Self Storage Q3 Mobile Home Parks

So the other day I was speaking with one of my investors. And in our conversation he brought up the similarities between mobile home parks and self storage. And he was asking, you know, "Aren't these pretty similar investments? Are the tenants maybe not an ideal demographic for you?" My name is Fernando Angelucci, "The Storage Stud".

My answer to that question would be, there are two massively different investments. Again, self storage is one of those investments where we're storing stuff. We're not storing people. There is no express or implied warranty of habitation. With mobile home parks you still have that people component. There's still rent that needs to be paid. Or a lot rent that needs to be paid. There's still eviction issues so when you look at mobile home parks and self storage, these are massively different assets. And it is true that mobile home parks have maybe not as ideal demographic. But self storage kind of transcends all of the socioeconomic levels.


Someone that has a million dollar house versus someone that has a hundred thousand dollar house. At some point in time they're both going to need self storage because when they're going through these transitions in their life, they're going to need a place to store their stuff securely and safely. Know that it's going to be there when they get there. And you know, potentially maybe just use it for a couple months, or in other cases, use it longterm as just an extension of their own home. As an extension of their storage space.
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Fernando O. Angelucci is 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,
Find out more at
https://www.TheStorageStud.com

http://titanwealthgroup.com/

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 world wide. 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.
Titan Wealth Group was founded in 2015 with the vision of gathering individual investors that have the means to invest but lack either the time to find high-yield investment opportunities or the access to these off-market deals. All too often, founders Fernando Angelucci & Steven Wear came across investors who had deployed their capital only to regret the lack of consistency or degree of returns their investments were producing. In response, Titan Wealth Group provides access to highly-vetted real estate secured investments and off-market acquisition opportunities primarily in the Greater Chicago MSA. Today, Titan Wealth Group not only assists individual investors but has grown to support the acquisition goals and capital deployment of investment groups, private equity firms, and real estate investment trusts (REITs).
As a facilitator of wealth growth, Titan Wealth Group believes that success is not limited to the sum of our efforts and is infinite with what can be accomplished through partnership.
#SelfStorage #RealEstateInvesting #AlternativeFunds