533: No Tenants, Toilets, or Trash? It's Possible, Through Self Storage w/ Paul Moore
It’s easy to get caught up in the world of residential real estate investing. Maybe buy a single-family buy-and-hold deal, or try and flip a house, or why not BRRRR? But, residential real estate comes with many challenges: complicated evictions, clogged toilets, a noisy tenant in your upstairs unit, and many, many more. But, there is an asset class you can invest in without toilets, tenants, or trash problems.
Paul Moore, author, capital raiser, and real estate educator joins us to talk about his newest obsession: self storage investing. Why self storage? Maybe it’s because nobody is living in the property, or that many existing facilities have HUGE value-add potential, or maybe it’s the tax savings, or the ability to increase equity by hundreds of thousands, if not millions, seemingly overnight.
There are so many reasons why self storage investing could be one of the greatest yet rarely spoken of assets in the world of real estate investing. Wondering how you can get started in this high-profit, low-maintenance investing world? Grab Paul’s new book, Storing Up Profits!
In This Episode We Cover:
Why commercial real estate allows you to build wealth faster, smarter, and with scale
The four strategies you can use to build your self storage empire
The massive tax-saving strategies you may be missing out on
Looking for value-add that’s hidden in plain sight
The seven paths a new investor can take to get started in the self storage industry
Income opportunities that could turn thousands in revenue into millions in equity
And So Much More!
Links from the Show
Paul Moore’s Blogs in BiggerPockets Blog
Tarl Yarber's BiggerPockets Profile
Tom Wheelwright's Personal Website
Check the full show notes here: https://biggerpockets.com/show533
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