From Starving Screenwriter to Storage King: One Man’s A-Z guide to Self-Storage Success!
An ex-scriptwriter who hit rock bottom (literally, as funds were lower than a bad movie score) surpassed doubts and cash-crunch to conquer self-storage investing. Discover how two men, a dozen storage facilities and an ice-cold sense of humor can turn a m
Self-Storage Investing: Because Hoarding Other People's Junk Can Be Profitable, Apparently
In the week of unbelievable transformations, we've chanced upon the rags-to-riches, or let's say, the scripts-to-storages tale penned by Cameron Barsanti, founder and CEO of StorageLife. In his latest blog post featured on InsideSelfStorage, Barsanti shares his journey from being an unemployed screenwriter and a father-to-be to becoming a self-storage spoilsport.
Let's keep it brief to avoid spoilers for those relishing this comedic drama. With more determination than the hair on his head (his words, not ours!), Barsanti started his journey in the self-storage industry barely four years ago. He faced monumental challenges, mainly the terrible two – distraction and doubt.
But three years on and a tad less hair (again, his words!), Barsanti has acquired twelve self-storage facilities across six states. And if you think this is impressive, the estimated market value of his portfolio is upwards of a whopping $40 million - all thanks to a strange concept he calls 'momentum.'
In his blog post, Barsanti was generous enough to share three keys to achieving and sustaining momentum in the self-storage industry - maintaining a consistent deal flow, finding a suitable mentor, and building solid partnerships. In short, it's all about who you know and who owes you a favor!
And if stories about resilience, grit, and multi-million dollar profits from clutter appeal to you, read Barsanti's blog post. If not, at least you've read a synopsis of it. Either way, the self-storage industry is no walk in the park, even if its only park is full of other people's stuff.
Category: Industry Trends and Insights
Tags: Sales, Commercial
Credits: Blog Author - Cameron Barsanti, Source - InsideSelfStorage
Original Source: inside self-storage
Title: A Newbie’s Guide to Self-Storage Investing: 3 Keys to Achieving and Sustaining Momentum
URL: https://www.insideselfstorage.com/self-storage-investing-real-estate/a-newbie-s-guide-to-self-storage-investing-3-keys-to-achieving-and-sustaining-momentum