Self Storage Income

266. 4 Self Storage Investments in 2 Years After Losing Absolutely Everything w/Charles Lindner


Listen Later

Today’s guest bought four self storage facilities in two years after disaster struck his family. Imagine you just lost everything. Your house is gone, your job is over, and you’re in a new city. You’re trying to rebuild your life but starting back from zero. Most people would settle into defeat, asking, “What’s the point?” as they struggle to cope with what just happened to them. Charles Lindner isn’t like most people.

After a fire took away his house, memories, possessions, and sense of security, Charles searched for something he could feel passionate about. Rental properties seemed enticing, but during the lockdowns, with rents rarely being paid, he knew single-family homes weren’t for him. After his soon-to-be business partner commented on how much self storage facilities seemed to be making, he did some digging, found this podcast (seriously!), and now has four facilities in just two years.

Okay, but how does someone with zero experience build a self storage empire in the time it takes most beginners to get their first deal? Today, Charles shares his secret to finding the best value-add facilities, how he gets 0% interest seller financing deals, and the one thing you MUST do if you want to get a facility under contract. 

What you’ll learn in today’s show:

  • How to build your self storage investment portfolio from SCRATCH (with zero experience)
  • The mismanaged self storage facilities you should look for when searching for deals
  • Seller financing and how to score a 0% interest rate on your next facility
  • Why you always (ALWAYS) should visit the property BEFORE you make an offer 
  • What to do when you don’t have any more money to invest (and can’t get a bank loan!)
  • The perspective shift that follows a traumatizing event that breeds success 
  • Follow Charles on Instagram - https://www.instagram.com/deallock71/

    📌 Make self storage management easier than EVER with our podcast sponsor Tenant Inc. - https://www.tenantinc.com/

    🌳 Work with someone experienced in self storage loans at Live Oak Bank! https://www.liveoakbank.com/business-loans/self-storage/

    🎙️ Do you have a great story to share on the SSI or AJ Osborne podcasts? You can now apply here! https://form.asana.com/?k=TGU88eU0bFTFW1iHcckuTA&d=1203571084143207

    📖 Get AJ's new book that teaches you everything he knows about self-storage https://a.co/d/aRSKcSq

    ...more
    View all episodesView all episodes
    Download on the App Store

    Self Storage IncomeBy AJ Osborne

    • 4.9
    • 4.9
    • 4.9
    • 4.9
    • 4.9

    4.9

    569 ratings


    More shows like Self Storage Income

    View all
    BiggerPockets Real Estate Podcast by BiggerPockets

    BiggerPockets Real Estate Podcast

    16,824 Listeners

    The Best Ever CRE Show by Joe Fairless

    The Best Ever CRE Show

    988 Listeners

    Rental Income Podcast With Dan Lane by Rental Income Podcast

    Rental Income Podcast With Dan Lane

    824 Listeners

    Lifetime Cash Flow Through Real Estate Investing by Rod Khleif

    Lifetime Cash Flow Through Real Estate Investing

    1,412 Listeners

    Real Estate Investing with Coach Carson by Chad Coach Carson

    Real Estate Investing with Coach Carson

    590 Listeners

    Ken McElroy Show by Ken McElroy

    Ken McElroy Show

    722 Listeners

    Real Estate Rookie by BiggerPockets

    Real Estate Rookie

    1,811 Listeners

    Self Storage Investing by Scott Meyers, Stories and Strategies

    Self Storage Investing

    38 Listeners

    The Self Storage University Podcast by Frank Rolfe

    The Self Storage University Podcast

    13 Listeners

    BiggerPockets Daily by BiggerPockets

    BiggerPockets Daily

    325 Listeners

    The Lifestyle Investor - Investing, Passive Income, Wealth by Justin Donald

    The Lifestyle Investor - Investing, Passive Income, Wealth

    284 Listeners

    Creating Wealth Through Self Storage by Creating Wealth Through Self Storage

    Creating Wealth Through Self Storage

    7 Listeners

    On The Market by BiggerPockets

    On The Market

    885 Listeners

    The BetterLife Podcast: Wealth | Real Estate Investing | Life by Brandon Turner & Cam Cathcart

    The BetterLife Podcast: Wealth | Real Estate Investing | Life

    820 Listeners

    The David Greene Show by David Greene

    The David Greene Show

    669 Listeners