How to Find Off-Market Real Estate Deals with Fernando Angelucci, Ep. 535

Fernando Angelucci is the Co-Founder and CEO of Self Storage Syndicated Equities, a real estate investment firm with a portfolio of $250M+ built over the past four years. They specialize in self-storage investments, purchasing existing cash-flowing assets, and building ground-up facilities nationwide. Before getting into self-storage, Fernando worked as an engineer at Dow Chemical, a Fortune 50 company, where he rolled out a flagship product estimated to gross $1B in global revenues. After a year, he left this lucrative job, and the night after he quit, he applied for 64 credit cards. He received approval for 12 and used the cards to raise $97,000 to begin his real estate investing career. He was in his early 20s at the time, and this was the only way he could think of to get capital without turning to his parents. Before turning 30, he owned a multi-million dollar portfolio of residential properties covering the Midwest, which he sold in 2018 to focus on self-storage.

In this episode we talked to Fernando about finding your niche, reasons for transitioning to this industry, comparing self-storage to retail, how he created impressive deal flow in, and showcasing how he built a $220 million portfolio.

Announcement: Join our Apartment Investing Mastermind

Self Storage 101;

00:00 Finding your niche;

04:41 Some good reasons to transition into self-storage;

10:23 Self-storage VS. Retail;

14:25 Wholesaling in self-storage;

25:19 $220,000,000 portfolio;

Announcement: Download Our Sample Deal and Join Our Mailing List

24:05 Round of Insights

Apparent Failure: Rushing a multifamily deal.

Digital Resource: Audible

Most Recommended Book: Traction

Daily Habit: Time blocking 

#1 Insight for Building a Self-storage Portfolio: Never burn bridges.

Best Place to Grab a Bite to Eat in Chicago: Fogo De Chao

Contact Fernando:

To learn more go to ssse.com

Thank you for joining us for another great episode! If you’re enjoying the show, please LEAVE A RATING OR REVIEW,  and be sure to hit that subscribe button so you do not miss an episode.