There’s no great success in simply buying a self-storage facility. Any idiot that can write the check for the down payment can accomplish that. Instead, the real trick to buying a storage property is to make money with it. But that can be more allusive than many people think, particularly those that want to follow the same old, tired paths or to think like the herd. In this episode of the Self-Storage University podcast we make the case for focusing on profitability and not convention, and to having the strength to think independently of the herd of idiots out there.
There’s no great success in simply buying a self-storage facility. Any idiot that can write the check for the down payment can accomplish that. Instead, the real trick to buying a storage property is to make money with it. But that can be more allusive than many people think, particularly those that want to follow the same old, tired paths or to think like the herd. In this episode of the Self-Storage University podcast we make the case for focusing on profitability and not convention, and to having the strength to think independently of the herd of idiots out there.
Welcome to the Self-Storage University Podcast, where you will learn the correct way to identify, evaluate, negotiate, perform due diligence on, renegotiate, finance, turn-around and operate self-storage facilities. And your host is a partner in one of the largest real estate portfolios in the U.S. with nearly $1 billion of holdings, Frank Rolfe.