Sat, 9 December 2017
It’s important for each of us to find our niche in the real estate investing space. Maybe you’re confident that commercial real estate is where you want to be, but multi-family just doesn’t feel like the right fit. There are other asset classes to consider, and one of the most recession-resistant is that of self-storage.
Hunter Thompson is the Managing Principal of Cash Flow Connections, a private equity group out of Los Angeles that connects passive real estate investors with opportunities in the commercial space, with a specific focus on mobile home parks and self-storage properties. Hunter has done 100-plus deals valued in excess of $350M.
Hunter got his start investing in stocks, but the lack of predictability in the market led him to focus on simpler investments with mitigated risk. After connecting with a network of like-minded individuals, he began investing in mortgage notes before branching out into other real estate asset classes. Today he shares what inspired him to invest in self-storage, explaining what makes the opportunity truly recession-proof. Hunter discusses self-storage value-add strategies, the benefits of self-storage as an investment, and how to find the best markets in the space. Listen in to understand what Hunter looks for in a sponsor, his approach to management, and his advice around next steps for aspiring self-storage investors.
[1:45] Hunter’s shift to real estate investing
[4:20] Hunter’s first real estate deal
[5:43] How Hunter got into self-storage
[7:28] The benefits of investing in self-storage
[10:13] The best markets for self-storage investment
[12:06] What Hunter looks for in terms of underwriting
[13:26] Hunter’s approach to management
[15:28] What Hunter looks for in a sponsor
[17:06] A case study of Hunter’s ideal investment
[19:44] Hunter’s take on trends in self-storage
[21:36] Hunter’s advice around next steps for aspiring investors
[23:03] What Hunter is excited about
Connect with Hunter Thompson