Apr 13, 2022

Have you ever considered buying a storage facility to start making money? This could be a great opportunity to get closer to real estate and learn how to invest passively. In this week’s episode, we have an incredible guest, Stacy Rosseti, a real estate investing expert and coach who owns and operate REI USA and StorageNerds. REI USA is an online education and networking platform that is exactly the tool that she would have wanted when she was getting her start, something that aspiring and established investors can turn to, a means to cut your learning curve dramatically.

Together Stacy and Her husband Pete currently own and operate 11 storage facilities. Investing in self-storage is their passion and how they have decided to build wealth. It is the best-kept secret in the investing world and she doesn't know why more are not investing in it.

Let’s jump into what’s appealing about self-storage!

[00:01 - 08:45] Opening Segment

• Stacy shares her background and work
• • How she got into real estate in 2010
  • Who is the person that inspired her to get into housing rehab
  • Her decision to not do rehab in 2015
• Why Stacy decided to do passive income

[08:46 - 18:23] Why You Should Buy Facilities in the Secondary and Tertiary Markets

• Stacy’s experience with the first self-storage facility 
• How Stacy is making deals 
• • Focusing on secondary and tertiary markets 
• What you should consider when choosing a storage facility
• The buyers that will be interested in facilities in tertiary markets once the rates are raised

[18:24 - 26:00] Finding Out Your First Storage Facility

• Stacy shares the biggest barriers her students face when getting their first facility 
• Strategies to find lists and names of owners 
• • Build your own lists instead of paying for them
  •  Find the hidden market
• How Stacy helps their students to expand their facilities

[26:01 - 27:36] Closing Segment 

Want to connect with Stacy? Follow her on Facebook, Instagram, and Youtube. Head to Stacy Rossetti, and build a successful virtual business and passive income! 

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Visit my website www.luxe-cap.com or my YouTube channel

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Tweetable Quotes

"If you don't have a lot of money to invest, there's nothing wrong with going into tertiary markets, and just getting your foot in the ground and getting started.” - Stacy Rossetti 

"It's a numbers game. The more people that you're talking to, the more chance you're going to have to find a facility or somebody that wants to sell.” - Stacy Rossetti

"When you're right in front of the facility, you have more chance of getting it under contract.” - Stacy Rossetti