The show that helps you maximize your wealth by turning complex financial situations into actionable advice. On Your Money. Your Mission., we answer the questions you’ve been asking about -- financial planning, investing, retirement and everything in between. Whether you’re navigating the complexities of the market or looking for the best ways to save or spend your money, tune in to hear from experienced financial advisors with JFG. Walk away from each episode with savvy tips and financial t ...
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Managing Self Storage from ANYWHERE
Manage episode 451839396 series 2805944
Content provided by Scott Meyers, Stories and Strategies and Scott Meyers. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Scott Meyers, Stories and Strategies and Scott Meyers or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.
How can technology transform self-storage operations and customer experiences?
Scott catches up with James Hatfield, Chief Revenue Officer of Live Switch, to explore how cutting-edge video technology is revolutionizing the self-storage industry.
James shares insights into hybrid management models, the power of VAs (virtual assistants), and how Live Switch is making waves in operational scalability for facilities big and small.
WHAT TO LISTEN FOR
4:56 – How Live Switch found its niche in self storage
8:50 – The power of virtual management from anywhere
15:00 – Hybrid management models: Specializing staff roles
23:16 – Virtual assistants: Expanding hours and reducing costs
Leave a positive rating for this podcast with one click
GUEST: JAMES HATFIELD
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Follow so you never miss a NEW episode! Leave a rating and review on Apple or Spotify.
Chapters
1. Managing Self Storage from ANYWHERE (00:00:00)
2. How Live Switch found its niche in self storage (00:04:56)
3. The power of virtual management from anywhere (00:08:50)
4. Hybrid management models: Specializing staff roles (00:15:00)
5. Virtual assistants: Expanding hours and reducing costs (00:23:16)
239 episodes
ShareManage episode 451839396 series 2805944
Content provided by Scott Meyers, Stories and Strategies and Scott Meyers. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Scott Meyers, Stories and Strategies and Scott Meyers or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.
How can technology transform self-storage operations and customer experiences?
Scott catches up with James Hatfield, Chief Revenue Officer of Live Switch, to explore how cutting-edge video technology is revolutionizing the self-storage industry.
James shares insights into hybrid management models, the power of VAs (virtual assistants), and how Live Switch is making waves in operational scalability for facilities big and small.
WHAT TO LISTEN FOR
4:56 – How Live Switch found its niche in self storage
8:50 – The power of virtual management from anywhere
15:00 – Hybrid management models: Specializing staff roles
23:16 – Virtual assistants: Expanding hours and reducing costs
Leave a positive rating for this podcast with one click
GUEST: JAMES HATFIELD
Website | LinkedIn
CONNECT WITH US
Website | You Tube | Facebook | X | LinkedIn | Instagram
Follow so you never miss a NEW episode! Leave a rating and review on Apple or Spotify.
Chapters
1. Managing Self Storage from ANYWHERE (00:00:00)
2. How Live Switch found its niche in self storage (00:04:56)
3. The power of virtual management from anywhere (00:08:50)
4. Hybrid management models: Specializing staff roles (00:15:00)
5. Virtual assistants: Expanding hours and reducing costs (00:23:16)
239 episodes
All episodes
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Self Storage Investing
Send us a text Can AI truly replace the human touch in self-storage? Scott Meyers welcomes Mason Levy, founder of Swivl, to explore how artificial intelligence is transforming customer engagement across the self-storage industry. From its surprising roots in healthcare and cannabis tech to powering over 4,700 self-storage facilities today, Swivl is revolutionizing the contact center model with its AI-driven platform. The conversation dives deep into conversational AI, human-in-the-loop systems, future-proofing tech stacks, and why personalization still matters in an automated world WHAT TO LISTEN FOR 0:56 The Accidental Storage Tech Founder 5:48 What Makes Swivl Different From Just Another Chatbot? 10:31 Smarter Gate Codes & SMS: Real-Life Use Cases 20:59 Swivl’s Future: Voice AI, Contact Center Suite & More 32:55 The Human Side of Storage: Why Empathy Still Wins Leave a positive rating for this podcast with one click CONNECT WITH MASON LEVY LinkedIn | Swivl CONNECT WITH US Website | You Tube | Facebook | X | LinkedIn | Instagram Follow so you never miss a NEW episode! Leave us an honest rating and review on Apple or Spotify. Attend the Self Storage Academy in Seattle, WA August 21-23 https://selfstorageacademy.com/…
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Self Storage Investing
Send us a text What does it take to turn a family carport business into a multi-state RV storage powerhouse? Scott Meyers talks with Travis Bailey, owner of Park’n Shade, about the booming demand for covered RV and boat storage. Travis shares his journey from working summers in his dad’s business to buying it outright, and the evolution of RV storage from a niche service to a necessity driven by rising vehicle values and customer expectations. They discuss market demand, construction challenges, regional trends, solar integration, and how cautious growth has fueled Park’n Shade’s steady expansion across eight states. WHAT TO LISTEN FOR 0:58 How a Carport Company Became an RV Storage Leader 3:06 Surviving the 2008 Downturn 7:56 The Shift from Luxury to Necessity in Covered RV Storage 17:54 Why Some Developers Are Sitting Out (and Others Aren’t) 24:29 Industry Crystal Ball: Where Covered RV Storage Is Headed Leave a positive rating for this podcast with one click CONNECT WITH TRAVIS BAILEY LinkedIn | Park‘n Shade | CONNECT WITH US Website | You Tube | Facebook | X | LinkedIn | Instagram Follow so you never miss a NEW episode! Leave us an honest rating and review on Apple or Spotify. Attend the Self Storage Academy in Seattle, WA August 21-23 https://selfstorageacademy.com/…
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Self Storage Investing
1 Self-Storage SOLUTIONS for SHIFTING DEMANDS 39:57
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Play Later Play Later Lists Like LikedSend us a text Is your storage facility leaving money on the table? Scott Meyers sits down Greg Ellsworth—president of Toy Storage Nation and founder of Self Storage Consulting Group—to explore the evolving world of self-storage and RV/boat storage. Greg dives into why the old-school "build it and they will come" model is outdated and how data-driven design and multi-use flexibility are the keys to maximizing ROI. From RV amenities and pro-storage for contractors to the booming demand for truck and toy storage, Scott and Greg reveal how innovative development, smart entitlements, and reading between the zoning lines can unlock value in overlooked land. WHAT TO LISTEN FOR 1:22 From College Grad to Storage Consultant 4:41 Why Operations Must Influence Design 9:11 The “Crystal Ball” Approach to Feasibility Studies 14:19 How Rising Interest Rates Reshaped Solid Deals 23:27 Why Boat & RV Storage Demand Isn’t Slowing Down 33:49 Turning “Worthless” Land Into Storage Gold Leave a positive rating for this podcast with one click CONNECT WITH GREG ELLSWORTH Self-Storage Consulting Group | Self Storage Consulting Group | Toy Storage Nation | Email CONNECT WITH US Website | You Tube | Facebook | X | LinkedIn | Instagram Follow so you never miss a NEW episode! Leave us an honest rating and review on Apple or Spotify. Attend the Self Storage Academy in Seattle, WA August 21-23 https://selfstorageacademy.com/…
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Self Storage Investing
Send us a text Speed, data, and AI are transforming self-storage—and those who master them are winning big. Scott Meyers sits down with Jean-Michael Diei, founder of PropRise, to explore how artificial intelligence is revolutionizing the way storage investors and operators source deals, navigate zoning, and optimize operations. From his childhood steeped in tech and entrepreneurship to building cutting-edge AI tools for real estate, Jean-Michael shares actionable insights on beating the competition, scaling faster, and working smarter. WHAT TO LISTEN FOR 0:53 Jean-Michael’s AI-Powered Backdoor into Self-Storage 4:06 How AI Is Transforming Real Estate Acquisition Teams 9:07 Zoning Secrets: Using AI to Read City Council Signals 14:07 Inside PropRise: The AI Treasure Map for Finding Deals 16:22 Case Study: Doubling Deal Flow with Smart Data 18:37 Why Speed Wins: AI as the Ultimate Competitive Edge Leave a positive rating for this podcast with one click CONNECT WITH JEAN-MICHAEL DIEI PropRise | LinkedIn CONNECT WITH US Website | You Tube | Facebook | X | LinkedIn | Instagram Follow so you never miss a NEW episode! Leave us an honest rating and review on Apple or Spotify. Attend the Self Storage Academy in Seattle, WA August 21-23 https://selfstorageacademy.com/…
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Self Storage Investing
