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289. Discovering the Storage Goldmine with Joe Downs

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Manage episode 468061551 series 3255831
Content provided by Mike Cavaggioni. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Mike Cavaggioni or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

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Join us on Average Joe Finances as our guest Joe Downs, CEO of Belrose Storage Group, shares his 17-year journey in commercial real estate. Joe recounts his early career as a financial advisor, the impact of 9/11 on his career shift, and his ventures, including owning a bar and moving into real estate. Joe delves into his current focus on the self-storage industry, offering insights into market dynamics, the importance of mentorship, and the unique opportunities in storage, especially during economic cycles.

In this episode:

  • Learn how adaptability and resilience can turn career setbacks into real estate success.
  • Discover why self-storage is an overlooked yet profitable niche in commercial real estate.
  • Understand the importance of seeing opportunity in every deal, even beyond your initial criteria.
  • Gain insights on why hands-on business oversight is key to long-term investment success.
  • And so much more!

Key Moments:

00:00 Introduction and Welcome

01:00 Guest Introduction: Joe Downs

01:23 Joe's Journey into Real Estate

01:39 From Financial Advisor to Real Estate

02:00 The Impact of 9/11 and Career Shift

02:56 Venturing into Real Estate

04:00 Owning a Bar: Lessons Learned

04:57 Transition to Radio and Real Estate

07:14 Discovering Self Storage

09:28 The Self Storage Business Model

13:20 Challenges and Opportunities in Storage

27:49 Advice for Aspiring Investors

31:24 Final Thoughts and Contact Information

Find Joe Downs on:

Website: https://www.belrosestoragegroup.com/

Instagram: https://www.instagram.com/belrosestoragegroup/

Facebook: https://www.facebook.com/belrosestoragegroup

LinkedIn: https://www.linkedin.com/in/joe-downs-7990851/

Youtube: https://www.youtube.com/@belrosestoragegroup

Average Joe Finances®

All of our social media links and more: https://averagejoefinances.com/links

About Mike: https://mikecavaggioni.com

About Tawnya: https://www.themoneylifecoach.com/

Show Notes add-on continued here: https://averagejoefinances.com/show-notes/

*DISCLAIMER* https://averagejoefinances.com/disclaimer

See our full episode transcripts here: https://podcast.averagejoefinances.com/episodes

Support the show

  continue reading

296 episodes

Artwork
iconShare
 
Manage episode 468061551 series 3255831
Content provided by Mike Cavaggioni. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Mike Cavaggioni or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Send us a text

Join us on Average Joe Finances as our guest Joe Downs, CEO of Belrose Storage Group, shares his 17-year journey in commercial real estate. Joe recounts his early career as a financial advisor, the impact of 9/11 on his career shift, and his ventures, including owning a bar and moving into real estate. Joe delves into his current focus on the self-storage industry, offering insights into market dynamics, the importance of mentorship, and the unique opportunities in storage, especially during economic cycles.

In this episode:

  • Learn how adaptability and resilience can turn career setbacks into real estate success.
  • Discover why self-storage is an overlooked yet profitable niche in commercial real estate.
  • Understand the importance of seeing opportunity in every deal, even beyond your initial criteria.
  • Gain insights on why hands-on business oversight is key to long-term investment success.
  • And so much more!

Key Moments:

00:00 Introduction and Welcome

01:00 Guest Introduction: Joe Downs

01:23 Joe's Journey into Real Estate

01:39 From Financial Advisor to Real Estate

02:00 The Impact of 9/11 and Career Shift

02:56 Venturing into Real Estate

04:00 Owning a Bar: Lessons Learned

04:57 Transition to Radio and Real Estate

07:14 Discovering Self Storage

09:28 The Self Storage Business Model

13:20 Challenges and Opportunities in Storage

27:49 Advice for Aspiring Investors

31:24 Final Thoughts and Contact Information

Find Joe Downs on:

Website: https://www.belrosestoragegroup.com/

Instagram: https://www.instagram.com/belrosestoragegroup/

Facebook: https://www.facebook.com/belrosestoragegroup

LinkedIn: https://www.linkedin.com/in/joe-downs-7990851/

Youtube: https://www.youtube.com/@belrosestoragegroup

Average Joe Finances®

All of our social media links and more: https://averagejoefinances.com/links

About Mike: https://mikecavaggioni.com

About Tawnya: https://www.themoneylifecoach.com/

Show Notes add-on continued here: https://averagejoefinances.com/show-notes/

*DISCLAIMER* https://averagejoefinances.com/disclaimer

See our full episode transcripts here: https://podcast.averagejoefinances.com/episodes

Support the show

  continue reading

296 episodes

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