152: A Realistic View of Self Storage with Fernando Angelucci

Big Mike Fund Podcast
Big Mike Fund Podcast
152: A Realistic View of Self Storage with Fernando Angelucci
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We are excited to have once again Fernando Angelucci, Chief Executive Officer of Self Storage Syndicated Equities. Join us as we talk about what’s happening in the self storage space. Before getting into self storage Fernando worked at Dow Chemical, a Fortune 50 company. He rolled out a flagship product estimated to gross $1B in global revenues. When he was 23, Fernando started doing real estate in the residential side with wholesaling and acquiring residential rentals. He then went on to build a multi-family rental portfolio spanning the Midwest. In preparation for the next down cycle, Fernando and the team divested from residential real estate to focus on self storage. 

Lean in and find out what he has to say about diversifying to self storage, how it does during a recession, and why investing in older facilities is probably safer these days. Don’t miss it!

HIGHLIGHTS OF THE EPISODE

00:23 – Guest Intro: Fernando Angelucci

01:04 – What’s new in Fernando’s world

03:19 – Paying top prices even though interest rates are climbing

05:56 – Buying on a low leverage

08:28 – Investment decisions: where to allocate cash matters.

12:36 – Value add and co deals over construction deals

20:47 – Continue dollar cost averaging or invest over time 

27:29 – Will storage do well in a mild recession?

31:17 – Investing into older facilities is probably safer nowadays

If you found this episode substantial and want to dig deeper into real estate, or maybe you want to discover better investment opportunities, be sure to check out www.tempofunding.com.

CONNECTING WITH THE GUEST

Website: https://www.ssse.com/

LinkedIn: https://www.linkedin.com/in/thestoragestud

Instagram: https://www.instagram.com/thestoragestud/?hl=en

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