Building a 7,000 Unit Self-Storage Empire with Brent Wright

The Storage Investor Show

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IN THIS EPISODE
Ever wondered how someone with no real estate background and numerous setbacks can still become a leading force in the self-storage industry?
I sat down with Brent Wright, President and CEO of 5050 Storage Partners, who shares his unconventional journey from failing the real estate licensing exam to growing to 7,000 self-storage units!
Brent’s story is a testament to resilience and the power of strategic partnerships, particularly his collaboration with Jernigan Capital, which played a pivotal role in his transition from development to acquisition in the self-storage space.
Don’t miss Brent's practical advice and personal stories every self storage owner should hear!
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CONNECT WITH BRENT
https://5050storagepartners.com/

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Chapter

1. Intro (00:00:00)

2. Equity Partnering and Project Structuring (00:08:01)

3. Capital Raising and Investor Relationships (00:21:31)

4. Outsourcing and Deal Criteria in Self-Storage (00:35:24)

5. Third-Party Management vs. Hands-on Approach (00:42:20)

6. Overcoming Challenges in Real Estate (00:48:42)