Community Impact of Self-Storage

Hi! My name's Fernando Angelucci. I'm The Storage Stud. Today I'd like to talk about the Community Impact of Self Storage in the industry in general. Unlike multifamily or single family investments, where your clientele can come from, you know, up to an hour, hour and a half away. Self storage is much different. It's actually, hyperlocalized. 90 plus percent of your customer base is going to come from your trade area. And depending on the density of the population where you're living, that trade area can be anywhere between one to five miles in radius. Not a huge landmass because self storage is one of those things that is very top of mind, very local, usually someone, when they finally decide to use your facility, they've been driving past it on the way to work for the last five years. And then once they finally have that need, they end up stopping in or giving you a call. Because of that, we have found that is very important to give back to our local communities.

And by doing that, not only it enriches the community around us, which in the end of the day, not only helps us resell the property for a higher value by propping up our community around us. But it also helps with just the general public sentiments about your facility and about what you do for the community. So one of the things that we really like to do is we will go find local activities or local charities that are of importance to the local community. An example of, one of the things we've done in the past is we've sponsored a little league baseball team. And so we went in, we donated so that they can buy supplies and uniforms, things like that. That was huge. Not only from us, helping them get these kids that may have not been able to play the ability to play, but then at the same time now we just, we market ourselves to the actual community members.

Our self storage name is on the uniforms. Their parents are seeing that over and over again when they're doing their laundry or when they're taking their kids to the games or to practice. So it's always going to be kinda in the back of their mind so that in the eventual day that they need storage, they'll remember us as, Oh yeah. I remember Fernando, you know, sponsored my kid's little league team. Let's go take a look at that one, as opposed to going online and searching for the top five self storage facilities in the area. Another thing that we've done before is toy drives. Usually they are organized by some type of community leader or community organization. And it's usually for children that don't have the, you know, the fortune to, to come from a family that can afford these kind of disposable income type products, you know. Cars and toys and video games and things like that. So we'll donate to these toy drives. So that come Christmas time, they'll be able to open something underneath the Christmas tree, just like some of their more affluent friends.

We've done food drives as well. We have done outreach. We have worked with charities and donated one or two of our empty units for the charities to use. Either to use as a area where someone can drop off goods that they're donating, or even as just additional storage, because they don't have it in their office or maybe their office is too small. These are all things that I have found really help. Not only make us feel good about what we're doing. Business not, is not always about the bottom line. It's not always about making the most money possible. What we found is that when you support your community and when you, when you volunteer and when you donate, these are things that really bring us the most self fulfillment out there.

You know, money is just money and whether you have more of it or less of it, you can always make more, or less, then spend it. But when you're changing people's lives and making an impact in the communities that support you by, you know, supporting them back, that we have found that that's been some of the best things that we've done with the business. And it's, it's all non-monetary.

So my name's Fernando Angelucci, I'm The Storage Stud. If you'd like to get in contact with me, feel free to drop me a line at our website, 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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