This is an episode first published in September 2023. It’s one of our most popular.
In this episode Scott discusses the current state of the Self-Storage industry and why it’s attracting new investors. With other asset classes experiencing a downturn, Self-Storage remains a lucrative investment option.
Scott explains how self-storage thrives during economic downturns as businesses and individuals downsize, leading to increased demand and rental rates. He also highlights the benefits of investing in self-storage during a recession and the opportunities it presents. This episode provides valuable insights for those interested in entering the self-storage market or looking for alternative investment options.
WHAT TO LISTEN FOR
1:25 Why Self-Storage during economic downturns
8:26 A solid plan for getting started in Self-Storage
10:14 The vital importance of writing a business plan
23:00 How to really understand cashflow
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GUEST: Doug Downs
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White Label Storage helps self-storage owners manage their facilities like a performance business, not a guessing game. Using facility-level data and custom technology tools, the team drives smarter pricing, marketing, and operational decisions with no gut-based revenue management.
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