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533: No Tenants, Toilets, or Trash? It's Possible, Through Self Storage w/ Paul Moore

533: No Tenants, Toilets, or Trash? It's Possible, Through Self Storage w/ Paul Moore

FromBiggerPockets Real Estate Podcast


533: No Tenants, Toilets, or Trash? It's Possible, Through Self Storage w/ Paul Moore

FromBiggerPockets Real Estate Podcast

ratings:
Length:
68 minutes
Released:
Nov 18, 2021
Format:
Podcast episode

Description

It’s easy to get caught up in the world of residential real estate investing. Maybe buy a single-family buy-and-hold deal, or try and flip a house, or why not BRRRR? But, residential real estate comes with many challenges: complicated evictions, clogged toilets, a noisy tenant in your upstairs unit, and many, many more. But, there is an asset class you can invest in without toilets, tenants, or trash problems.Paul Moore, author, capital raiser, and real estate educator joins us to talk about his newest obsession: self storage investing. Why self storage? Maybe it’s because nobody is living in the property, or that many existing facilities have HUGE value-add potential, or maybe it’s the tax savings, or the ability to increase equity by hundreds of thousands, if not millions, seemingly overnight.There are so many reasons why self storage investing could be one of the greatest yet rarely spoken of assets in the world of real estate investing. Wondering how you can get started in this high-profit, low-maintenance investing world? Grab Paul’s new book, Storing Up Profits!In This Episode We Cover:Why commercial real estate allows you to build wealth faster, smarter, and with scale The four strategies you can use to build your self storage empire The massive tax-saving strategies you may be missing out onLooking for value-add that’s hidden in plain sightThe seven paths a new investor can take to get started in the self storage industryIncome opportunities that could turn thousands in revenue into millions in equityAnd So Much More!Links from the ShowBiggerPockets ForumsBiggerPockets BlogsBiggerPockets Podcast 285: 3 Reasons Multifamily Rentals Might Be the Perfect Investment with Paul MooreBiggerPockets Podcast 286: $13M in Equity from One Deal & Cash Flowing Despite Being Comatose with AJ OsbornePaul Moore’s Blogs in BiggerPockets BlogBlackstoneU-HaulAirbnbForbesAmazonWellings CapitalSam ZellJ Scott's Personal WebsiteTarl Yarber's BiggerPockets ProfileGary KellerJeff BezosTom Wheelwright's Personal WebsiteCheck the full show notes here: https://biggerpockets.com/show533See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Released:
Nov 18, 2021
Format:
Podcast episode

Titles in the series (100)

Imagine you are friends with hundreds of real estate investors and entrepreneurs. Now imagine you can grab a beer with each of them and casually chat about failures, successes, motivations, and lessons learned. That’s what The BiggerPockets Podcast delivers. Co-hosted by Brandon Turner and David Greene, this podcast provides actionable advice from investors and other real estate professionals every week. The show won’t tell you how to “get rich quick” or sell you a course, boot camp, or guru system; instead, the BiggerPockets Podcast will give you real strategies that work for real people. Start listening and join the over one million members who are learning to invest so they need Bigger Pockets! Visit biggerpockets.com, and follow Joshua Dorkin @jrdorkin, Brandon Turner @BrandonAtBP and David Greene @DavidGreene24.