We all know money doesn’t grow on trees. If you want to cultivate a thriving, sustainable business, it takes time and care. Farmers have an almanac to help them through this process; in our industry, we have “The Investors Guide to Growing Wealth in Self Storage: The Step-By-Step Playbook for Turning a Real Estate Asset Into a Thriving Business,” authored by facility owner and investor AJ Osborne. It explains how to identify viable investments, allocate capital and apply management techniques that bring forth a fruitful, income-producing venture. Contents include:
- Why self-storage is an attractive investment
- How to get started in the industry
- An explanation of facility valuation
- Ways to find deals
- Facility financing
- How to evaluate competition and the deal itself
- Tips for transforming an underperforming asset
- And more!
Osborne co-founded Keylock Storage/Bitterroot Holdings in 2012, building it into a multi-million portfolio with 27 properties across the Northwest. Though he specializes in turning around underperforming properties, he’s also developed self-storage from the ground up, expanded existing facilities and converted other property types into storage. He’s also the CEO of Cedar Creek Wealth, one of the fastest-growing self-storage syndication funds in the nation.
Published by JamesBrennae Publishing, “The Investors Guide,” is available in softcover format. Get details and buy your copy at iss-store.com.