Truly Passive Income10 Mar 2025

The Rise of Garage Condos with Ben Lapidus

Ben Lapidus, co-founder of the Best Ever Conference, discusses an emerging real estate asset class: garage condos. These high-end, flexible-use storage units are gaining traction among affluent buyers, small business owners, and hobbyists looking for a customizable, long-term storage solution. He breaks down why this niche market is in its early innings, how it's different from self-storage, and why demand far outpaces supply.

Key takeaways to listen for

[05:35] What garage condos are and how they compare to traditional self-storage
[10:49] How personal-use buyers value these spaces differently than investors
[14:27] The exit optionality of garage condos and why they appeal to investors
[23:15] Why affluent households and small businesses are the ideal customer base
[25:00] A marketing strategies that work best for selling garage condos

About Ben Lapidus

Ben Lapidus is the founder of the Best Ever Conference and Habitual Capital, focusing on alternative asset syndication and revenue financing private equity. Previously, he significantly contributed to Spartan Investment Group, driving it to reach $100 million in annual revenue as the CFO and head of investments, managing over $500 million in acquisitions and $250 million in debt. Ben's entrepreneurial journey includes founding and selling a multi-million dollar study abroad company and working with startups through IPOs or acquisitions. He has founded seven businesses in total, experiencing both successes and failures. Ben graduated from Rutgers University with degrees in Finance and Economics, where he also founded the Rutgers Entrepreneurial Society.

Connect with Ben

Website: Best Ever Conference | Ben Lapidus | Playground
Facebook: Best Ever Conference
Instagram: @besteverconference
LinkedIn: Benjamin Lapidus
YouTube: Best Ever CRE
Email: ben@playground.properties

YouTube: Truly Passive Income

TikTok: @trulypassiveincome

Instagram: @truly_passive_income

Facebook: Truly Passive

Twitter: @trulypassive

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