Real Returns

Full-Property Monetization: Impact Maximization for Your Space | Joseph Woodbury


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How can a simple idea of renting out unused spaces revolutionize the storage industry and significantly impact individuals and communities?

In this episode, Joseph Woodbury, the founder and CEO of Neighbor.com, shares the fascinating story behind his nationwide self-storage marketplace. This discussion unveils how Neighbor.com is revolutionizing the self-storage industry by turning idle space into income-generating assets, not just for homeowners but for commercial property owners across the United States. Through a series of compelling stories, insightful business analyses, and personal anecdotes, Woodbury illustrates the broader impact of space monetization on communities, individuals, and the environment.

[00:01 - 05:11] Unpacking Neighbor.com's Mission

  • Neighbor.com's unique approach to nationwide self-storage
  • How excess space monetization benefits homeowners and investors
  • The platform's role in all 50 states

[05:12 - 10:51] The Financial and Community Impact

  • Real-life success stories from the platform
  • The significant financial impact on individuals' lives
  • Neighbor.com's contribution to stronger community bonds

[10:52 - 15:14] Exploring Supply and Demand Dynamics

  • Challenges in balancing supply and demand
  • The importance of supply for platform growth
  • Strategies for attracting more space listings

[15:15 - 20:00] Joseph Woodbury's Entrepreneurial Journey

  • The inspiration behind Neighbor.com
  • Joseph's perspective on impact investing
  • The challenges and rewards of building a marketplace platform

[20:01 - 27:30] Personal Insights and Future Visions

  • Woodbury's personal wins and inspirations
  • The future of Neighbor.com and space monetization
  • How listeners can connect with Neighbor.com

Connect with Joseph!

www.neighbor.com

Key Quotes:

"Most of every dollar that comes in through our platform doesn't go to us; it goes to people." - Joseph Woodbury

"Throwing yourself into situations that you feel incapable is probably the fastest way to grow." - Joseph Woodbury

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Real ReturnsBy Andrew Reichert