Thursday, May 28, 2020
Self Storage Q5 Downside To Storage
So often times investors, after they learn a little bit more about storage, they ask me, you know, "Fernando, what is the downside of storage?" My name is Fernando Angelucci, "The Storage Stud".
The response I usually have to this is that, there's a few downside factors. The first one is, you know, no investment is impervious to up and down cycles in the economy and storage is the same way. Now storage experiences less of a downward shift in a downmarket than say office or multifamily does. But another risk that we always look at is, you know, the movement to declutter. The Marie Kondos of the world.
The more people live and shop within their means and stop spending more on things that they don't have space for. That's going to drive the use of their storage down a little bit. But over the last 40 to 50 years, which you've noticed is the United States is a very consumer driven economy. And we like our stuff. And once we buy our stuff, we don't like to get rid of it. So usually those are the people that are going to be using additional storage.
My name is Fernando Angelucci and if you want to learn more about storage, check out TheStorageStud.com
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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
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