Self Storage Q9 Avoid Tenants

When I'm talking to some of my local investors that I see at the, you know, the local REIA meetings. When we get onto the subject of, you know, the headaches that come along with owning residential properties. I always kind of smirk a little bit and I say, you know, it's time for you to give up the tenants, the toilets and trash. My name is Fernando Angelucci. I'm "The Storage Stud".

Is it true that self storage really avoids tenants, toilets and trash? And it's kind of a yes and a no. So technically, you have customers, which I guess you can say are your tenants, but they're not habitating your units. Usually a lot of these self storage facilities that we buy, especially the entry level facilities that investors will buy for the first or second facility, they usually don't have any running plumbing. They don't have any electrical or just maybe barely any electrical just to light the common areas. And there's no trash dumping on our facilities is illegal. When you move out, you're not allowed to leave any trash at our facilities. So it is true. Most of our facilities, there are no tenants, no toilets, no trash, just customers and stuff.

My name is Fernando Angelucci. If you'd like to learn more about storage, feel free to drop me a line at www.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.
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