533: No Tenants, Toilets, or Trash? It's Possible, Through Self Storage w/ Paul Moore 01:08:21

    <p>It’s easy to get caught up in the world of residential real estate investing. Maybe buy a single-family buy-and-hold deal, or try and flip a house, or why not <a href="https://www.biggerpockets.com/blog/brrrr-pros-and-cons">BRRRR</a>? But, <strong>residential real estate comes with many challenges</strong>: complicated <strong>evictions</strong>, <a href="https://www.biggerpockets.com/blog/2016-07-16-fixing-clogged-pipes-drains">clogged <strong>toilets</strong></a>, a noisy tenant in your upstairs unit, and many, many more. But, there is an asset class you can invest in without toilets, tenants, or trash problems.</p><p><a href="https://www.biggerpockets.com/blog/contributors/paulmoore"><strong>Paul Moore</strong></a>, author, capital raiser, and real estate educator joins us to talk about his newest obsession: <a href="https://www.biggerpockets.com/blog/self-storage-investing-pros-cons"><strong>self storage investing</strong></a>. Why self storage? Maybe it’s because nobody is living in the property, or that many existing facilities have <strong>HUGE </strong><a href="https://www.biggerpockets.com/blog/benefits-risks-apartment-value-add"><strong>value-add</strong></a><strong> potential</strong>, or maybe it’s the tax savings, or the ability to increase equity by hundreds of thousands, if not millions, seemingly overnight.</p><p>There are so many reasons why self storage investing could be one of the<strong> greatest yet rarely spoken of assets</strong> in the world of real estate investing. Wondering how you can get started in this high-profit, low-maintenance investing world? <strong>Grab Paul’s new book, </strong><a href="https://store.biggerpockets.com/collections/new-collection/products/storing-up-profits?utm_source=podcast&amp;utm_campaign=storage"><strong><em>Storing Up Profits</em></strong></a><strong>!</strong></p><p><strong>In This Episode We Cover:</strong></p><p>Why commercial real estate allows you to <a href="https://www.biggerpockets.com/blog/leveraging-real-estate-build-wealth"><strong>build wealth</strong></a><strong> faster, smarter, and with scale </strong></p><p>The <strong>four strategies</strong> you can use to <strong>build your self storage empire </strong></p><p>The <strong>massive </strong><a href="https://www.biggerpockets.com/blog/tax-strategies-year-end"><strong>tax-saving strategies</strong></a> you may be missing out on</p><p>Looking for <strong>value-add</strong> that’s hidden in plain sight</p><p>The <strong>seven paths </strong>a new investor can take <strong>to get started in the self storage industry</strong></p><p>Income opportunities that could <strong>turn thousands in revenue into millions in </strong><a href="https://www.biggerpockets.com/blog/glossary/equity"><strong>equity</strong></a></p><p>And <strong>So </strong>Much More!</p><p>Links from the Show</p><p><a href="https://www.biggerpockets.com/forums">BiggerPockets Forums</a></p><p><a href="https://www.biggerpockets.com/blog/">BiggerPockets Blogs</a></p><p><a href="https://www.biggerpockets.com/blog/biggerpockets-podcast-285-3-reasons-multifamily-rentals-might-be-the-perfect-investment-with-paul-moore">BiggerPockets Podcast 285: 3 Reasons Multifamily Rentals Might Be the Perfect Investment with Paul Moore</a></p><p><a href="https://www.biggerpockets.com/blog/biggerpockets-podcast-286-13m-in-equity-from-one-deal-and-cash-flowing-despite-being-comatose-with-aj-osborne">BiggerPockets Podcast 286: $13M in Equity from One Deal &amp; Cash Flowing Despite Being Comatose with AJ Osborne</a></p><p><a href="https://www.biggerpockets.com/blog/contributors/paulmoore">Paul Moore’s Blogs in BiggerPockets Blog</a></p><p><a href="https://www.blackstone.com/">Blackstone</a></p><p><a href="https://www.uhaul.com/">U-Haul</a></p><p><a href="https://www.airbnb.com/">Airbnb</a></p><p><a href="https://www.forbes.com/">Forbes</a></p><p><a href="https://www.amazon.com/">Amazon</a></p><p><a href="https://www.wellingscapital.com/">Wellings Capital</a></p><p><a href="https://www.egizell.com/people/sam-zell/">Sam Zell</a></p><p><a href="https://www.jscott.com/">J Scott's Personal Website</a></p><p><a href="https://www.biggerpockets.com/users/tarl">Tarl Yarber's BiggerPockets Profile</a></p><p><a href="https://headquarters.kw.com/leadership/gary-keller/">Gary Keller</a></p><p><a href="https://www.forbes.com/profile/jeff-bezos/">Jeff Bezos</a></p><p><a href="https://tomwheelwright.com/">Tom Wheelwright's Personal Website</a></p><p>Check the full show notes here: https://biggerpockets.com/show533</p>
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