How To Invest in Self Storage - An Interview With Lauren Rothlisberger
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What do a military family, the Women's Investment Summit, and self storage have in common? Lauren Rothlisberger of Everett & Harvey and Serious Storage.
In this episode Lauren shares her investment journey from residential rental properties into self storage and the nuances of being a General Partner. Her path hasn't been easy, because let's be real, real estate deals aren't easy, but it has been extremely well thought out.
From the conscious tie to family with the business name to the details of scaling a business while living overseas, Lauren's background as a military wife plays a strong role in her investing and operating strategies. Three of the many takeaways include:
1) Assessing real risk vs perceived risk and backwards plan for worst case scenario
2) Always look at the repositioning options further down the road and
3) How to overcome the challenge of obtaining commercial financing when you are new to commercial real estate investing.
Whether you are a current or aspiring real estate investor, this episode will provide you with insights into the self storage niche. Thank you for pulling up a chair!