AJ Osborne on How to Create Passive Income with Self Storage

Self storage is known for being a great way to generate passive income, but is it really as passive as we’ve been led to believe? Can we rely on it as our sole source of income? Where should we be establishing self-storage units In this episode, founding member of Bitterroot Holdings and host of the Cashflow 2 Freedom and Self Storage Income podcasts, AJ Osborne shares how to create passive income with self storage.
Don’t touch markets where people are moving out. Look for high occupancy markets.AJ Osborne

Watch the Full Episode Here:

3 Things We Learned From AJ Osborne

  • Use self-storage to generate passive income- but be mindful that there are a lot of exaggerations about how easy they are to operate.
  • Maintain multiple income streams. Many self storage property owners give up their jobs as soon as they see a profit- but for more sustainable results we should be combining active and passive income streams.
  • It’s vital that we set up our self storage businesses in high-occupancy markets.

At the start of this episode, we discussed that it’s important to have passive income generators in place- especially in the event that we’re unable to provide for our families. We then spoke about how to go about starting a self-storage business.

We also discussed:

  • Why we need to be careful not to over-leverage in self-storage businesses
  • The two steps we have to take to build wealth quickly
  • Establishing self-storage businesses in stable markets

Guest Bio- 

AJ Osborne is a founding member of Bitterroot Holdings and Keylock Storage. With over 15 years of experience purchasing and building storage facilities across multiple states, AJ is something of an expert. He shares his knowledge through two podcasts- Self Storage Income and Cashflow 2 Freedom. AJ is a fierce advocate for multiple income streams, since surviving Guillain-Barré syndrome. 

To find out more about AJ, follow him on Instagram: @ajosborne

You can also listen to his podcasts on www.selfstorageincome.com

And cashflow2freedom.com 

Books mentioned on this episode:
The Warren Buffett Way: Investment Strategies of the World’s Greatest Investor by Robert G Hagstrom

Ready to discover the power of a 40 person marketing & sales team…WITHOUT having to hire a single person? To learn more, hear what members are saying, and see if you’re qualified, visit RealEstateInvestor.com.

Share on facebook
Share on twitter
Share on linkedin
Share on pinterest
Share on email

The doorway to your financial freedom and pathway to success is literally one click away.

Our goal is to deliver you the best services and support for your needs today and into the future. As the first step in our relationship with you, we want to make sure that we deliver exactly what you need right now – nothing more, nothing less.

REIv2_ThankYou_Illustration_Small_logo

Let's Get Started

To help us recommend the best service for your needs, please answer a few simple questions using the form below. Thank you!

  • This field is for validation purposes and should be left unchanged.
REIv2_ThankYou_Illustration