From One Cold Call to 10X Income
In 2019, I had been doing single-family deals, but I knew I wanted to get into commercial real estate.
I knew I wanted to get into self-storage, but I was scared to make a cold call.
Eventually, I built up the courage, made the call… and…landed my first storage facility under contract.
Literally, I made a deal on the first property I called.
Of course, it won’t always be like that. But it taught me a big lesson.
It taught me to tell myself, “Don’t wait.”
When I am putting something off. When I know I want to go bigger but my fear is telling me I’m not ready, I remember how that one phone call changed everything.
That deal opened the door to commercial real estate, and it 10x’d my income compared to the single family grind I’d been trapped in.
I’ve never looked back.
As time goes on, my confidence in my self-storage investments grows. It gives me a lot of comfort.
Here are a few reasons why…
- It’s one of the lowest defaulting real estate assets, coming in with a 92% success rate. (Compared to other types of business that is crazy high.)
- It’s been one of the leading asset classes since 2008. (Just saw Cody Sanchez mention this in an IG Reel the other day.)
- It’s a $60+ Billion industry that is expected to grow to $80+ Billion by 2030. (Now is the time to get in and stay in.)
- And…people who have already built lots of wealth have added self-storage to their portfolio. (People like Brandon Turner, Bill Gates, and Warren Buffett.)
If you’ve been thinking about getting into commercial real estate or self-storage, ask yourself, “What am I waiting for?”
Even if you are scared like I was, don’t wait on the perfect moment. It will never come. Just get moving.
