AREI 51: How To Scale with Self Storage Investments with Fernando Angelucci
Running a business is very difficult. But keeping it afloat is much more difficult. So, what can you do to keep your business going?
Scaling up is the only sustainable way to avoid going bankrupt. Are you getting a deep impression on your face? Let soften them. The business world is very unstable. No matter how popular your product or service is today, the next wave of change will wash it away.
To cope with these changes, you need to open up ROI channels and expand your audience over the long term. In this episode Fernando Angelucci share his story and strategies that had stood the test of time. Join us and Listen in.
At the age of 30, Fernando Angelucci has built a portfolio of over $100,000,000 in self-storage assets across the country within the last 3 years. Mr. Angelucci diversified his investments between purchasing existing cash-flowing assets, building ground-up REIT grade facilities, and utilizing adaptive reuse conversions of big box retail stores into class A self-storage.
[00:01 - 00:48]
• We welcome Fernando Angelucci to the show
[00:47 - 05:37]
• Fernando's background how he started investing in real estate.
[00:01 - 00:48]
• We welcome Fernando Angelucci to the show
[03:13 - 04:22]
• $96,000 in credit card debt just to start.
[04:23 - 06:49]
• Why Self Storage?
[22:31 - 24:34]
• How did he come up with the name impact?
[24:34 - 30:28]
• Implementing what you have read and why you should?
[30:29 - 39:46] Closing Segment
• Asking Tim the Adventurous Four
Memorable Quotes:
" One of the things I always tell people is , when you're making a decision, whether you make a right or wrong decision, even if you make the wrong decision, typically the outcome is better than indecision. So if you do nothing, that is the worst thing you can do, as opposed to making a decision and being wrong about it, because then at least you can learn from your mistakes.
You can apply them to, you know, and I've made plenty of mistakes in my life. And it comes down again, another kind of cliché saying but you know, fail fast and fail early and that way you can grow past those failures in real estate. There's no such thing as failure. There's just really expensive life lessons. " -Fernando Angelucci
Until next time...
Explore more. Adventure awaits.
