtree

March 21, 2022

Welcome back everybody to the Self Storage Income Podcast! This is your host, AJ Osborne! 

 

I have a good friend and fellow self storage investor Hayden Crabtree on the podcast today to talk all things getting started in self storage investing and a pretty incredible piece of technology that he's been working on and is bringing into the world of commercial real estate. 

 

After deciding the college route wasn't for him, he decided to get a mentor and started into real estate investing. And find a mentor he did - Hayden linked up with a successful investor and worked for them for free just for the opportunity to learn and surround himself with the right people. Soon after that, he started working for equity in the deals that they were making. 

 

Since then, Hayden has experienced numerous real estate investment successes (and some set-backs of course), and is now putting a huge emphasis on self storage investing. 

 

We're going to talk about how he found his first deal, the lessons he learned, the mistakes he made, and why he's decided that self storage is the place to be all in. We then of course jump into the awesome piece of tech that he's working on - My Property Stats. I'm not going to dive into it here, but My Property Stats is probably one of THE most needed tools in the real estate investment industry. Listen to learn more and be sure to check out the link below. 

 

Also be sure to pick up a copy of Hayden's best selling book 'Skip the Flip' that has a wealth of knowledge and insights for anyone wanting to immediately get into the commercial real estate investing game. 

 

Thanks everybody,

AJ

 

 

Invest with Cedar Creek:

https://cedarcreekwealth.investnext.com/portal/capital_raise/358/

Success doesn’t happen on an island, which is why I’ve launched the CRE Circle. Build your community, your resources, and your commercial real estate investing opportunities. That first or even next deal could be right around the corner. You can learn more about the CRE Circle and sign up here: 

https://www.thecrecircle.com/

Want to pick up my best selling book for free? You got it - just head over to the Self Storage Income website and download your free copy here: https://selfstorageincome.com/

Be sure to go to Selfstorageincome.com to get your free copy of my Self Storage Playbook. This step by step playbook walks you through from start to finish - how to identify a self storage market, how to perform due diligence, how to contact a current owner, and ultimately how to land a deal and purchase a storage facility.  

You can also find the Self Storage Income Podcast on:

The Self Storage Income Podcast is Sponsored by:

Janus International - https://www.janusintl.com/

Live Oak Bank - liveoakbank.com/incomepodcast

Tenant Inc. - https://www.tenantinc.com/

Cedar Creek Wealth: https://cedarcreekwealth.com/

 

 

 

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