Send us a text What if you could invest alongside a mastermind — with just $5,000? Scott Meyers welcomes Brian Davis, co-founder of Spark Rental, to dive deep into the world of passive investing. Brian shares his winding journey from subprime mortgages to building an investment club that democratizes real estate deals, giving everyday investors access to big-league opportunities. Together, they explore risk, reward, due diligence, international living, geo-arbitrage, and the lessons hard-earned from surviving 2008. This conversation will challenge how you think about wealth building — and maybe even make you want to book that one-way ticket abroad. WHAT TO LISTEN FOR 1:02 – From Psychology Major to Hard Money Lender 3:13 – How 2008 Wiped Out My Job and Portfolio 6:59 – Inside the Spark Rental Investment Club 15:22 – Expat Life: Abu Dhabi, Brazil, and Beyond 24:20 – Why Sponsor Risk Trumps Market Risk 35:24 – How 50 Investors Spot What One Might Miss Leave a positive rating for this podcast with one click CONNECT WITH BRIAN DAVIS Spark Rental | LinkedIn | Instagram Attend the Self Storage Academy in Seattle, WA August 21-23 https://selfstorageacademy.com/…
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Self Storage Investing
1 REPLAY - Building Wealth Beyond Words: Rick Gibson’s Self-Storage Investing Playbook 25:19
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Play Later Play Later Lists Like LikedSend us a text This is a Replay of an episode first published in November 2023. Rick Gibson made his living successfully as a lawyer for nearly four decades. But it was a noteworthy book that made the case for him to think about investing. Rich Dad, Poor Dad. That book inspired Rick to leave corporate America and form an investing team with his sons in real estate. Today Gibson's portfolio includes mobile home parks and storage facilities, which he was able to grow and sell to a real estate investment trust. And along the way Rick has come to see the importance of community in the self-storage industry, highlighting the value of Scott’s mastermind group in providing resources and support. WHAT TO LISTEN FOR 4:16 The Role of Family and Legacy in Business 10:30 The Importance of Community and Networking 18:16 Adapting and Thriving Through Economic Cycles 21:16 Leveraging Experience and Collaboration for Success Leave a positive rating for this podcast with one click ABOUT RICK GIBSON Rick was a lawyer by trade in the St Louis area for 37 years. As an investor, his family business owns 80 single family rentals, six mobile home parks and nine storage facilities. He’s also involved in passive investing with another half dozen storage facilities and three different storage funds. CONNECT WITH RICK Email CONNECT WITH US Website | You Tube | Facebook | X | LinkedIn | Instagram Follow so you never miss a NEW episode! Leave us an honest rating and review on Apple or Spotify. Attend the Self Storage Academy in Seattle, WA August 21-23 https://selfstorageacademy.com/…
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Self Storage Investing
1 REPLAY - Infinite Banking Secrets with Mark Hutchinson 37:05
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Play Later Play Later Lists Like LikedSend us a text This is a Replay of an episode first published in December 2023. You might call Mark Hutchinson an active passive investor. He takes pride in using the Infinite Banking Concept (IBC) to build capital. IBC involves using specially constructed dividend-paying whole life insurance as a means of building capital and then borrowing whenever interest would be paid to others. Mark explains the concept is a flexible and self-governed system that allows for investments in a variety of asset classes without restrictions. However, it requires discipline and time to build capital. WHAT TO LISTEN FOR 5:30 The Infinite Banking Concept 11:56 Flexibility and Control in Financial Management 20:24 Strategic Use of Policy Loans for Investments 29:51 Building Liquidity and Tax Advantages Leave a positive rating for this podcast with one click ABOUT MARK HUTCHINSON Mark is a seasoned investor over the last four decades. But the global economic crisis 2008 was the last straw for Mark. Like others, he suffered significant losses an realized the importance of finding strategies that could mitigate or remove market risk. That’s when he connected with the Infinite Banking concept. CONNECT WITH MARK Website | Email CONNECT WITH US Website | You Tube | Facebook | X | LinkedIn | Instagram Follow so you never miss a NEW episode! Leave us an honest rating and review on Apple or Spotify. Attend the Self Storage Academy in Seattle, WA August 21-23 https://selfstorageacademy.com/…
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Self Storage Investing
1 REPLAY - Meyers' Method: Mastering the Art of Self-Storage 1:02:01
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Play Later Play Later Lists Like LikedSend us a text This is a Replay of an episode first published in March 2024. The heart and hustle behind the Meyers’ self-storage empire. This episode shares the personal and professional evolution of the Meyers’, from overworked landlords to self-storage magnates. Christina opens up about their initial leap of faith into the industry, while Scott details their transition into education and mentorship, shaping the country's leading self-storage community. The couple candidly explores the balance of business and marriage, sharing invaluable insights on partnership and conflict resolution. Topping off their narrative, they delve into their mission-driven business model, which has not only spurred financial success but also ignited a passion for philanthropy, leaving a lasting impact on communities and setting a heartfelt example for entrepreneurs everywhere. WHAT TO LISTEN FOR 3:22 - The Road to Teaching 5:04 - Family Dynamics in Business 9:39 - Behind the Scenes Insights 19:48 - A Future Focused on Philanthropy Leave a positive rating for this podcast with one click CONNECT WITH CHRISTINA Website | You Tube | Facebook | X | LinkedIn | Instagram CONNECT WITH US Website | You Tube | Facebook | X | LinkedIn | Instagram Follow so you never miss a NEW episode! Leave us an honest rating and review on Apple or Spotify. Attend the Self Storage Academy in Seattle, WA August 21-23 https://selfstorageacademy.com/…
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Self Storage Investing
1 Revolutionizing Self Storage with Data Driven Insights! 38:34
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Play Later Play Later Lists Like LikedSend us a text What do you get when you combine a data-driven investor, an overloaded entrepreneur, and the future of self-storage? A revolution. Scott Meyers sits down with Noah Starr, CEO of Tract IQ, to unpack his wild journey—from quitting his corporate job, to acquiring his first facility all in the same week—and how those life-altering decisions set him on a path to transform the self-storage industry through data. Noah explains how pain points in the underwriting process led him to acquire and rebuild Tract IQ, a powerful data platform that's reshaping how investors analyze deals and mitigate risk. Scott and Noah dive into transparency, rent control legislation, investor pitfalls, and why the next phase of the industry belongs to those who understand—and act on—the data. WHAT TO LISTEN FOR 2:07 The Wildest Week: Job Quit, Engagement, House & First Facility 3:09 From Investor to Tech CEO: The Birth of Tract IQ 8:13 The Power Shift to Third-Party Management 13:21 The Data Doesn't Lie: Rent Trends & Transaction Lows 14:38 California’s Rent Control & the Rise of Transparency 22:21 Hedge Funds, Overbuilding, and Overconfidence 31:02 If Noah Were Investing Again: What He’d Do Differently Leave a positive rating for this podcast with one click CONNECT WITH GUEST: NOAH STARR, Co-Founder, Chief Executive Officer of Tract IQ Website | LinkedIn | About Noah | YouTube CONNECT WITH US Website | You Tube | Facebook | X | LinkedIn | Instagram Follow so you never miss a NEW episode! Leave us an honest rating and review on Apple or Spotify. Attend the Self Storage Academy in Seattle, WA August 21-23 https://selfstorageacademy.com/…
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Self Storage Investing
1 The Hidden Fleet That’s Shaping Self-Storage 37:51
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Play Later Play Later Lists Like LikedSend us a text What if your self-storage facility could also be your most powerful marketing tool? Scott Meyers sits down with CJ Strattle and Sherry Miller of On the Move to explore how branded rental trucks are redefining marketing, operations, and revenue in the storage industry. From CJ’s roots in the business to the company’s family-driven innovation, the conversation dives deep into turnkey solutions, competitive advantages, and why even major REITs are revisiting this “old-school” concept. They also share insights from the recent ISS conference, discusses trends in tech, security, and market dynamics, and gives a behind-the-scenes look at how On the Move quietly became the fourth-largest rental fleet in the U.S.—without anyone outside the industry even knowing. WHAT TO LISTEN FOR 1:06 “Rent with me, use this truck for free” – the family legacy 4:17 Taking control: Why On the Move exists 6:19 A patented solution from CJ’s grandfather 10:54 Turnkey truck branding made simple 13:13 ISS 2025: New tech, new vendors, new energy 16:25 They sold the show truck at the show! 30:52 Think outside the truck: Monetizing ad space Leave a positive rating for this podcast with one click CONNECT WITH GUESTS: CJ STRATTLE, President & CEO of On the Move LinkedIn | Website | YouTube | Instagram SHERRY MILLER, Director of Sales at On The Move LinkedIn CONNECT WITH US Website | You Tube | Facebook | X | LinkedIn | Instagram Follow so you never miss a NEW episode! Leave us an honest rating and review on Apple or Spotify Attend the Self Storage Academy in Seattle, WA August 21-23 https://selfstorageacademy.com/…
