Fernando O. Angelucci is the Founder and President of Titan Wealth Group. He also leads the firm’s finance and acquisitions departments. Fernando Angelucci and Steven Wear founded Titan Wealth Group in 2015, and under his leadership, the firm’s revenue has grown over 100% year over year. Today, Titan Wealth Group operates nationwide sourcing off-market investment properties for Titan Wealth Group’s acquisition as well as servicing a network of thousands of active real estate investors worldwide. Prior to founding Titan Wealth Group, Fernando worked for Dow Chemical, a Fortune 50 company, rolling out a flagship product estimated to gross $1B in global revenues. With an engineering background, Fernando is able to approach real estate investing with a keen analytical mindset that allows Titan Wealth Group to identify opportunities and project accurate pictures of future performance. Fernando graduated from the University of Illinois at Urbana-Champaign with a B.A. degree in Technical Systems Management.

 

[00:01 - 04:20] Opening Segment

Get to know Fernando Angelucci

Let’s welcome him back!

Switching from residential multifamily to self storage syndicating and developing

 

[04:21 - 16:57] Negative Impacts of Self Storage

Why lenders tighten up during an economic uncertainty

They’re sitting on a lot of cash!

How REITs and hedge funds convert their massive cash positions into real estate

The coronavirus influence on lenders Some macrodata from TREPP

A recession-proof asset 

New development and building new propertiesWorking around the labor issue

Build on contingencies

Paying for time and IRR

Why Fernando started developing self storage

 

[16:58 - 27:02]  Positive Impacts of Self Storage

There are buyers everywhere!

A $10,500,000 build sold at $18 million in a month

Prices are through the roof on market prices

Lenders readjusting and balancing their portfolios Recourse and non-recourse loans

Square footages and self storage facilities: What Fernando’s team are looking for

 

[27:03 - 36:03] Closing Segment

Quick break for our sponsorsGroundfloor offers short-term, high-yield real estate debt investments to the general public. Check www.passivewealthstrategy.com/groundfloor/ to get started.

What is your favorite book to read for personal reasons?Tools of Titans

What is your favorite book to read for business purposes?Am I Being Too Subtle?

What It Takes

The Creature from Jekyll Island

Fernando’s Travel Bucket ListBrazil

Italy

Connect with my guest. See the links below.

 

Resources Mentioned:

Rich Dad Poor Dad

 

Tweetable Quotes:

“Self storage is known as a recession, a recession-resistant asset.” - Fernando Angelucci

“If you can't buy a property below replacement cost, your only other option is to build it.” - Fernando Angelucci

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Connect with Fernando Angelucci through (630)-408-8090 and LinkedIn.  Visit their website https://www.impactselfstorage.com/. 

 

Invest passively in multiple commercial real estate assets such as apartments, self storage, medical facilities, hotels and more through https://www.passivewealthstrategy.com/crowdstreet/

Participate directly in real estate investment loans on a fractional basis. Go to www.passivewealthstrategy.com/groundfloor/ and get ready to invest on your own terms. 

Join our Passive Investor Club for access to passive commercial real estate investment opportunities.

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