Self Storage Q11 Living in Storage Unit

So a question I was asked by my friend Scott was, has anyone ever snuck into a self storage facility and started living in their unit? It's a great question. My name is Fernando Angelucci. I'm "The Storage Stud".

We did have one case of this in the past where we had recently purchased the self storage facility. I think it was our second or third day of owning that facility. And we found out that an individual had actually moved into his self storage unit. There was a refrigerator in there, there was a lazy boy. We quickly told them, "Hey, you know, you're not allowed to live here. That's not, you know, the type of facility this is. And we're going to have to ask you to leave immediately."

Now, one of the things that we do to make sure that this is not going to happen is, anytime we buy a facility, we'll actually remove any type of electrical plugins to those units. The only units that we allow electrical to be run to are contractors units. Where there'll be doing, you know, work in that unit. Maybe working on cars or having a machine operation. But in general, that is a very rare thing to do, and it usually only comes about when there is a neglect of management that has been pervasive over the last couple of years. Our contracts with our customers specifically outline that they're not allowed to live in the facility. They're not allowed to stay here for long periods of time, and they're not allowed to congregate there. So that's a great question by my buddy Scott.

My name's Fernando Angelucci. If you'd like to learn more about storage, feel free to drop me a line at www.TheStorageStud.com talk to you soon!

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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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