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Self Storage Investing
1 Why Asia’s Self Storage Market is Worth Watching 31:18
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Play Later Play Later Lists Like LikedSend us a text What happens when American self-storage meets Japanese innovation? In this eye-opening solo episode of the Self Storage Podcast, host Scott Meyers shares his whirlwind experience speaking at the Self Storage Association of Asia's annual expo in Tokyo. Scott dives deep into the emerging self-storage market in Japan, revealing the cultural, logistical, and economic challenges and opportunities. From ultra-compact facilities to AI-powered innovations, this episode explores how Asian developers are reimagining self-storage in densely packed cities—and what American investors can learn from it. WHAT TO LISTEN FOR 3:56 Japan’s Space Crunch and Storage Demand 5:43 The Struggle to Build Class A Facilities 7:19 The Economics of Storage in Tokyo 10:01 What Asia Learns from U.S. Storage Models 11:36 Bootstrapping Self Storage in Emerging Markets 17:10 Launching an Asian Mastermind Group? 24:10 American Privilege Abroad: A Candid Take Leave a positive rating for this podcast with one click CONNECT WITH US Website | You Tube | Facebook | X | LinkedIn | Instagram Follow so you never miss a NEW episode! Leave us an honest rating and review on Apple or Spotify. Attend the Self Storage Academy in Seattle, WA August 21-23 https://selfstorageacademy.com/…
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Self Storage Investing
1 REPLAY - Scaling Smart: Self-Storage Strategies for Maximum Returns 44:34
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Play Later Play Later Lists Like LikedSend us a text This is a Replay of an episode first published in July 2024. Ever wondered how to turn a sleepy self-storage facility into a bustling profit powerhouse? Unlock the hidden potential of self-storage with the expert insights from Peter Smyth on the Self-Storage Podcast. Scott and Peter explore the nuances of tailoring management strategies to individual needs, enhancing customer experience, and sustaining growth in a challenging economic landscape. Peter discusses the competitive edge and strategic advantages of white-label storage management, emphasizing how to transform overlooked or mismanaged facilities into profitable ventures. Through real-world case studies, he illustrates the importance of leveraging technology, effective revenue management, and customized services to optimize operations. WHAT TO LISTEN FOR 00:58 - Creating a White Label Self-Storage Brand 10:48 - Revenue Management and Cost Reduction Strategies 15:17 - Logical Pricing Parameters 19:15 - Balancing Quality and Cost Reduction Leave a positive rating for this podcast with one click GUEST: PETER SMYTH Peter’s LinkedIn | White Label Storage LinkedIn | X | Facebook | Website | Email | CONNECT WITH US Website | You Tube | Facebook | X | LinkedIn | Instagram…
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Self Storage Investing
1 Recession-Proof and Ready: Why Self Storage Still Wins 11:54
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Play Later Play Later Lists Like LikedSend us a text Is now really the best time to invest in self storage — or are you missing the wave while waiting on the sidelines? Scott Meyers makes a bold case for why the current market climate may be the most promising we've seen since 2012. As inflation tapers off and interest rates begin to ease, Scott unpacks why seasoned investors are charging full speed ahead. He also revisits the powerful benefits of third-party management — giving investors a way to underwrite with precision, eliminate operational headaches, and optimize online exposure without breaking the bank on marketing. From lessons learned in previous cycles to boots-on-the-ground insights from the latest industry expos, this is a timely masterclass on investing with confidence when others hesitate. LISTEN FOR 1:42 – Investor Paralysis Explained 3:46 – Money on the Sidelines: What's Holding Back Investors? 7:09 – Capital Crunch: Lending is Tightening 7:56 – Third-Party Management Reloaded: Why It Works Now More Than Ever 9:56 – Cutting Marketing Costs Without Losing Leads 10:16 – Create Your Legacy Through Storage Leave a positive rating for this podcast with one click CONNECT WITH US Website | You Tube | Facebook | X | LinkedIn | Instagram Follow so you never miss a NEW episode! Leave us an honest rating and review on Apple or Spotify.…
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Self Storage Investing
1 Partnering With the Giants: Why Spartan Uses REITs 37:02
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Play Later Play Later Lists Like LikedSend us a text What happens when a pilot trades the cockpit for a climate-controlled unit? In this episode, Scott sits down with Ryan Gibson of Spartan Investment Group for an in-depth look at the evolution, strategy, and future of self-storage investing. Ryan shares his fascinating journey from the airline industry to managing a self-storage empire valued at over $800 million. The two discuss how speed, adaptability, and vertical integration are the engines behind Spartan’s exponential growth, and why partnering with REITs (rather than competing with them) is a game-changing move. They dig into how current market dynamics—from inflation to sluggish home sales—are reshaping investment strategies, and why a flat market isn’t necessarily a bad thing. Watch For 2:24 Why Speed Is the New Currency in Storage 3:28 Vertical Integration Meets Strategic Agility 8:46 The REIT Pivot: Strategy or Survival? 13:56 The Built-In REIT Exit Strategy 19:13 How REITs Use Third-Party Management as an Acquisition Funnel 21:03 Building REIT-Ready Properties for Premium Exits 22:56 Are REIT-Managed Deals Lower Return? 32:51 Where Spartan Is Buying Now: Growth Markets with No Pipeline Leave a positive rating for this podcast with one click Connect with Guest: Ryan Gibson Website | LinkedIn CONNECT WITH US Website | You Tube | Facebook | X | LinkedIn | Instagram Follow so you never miss a NEW episode! Leave us an honest rating and review on Apple or Spotify.…
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Self Storage Investing
1 FEED DROP - Talking 3 Million Sq Ft of Storage and the first Self-Storage Mastermind with Scott Meyers 30:34
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Play Later Play Later Lists Like LikedSend us a text This is a FEED DROP of an episode of the Defining Your Niche Podcast with Thaddeus Campbell that Scott was a guest on. Is the "unsexy" world of self-storage actually the smartest path to wealth, freedom, and impact? Host Thaddeus Campbell is joined by industry expert Scott Meyers—owner of over 3 million square feet of storage, founder of Kingdom Storage Partners, and the heart behind one of the most influential self-storage masterminds in the U.S. Scott shares his journey from tenant-weary landlord to recession-resistant storage mogul, the power of faith in business, and why success is about more than spreadsheets—it’s about relationships, purpose, and giving back. Watch the interview here Leave a positive rating for this podcast with one click CONNECT WITH US Website | You Tube | Facebook | X | LinkedIn | Instagram Follow so you never miss a NEW episode! Leave us an honest rating and review on Apple or Spotify.…
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Self Storage Investing
Send us a text Scott Meyers takes us on a no-nonsense deep dive into the critical role of financial oversight in self-storage businesses. Whether you're a one-facility operator or managing a growing portfolio, Scott makes it clear: if you don't have a CFO, you are the CFO. Using Warren Buffett’s wisdom as a launching point, he breaks down the essential monthly, quarterly, and annual financial cadences every owner must adopt. From budgeting realistically (no pie in the sky numbers!) to analyzing rolling 13-month cash flows, and from understanding why trends matter more than isolated data points to the perils of missing tax deadlines—Scott outlines how strategic financial management can make or break your business. LISTEN FOR 5:52 Why Two Sets of Books (Cash vs Accrual) Matter 7:25 Monthly Cadence: How to Review Your Financial Health 9:05 Rolling 13-Month Cash Flow: Your Financial Crystal Ball 10:43 Don’t Trust REIT Benchmarks: Your KPIs Should Be Yours 16:04 Mastermind P&L Showdown: What Real Operators Are Doing 19:17 Three Essential Questions for Every Financial Meeting Watch For 7:45 How a Missed K-1 Can Cost You Investor Trust 11:00 Rolling 13-Month Cash Flow: See the Trends, Avoid the Traps 14:50 What the Balance Sheet Really Tells You 19:20 Financial Forecasting: 90 Days Forward 22:00 The 3 Key Questions for Every C-Suite Meeting Leave a positive rating for this podcast with one click CONNECT WITH US Website | You Tube | Facebook | X | LinkedIn | Instagram Follow so you never miss a NEW episode! Leave us an honest rating and review on Apple or Spotify.…
