self storage

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 on Looking for value-add that’s hidden in plain sight The seven paths a new investor can take to get started in the self storage industry Income opportunities that could turn thousands in revenue into millions in equity And So Much More! Links from the Show BiggerPockets Forums BiggerPockets Blogs BiggerPockets Podcast 285: 3 Reasons Multifamily Rentals Might Be the Perfect Investment with Paul Moore BiggerPockets Podcast 286: $13M in Equity from One Deal & Cash Flowing Despite Being Comatose with AJ Osborne Paul Moore’s Blogs in BiggerPockets Blog Blackstone U-Haul Airbnb Forbes Amazon Wellings Capital Sam Zell J Scott's Personal Website Tarl Yarber's BiggerPockets Profile Gary Keller Jeff Bezos Tom Wheelwright's Personal Website Check the full show notes here: https://biggerpockets.com/show533 Learn more about your ad choices. Visit megaphone.fm/adchoices

Do you dream of stepping back from the day to day and working on your business rather than in it? Of course you do! AJ Osborne has achieved that goal—and having experienced a harrowing health emergency that incapacitated him for months (see show 286), this Boise, Idaho, investor is ultra-qualified to discuss the value of documenting, delegating, and streamlining your real estate business so it can run without you. AJ owns and operates over 1 million square feet of self-storage. Today he breaks down the seven-step process he uses to improve operations, unlock hidden value, and scale fast. If you're thinking, "I don't do deals that big," rest assured: AJ reveals that he actually lost money on his very first deal but gained a ton of wisdom, which he's generous enough to share with us today—and which applies across the board. Plus, AJ shares a tip on financing deals that may totally change the way you think about growing your portfolio! Check him out, and pick up a copy of his book, The Investor's Guide to Growing Wealth in Self-Storage: How to Turn a Real Estate Asset into a Thriving Business. Learn more about your ad choices. Visit megaphone.fm/adchoices