Have you ever wondered what it takes to transform a handful of single-family homes into a self-storage empire spanning 38 facilities and over 18,000 units?
In this episode of The Real Estate Mindset, Jacob Vanderslice, a real estate investor, reveals the blueprint for his impressive ascent within the competitive storage space. As he dissects the operational strategies that catapulted his properties from overlooked to outstanding, we gain an insider's perspective on the industry's unique benefits and hurdles, touching on the nation's shift towards renting and the emotional gravitas that accompanies personal storage.
We also talked about how scaling a self-storage enterprise isn't all smooth sailing, and our conversation takes a deeper look at the trials that come with the territory.
Jacob is a co-founder of VanWest Partners and has been investing in real estate since 2005.
He leads the Investor Relations team and the launch of private Funds to raise capital for self-storage acquisitions. On behalf of VanWest, Jacob has deployed over $250 million in
capital for value-add self-storage investments throughout the United States.
Additionally, Jacob acquired 1,000+ residential properties on behalf of a national private investment firm. Prior to founding VanWest, Jacob was a professional firefighter and arson investigator in the state of Colorado.
Jacob sits on the Board of Directors for Craig Hospital Foundation, a neurorehabilitation and research hospital in Englewood, Colorado specializing in spinal cord injury and traumatic brain injury rehabilitation and research.
Jacob enjoys flying airplanes, skiing and hiking, and spending time with his wife and two young sons.
We also discuss..
(00:27) Real Estate Investing and Growth
(05:28) Comparison of Landlord Evictions vs. Self-Storage
(14:53) Emotional Aspects of Self-Storage
(17:17) Troubles With Monthly Storage Payments
(23:03) Economic Uncertainty and Rate Cuts
(26:36) Real Estate Investment in Market Flux
(30:04) Managing Risk in Real Estate Investing
(35:08) Perspective on Family and Business
(39:06) Challenges of Building With Shipping Containers
To learn more about Jacob Vanderslice:
Website: https://www.vanwestpartners.com/
LinkedIn: https://www.linkedin.com/in/jacob-vanderslice-02905b16b
Popular Podcasts
Fudd Around And Find Out
UConn basketball star Azzi Fudd brings her championship swag to iHeart Women’s Sports with Fudd Around and Find Out, a weekly podcast that takes fans along for the ride as Azzi spends her final year of college trying to reclaim the National Championship and prepare to be a first round WNBA draft pick. Ever wonder what it’s like to be a world-class athlete in the public spotlight while still managing schoolwork, friendships and family time? It’s time to Fudd Around and Find Out!
Crime Junkie
Does hearing about a true crime case always leave you scouring the internet for the truth behind the story? Dive into your next mystery with Crime Junkie. Every Monday, join your host Ashley Flowers as she unravels all the details of infamous and underreported true crime cases with her best friend Brit Prawat. From cold cases to missing persons and heroes in our community who seek justice, Crime Junkie is your destination for theories and stories you won’t hear anywhere else. Whether you're a seasoned true crime enthusiast or new to the genre, you'll find yourself on the edge of your seat awaiting a new episode every Monday. If you can never get enough true crime... Congratulations, you’ve found your people. Follow to join a community of Crime Junkies! Crime Junkie is presented by audiochuck Media Company.
24/7 News: The Latest
The latest news in 4 minutes updated every hour, every day.