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Self Storage Investing
1 FEED DROP - What is the State of Self Storage Today? What are the Benefits of Joining a Mastermind? 21:15
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Play Later Play Later Lists Like LikedSend us a text This is a FEED DROP of an episode of the Commercial Real Estate Investing From A-Z Podcast that Scott was a guest on. How is self-storage doing today? What are the benefits of joining a mastermind? Scott Meyers, founder and CEO of Self Storage Investing , shares his knowledge with us. Read this entire interview here: https://tinyurl.com/rt4pvac2 You have been doing self-storage for 20 years, how is self-storage doing today? We're bullish on storage. It doesn't matter what the economy's doing, because our asset classes are largely unaffected by what's happening when things are good, people buy more stuff and there's a need for storage so we do well. When there's a contraction in the economy and people are losing their jobs or businesses, it is going a little slower. They have to put their inventory in storage, or they sublease their office or whatever their business looks like and we benefit from that, as well. We are heading into a time that we've been preparing for years, which is kind of the intersection of all that. Interest rates are a little higher and the cost of capital is higher but we are seeing a contraction in the market, which is causing people to downsize businesses. I heard this morning that in Austin, Texas 20% of the workforce is unemployed right now. Some of these companies are laying their people off. But there is a pullback right now, and the jobless rate is a little higher than even what the government statistics would show because we're seeing it and feeling it in the marketplace. Do you think self-storage is being overbuilt in places? You can't say that the industry is overbuilt. If everybody's rates all across the country, were going down and everybody was at 50% occupancy, maybe, but I don't think that we would ever get to that standpoint. There are lots of safeguards in our industry and we do know what it takes to do our homework and understand as developers, what makes this successful self-storage development project. With today's very difficult capital markets: appraisers, lenders, and private equity partners, they are not just throwing money at us, assuming it's going to win, they are forcing and they want to see our feasibility studies and the demand studies that we're doing in the marketplace to understand what a deal looks like before they're going to grant us a loan or loan us our limited partners that are going to come alongside of us or the hedge funds and invest with us. We shouldn't be coming forward if we didn't have that, and we really wouldn't get it anyway. What are some things that you have seen happen at your mastermind? A lot of the things that we've seen are things that we've built in an environment in which all the good things that we see in a mastermind can occur and some of that is true. As we take a step back, we recognize that following the Napoleon Hills model, which is when like-minded people come together and operate at a certain level, good things happen. They share best business practices, they can do business together and so from the beginning, that's the way we designed it. And we see other masterminds out there where they'll just accept anybody into the group, as long as they can write a check. We have an interview process, and it's an exclusive group that we've put into place in the mastermind. Scott Meyers www.selfstorageinvesting.com…
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Self Storage Investing
1 Storage Wars: Why NOW Is the Time to Invest 21:25
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Play Later Play Later Lists Like LikedSend us a text Is self-storage still a smart investment—or did you miss the boat? Scott Meyers answers the question on every investor’s mind: Is now the time to jump into self-storage? Backed by 20+ years of experience and fresh 2025 market data, Scott breaks down the economic forces driving record demand in self-storage—even amidst uncertainty. He dives into supply chain shifts, demographic trends, urbanization, minimalism, and how high interest rates are actually creating a once-in-a-decade land grab opportunity. From adaptive reuse projects to market selection and investment timing, Scott reveals why self-storage is outperforming other sectors and how savvy investors can ride the coming wave. Listen For: 01:57 – Why self-storage thrives in both boom and bust cycles 06:41 – U.S. households using storage hits record high in 2024 15:21 – $3B in 2024 sales: Who's buying self-storage and why 18:49 – Timing the next refinance or exit for max value Leave a positive rating for this podcast with one click CONNECT WITH US Website | You Tube | Facebook | X | LinkedIn | Instagram Follow so you never miss a NEW episode! Leave us an honest rating and review on Apple or Spotify.…
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Self Storage Investing
1 FEED DROP - How Deals Are Made in Self Storage With Scott Meyers 45:34
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Play Later Play Later Lists Like LikedSend us a text This is a FEED DROP of an episode of the Wealth Without Wall Street Podcast that Scott was a guest on. With any investment, there will always be some risk. But some investments are safer than others. Take the self-storage facility, for example. You may not have considered it as a potential investment opportunity, but self-storage is actually a wise and safe investment. In today's episode, Russ and Joey chat with Scott Meyers, founder and CEO of Self Storage Profits, Inc., about the potential of self-storage as a pathway to financial freedom. They also discuss how deals are made in self-storage. So if you're looking for a place to make your money work, this episode might lead you down the right path. Top 3 Things You’ll Learn: Why investing in self-storage facilities is an excellent way to become financially free Factors to consider when deciding to purchase a property to be used as a self-storage facility What qualities to look for when hiring an operator or a manager for your facility Connect with Scott Meyers: Website - https://selfstorageinvesting.com/ Attend the Self Storage Academy in Seattle, WA August 21-23 https://selfstorageacademy.com/…
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Self Storage Investing
1 Bourbon, Cigars, and Self Storage: A Perfect Pairing 43:15
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Play Later Play Later Lists Like LikedSend us a text Ever wondered what self-storage has to do with cigars, bourbon, and life’s little pleasures? In this episode Scott Meyers and Doug Downs dive into a passionate discussion about the finer things in life – cigars, bourbon, and the importance of proper storage for both. Scott shares his journey of discovering the art of cigars and bourbon pairings, exploring how both are more than just indulgences – they're celebrations of life, community, and craftsmanship. From the art of cigar rolling to the perfect bourbon match, they explain how self-storage and cigar storage have more in common than you might think, all while making sure your cigars stay fresh for the next celebration. Listen For 10:13 The Importance of Hand-Rolled Cigars 13:09 Understanding Cigar Sizes: A Cigar 101 16:23 The $1.3 Million Cigar 26:47 Humidity and Temperature Control for Cigars 28:36 Quick Fix for a Dry Cigar 32:19 The Art of Pairing Bourbon with Cigars Where to Buy Quality Cigars Online: Famous Smoke Shop ( www.famous-smoke.com ) – Great selection and deals. Cigars International ( www.cigarsinternational.com ) – Bulk discounts and sampler packs. Thompson Cigar ( www.thompsoncigar.com ) – Subscription services and discounts. JRCigars ( www.jrcigars.com ) – One of the oldest and most trusted retailers. Atlantic Cigar ( www.atlanticcigar.com ) – Rare and limited cigars available. Cigars Direct – www.cigarsdirect.com Top Sources for Reviews & Ratings: Cigar Aficionado ( www.cigaraficionado.com ) – The industry leader in ratings. Halfwheel ( www.halfwheel.com ) – Deep-dive, detailed cigar reviews. Cigar Dojo ( www.cigardojo.com ) – Community-driven reviews. Reddit r/cigars ( www.reddit.com/r/cigars ) – User-generated cigar reviews and discussions. Leave a positive rating for this podcast with one click CONNECT WITH US Website | You Tube | Facebook | X | LinkedIn | Instagram Follow so you never miss a NEW episode! Leave us an honest rating and review on Apple or Spotify. Attend the Self Storage Academy in Seattle, WA August 21-23 https://selfstorageacademy.com/…
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Self Storage Investing
1 FEED DROP - Self-Storage: The Recession-Proof Real Estate Investment 42:32
