Self Storage Investment Funds & The Risks You Need to Know




Self Storage Income show

Summary: <p style="font-weight:400;">Welcome back to the Self Storage Income Podcast!</p> <p style="font-weight:400;"> </p> <p style="font-weight:400;">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. </p> <p style="font-weight:400;"> </p> <p style="font-weight:400;">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. </p> <p style="font-weight:400;"> </p> <p style="font-weight:400;">So what gives? How can we tell the difference between a good self storage investment and a bad self storage investment? </p> <p style="font-weight:400;"> </p> <p style="font-weight:400;">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! </p> <p style="font-weight:400;"> </p> <p style="font-weight:400;">Thanks everybody,</p> <p style="font-weight:400;">AJ</p> <p style="font-weight:400;"> </p> <p style="font-weight:400;">Invest with Cedar Creek:</p> <p style="font-weight:400;"><a href="https://us-east-2.protection.sophos.com/?d=investnext.com&amp;u=aHR0cHM6Ly9jZWRhcmNyZWVrd2VhbHRoLmludmVzdG5leHQuY29tL3BvcnRhbC9jYXBpdGFsX3JhaXNlLzM1OC8=&amp;i=NjFiYTc3NGRlNDYzYzgwZTQ2ZmU2OTg5&amp;t=cE94aTQyRlFIaDRsTmFvMjkvSkRNZFFRblpnK2lUN3BWWlkreW13ai9VUT0=&amp;h=8d9c63a96e034dbaa6c7edfccebcbf24">https://cedarcreekwealth.investnext.com/portal/capital_raise/358/</a></p> <p style="font-weight:400;"> </p> <p style="font-weight:400;">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: </p> <p style="font-weight:400;"><a href="https://us-east-2.protection.sophos.com/?d=thecrecircle.com&amp;u=aHR0cHM6Ly93d3cudGhlY3JlY2lyY2xlLmNvbS8=&amp;i=NjFiYTc3NGRlNDYzYzgwZTQ2ZmU2OTg5&amp;t=WVdMQ2dHY1NReWFWT2lsUENuL0FNUEcrUFlWUk5LbUpXODk0cjh3MnNVbz0=&amp;h=8d9c63a96e034dbaa6c7edfccebcbf24">https://www.thecrecircle.com/</a></p> <p style="font-weight:400;"> </p> <p style="font-weight:400;">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: <a href="https://us-east-2.protection.sophos.com/?d=selfstorageincome.com&amp;u=aHR0cHM6Ly9zZWxmc3RvcmFnZWluY29tZS5jb20v&amp;i=NWNlM2JlM2YyZmJlOWIxNDkzZTAxMWUx&amp;t=c25BYTY4b1FLTFIwVFVRdTJGakpONElwUEh1aXYydy9LN0tTdHNoZkwxUT0=&amp;h=de26d3fb04ca4086b0e22454c42d1050">https://selfstorageincome.com/</a></p> <p style="font-weight:400;"> </p> <p style="font-weight:400;">Be sure to go to <a href="https://us-east-2.protection.sophos.com/?d=selfstorageincome.com&amp;u=aHR0cHM6Ly93d3cuc2VsZnN0b3JhZ2VpbmNvbWUuY29tLw==&amp;i=NjFiYTc3NGRlNDYzYzgwZTQ2ZmU2OTg5&amp;t=R2JHVjlOOWxSZndsR0YyR1YvZEJKUjJxb3Mvc2JldThDOTdrb0JqWWhjQT0=&amp;h=8d9c63a96e034dbaa6c7edfccebcbf24">Selfstorageincome.com</a> 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.  </p> <p style="font-weight:400;"> </p> <p style="font-weight:400;">You can also find the Self Storage Income Podcast on:</p> <ul style="font-weight:400;"> <li><a href="https://us-east-2.protection.sophos.com/?d=apple.com&amp;u=aHR0cHM6Ly9wb2RjYXN0cy5hcHBsZS5jb20vdXMvcG9kY2FzdC9pZDE0ODI2NjM5MTg=&amp;i=NjFiYTc3NGRlNDYzYzgwZTQ2ZmU2OTg5&amp;t=MjUyZmVNdThiM3dzOXNVNlBCYStwL3R0Kyt2aHZCbjZCY2ZsRURMQU1SMD0=&amp;h=8d9c63a96e034dbaa6c7edfccebcbf24">iTunes</a></li> <li><a href="https://us-east-2.protection.sophos.com/?d=spotify.com&amp;u=aHR0cHM6Ly9vcGVuLnNwb3RpZnkuY29tL3Nob3cvNGNxNENmakZZa25hZ0dlY2EyNGc3Zg==&amp;i=NjFiYTc3NGRlNDYzYzgwZTQ2ZmU2OTg5&amp;t=TFVIK2xTaXJQLzVPU0lZMll3NUM4YjBRUXlpL3NpVXcwMXNjU0ZTU3hVaz0=&amp;h=8d9c63a96e034dbaa6c7edfccebcbf24">Spotify</a></li> <li><a href="https://us-east-2.protection.sophos.com/?d=stitcher.com&amp;u=aHR0cHM6Ly93d3cuc3RpdGNoZXIuY29tL3BvZGNhc3Qvc2VsZi1zdG9yYWdlLWluY29tZQ==&amp;i=NjFiYTc3NGRlNDYzYzgwZTQ2ZmU2OTg5&amp;t=bFgyaHl3RVBEUHhkWmxVRmIrM29UckJsYVRWRDNWOVJValMrb01WRlkyYz0=&amp;h=8d9c63a96e034dbaa6c7edfccebcbf24">Stitcher</a></li> </ul> <p style="font-weight:400;"> </p> <p style="font-weight:400;">The Self Storage Income Podcast is Sponsored by:</p> <p style="font-weight:400;">Janus International - <a href="https://us-east-2.protection.sophos.com/?d=janusintl.com&amp;u=aHR0cHM6Ly93d3cuamFudXNpbnRsLmNvbS8=&amp;i=NjFiYTc3NGRlNDYzYzgwZTQ2ZmU2OTg5&amp;t=a3d2S3UvdkhNSjUrZUk1ZlZsL3Q4NVZnTHRTZzc0WHlrRTkvQ0VzZjRuYz0=&amp;h=8d9c63a96e034dbaa6c7edfccebcbf24">https://www.janusintl.com/</a></p> <p style="font-weight:400;">Live Oak Bank - <a href="https://us-east-2.protection.sophos.com/?d=liveoakbank.com&amp;u=aHR0cDovL2xpdmVvYWtiYW5rLmNvbS9pbmNvbWVwb2RjYXN0&amp;e=Y29ubmVyc0BidHJob2xkLmNvbQ==&amp;t=U0xmTk96OU1xcytFM2ZOYUd6dXY4VklqUm9aYkxtSXJVd0lhVFd4MHptQT0=&amp;h=0dbe9a8aa4414a0c98a7eda04a1ac5bd">liveoakbank.com/incomepodcast</a></p> <p style="font-weight:400;">Tenant Inc. - <a href="https://us-east-2.protection.sophos.com/?d=tenantinc.com&amp;u=aHR0cHM6Ly93d3cudGVuYW50aW5jLmNvbS8=&amp;i=NjFiYTc3NGRlNDYzYzgwZTQ2ZmU2OTg5&amp;t=RThocmwvQ1BSU0JTeGIvRFlUZnpEUUFuVWdNQzcvSUNuOXFOV1ZGV1dGcz0=&amp;h=8d9c63a96e034dbaa6c7edfccebcbf24">https://www.tenantinc.com/</a></p> <p style="font-weight:400;">Cedar Creek Wealth: <a href="https://us-east-2.protection.sophos.com/?d=cedarcreekwealth.com&amp;u=aHR0cHM6Ly9jZWRhcmNyZWVrd2VhbHRoLmNvbS8=&amp;i=NjFiYTc3NGRlNDYzYzgwZTQ2ZmU2OTg5&amp;t=MDl4Y3lzdEpGQU5VZjVHY1ZmOUIwVXBjR0lVVkY2a29CZm1PUFV0dnhTYz0=&amp;h=8d9c63a96e034dbaa6c7edfccebcbf24">https://cedarcreekwealth.com/</a></p> <p style="font-weight:400;"> </p>