How to Raise Capital for Self Storage (Even with ZERO Experience) | SSI Ep 269

Get my FREE self storage starter pack to learn how to analyze, underwrite, and operate your next storage investment: https://www.selfstorageincome.com/you... If you’re trying to buy your first self storage deal, odds are, you don’t have the entire purchase price sitting in cash in your bank account. So, today, we’re teaching you exactly how to raise capital for real estate, using other people’s money to buy your first or next self storage facility and get the best returns for your investors. If you want to scale in self storage, this is how you do it, and there are many (MANY) takeaways from this episode that you can’t miss. Most people don’t know this, but I NEVER used to raise money for my self storage deals. We were self-funded for most of our existence, and for the longest time, I never wanted the weight of handling other people’s money on my shoulders. That was until people we knew wanted to get in the self storage game WITHOUT running the facilities themselves. They trusted me, saw my track record, and asked to get in. I accepted, knowing that it was wrong NOT to help others build wealth with an asset that gave me so much. So, whether you’re someone with multiple facilities who thinks now is the time to raise capital or a brand new beginner with no money (but a lot of energy!) to invest, we’re teaching you exactly how we raise capital, the common pitfalls beginners must avoid, how to form partnership structures, and why I never EVER “ask” for money when doing my self storage deals. _______ 📌 Make self storage management easier than EVER with our podcast sponsor Tenant Inc. - https://www.tenantinc.com/ 🌳 Work with someone experienced in self storage loans at Live Oak Bank! https://www.liveoakbank.com/business-... 🎙️ Do you have a great story to share on the SSI or AJ Osborne podcasts? You can now apply here! https://form.asana.com/?k=TGU88eU0bFT... 📖 Get AJ's new book that teaches you everything he knows about self-storage https://a.co/d/aRSKcSq 📉 Take advantage of today’s market conditions and invest with us: https://cedar.cc/invest ________ 00:00 Intro 04:15 How to Raise Money for Self Storage 14:20 Your #1 Priority 17:40 Take on MORE Responsibility 23:37 Don't ASK for Money 25:44 Look for the "Danger" 30:01 Brand New? Do This FIRST! 43:55 Understand the Realm of "Unknown" 54:09 How to Structure Partnerships