Innovative Tools That’ll Define The Future of Self-Storage Investing with Tyler Sellars

Truly Passive Income

Turn challenges into opportunities for growth with Tyler Sellars as he unveils how strategic shifts and embracing technology have allowed him to thrive in a fluctuating market. Press play to discover the secrets to managing a global investment portfolio and making data-driven decisions to elevate your own real estate ventures today.

Key takeaways to listen for

• [04:20] Advantages of self-storage investment over traditional residential properties
• [14:51] The impact of geographical flexibility on investment opportunities and lifestyle
• [21:07] Risks and rewards of development vs. acquisition in self-storage
• [26:09] High interest rates and their effect on storage facility operations
• [33:16] The role of innovative technology in managing self-storage investments from abroad

Resources mentioned in this episode

Ready to revolutionize your real estate game? Go to https://www.trycactus.com/blog/introducing-cactus and gain a deep understanding of your self-storage investments' performance while seamlessly managing your financials.

About Tyler Sellars

Tyler is a Canadian entrepreneur based in Spain, currently serving as the CEO of TryCactus.com. He has been investing in self-storage for three years and in real estate for six. Tyler's journey began in 2018, shortly after graduating from college, when he posted a heartfelt plea on Instagram seeking a down payment to secure a 7-bedroom rooming house. This successful acquisition kickstarted his investment journey.

Despite early challenges, including a global pandemic that complicated the real estate market, Tyler's strategic decisions led to significant growth. Eventually, at 27, he sold all his properties and shifted his focus to the self-storage industry, founding SimpleStorage.ca. This venture quickly became a leading name in the storage industry with three locations and expanded services, including third-party management and franchising options. Tyler attributes his success to the foundational support from his first investors and a relentless pursuit of innovative business strategies.

Connect with Tyler

• Website: Cactus
• LinkedIn: Tyler Sellars

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