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Episode 210: Turning Spare Space into Profit with Joseph Woodbury

Episode Summary:

Unused spaces can do more than gather dust, they can generate steady income with Joseph Woodbury, discover how one innovative platform is transforming the way property owners maximize their assets. Joseph Woodbury, Co-Founder and CEO of Neighbor, shares his journey in disrupting the $500 billion self-storage industry. By empowering homeowners and property managers to monetize underutilized spaces, Neighbor has become the largest network of storage and parking solutions across all 50 states.

In this episode, Joseph dives into how Neighbor leverages technology and creative thinking to help property owners unlock hidden value. He discusses the platform’s impressive growth, raising over $65 million from top investors like Andreessen Horowitz and Airbnb, and the future of shared space utilization. Whether you’re a homeowner looking for extra income or curious about industry disruption, this conversation offers actionable insights into turning your spare space into profit.

Connect with our Guest:

Facebook: https://www.facebook.com/storewithneighbor/
Instagram: @neighbor.app – https://www.instagram.com/neighbor.app/
Twitter: @neighborstorage – https://x.com/neighborstorage?lang=en
LinkedIn: https://www.linkedin.com/company/neighbor
YouTube: https://www.youtube.com/@tryneighbor/
LinkedIn: https://www.linkedin.com/in/josephwoodbury/
Twitter: @woodburyjoseph1

Book:

With Malice Toward None – Stephen B. Oates: https://amzn.to/3UkE6cO


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Matt Fore

Sales Leader, Investor, Ironman Triathlete

Matt Fore is a real estate investor based out of Nashville, Tennessee. In his professional career, he has spent over a decade in sales and sales leadership positions at one of the largest technology companies in the world. After finding real estate, Matt was able to achieve financial independence in 3 short years by the age of 32.

Today, Matt is a partner at Next-Level Income, a $1B+ real estate private equity firm that focuses on Multi-Family, Self-Storage, Mobile Home Parks, Car Washes and various real estate debt.  When he's not working, he enjoys reading, training for Ironman triathlons and convincing his brother that he is the favorite twin.

Additional Background

Matt began his investing career when he was told that he wouldn’t be paid a life-changing commission check he had earned while working at one of his former employers. When he asked why they decided not to pay him, his VP asked him “How much have you made this year? Isn’t that enough?” It was at that moment he knew he needed to take his financial future into his own hands. 5 years later, he achieved financial independence.

Key Focus

Once we solve the money problem, we can live a more intentional life with those we love and the passions we care about. It is only after we begin the pursuit of freedom that we can see and achieve our highest potential.

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