Podcast: Download (Duration: 25:57 — 7.6MB)
How to Get Started in Self Storage Investing
In this episode of the Investor Financing Podcast, Beau sits down with Stacy Rossetti to talk about investing in self-storage facilities.
Most of us out here that are watching and listening, we have a lot of experience in flipping houses and buying rental properties, duplexes, and four-plexes, but we're kind of thinking well, what can we do next, what's a good asset class to invest in?
🏦 Self-Storage Facilities could be the opportunity you have been looking for!
This episode features Stacy Rossetti, founder, and coach, of Storage Nerds.
Stacy teaches students how to invest in self-storage businesses and build a solid passive income through it. She has been in this business for 5 years and now has 11 facilities. The best thing, she runs all of them virtually.
But her journey did not start here. After setting her foot in the industry as a house flipper, she quickly fell in love with real estate, mainly because she just started at the right time. At the time, she says under five years, she had flipped and sold over 100 houses at a 3x price she purchased them.
But her pregnancy made her yearn for a passive income stream. With this goal, she decided to shift to a self-storage business. Besides, as a natural educator, Stacy has formed the Real Estate Investment Club (REI), where they share strategies on all real estate investment topics. She also has Mastermind groups and free lessons offered on her website.
In this episode, Stacy shares her story and how you can get started in this lucrative opportunity, plus some tips to help you get the right foot forward.