Episode #340
Self storage investing saved AJ Osborne’s life. After sudden paralysis and being left in a coma, AJ was fired from his job. He couldn’t work, walk, breathe, or do anything without assistance. Strapped to a hospital bed, with only the ability to blink “yes” or “no” to the doctors, AJ didn’t have to worry about bills getting paid or whether his kids would have a happy Christmas—self storage took care of his finances while he miraculously recovered.
For this reason and many others, self storage may be the best real estate investment on the planet. But you’ve probably never considered it or looked into buying a facility. For less money, self storage facilities produce more cash flow, less headache, and significantly lower risk than rentals. Even better? There are no clogged toilets or broken refrigerators. Just four walls and a metal door—that’s the entire investment.
In today’s show, you’ll be brought to the light side, seeing how self storage, a traditionally unsexy asset class, beats rental properties in almost every way imaginable, plus how this asset was able to save AJ’s life and financial future. AJ even explains why now may be the BEST time to get into self storage.
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$13M in Equity from One Deal & Cash Flowing Despite Being Comatose with AJ Osborne:
https://www.biggerpockets.com/blog/biggerpockets-podcast-286-13m-in-equity-from-one-deal-and-cash-flowing-despite-being-comatose-with-aj-osborne?utm_source=youtube&utm_medium=description&utm_campaign=none
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Self Storage: The Misunderstood Money Maker Most Investors Overlook:
https://www.biggerpockets.com/blog/on-the-market-50?utm_source=youtube&utm_medium=description&utm_campaign=none
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Is Self Storage Investing Right for You?
https://www.biggerpockets.com/blog/self-storage-investing-pros-cons?utm_source=youtube&utm_medium=description&utm_campaign=none
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Connect with AJ:
Drunk Real Estate Podcast: https://podcasts.apple.com/us/podcast/drunk-real-estate/id1686271163
Instagram: @ajosborne or https://www.instagram.com/ajosborne/
Investing: https://cedar.cc/
Self Storage Income Podcast: https://www.selfstorageincome.com/podcast
Website: https://www.selfstorageincome.com
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Connect with Ashley and Tony on BiggerPockets:
Ashley: https://www.biggerpockets.com/users/echopm?utm_source=youtube&utm_medium=description&utm_campaign=none
Tony: https://www.biggerpockets.com/users/tonyr75?utm_source=youtube&utm_medium=description&utm_campaign=none
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Connect with Ashley and Tony on Instagram:
Ashley: @wealthfromrentals or https://www.instagram.com/wealthfromrentals/
Tony: @tonyjrobinson or https://www.instagram.com/tonyjrobinson/
Show notes at: https://www.biggerpockets.com/blog/rookie-340?utm_source=youtube&utm_medium=description&utm_campaign=none
00:00 Intro
01:18 Completely Comatose and Paralyzed
08:07 Wheelchair to Walking and Fighting Through Pain
16:39 The Greatest Thing That Ever Happened to Him
21:15 “Self-Storage Saved My Life”
21:15 THE Self-Storage Playbook
31:53 NOW is The Time to BUY
40:16 Why Self-Storage Beats Rentals
45:34 The Recession-Resistant Investment
51:17 Killer Cash Flow
59:19 The REAL Money Maker
01:05:16 Connect with AJ!