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Play Later Play Later Lists Like LikedSend us a text This is a FEED DROP episode! In this episode of The Jack Bosch Show, we dive into the world of self-storage investing with expert Scott Myers. Scott shares his journey from single-family homes to self-storage and why he believes it's the best real estate asset class. We discuss the low-maintenance business model, high cash flow potential, and recession resilience of self-storage. Scott also breaks down how to find the best deals, key financial metrics, and how beginners can get started. CONNECT WITH JACK BOSCH Website | You Tube | Facebook | LinkedIn | Instagram | TikTok CONNECT WITH US Website | You Tube | Facebook | X | LinkedIn | Instagram Follow so you never miss a NEW episode! Leave us an honest rating and review on Apple or Spotify. Attend the Self Storage Academy in Seattle, WA August 21-23 https://selfstorageacademy.com/…
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Self Storage Investing
1 PROTECT Your Storage Business from Skyrocketing Insurance Costs 26:15
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Play Later Play Later Lists Like LikedSend us a text Is self-storage insurance breaking the bank? Scott Meyers welcomes back industry expert Terry Campbell for a record-breaking third time. After a brief "retirement," Terry has reentered the industry, this time leading the self-storage vertical at Johnson Insurance. Together, Scott and Terry unpack the rising costs of insurance, the impact of natural disasters on premiums, and strategies for self-storage investors to protect their assets without overpaying. They discuss how savvy operators can adapt to the shifting landscape, the importance of proper underwriting, and the potential opportunities that arise as market conditions squeeze out weaker players. WHAT TO LISTEN FOR 04:01 – Why Insurance Costs Are Skyrocketing (And How It Affects You) 10:43 – How to Accurately Underwrite Insurance Costs 14:04 – How Insurance Costs Can Impact Property Valuations and Deals 19:17 – Terry’s 2025 Game Plan for His Own Self-Storage Portfolio Leave a positive rating for this podcast with one click GUEST: TERRY CAMPBELL Website | LinkedIn CONNECT WITH US Website | You Tube | Facebook | X | LinkedIn | Instagram Follow so you never miss a NEW episode! Leave us an honest rating and review on Apple or Spotify. Attend the Self Storage Academy in Seattle, WA August 21-23 https://selfstorageacademy.com/…
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Self Storage Investing
1 3 Rules for Building a Customer First Self Storage Empire 26:22
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Play Later Play Later Lists Like LikedSend us a text Is your self-storage business keeping up with the digital revolution? Scott breaks down the essential shift toward remote management and how technology is redefining customer experience. From online reservations and automated payments to AI-powered chatbots and interactive virtual tours, Scott explains why a seamless digital experience is now a necessity—not just a luxury. He shares lessons learned from implementing kiosks, strategies for maximizing uptime, and tips for leveraging automation to reduce costs while increasing customer satisfaction. Whether you're already embracing remote management or just starting to explore the possibilities, this episode is packed with insights to keep your self-storage business ahead of the competition. WHAT TO LISTEN FOR 05:41 – Lessons from the First Self-Storage Kiosks 14:31 –Keeping Customers Engaged with Automation 20:59 – Social Proof & Online Reputation 23:24 – Avoiding Customer Churn Leave a positive rating for this podcast with one click CONNECT WITH US Website | You Tube | Facebook | X | LinkedIn | Instagram Follow so you never miss a NEW episode! Leave us an honest rating and review on Apple or Spotify. Attend the Self Storage Academy in Seattle, WA August 21-23 https://selfstorageacademy.com/…
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Self Storage Investing
1 Trading Time for Wealth: How Clint Harris Found Financial Freedom 43:25
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Play Later Play Later Lists Like LikedSend us a text Can self-storage really be the key to financial freedom? Clint Harris thinks so. Scott Meyers sits down with Clint, a former medical sales professional who escaped the grind by turning abandoned big-box stores into thriving storage facilities. Clint shares his journey, his strategy for creating wealth, and why self-storage is one of the best opportunities in today’s market. After years of trading time for money in real estate—flipping houses, managing Airbnbs, and dealing with endless headaches—Clint discovered the power of adaptive reuse. Now, as a general partner at Nomad Capital, he’s built a scalable, recession-resistant business by converting underutilized retail spaces into high-value storage properties. WHAT TO LISTEN FOR 03:34 – The Wake-Up Call: Trading Time for Money 09:49 – The Turning Point: Why Self-Storage? 25:35 – The Secret to Hitting 500M in Assets 31:57 – Why Now is the Time to Buy Self-Storage Leave a positive rating for this podcast with one click CONNECT WITH GUEST: CLINT HARRIS Website | Going Coastal Property Management | LinkedIn | Truly Passive Income Podcast CONNECT WITH US Website | You Tube | Facebook | X | LinkedIn | Instagram Follow so you never miss a NEW episode! Leave us an honest rating and review on Apple or Spotify. Attend the Self Storage Academy in Seattle, WA August 21-23 https://selfstorageacademy.com/…
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Self Storage Investing
1 Jack Bosch’s Land Empire: The Secret to Flipping Dirt for Dollars 42:07
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Play Later Play Later Lists Like LikedSend us a text What if the key to real estate riches isn’t flipping houses or owning rentals—but buying, splitting, and selling land? Scott Meyers sits down with land investing expert Jack Bosch to discuss the hidden potential in vacant land deals. Jack shares how he’s mastered the art of acquiring land for pennies on the dollar, subdividing it, and turning it into serious profits—without the headaches of tenants or property maintenance. Whether you're a self-storage investor looking for prime development land or simply intrigued by an overlooked real estate niche, Jack reveals his top strategies for finding, evaluating, and profiting from land investments. WHAT TO LISTEN FOR 03:58 – Why Land Investing is the Ultimate Real Estate Strategy 09:37 – Finding the Right Land for Self-Storage Development 18:01 – Rezoning Land: Tips, Risks, and Winning Strategies 26:31 – The $100K Land Split Strategy (That Few Investors Use!) Leave a positive rating for this podcast with one click CONNECT WITH GUEST: JACK BOSCH Website | Land Profit Generator | Instagram | TikTok | YouTube | Facebook | LinkedIn CONNECT WITH US Website | You Tube | Facebook | X | LinkedIn | Instagram Follow so you never miss a NEW episode! Leave us an honest rating and review on Apple or Spotify. Attend the Self Storage Academy in Seattle, WA August 21-23 https://selfstorageacademy.com/…
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Self Storage Investing
1 Boost Your Self Storage Leadership Skills for Success NOW 36:44
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Play Later Play Later Lists Like LikedSend us a text Is Your Leadership Holding You Back? Here’s How to Fix It. Scott dives deep into what it truly means to lead effectively, fresh from an insightful mastermind session, he shares powerful takeaways on self-awareness, vision-casting, decision-making, and resilience. Scott uncovers how to refine your leadership style, build a culture of purpose, and create a team that drives success. He also explores the importance of financial literacy, hiring for cultural alignment, and knowing when to pivot. If you’ve ever questioned your role as a leader or struggled with delegation, vision-setting, or strategic decision-making, this episode is for you! WHAT TO LISTEN FOR 3:23 – Defining Your Leadership Style vs. Becoming Self-Aware 13:51 – A Business That Changes the World: Why Purpose Matters 16:11 – Building Resilience as a Leader 21:22 – Hiring the Right People: Culture First, Skills Second Leave a positive rating for this podcast with one click CONNECT WITH US Website | You Tube | Facebook | X | LinkedIn | Instagram Follow so you never miss a NEW episode! Leave us an honest rating and review on Apple or Spotify. Attend the Self Storage Academy in Seattle, WA August 21-23 https://selfstorageacademy.com/…
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Self Storage Investing
1 The StorTrack Advantage: Helping Self Storage Investors Maximize Profits 38:22
