340: Why Self-Storage Beats Rental Properties w/AJ Osborne

Real Estate Rookie - A podcast by BiggerPockets

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Self-storage investing saved AJ Osborne’s life. After sudden paralysis and being left in a coma, AJ was fired from his job. He couldn’t work, walk, breathe, or do anything without assistance. Strapped to a hospital bed, with only the ability to blink “yes” or “no” to the doctors, AJ didn’t have to worry about bills getting paid or whether his kids would have a happy Christmas—self-storage took care of his finances while he miraculously recovered.  For this reason and many others, self-storage may be the best real estate investment on the planet. But you’ve probably never considered it or looked into buying a facility. For less money, self-storage facilities produce more cash flow, less headache, and significantly lower risk than rentals. Even better? There are no clogged toilets or broken refrigerators. Just four walls and a metal door—that’s the entire investment. In today’s show, you’ll be brought to the light side, seeing how self-storage, a traditionally unsexy asset class, beats rental properties in almost every way imaginable, plus how this asset was able to save AJ’s life and financial future. AJ even explains why now may be the BEST time to get into self-storage. In This Episode We Cover: AJ’s unbelievable story from paralysis to comatose to walking and making millions  How to make progress in your life or business during times of severe physical or mental pain The “greatest thing” that ever happened to AJ that made him a success Why self-storage facilities beat rental properties in almost every way imaginable AJ’s self-storage playbook and how he finds the best facilities to buy  Investing in 2023/2024 and why now may be the PERFECT time to buy a facility Why self-storage makes the perfect “recession-resistant” asset And So Much More! Links from the Show Find an Agent Find a Lender Ashley's BiggerPockets Profile Ashley's Instagram Tony's BiggerPockets Profile Tony's Instagram Real Estate Rookie Facebook Group Join BiggerPockets for FREE Ask Us Your Investing Question Apply to Be a Guest on the “Real Estate Rookie” Podcast 18 Deals in 2 Years AND a Full Time Job with Kevin Christianson How to Buy a Foreclosed Home: Guide for Finding Deals BEFORE You Buy: How to Know Your Market (and Property) Will Make It in 2023 Check Property Liens with PropStream BrightInvestor NeighborhoodScout Check the full show notes here: https://www.biggerpockets.com/blog/rookie-340 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email: [email protected] Learn more about your ad choices. Visit megaphone.fm/adchoices