In this enlightening conversation, Dr. Allen Lomax interviews Fernando Angelucci, a seasoned self-storage syndicator, who shares his journey from traditional employment to becoming a successful real estate entrepreneur. The discussion covers various investment strategies in self-storage, including tax mitigation techniques, the advantages of being a limited partner, and the nuances of financing high-value off-market opportunities. Angelucci also explains the differences between equity and debt investing, the trend of converting big box retail spaces into self-storage facilities, and provides an optimistic outlook for the self-storage industry in the coming years.
Listen to the podcast here or on your favorite podcast app:
Watch the Episode Here:
Main Points:
- Fernando Angelucci transitioned from a traditional job to real estate investing.
- Self-storage offers unique advantages like no tenants or maintenance.
- Tax strategies can significantly enhance returns in self-storage investments.
- Being a limited partner reduces risk and provides passive income.
- Financing strategies are crucial in acquiring off-market storage opportunities.
- Understanding the capital stack is essential for investors.
- Converting retail spaces to self-storage is a growing trend.
- Self-storage has shown resilience during economic downturns.
- The self-storage industry is expected to see continued growth.
- Investing in self-storage can provide better returns than the stock market.
Connect with Fernando Angelucci:
- fernando@SSSE.com
- http://www.ssse.com/
- https://www.linkedin.com/in/thestoragestud/
- https://www.facebook.com/TheStorageStud/
- https://www.instagram.com/thestoragestud
- https://twitter.com/thestoragestud?lang=bn
Biography of Fernando Angelucci:
A true renaissance man in real estate investing, Fernando is redefining self-storage as the smartest play in real estate, helping investors build taxefficient portfolios with emphasis on downside mitigation and social stewardship.
Fernando is a second-generation immigrant who started his real estate company by cash advancing $97,000 off credit cards to “jump from the plane and build the parachute on the way.”
Now as the Co-Founder and CEO of SSSE, Fernando has rapidly scaled his firm to $250M+ in self-storage assets across the US in just 6 years. From accredited investors seeking passive income to seasoned real estate owners wanting to transition into self-storage, Fernando helps a varied clientele achieve risk adjusted returns higher than any other real estate asset class.
A sought-after industry leader, Fernando has spoken in front of thousands at events such as the Inside Self Storage World Expo, the Self Storage Association, The Self Storage Mastermind, StorageLife, and CAREIA.