So you’ve decided that investing in a storage facility is what you’re going to do. But how do you find storage facility deals?
In this video, AJ Osborne breaks down all of the strategies that he's used to build his self storage portfolio, which has grown to over 1,000,000 square across 11 facilities.
These are simple strategies that you can leverage to find and secure storage deals over and over again.
Their two main ways that we find deals are:
- Establishing relationships with brokers
- Knocking on doors of people who may potentially sell
The key with both of these is being clear about what it is you’re looking for and being respectful of the other person’s time.
For example, there are a lot of brokers out there who have different values in self storage and real estate. We only want to work with brokers who have similar values as we do.
At the same time, we want to make sure the broker has a clear idea of what we’re looking for in an investment so we don’t waste each other’s time.
Check out the video to dive deeper into the topic.
This video above was provided to RadiusPlus by AJ Osborne and CashFlow2Freedom.
Original Thumbnail by Drew Graham on Unsplash