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Play Later Play Later Lists Like LikedSend us a text Is Data the Secret to Self-Storage Success? You Bet. Scott sits down with James Breunig of StorTrack, the go-to data platform for self-storage investors. James shares his journey from manufacturing to self-storage, detailing how data-driven decision-making has shaped his success. The conversation dives deep into market analytics, revenue management, and the critical role of tracking trends to stay ahead in an increasingly competitive industry. With insights on the latest industry shifts, strategies for optimizing pricing, and the hottest markets for expansion, this episode is packed with knowledge for investors at every level. Plus, StorTrack is offering an exclusive 40% discount to listeners—don’t miss out! WHAT TO LISTEN FOR 09:48 What Exactly Does StorTrack Do? 14:46 Why Real-Time Analytics Matter More Than Ever 20:55 The Power of Revenue Management & Pricing Strategies 29:02 How StorTrack’s Custom Data Reports Unlock Hidden Revenue Leave a positive rating for this podcast with one click GUEST: JAMES BREUNIG, Business Development Manager Website | Facebook | LinkedIn 40% off coupon code that can be applied to Market Reports or Month-to-Month Basic Explorer subscriptions: SSP40 CONNECT WITH US Website | You Tube | Facebook | X | LinkedIn | Instagram Follow so you never miss a NEW episode! Leave us an honest rating and review on Apple or Spotify. Attend the Self Storage Academy in Seattle, WA August 21-23 https://selfstorageacademy.com/…
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Self Storage Investing
1 The Abundance Mindset: Jerremy Newsome’s Path to Financial Freedom 28:11
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Play Later Play Later Lists Like LikedSend us a text What can a 12-year-old inspired by Forrest Gump teach us about investing, resilience, and building wealth? Scott welcomes investor Jerremy Newsome to share his fascinating journey—from cashing in on Apple stock as a child to navigating tough lessons like losing it all, and finally, to building a multi-faceted investment empire. Jerremy opens up about his strategies, from stock market mastery to bourbon barrels, and how he uses connection, clarity, and giving as his guiding principles. Whether you're a self-storage pro or exploring other asset classes, this episode is packed with insights that will inspire and energize your financial journey. WHAT TO LISTEN FOR 05:21 – “You can’t trust a person who hasn’t lost it all” 09:48 – Breaking free by defining financial freedom 13:45 – Why ultimate clarity is the cheat code to wealth 20:01 – The abundance mindset: “The more you give, the more you are given” Leave a positive rating for this podcast with one click GUEST: JERREMY NEWSOME LinkedIn | Website | YouTube | Instagram | Books CONNECT WITH US Website | You Tube | Facebook | X | LinkedIn | Instagram Follow so you never miss a NEW episode! Leave us an honest rating and review on Apple or Spotify. Attend the Self Storage Academy in Seattle, WA August 21-23 https://selfstorageacademy.com/…
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Self Storage Investing
1 The Military Mindset Behind Choosing Self Storage 30:00
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Play Later Play Later Lists Like LikedSend us a text Want to know how a crack house led to a self-storage empire? Scott sits down with Scott Lewis of Spartan Investments to discuss his incredible journey from flipping houses in Washington, D.C. to building a nationwide self-storage empire. The duo dive into the evolution of Spartan's strategy, the decision to incorporate third-party management alongside their own operations, and the lessons learned along the way. They explore the flexibility needed to thrive in the competitive storage market, the role of REITs, and the importance of balancing self-management with outsourcing for growth and efficiency. WHAT TO LISTEN FOR 01:55 - From Crack House to Seed Money – How it all Started 06:42 - Self-Management vs. Third-Party Management – the Big Debate 18:40 - Building Investor Trust Through Operational Excellence 26:58 - How Technology and AI are Shaping the Future of Storage Leave a positive rating for this podcast with one click GUEST: SCOTT LEWIS LinkedIn | Website | YouTube CONNECT WITH US Website | You Tube | Facebook | X | LinkedIn | Instagram Follow so you never miss a NEW episode! Leave us an honest rating and review on Apple or Spotify. Attend the Self Storage Academy in Seattle, WA August 21-23 https://selfstorageacademy.com/…
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Self Storage Investing
Send us a text What does it take to think like a Navy SEAL and win at both life and business? Scott Meyers interviews former SEAL and leadership coach William Branum. With 26 years of military experience, William shares how the mindset required to survive SEAL training can be applied to leadership, business, and personal growth. From breaking through self-limiting beliefs to improving team dynamics, William reveals actionable insights, emphasizing that success is a choice and mediocrity is optional. WHAT TO LISTEN FOR 04:06 Why most people fail: aiming for the minimum 09:50 Why mediocrity is easier but always comes at a cost 14:25 Rewriting the story: overcoming self-limiting beliefs 18:12 Business as a battlefield: preparing to win every day Leave a positive rating for this podcast with one click GUEST: WILLIAM BRANUM Website | Book | LinkedIn | Instagram CONNECT WITH US Website | You Tube | Facebook | X | LinkedIn | Instagram Follow so you never miss a NEW episode! Leave us an honest rating and review on Apple or Spotify.…
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Self Storage Investing
1 Top 10 Challenges Facing Self Storage Operators 28:40
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Play Later Play Later Lists Like LikedSend us a text Leave a positive rating for this podcast with one click Scott looks at the top 10 trends and obstacles shaping the industry from economic uncertainty and rising operational costs to labor challenges and sustainability pressures. He also offers actionable strategies for staying ahead, emphasizing innovation, adaptability, and customer focus. With insights from his 5-million-square-foot portfolio and 29,000 units nationwide, this episode will help self-storage investors and operators gearing up for a successful year. WHAT TO LISTEN FOR 6:06 - The importance of technology and automation in 2025 15:00 - Cybersecurity threats and protecting customer data 22:25 - Labor market challenges and hiring Rockstar managers 26:01 - Strategies for proactive, customer-focused operations CONNECT WITH US Website | You Tube | Facebook | X | LinkedIn | Instagram Follow so you never miss a NEW episode! Leave us an honest rating and review on Apple or Spotify. Attend the Self Storage Academy in Seattle, WA August 21-23 https://selfstorageacademy.com/…
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Self Storage Investing
Send us a text Leave a positive rating for this podcast with one click How do you scale your self-storage business without risking your investors' trust? Scott dives into the art and science of raising private equity, sharing his proven strategies for crafting compelling investment offerings, building trust with equity partners, and creating systems that support sustainable growth. Learn how to attract the right investors, structure deals effectively, and deliver returns that keep your business ahead of the pack. WHAT TO LISTEN FOR 02:14 Crafting Compelling Offers: Storytelling with Data 09:37 The Key Metrics Investors Want to See 17:38 Networking 101: Finding Your Ideal Investors 26:20 Skin in the Game: Why It Matters to Investors CONNECT WITH US Website | You Tube | Facebook | X | LinkedIn | Instagram Follow so you never miss a NEW episode! Leave us an honest rating and review on Apple or Spotify. Attend the Self Storage Academy in Seattle, WA August 21-23 https://selfstorageacademy.com/…
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Self Storage Investing
1 The Five Things for me that Made 2024 Stand Out 20:56
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Play Later Play Later Lists Like LikedSend us a text What happens when a challenging year pushes you to redefine success? Scott reflects on the highs and lows of 2024, unveiling the five keys that fueled his personal and professional transformation. From exploring the unconventional benefits of psychedelics to saying “yes” to life-changing family experiences and delegating for maximum impact, Scott shares the wisdom, gratitude, and strategies that set the stage for massive success. WHAT TO LISTEN FOR 3:45 – Scott’s Psychedelic Journey 12:30 – Delegation and Empowerment 16:15 – The Power of Focus Time 18:40 – Lessons from 20 Years of Growth Leave a positive rating for this podcast with one click CONNECT WITH US Website | You Tube | Facebook | X | LinkedIn | Instagram Follow so you never miss a NEW episode! Leave us an honest rating and review on Apple or Spotify.…
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1 Discover PROFITABLE Self Storage Investments with Your IRA 34:13
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Play Later Play Later Lists Like LikedSend us a text Leave a rating for this podcast with one click How can self-directed IRAs unlock new pathways for your investment strategy? Scott welcomes Paul Herbes from Equity Trust to discuss how self-directed IRAs, Roth conversions, and real estate 401(k)s empower investors to take control of their financial future. They explore timely strategies for navigating today’s market, the potential impacts of AI, trends in industrial real estate, and the art of becoming a successful passive investor. WHAT TO LISTEN FOR 05:09 – Timely strategies: End-of-year moves to offset capital gains 10:08 – 2025 outlook: Interest rates, tariffs, and industrial real estate growth 15:12 – Roth conversions: Leveraging taxes for long-term growth 25:18 – 1031 exchanges: Debunking myths about its future GUEST: PAUL HERBES Email | LinkedIn | Calendar | Website CONNECT WITH US Website | You Tube | Facebook | X | LinkedIn | Instagram Follow so you never miss a NEW episode! Leave us an honest rating and review on Apple or Spotify. Attend the Self Storage Academy in Seattle, WA August 21-23 https://selfstorageacademy.com/…
