296. The #1 Reason You Haven’t Bought a Self Storage Facility…Yet
Thinking of buying a self storage facility? If you’re like most people, you’ve been thinking about it for a while. You see self storage deals come up in your emails or on listing sites. You get close to pulling the trigger, but haven’t quite gotten there yet. What’s the deal? Why does it seem so hard to finally buy your first self storage facility?
You’re not alone. In today’s episode, we’re describing why this “analysis paralysis” happens, how to break through it, and finally buy a self storage investment.
We break down why so many investors never close that first facility—and how to move past fear, doubt, and analysis paralysis. Whether you’re unsure about risk, buried in underwriting, or just can’t pull the trigger, this episode gives you the mindset, framework, and tools to finally buy a storage facility the right way.
We’re not talking fluff. We’re talking tactical risk management, how to build your buy box, what really holds people back from buying their first self storage facility, and how to cut through the noise to take action. Plus, an exercise you can do RIGHT now to prove to yourself a deal is worth buying and that you can handle getting it done!
What you’ll learn in today’s show:
- The real reason you haven’t bought your first self storage investment yet
- How to break through analysis paralysis and build confidence to finally buy
- A three-step risk mitigation framework to help you quantify risks and make smart, confident buying decisions
- Why waiting for the “perfect” signal is a trap—and how the best deals are often made when others are afraid (like right now!)
- The mindset shift that top investors make to go from fear to execution
Useful links!
Buying your first facility- https://www.selfstorageincome.com/blog/buying-your-first-self-storage-facility
Storage investing 101- https://www.selfstorageincome.com/blog/self-storage-investing-101
Underwriting 101- https://www.selfstorageincome.com/blog/self-storage-underwriting-101
