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50: Self Storage: The Misunderstood Money Maker Most Investors Overlook w/AJ Osborne

50: Self Storage: The Misunderstood Money Maker Most Investors Overlook w/AJ Osborne

FromOn The Market


50: Self Storage: The Misunderstood Money Maker Most Investors Overlook w/AJ Osborne

FromOn The Market

ratings:
Length:
60 minutes
Released:
Nov 7, 2022
Format:
Podcast episode

Description

Self storage investments aren't sexy. Most investors wrote them off for decades, with many of them not even considering self storage as true real estate. As more facilities were being built in the 1970s and 1980s, average investors looked down on self storage operators, seeing them as nothing more than owners of some concrete and metal. And who could blame them? Apartments, hotels, and other popular real estate ventures had proven track records, industry-specific technology, and a true “need” in the market. It wasn’t until after 2008 that this perception completely changed.
AJ Osborne, one of the largest self storage operators in the world, built his business at a time when no one wanted to touch self storage. But, as his portfolio grew and the industry turned around, more and more investors saw self storage for what it was: a low-risk, high-cash flow real estate investment. But now, with self storage hitting its all-time high in popularity, could the market slowly be getting saturated?
AJ has theories about who will and won’t get burnt over the next few years. His strong opinion on this industry is backed by a massive amount of expertise that few can rival. AJ, unlike many of his competitors, does NOT think that self storage is “recession-proof,” but he does still think that investing in this asset correctly, especially now, could be a game changer for any investor interested in a life of financial freedom.
In This Episode We Cover
AJ’s journey from insurance salesman to full-body paralysis and later self storage king
Why self storage is a misunderstood asset that most investors dismiss too easily
The explosion in self storage since 2008 and why Americans are storing more than ever before
Commercial financing and what banks want to see when buying a self storage facility
Whether or not institutional investors could own the entirety of the self storage industry in the near future
Location, lighting, design, and other aspects that make a facility high demand 
AJ’s advice for brand-new investors trying to get started in self storage investing
And So Much More!
Links from the Show
Find an Investor-Friendly Real Estate Agent
BiggerPockets Forums
BiggerPockets Agent
BiggerPockets Bootcamps
Join BiggerPockets for FREE
On The Market
Join the Future of Real Estate Investing with Fundrise
Connect with Other Investors in the “On The Market” Forums
Subscribe to The “On The Market” YouTube Channel
Dave’s BiggerPockets Profile
Dave’s Instagram
James' BiggerPockets Profile
James' Instagram
BiggerPockets Podcast 286
Connect with AJ:
AJ's BiggerPockets Profile
AJ's Instagram
AJ's Website

Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-50
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Released:
Nov 7, 2022
Format:
Podcast episode

Titles in the series (100)

The modern real estate investor doesn’t have time to research every headline and trend. That’s why BiggerPockets' Dave Meyer and his expert panel do it for you. Learn how to invest smarter in today’s economic environment.