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Self Storage Investing
1 Faith-Driven Success: Aaron Stokes on Business, God, and Growth 43:16
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Play Later Play Later Lists Like LikedSend us a text Leave a rating for this podcast with one click What if the secret to success is keeping your focus on what truly matters and allowing greatness to sneak up on you? Scott welcomes Aaron Stokes, founder of Shop Fix Academy and a leader in the automotive repair coaching industry, for an inspiring conversation. Aaron reveals how his faith in God has been the cornerstone of his journey, helping him transform a backyard repair hustle into a multimillion-dollar coaching enterprise. Aaron and Scott discuss how faith, personal development, and a focus on operations can create a thriving business. They explore the surprising connections between running an auto repair shop and managing self-storage facilities, offering actionable strategies for business owners in any industry. WHAT TO LISTEN FOR 8:08 Why “Life Before Structure” is Key to Long-Term Growth 19:23 Practical Lessons on Operational Excellence from the Auto Repair Industry that Apply to YOUR Business 23:05 the Importance of Personal Development and Raising YOUR Self-Image to Unlock New Levels of Success 30:15 How Faith Can guide Business Decisions and Inspire Leadership GUEST: Aaron Stokes Website | YouTube | Facebook | LinkedIn | Podcast CONNECT WITH US Website | You Tube | Facebook | X | LinkedIn | Instagram Follow so you never miss a NEW episode! Leave us an honest rating and review on Apple or Spotify. Attend the Self Storage Academy in Seattle, WA August 21-23 https://selfstorageacademy.com/…
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Self Storage Investing
1 How to Build Wealth Without Using Your Credit 32:18
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Play Later Play Later Lists Like LikedSend us a text Leave a rating for this podcast with one click What’s the secret to building wealth and a fulfilling life? For Ron LeGrand, the answer is as simple as systemizing real estate investing and embracing the power of teaching. Ron shares his decades of real estate wisdom, market cycles, and the art of creating passive income. How to adapt to market shifts, build wealth through "terms deals," and avoid the pitfalls of following the wrong mentors. WHAT TO LISTEN FOR 1:33 – Ron LeGrand’s humble beginnings in real estate 10:22 – Delegation: The key to scaling your business 19:57 – Building a business that can weather any storm 25:17 – How Ron structures profitable "terms deals" GUEST: RON LEGRAND Website | X | LinkedIn CONNECT WITH US Website | You Tube | Facebook | X | LinkedIn | Instagram Follow so you never miss a NEW episode! Leave a rating and review on Apple or Spotify. Attend the Self Storage Academy in Seattle, WA August 21-23 https://selfstorageacademy.com/…
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Self Storage Investing
Send us a text Leave a rating for this podcast with one click What happens when two industry veterans dig into the art of education, real estate, and self storage? Scott sits down with Eddie Speed, the nation’s leading expert on note buying, for a deep dive into their combined decades of experience. From exploring the nuances of note investing and self-storage to evaluating the roles of educators and influencers in the real estate world, this conversation is a masterclass in business integrity and insight. WHAT TO LISTEN FOR 9:08 - Why authenticity matters more than polished scripts 15:38 - Comparing notes to rental properties 22:43 - The importance of equity management in real estate portfolios 32:47 - Why "shiny object" marketing isn’t sustainable in real estate education GUEST: EDDIE SPEED LinkedIn | Website CONNECT WITH US Website | You Tube | Facebook | X | LinkedIn | Instagram Follow so you never miss a NEW episode! Leave a rating and review on Apple or Spotify.…
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Self Storage Investing
Send us a text How can technology transform self-storage operations and customer experiences? Scott catches up with James Hatfield, Chief Revenue Officer of Live Switch, to explore how cutting-edge video technology is revolutionizing the self-storage industry. James shares insights into hybrid management models, the power of VAs (virtual assistants), and how Live Switch is making waves in operational scalability for facilities big and small. WHAT TO LISTEN FOR 4:56 – How Live Switch found its niche in self storage 8:50 – The power of virtual management from anywhere 15:00 – Hybrid management models: Specializing staff roles 23:16 – Virtual assistants: Expanding hours and reducing costs Leave a positive rating for this podcast with one click GUEST: JAMES HATFIELD Website | LinkedIn CONNECT WITH US Website | You Tube | Facebook | X | LinkedIn | Instagram Follow so you never miss a NEW episode! Leave a rating and review on Apple or Spotify.…
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Self Storage Investing
1 Burnout and Breakthroughs: How Self-Storage Saved Us 33:18
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Play Later Play Later Lists Like LikedSend us a text Ready to learn the secrets behind one of the most reliable real estate investments? Scott reflects on his journey from traditional real estate to self-storage, joined by his wife, Christina. Together, they recount the challenges of managing rental properties, the eventual burnout, and the pivotal moment that led them to pursue self-storage. Christina shares her initial enthusiasm and how she persuaded Scott to make the leap. They explore lessons from their first self-storage deal, the benefits of the industry, and how it transformed their personal and professional lives. WHAT TO LISTEN FOR 05:21 Christina’s "I Quit" Moment 11:32 Finding Their First Deal 24:42 How They Funded Their Early Facilities 29:25 Lessons in Financial Analysis for Self-Storage Leave a rating for this podcast with one click GUEST: CHRISTINA MEYERS Website | You Tube | Facebook | X | LinkedIn | Instagram CONNECT WITH US Website | You Tube | Facebook | X | LinkedIn | Instagram Follow so you never miss a NEW episode! Leave us an honest rating and review on Apple or Spotify.…
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Self Storage Investing
Send us a text By focusing on the details that matter most—like occupancy rates, net operating income (NOI), and even factors like competition and CapEx—Scott provides a roadmap for presenting your project as a sound, profitable investment. With a rundown on add-backs, market trends, and the importance of lender-approved due diligence, Scott explains how to secure funding and establish your credibility with potential partners. WHAT TO LISTEN FOR 2:24 - Key Elements for Lender Confidence 12:29 - The Power of Schedule E in Negotiations 14:48 - Add-Backs that Boost Value 23:08 - Maximizing Profits for Loan Approval Leave a positive rating for this podcast with one click CONNECT WITH US Website | You Tube | Facebook | X | LinkedIn | Instagram Follow so you never miss a NEW episode! Leave us an honest rating and review on Apple or Spotify.…
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Self Storage Investing
1 Understanding the Banker’s Mindset (Part I) 41:40
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Play Later Play Later Lists Like LikedSend us a text How do you get inside a banker’s mind to secure a loan for self-storage facilities? Scott breaks down the intricate dance of lending and the steps borrowers must take to improve their chances of loan approval. He dives into how the current economic climate—elections, inflation, and fluctuating interest rates—affects loan applications and approval times. Scott also explores different lending sources, from community banks to pension funds, and emphasizes the importance of crafting a detailed business plan to win over lenders. WHAT TO LISTEN FOR :59 The Impacts of Interest Rates and Elections on Lending 1:55 Why Banks Avoid Saying “No” Directly 6:15 Can You Get Pre-Approved For a Self Storage Loan? 29:49 Final Projections: Why Good Enough Isn’t Good Enough Leave a positive rating for this podcast with one click CONNECT WITH US Website | You Tube | Facebook | X | LinkedIn | Instagram Follow so you never miss a NEW episode! Leave us an honest rating and review on Apple or Spotify.…
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Self Storage Investing
1 Broker-Dealer Rules Every Self-Storage Operator Should Know 41:49
