327. He Built a 15-Facility Portfolio with These “Underrated” Skills (Not Money)
The self storage industry has finally bottomed out, and today’s guest believes there are more deals now than ever. He’s seizing the moment and buying self storage facilities left and right because in 18 months, these deals could completely dry up—leaving many wishing they had invested in self storage.
In this episode, Conner and George sit down with Ben Gottfredson, who, just a few years ago, depleted his life savings to build his first self storage facility. Since then, he has started his own private equity fund and scaled his self storage business to 15 facilities. But the truth is that Ben would still be stuck on his second deal if he hadn’t developed soft skills and forged invaluable partnerships that helped him rapidly grow his net worth and create lucrative investing opportunities for many close friends and family members.
Today, he’ll show you how to do just that—build out your network and teams in a way that allows you to grow your portfolio as quickly as possible. Ben also opens up about the blunders he made on past deals, from buying while the market was at its peak to cutting corners when stabilizing his facilities, so you don’t repeat his costly mistakes!
What you’ll learn in today’s show:
- How Ben has scaled from one to 15 self storage facilities in only a few years
- Why now is the best buying window the self storage industry has seen in years
- The top-down and bottom-up approaches to building your self storage business
- Fast-tracking your investments through education and networking
- How to scale your portfolio faster with smart investing partnerships
- “Underrated” soft skills that provide rare self storage investing opportunities
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▶️ Buying Your First Facility in a Small Town w/ Ben Gottfredson | SSI Podcast #217 - https://www.selfstorageincome.com/podcasts/self-storage-income-2/episodes/2148265195
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