The New “Threat” To Small Self Storage Investments (Take Advantage!) SSI Ep 254

The self storage industry is changing. Back during the Great Recession, small self storage investments tanked. Their revenues fell off a cliff, customers consistently went without paying, and there were no buyers or banks to bail out the owners. Since then, self storage investing has changed in a big way. REITs are growing with towering self storage facilities everywhere in big cities, and their next big target? Small self storage investments. This poses an interesting opportunity for inventors: if you get in early enough, your facility could see a massive increase in value and even interest from a REIT. So, what should you be doing NOW to capitalize on this coming change in the self storage industry? Small self storage investing expert Jeremiah Boucher, founder of Patriot Holdings, joins AJ and Conner LIVE to go over the opportunities, threats, and “landmines” to watch out for when buying a small self storage facility—which could be your first or next investment! Plus, Jeremiah even shares EXACTLY what you should do TODAY to a small facility to increase its value before the REIT next door comes knocking. _______ Finding Your Edge: How to Win at the Game of Commercial Real Estate Investing: https://www.amazon.com/Finding-Your-E... This recording is of a live podcast, from at our SSI LIVE Event we hold annually in September in Coeur d'Alene, Idaho. Tickets are available now to the 2024 event! https://www.selfstorageincome.com/ssi... _______ Subscribe for market updates, tips, and more! Make self storage management easier than EVER with our podcast sponsor Tenant Inc. - https://www.tenantinc.com/ 📉 Take advantage of today’s market conditions and invest with us: https://cedar.cc/invest _______ 00:00 Intro 02:11 "Small" Facilities Are Changing 09:26 Huge Opportunity for Small Facilities 15:35 What to Do NOW 21:57 "Landmines" to Watch For 27:10 Be Careful of This 39:30 "Threats" to Self Storage 51:13 The Wrath of REITs