The Opportunity in Self Storage and Breaking into New Asset Classes with Paul Moore

Published: March 17, 2022, 5 a.m.

[00:01 - 04:41] Opening Segment\nLet\u2019s welcome back Paul Moore\nPaul introduces Wellings Capital and his multifamily and self-storage journey\n\xa0\n[04:42 - 15:38] The Opportunity in Self Storage\nThe Number One Risk in Self-Storage\nHow to Address the Wrong Location Risk At Hand\nResilient to Generational Shifts\nBig metal boxes that spit out cash\n\xa0\n[15:39 - 27:01]\xa0 Breaking into New Asset Classes\nTaking into account fully automated facilities\n7 paths to getting involved in commercial real estate\nChoosing between actively or passively investing\nThe Future of Self-Storage\n\xa0\n[27:02 - 37:11] 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\xa0 started.\n\nWhat is the best investment you've ever made other than your education?Mobile Home Park in Louisville, Kentucky\n\nPaul\u2019s worst investmentWaterfront lot\n\nWhat is the most important lesson that you've learned in business and investing?\u201cThe difference between investing and speculating.\u201d\n\nConnect with Paul Moore through Facebook, BiggerPockets, and LinkedIn.\xa0 Visit Wellings Capital and get the latest special reports on self-storage, mobile home park investing, commercial real estate.\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\xa0\xa0\xa0\xa0\xa0\xa0\xa0\xa0\xa0\xa0\xa0\xa0\xa0\xa0\xa0\xa0\xa0\xa0\xa0\n\xa0\nTweetable Quotes:\n\u201cSelf-storage is quite resilient to rent increases. We found that more age ranges and demographics are jumping into self-storage.\u201d - Paul Moore\n\u201cAutomation can sometimes really help a mom and pop facility.\u201d - Paul Moore\n\u201cSpeculating is when your principal is not at all safe, and you've got a chance to make a return. But investing is when your principal is generally safe, and you've got chance to make a return.\u201d - Paul Moore