JF3402: Best Ever’s Best of 2023: How to 3X Your NOI, Mastering Due Diligence, and Secrets to Scaling in Self-Storage

Best Real Estate Investing Advice Ever - A podcast by Joe Fairless

Categories:

Today, we’re continuing our countdown to the new year by looking back at some of the best episodes from the Best Ever Show in 2023. We’ve pulled the best clips from some of this year’s best episodes that featured the best self-storage investing advice ever. In this episode, we’ll hear from Connor Gross, Faraz Hemani, Travis Baucom, AJ Osborne, and the Sultan of Storage himself, Baird Kleinsmith. You can find links to each of their episodes in the show notes. Connor discussed why he chose self-storage over other asset classes, including how he 3X’d the NOI on his very first deal. Meanwhile, Faraz provides tips on how to find — and talk to — the right sellers in a competitive market, Travis takes us through his due diligence process, and AJ explains his firm’s buying strategy in 2023, including how he accounts for the threat of new construction disrupting the supply and demand balance in a particular market. Baird wraps it up by explaining why he targets “crappy” self-storage facilities, his secrets to quickly scaling to eight facilities, and the hardest lessons he’s learned along the way.   You can listen to the full episodes below.​​ JF3042: Succeeding in Self-Storage as First-Time Operators ft. Connor Gross JF3250: Faraz Hemani — 3-Step Formula for Succeeding in Self-Storage, Why Flex Industrial Is the Best-Kept Secret in Real Estate, and How to Compete in a Crowded Self-Storage Industry JF3130: 1,800 Self-Storage Units in 18 Months ft. Travis Baucom JF3230: How to Build a Self-Storage Empire ft. AJ Osborne JF3106: Becoming the Sultan of Storage ft. Baird Kleinsmith   Sponsors BAM Capital