Key Takeaways from the Interview with Ruben Ugarte on REAL SECRETS of Self-Storage Investing.
- The Beginning of a Self-Storage Journey.
- Understand how and why experienced investors got started in self-storage.
- Discover the motivations behind choosing this asset class over others.
- Top Reasons to Invest in Self-Storage.
- High demand and recession-resilient nature of self-storage.
- Low maintenance and operational costs compared to other real estate investments.
- How to achieve scalability and potential for high ROI.
- Real risks in Self-Storage Investing.
- Operational risks, including poor management and security issues.
- Understand concepts of Market oversaturation, location-specific demand challenges.
- What about regulatory or zoning complications?
- Get a real deal Analysis for Self-Storage Purchases
- Understand key metrics: occupancy rates, plus, plus…
- Importance of analysis: Where and who?
- Understand and implement due diligence.
- Success Factors.
- Strong marketing and technology integration for streamlined operations.
- Mistakes Made and Lessons Learned.
- How to Start in Self-Storage Investing.
- Steps for beginners, including small-scale investments like shared ownership.
- Building a team.
- Accessing funding.
- Enjoyed these insights? Don’t forget to like, subscribe, and hit the notification bell so you never miss an episode!
GUEST:
Ruben Ugarte and his wife Marilu, both engineers, have been investing in real estate for many years in land, houses, apartment buildings and now self-storage facilities. With partner investors, they own and manage
several multifamily buildings and three self-storage facilities, 2 in Ontario and 1 in Alberta.
Ruben Ugarte, P.Eng.
RMDR Global Enterprises Inc.
rmdrglobal.com
604-353-7573
Host:
Ozzie Jurock – Author of best-selling books like Forget About Location, Location, Location and Real Estate Action.
Featured in Donald Trump’s real estate book and called a Real Estate Guru by Peter C. Newman in Titans.
Past President of Royal LePage (Res.) and Chairman of NRS Block Bros, with experience managing real estate companies across Canada, the U.S., and Asia.
Speaker Extraordinaire, delivering over 80 motivational speeches annually and hosting investor outlook conferences that attract 700 plus attendees.
Ozzie is passionate about helping people achieve their best financial futures and creating environments for growth. When he’s not talking real estate, you might find him skiing, boating, or wrestling with his golf game (spoiler: golf usually wins).
Connect with Ozzie:
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Website: ozziejurock.com
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