How to Fill Your Self-Storage Funnel with Fernando Angelucci
Road to Family Freedom
English - November 23, 2020 11:00 - 1 hour - 110 MB - ★★★★★ - 27 ratingsInvesting Business business investing realestate financialfreedom realestateinvesting firemovement flipping invest property rental Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Fernando Angelucci – self-storage investor and co-founder of Titan Wealth Group talks to Neil Henderson and Brittany Henderson, co-hosts of The Road to Family Freedom podcast. Fernando got his start in real estate when he was just 23 on the residential side of the world with wholesaling small deals and acquiring residential rentals. He then went on to build a multi-family rental portfolio. Two years ago he made the switch to self-storage and has grown his self-storage portfolio to upwards of 260,000 square feet producing more than $550,000 in Net Operating Income per year and did it in less than 24 months.
In this episode, we are going to dig deep into how Fernando fills his funnel with self-storage deals, how he builds rapport with owners, and how he underwrites potential deals. If you have an interest in finding self-storage facilities to purchase, this high-level conversation is for you.
Post-Interview Analysis
Key Lessons Learned. First, build a marketing system that provides constant contact with potential sellers, starting with the cheapest method of contact, text messaging, then cold calling, then ramping up to the most expensive method of contact, direct mail. Second, this is all about building rapport with owners, and it takes a LOT longer than residential real estate. Expect to be building rapport for about six months.Episode Highlights:
Schedule a video chat with Neil Henderson at roadtofamilyfreedom.com/storage How he has purchased 10 self-storage facilities in the past 24 monthsThe types of facilities he and his partners are targetingThe hub and spoke management model he is using to manage his facilitiesHis initial process for a high-level initial look at a prospective facilityAnd much more…Books and Resources Mentioned
The Road to Family Freedom: roadtofamilyfreedom.comWebsite: Titan Wealth Group Website: The Storage StudResource: Task Rabbit Resource: Fiverr Resource: Exact Data Resource:Fernando Angelucci – self-storage investor and co-founder of Titan Wealth Group talks to Neil Henderson and Brittany Henderson, co-hosts of The Road to Family Freedom podcast. Fernando got his start in real estate when he was just 23 on the residential side of the world with wholesaling small deals and acquiring residential rentals. He then went on to build a multi-family rental portfolio. Two years ago he made the switch to self-storage and has grown his self-storage portfolio to upwards of 260,000 square feet producing more than $550,000 in Net Operating Income per year and did it in less than 24 months.
In this episode, we are going to dig deep into how Fernando fills his funnel with self-storage deals, how he builds rapport with owners, and how he underwrites potential deals. If you have an interest in finding self-storage facilities to purchase, this high-level conversation is for you.
Post-Interview Analysis
Key Lessons Learned. First, build a marketing system that provides constant contact with potential sellers, starting with the cheapest method of contact, text messaging, then cold calling, then ramping up to the most expensive method of contact, direct mail. Second, this is all about building rapport with owners, and it takes a LOT longer than residential real estate. Expect to be building rapport for about six months.Episode Highlights:
Schedule a video chat with Neil Henderson at roadtofamilyfreedom.com/storage How he has purchased 10 self-storage facilities in the past 24 monthsThe types of facilities he and his partners are targetingThe hub and spoke management model he is using to manage his facilitiesHis initial process for a high-level initial look at a prospective facilityAnd much more…Books and Resources Mentioned
The Road to Family Freedom: roadtofamilyfreedom.comWebsite: Titan Wealth Group Website: The Storage StudResource: Task Rabbit Resource: Fiverr Resource: Exact Data Resource: Lead Sherpa Resource: Skip Genie Resource: Radius Plus Resource: Yardi Matrix LinkedIn: Fernando AngelucciTwitter: @TheStorageStud Instagram: @TheStorageStudFollow Us:
facebook.com/roadtofamilyfreedom/instagram.com/roadtofamilyfreedom/twitter.com/r2familyfreedomOther Stuff:
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