How to Get Started with Self-Storage Investing
In episode 2 of the AAA Storage podcast, Paul Bennett outlines the essentials of getting started with self-storage investing. With over 30 years of experience in the industry, Paul Bennett shares his expertise on how high-net-worth individuals can transition from residential to commercial real estate investments. The episode provides valuable insights into the benefits of partnering with a sponsor and the due diligence necessary in the investment process. Whether you're a seasoned real estate investor or new to self-storage, this episode offers clear guidance on making informed investment decisions.
Key Highlights:
• Differences between investing in residential real estate and self-storage.
• Benefits of partnering with a sponsor through a fund model.
• Importance of due diligence in selecting investment opportunities and sponsors.
• Understanding investment objectives and how they align with fund strategies.
• The value of engaging a financial advisor, CPA, or attorney during the investment process.
Quotes:
• "Past performance is the best indicator of future performance." – Paul Bennett
• "We try to provide as much information as somebody would want to get questions answered or get additional information." – Paul Bennett
Key Highlights:
• Differences between investing in residential real estate and self-storage.
• Benefits of partnering with a sponsor through a fund model.
• Importance of due diligence in selecting investment opportunities and sponsors.
• Understanding investment objectives and how they align with fund strategies.
• The value of engaging a financial advisor, CPA, or attorney during the investment process.
Quotes:
• "Past performance is the best indicator of future performance." – Paul Bennett
• "We try to provide as much information as somebody would want to get questions answered or get additional information." – Paul Bennett
Creators and Guests
