Ep 116 – The Basics of Self-Storage Investing with Paul Beets

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The Alternative Investing Advantage Learn how to take control and give yourself the freedom to choose where you invest your money

This week on the Alternative Investing Advantage podcast, host Alex Perny welcomes Paul Beets of Bigger Garage Capital for a discussion on self-storage investing. Paul is an engineering executive with over 20 years of experience and is the co-founder of AMP Self-Storage.

During this episode, Paul covers self-storage investing. He discusses the strategy of repositioning properties, such as adding parking and requiring tenants to carry insurance. These factors can help address issues like mismanagement, poor lighting, and lack of signage, which can lead to increased revenue and profitability. Paul shares the challenges faced by low occupancy facilities, particularly those with third-party management. He also shares the challenges of managing turnover in a rental property. Additionally, Paul explains the differences in tax perspective between apartment buildings and self-storage facilities.

Learn more about self-storage investing with Paul Beets.

Do you want to be a guest on the Alternative Investing Advantage? Contact us.

About Our Guest Paul Beetsheadshot of Paul beets

Paul Beets is a real estate investor that owns and operates a large real estate portfolio in the Indianapolis area, including multiple self-storage facilities in the Midwest. He is also a co-founder of AMP Self-Storage LLC, a company that sources off-market self-storage facilities to purchase or wholesale.

About Our Host Alex Perny, CISP

Headshot of Alex Perny

Alex Perny is a business development specialist and host of Advanta IRA’s podcast, the Alternative Investment Advantage. He is a self-described policy geek who loves learning the rules and technical aspects of SDIRAs, employer plans, and IRS regulations.

For more than a decade, Alex has helped thousands invest in alternative assets. These include precious metals, real estate, private stock, notes, and countless others. Additionally, he has spoken to investors across the country about using retirement plans to invest outside the stock market. Alex also believes so strongly in self-direction that he invests his own IRA and HSA in real estate and private equity.