How to Evaluate a Market for Self Storage

Episode #19

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Before I got involved with self-storage I was stuck on a treadmill. Yes, I made good money, but it was my clients that owned my time and not me. If I wanted to make more money I had to put in more hours. If I stopped working money stopped coming in.

Self Storage changed that for me once and for all. And I want to show you how it can work for you.

Self-storage facilities investments are a quiet but growing sector of commercial real estate. Based on current demographic trends, they’re ready to benefit substantially.

You see, we live in a consumer culture. Americans love to buy stuff. At the same time, the average size of the American home continues to downsize. Which means people need a place to put all that stuff.

Enter self storage.

At this point, almost 10% of American’s use self storage and the industry has grown to bring in over $20 billion dollars in annual revenue.

I want to show you how to get started in this industry and create true financial freedom.

THIS ISN’T GUESS WORK — IT’S A REPEATABLE MODEL

With over 1 million square footage of self storage facilities across four states, we’ve created a scalable model that works.

We seek and purchase under performing facilities. When we overlay our model, we know almost exactly how the asset will perform in any given market. Our strategy has worked in large booming markets as well as extremely small rural areas.

 

Knowing how to read the market though, is a major key to that success. It's the big question everyone interested in storage wants to know - how do you evaluate a market for self storage? 

There are a lot of considerations and calculations to take into account, but it's much more simple than I think a lot of people make it out to be. You just have to know what to look at. 

I hope you all enjoy this look into the self storage market, and please be sure to send us your questions and comments!

Thanks everybody, AJ

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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 contact a current owner, and ultimately how to land a storage facility deal.  

 

You can also find the Self Storage Income Podcast on:

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AJ's Self Storage Masterclass - https://cashflow2freedom.com/self-storage/

Self Storage Income Website: https://www.selfstorageincome.com

My OTHER Podcast & YouTube Channel - Cashflow 2 Freedom - https://www.youtube.com/channel/UCspPjuKSS7iohRa7VRvohqQ