Starting Out in Storage with Small Facilities - The Changing Industry | SSI Podcast

Starting out in Self Storage is no easy feat. And one of the biggest factors to consider is, which market do I want to be in? And will that market be profitable with the size of facility I'm looking at?
With the Fed hiking interest rates to fight high inflation, the market is changing at an incredible rate. Buying a facility is no longer the "guaranteed" return on investment it has been in recent years. What are the large REITs doing in response to the changes?
In this episode, we invited Jeremiah Boucher to talk about smaller facilities in the current market, specifically in sub-prime markets. He flew all the way out to Couer D' Alene, Idaho, where we held our Self Storage Income Live Event, and recorded this podcast with us live on stage!
He is a returning guest, but for those of you who don't know, Jeremiah is a value investor who specializes in the acquisition and development of alternative commercial real estate assets. He learned the real estate business from the ground up and currently owns and operates Patriot Holdings, a $300M-plus portfolio of high-performing commercial properties.
Jeremiah brings a lot of value and interesting discussion to this episode. You don't want to miss this one!
You can find out about Jeremiah's company here: www.patriothol...
Be sure to leave us a review on Apple podcasts. We posted this episode a few weeks ago and it was just so good we had to share it here as well. If you haven't already, subscribe to our podcast here: podcasts.apple...
My best-selling book on Growing Wealth with Self Storage is now available in audiobook format! Pick it up for free here: www.selfstorag...
Want to take advantage of todays market conditions with us? Invest in our opportunistic Fund 2 Here: cedar.cc/invest
Join my Inner Circle! An exclusive mastermind for real estate investors seeking the most advanced strategies and resources in the world for generating wealth and passive income through self storage investing. www.selfstorag...
Our partner:
Tenant Inc. - www.tenantinc....
Want to take advantage of todays market conditions with us? Invest in our opportunistic Fund 2 Here: cedar.cc/invest
Join my Inner Circle! An exclusive mastermind for real estate investors seeking the most advanced strategies and resources in the world for generating wealth and passive income through self storage investing. www.selfstorag...
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📉 Want to take advantage of todays market conditions with us? Invest in our opportunistic Fund 2 Here: cedar.cc/invest
⭕️ Join my Inner Circle! An exclusive mastermind for real estate investors seeking the most advanced strategies and resources in the world for generating wealth and passive income through self storage investing. www.selfstorag...
📘 Get a FREE copy of my best selling book "The Investors Guide to Growing Wealth in Self Storage"
www.selfstorag...

[@mechiawilson164]

New subscriber here, I'm new to the storage unit business and I appreciate your wealth of knowledge in the industry

[@SelfStorageIncome]

Welcome aboard @mechiawilson164, and thanks for subbing. 😉

[@stevetipps1495]

Tons of great info! Thank you!

[@SelfStorageIncome]

Thanks for tuning in Steve!

[@G-man25]

Good stuff as always.

[@SelfStorageIncome]

Hey @Patriote25 - Glad you enjoyed it!

[@Lorob854]

Why do they say $14 rents ?