The Most Revolutionary Self Storage Analysis Tool | Cory Sylvester with Radius+

Episode #25

What’s going on everybody!? I’m super excited to share this episode with you guys. I had the pleasure of spending some time with Cory Sylvester, a founding Principle of Union Realtime - the minds behind the cutting edge self storage analysis platform Radius+. Cory shares how he went from working on Wall Street as an analyst and consultant investing in tech companies, to building out the Radius+ platform and filling the massive need for a revolutionary self storage analysis tool. Using Radius+ a user can drop a pin anywhere in the country and collect large amounts of valuable data for any specified area. Whether you’re looking for the storage per capita of a 3 or 5 mile radius of a property, or you’re wanting to know the rental rates of the other facilities in the area, or you want to locate and identify new facilities that have just opened in the area, you can do it all and so much more - and this is just the tip of the iceberg. You can collect an incredible amount of data from Radius+, which obviously is a huge advantage to anyone when you’re analyzing a potential self storage investment. Cory shares their plans for the future and what they aim to continue to accomplish with Radius+ moving forward. Apart from talking about this amazing platform, we also dive into the self storage industry and talk about a few really great points. We talked about the micro-market nature of self storage and the issue of looking at national self storage trends to gauge the market. Cory also shares the top three most important factors that either give a green light or a red light and signify whether a potential property is either good or bad. What are those three factors? Listen in and find out. Be sure to check out Radius+ at: https://www.radiusplus.com/ Thanks so much for listening guys, we’ll see you next time. AJ