298: Self Storage- The Recession Resistant Inflation Capturer
b'
Paul Moore, founder and managing partner of\\xa0Wellings\\xa0Capital, steps in for Jason Hartman today to talk about self storage and why it\\u2019s so popular right now. Self storage has done remarkably well through the pandemic and Paul will take you through the underlying fundamentals that drive self storage and why it captures inflation better than any other real estate asset class.
Key Takeaways:
0:45 What\\u2019s driving the boom in self storage?
2:22 Four Ds of self storage: death, downsizing, dislocation, divorce
4:32 Self storage facilities in the United States
4:57 The value formula in commercial real estate deals and value adds
6:59 Self storage is recession resistant
8:35 Self storage is an inflation capturer
10:08 Dynamic pricing and ancillary income
11:50 Additional value adds: boat and RV storage, truck leasing\\xa0
14:19 Flexible lease terms lead to easy evictions
14:30 Institutional investors are running after self storage right now
Mentions:
\\xa0
Paul Moore\\u2019s Latest Book:
Storing Up Profits: Capitalize on America\'s Obsession with STUFF by Investing in Self-Storage
Tweetables:\\xa0
Self storage captures inflation better than any other real estate asset class. Paul Moore
Self storage is recession-resistant. Paul Moore
\\xa0
'