298: Self Storage- The Recession Resistant Inflation Capturer

The Commercial Investing Show

Paul Moore, founder and managing partner of Wellings Capital, steps in for Jason Hartman today to talk about self storage and why it’s 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’s 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

14:19 Flexible lease terms lead to easy evictions

14:30 Institutional investors are running after self storage right now

Mentions:

JasonHartman.com

WellingsCapital.com

Paul Moore’s Latest Book:

Storing Up Profits: Capitalize on America's Obsession with STUFF by Investing in Self-Storage

Tweetables:

Self storage captures inflation better than any other real estate asset class. Paul Moore

Self storage is recession-resistant. Paul Moore