[00:01 - 04:41] Opening Segment
Let’s welcome back Paul Moore
Paul introduces Wellings Capital and his multifamily and self-storage journey
[04:42 - 15:38] The Opportunity in Self Storage
The Number One Risk in Self-Storage
How to Address the Wrong Location Risk At Hand
Resilient to Generational Shifts
Big metal boxes that spit out cash
[15:39 - 27:01] Breaking into New Asset Classes
Taking into account fully automated facilities
7 paths to getting involved in commercial real estate
Choosing between actively or passively investing
The Future of Self-Storage
[27:02 - 37:11] 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 the best investment you've ever made other than your education?Mobile Home Park in Louisville, Kentucky
Paul’s worst investmentWaterfront lot
What is the most important lesson that you've learned in business and investing?“The difference between investing and speculating.”
Connect with Paul Moore through Facebook, BiggerPockets, and LinkedIn. Visit Wellings Capital and get the latest special reports on self-storage, mobile home park investing, commercial real estate.
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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Tweetable Quotes:
“Self-storage is quite resilient to rent increases. We found that more age ranges and demographics are jumping into self-storage.” - Paul Moore
“Automation can sometimes really help a mom and pop facility.” - Paul Moore
“Speculating is when your principal is not at all safe, and you've got a chance to make a return. But investing is when your principal is generally safe, and you've got chance to make a return.” - Paul Moore