Ryan Auger graduated from Clemson University with a degree in Computer Engineering, began his career in Atlanta as a software engineer, and later served as a software product manager. Ryan’s technology-driven approach gives Redwood a competitive edge by enabling us to operate properties more cost effectively through the use of automation and a remote-first property management model, lease more quickly through industry-leading and proprietary lead generation funnels, and provide live customer support and rental options for tenants across our portfolio 7-days per week.
Since 2021, Redwood Storage has acquired 100k sqft of self-storage and 21k sqft of industrial, generating millions in equity value for our investors.
If you are interested in learning more, investing, or have a deal to share, please reach out via the connect tab and we will get back to you within 24 hours.
Ryan Auger and Redwood Storage were featured in a Wall Street Journal article in August 2023:
Auger said that with a few clicks he can send rent-increase notices to tenants. He recently boosted monthly revenue at one of the four facilities owned by his firm Redwood Storage to $35,000 from about $32,000 with little effect on occupancy.
He last acquired a storage property this spring. A cold caller Auger hired made 100 calls a day for three months before finding the interested seller near Huntsville, Ala. Auger spent another two months negotiating and closing the deal. Almost all the 22,000-square-feet was leased but only about half the tenants were paying. The facility’s phone rang unanswered. There was no website.
He said it took 48 hours to round up the $760,000 cash he needed to put toward the $1.2 million purchase price. Monthly revenue is now twice what the old owner was collecting and Auger estimates the property is worth $800,000 more than he paid.
Ryan Auger is an active member of the Real Estate Twitter community. He also writes letters to our mailing list monthly updating our investor base on portfolio performance and what we're seeing in the market.
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