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Get my FREE self storage starter pack to learn how to analyze, underwrite, and operate your next storage investment: https://www.selfstorageincome.com/you... Partnerships can be a huge net positive for your self storage business, especially if the partner brings something different to the table. Unfortunately, they’re also the number one reason self storage deals fall through, and when partnerships fail, it’s messy. Good news—today, we’ll show you how to set up your partnership for success. What’s the key to a long and profitable partnership? You need to prepare for the worst first—divorce, death, and dissolution—and work back from there. In this episode, AJ and Connor will show you how to do just that. You’ll learn about some costly mistakes to avoid and some major red flags to watch out for when teaming up with other investors, and AJ will even share his biggest wins and losses from past partnerships. If you’re new to self storage investing, maybe you don’t possess the knowledge, experience, or capital to take down a self storage facility on your own. But you might have the one thing wealthy investors don’t have—time. Hunt down the right deal and investors will flock to YOU. Don’t believe us? Stick around and find out why! _______ Get the AJ Osborne Newsletter: https://www.selfstorageincome.com/new... Join the SSI Community: https://www.selfstorageincome.com/learn Join the Inner Circle: https://www.selfstorageincome.com/inn... _______ 📌 Make self storage management easier than EVER with our podcast sponsor Tenant Inc. - https://www.tenantinc.com/ 🌳 Work with someone experienced in self storage loans at Live Oak Bank! https://www.liveoakbank.com/business-... 🎙️ Do you have a great story to share on the SSI or AJ Osborne podcasts? You can now apply here! https://form.asana.com/?k=TGU88eU0bFT... 📖 Get AJ's book that teaches you everything he knows about self-storage https://a.co/d/aRSKcSq Chapters: 00:00 Intro 07:19 The Partnership “Problem” 12:26 Partnerships 101 22:27 What Does the Deal Need? 29:35 How to Create Value 33:49 AJ’s Wins and Losses 37:29 Structuring Partnerships 47:38 Time Management Tips 55:20 Join the Community!