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b"Fernando O. Angelucci is the Founder and President of Titan Wealth Group. He also leads the firm\\u2019s finance and acquisitions departments. Fernando Angelucci and Steven Wear founded Titan Wealth Group in 2015, and under his leadership, the firm\\u2019s revenue has grown over 100% year over year. Today, Titan Wealth Group operates nationwide sourcing off-market investment properties for Titan Wealth Group\\u2019s acquisition as well as servicing a network of thousands of active real estate investors worldwide. Prior to founding Titan Wealth Group, Fernando worked for Dow Chemical, a Fortune 50 company, rolling out a flagship product estimated to gross $1B in global revenues. With an engineering background, Fernando is able to approach real estate investing with a keen analytical mindset that allows Titan Wealth Group to identify opportunities and project accurate pictures of future performance. Fernando graduated from the University of Illinois at Urbana-Champaign with a B.A. degree in Technical Systems Management.\\n\\xa0\\n[00:01 - 04:20] Opening Segment\\nGet to know Fernando Angelucci\\nLet\\u2019s welcome him back!\\nSwitching from residential multifamily to self storage syndicating and developing\\n\\xa0\\n[04:21 - 16:57] Negative Impacts of Self Storage\\nWhy lenders tighten up during an economic uncertainty\\nThey\\u2019re sitting on a lot of cash!\\nHow REITs and hedge funds convert their massive cash positions into real estate\\nThe coronavirus influence on lenders\\xa0Some macrodata from TREPP\\n\\nA recession-proof asset\\xa0\\nNew development and building new propertiesWorking around the labor issue\\nBuild on contingencies\\nPaying for time and IRR\\n\\nWhy Fernando started developing self storage\\n\\xa0\\n[16:58 - 27:02]\\xa0 Positive Impacts of Self Storage\\nThere are buyers everywhere!\\nA $10,500,000 build sold at $18 million in a month\\nPrices are through the roof on market prices\\nLenders readjusting and balancing their portfolios\\xa0Recourse and non-recourse loans\\n\\nSquare footages and self storage facilities: What Fernando\\u2019s team are looking for\\n\\xa0\\n[27:03 - 36:03] Closing Segment\\nQuick break for our sponsorsGroundfloor offers short-term, high-yield real estate debt investments to the general public. Check www.passivewealthstrategy.com/groundfloor/ to get started.\\n\\nWhat is your favorite book to read for personal reasons?Tools of Titans\\n\\nWhat is your favorite book to read for business purposes?Am I Being Too Subtle?\\nWhat It Takes\\nThe Creature from Jekyll Island\\n\\nFernando\\u2019s Travel Bucket ListBrazil\\nItaly\\n\\nConnect with my guest. See the links below.\\n\\xa0\\nResources Mentioned:\\nRich Dad Poor Dad\\n\\xa0\\nTweetable Quotes:\\n\\u201cSelf storage is known as a recession, a recession-resistant asset.\\u201d - Fernando Angelucci\\n\\u201cIf you can't buy a property below replacement cost, your only other option is to build it.\\u201d - Fernando Angelucci\\n------------\\nConnect with Fernando Angelucci through (630)-408-8090 and LinkedIn.\\xa0 Visit their website https://www.impactselfstorage.com/.\\xa0\\n\\xa0\\nInvest passively in multiple commercial real estate assets such as apartments, self storage, medical facilities, hotels and more through https://www.passivewealthstrategy.com/crowdstreet/\\nParticipate directly in real estate investment loans on a fractional basis. Go to www.passivewealthstrategy.com/groundfloor/ and get ready to invest on your own terms.\\xa0\\nJoin our Passive Investor Club for access to passive commercial real estate investment opportunities.\\nLEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode or click here to listen to our previous episodes"