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Play Later Play Later Lists Like LikedSend us a text What happens when changing regulations collide with private equity in self-storage? Scott sits down with Byron Elliot of Three Pillars Law to explore the evolving landscape of fundraising and legal compliance in real estate investing. From shifting SEC enforcement strategies to the rise of fund-to-fund models, Scott and Byron offer crucial insights into how operators can stay ahead in a tightening market. They also dig into creative financing strategies, how to avoid broker-dealer pitfalls, and why transparency and solid legal practices are non-negotiable when handling other people’s money. WHAT TO LISTEN FOR 04:40 – SEC enforcement and the impact of stricter penalties 17:45 – Distressed assets: Opportunity amidst market shifts 20:51 – Creative financing solutions: Owner-carry notes are back 39:54 – Byron’s advice for navigating private equity Leave a rating for this podcast with one click CONNECT WITH GUEST: Byron Elliott, Esq. (Managing/Founding Partner Attorney) Website | LinkedIn | Facebook CONNECT WITH US Website | You Tube | Facebook | X | LinkedIn | Instagram Follow so you never miss a NEW episode! Leave us an honest rating and review on Apple or Spotify.…
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Self Storage Investing
1 Preparing for Self Storage Growth in 2025 – Part Two 24:17
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Play Later Play Later Lists Like LikedSend us a text Planning for success in 2025 starts now —and Scott is back with part two of his guide to mapping out a productive year. This episode dives into the nitty-gritty of creating a concise one-page plan that aligns goals with core values, all while ensuring team accountability and strategic foresight. Whether it’s budgeting, staffing, or outlining KPIs, Scott emphasizes that goal setting is a process that shouldn’t wait until the last minute. He discusses frameworks like EOS to keep the team focused and motivated, how to structure meetings effectively, and why it’s crucial to define both long-term vision and midterm benchmarks. WHAT TO LISTEN FOR 02:25 Why core values drive business success 06:46 Hiring: From COO to acquisition specialists 12:15 Setting KPIs for growth and sustainability 18:36 “To-do” items that don’t get kicked down the road Leave a positive rating for this podcast with one click CONNECT WITH US Website | You Tube | Facebook | X | LinkedIn | Instagram Follow so you never miss a NEW episode! Leave us an honest rating and review on Apple or Spotify.…
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Self Storage Investing
1 Preparing for Self Storage Growth in 2025 – Part One 25:59
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Play Later Play Later Lists Like LikedSend us a text How do you plan for a record-breaking year in business? Scott walks listeners through the first of a two-part series on how to prepare for a highly successful 2025. He breaks down the process of reviewing and reflecting on the current year to set the right goals and direction for the future. Scott highlights key questions to ask your team, the importance of evaluating every department, and how to align your growth goals with a rolling five-year plan. WHAT TO LISTEN FOR 03:49 Key questions to ask for business reflection 10:05 Leadership evaluation: Transparency and ego-checks 17:01 Performing a SWOT analysis for 2025 planning 22:16 Prioritizing initiatives: What should you focus on? Leave a rating for this podcast with one click CONNECT WITH US Website | You Tube | Facebook | X | LinkedIn | Instagram Follow so you never miss a NEW episode! Leave us an honest rating and review on Apple or Spotify.…
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Self Storage Investing
1 10 Steps for Hosting a Standout Self Storage Investor Meetup 37:04
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Play Later Play Later Lists Like LikedSend us a text Ready to host a successful investor meetup and secure more capital for your projects? Scott breaks down the 10 essential steps to plan, organize, and execute an investor meetup that leaves a lasting impression on current and potential investors. From picking the right location and date to engaging your guests with market tours, dinner, and detailed presentations, Scott walks you through how to build trust, answer questions, and ultimately close the deal. WHAT TO LISTEN FOR 03:41 Planning Your Meetup: Location and Timing 10:18 Preparing Professional Presentation Materials 26:14 The Importance of Post-Event Follow-Up 29:07 Handling Low Turnout and Highlighting Successes Leave a positive rating for this podcast with one click CONNECT WITH US Website | You Tube | Facebook | X | LinkedIn | Instagram Follow so you never miss a NEW episode! Leave us an honest rating and review on Apple or Spotify.…
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Self Storage Investing
Send us a text This is a Replay of an episode first published in October 2023. Are partnerships in self-storage the key to scaling up, or is it better to go solo? In this episode, Scott sits down with Luke Wong, a self-storage entrepreneur who has made a name for himself in the industry. Luke shares his journey from real estate flipping to his successful leap into self-storage investing. He dives deep into finding good partners, overcoming health and market challenges, and the power of networking in the self-storage world. This conversation is packed with real-world insights for anyone looking to start or grow their self-storage business. WHAT TO LISTEN FOR 4:50 – Transitioning to Self-Storage 16:35 – Taking the Leap with Partnerships 19:53 – Benefits of Good Partnerships 29:50 – Patience in Finding Deal GUEST: LUKE WONG Website | LinkedIn | Instagram | Facebook Leave a rating for this podcast with one click CONNECT WITH US Website | You Tube | Facebook | X | LinkedIn | Instagram Follow so you never miss a NEW episode! Leave us an honest rating and review on Apple or Spotify.…
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Self Storage Investing
1 Gorging Yourself at the Self-Storage Buffet 31:40
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Play Later Play Later Lists Like LikedSend us a text Ready to transform your future with self-storage success? Scott welcomes special guests Roger and Julie Trovillion, a couple who went from real estate newbies to owning three self-storage facilities, all within a few short years. Learn how they got their start, overcame doubts, and ultimately transitioned Roger out of his 9-to-5 job. Hear their inspiring story of investing both actively and passively, while also making a difference through mission work. It’s not just business—it’s a lifestyle shift. WHAT TO LISTEN FOR 02:45 The turning point that made them go "all in" on self-storage 08:40 The surprising ease of finding their first facility 15:20 The key to their confidence: Scott's no-loss investment strategy 17:05 The power of the Self-Storage Mastermind GUEST: JULIE & ROGER TROVILLION Website | Facebook | Leave a rating for this podcast with one click CONNECT WITH US Website | You Tube | Facebook | X | LinkedIn | Instagram Follow so you never miss a NEW episode! Leave us an honest rating and review on Apple or Spotify.…
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Self Storage Investing
1 Location, Location, Location: Self-Storage Site Selection 32:23
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Play Later Play Later Lists Like LikedSend us a text Are you making the right moves in self-storage site selection, or are you risking costly mistakes? In this episode of, Scott Meyers dives deep into one of the most critical aspects of self-storage development: site selection. Scott explains how to evaluate potential sites, discusses the importance of consulting experts for feasibility studies, and highlights key factors such as zoning, site size, market demand, and competition. WHAT TO LISTEN FOR 03:33 Understanding Zoning and Planning for Your Site 07:01 Ideal Site Size for Storage Facilities 15:11 Matching Facility Design to City Requirements 19:59 Positioning Your Facility Against Competition Leave a rating for this podcast with one click CONNECT WITH US Website | You Tube | Facebook | X | LinkedIn | Instagram Follow so you never miss a NEW episode! Leave us an honest rating and review on Apple or Spotify.…
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Self Storage Investing
1 Your Self-Storage Investment is a Business… Not a Hobby 22:30
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Play Later Play Later Lists Like LikedSend us a text Are you treating your self-storage investment like a business or just a hobby? In this episode, Scott looks at the crucial mistakes new investors make, particularly the costly error of not treating their self-storage ventures as serious businesses. He outlines the fundamental steps necessary to ensure long-term success, including the importance of having a solid business plan, maximizing profits, leveraging technology, and implementing standard operating procedures. Scott also shares insights on how to avoid common pitfalls and thrive in the ever-evolving self-storage industry. WHAT TO LISTEN FOR 02:47 – Seven foundational points for self-storage success 12:03 – Maximizing profit centers in your facility 18:17 – Treating your business like a franchise 20:56 – You own it: The mindset of a successful owner Leave a rating for this podcast with one click CONNECT WITH US Website | You Tube | Facebook | X | LinkedIn | Instagram Follow so you never miss a NEW episode! Leave us an honest rating and review on Apple or Spotify.…
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Self Storage Investing
1 Time Is Money: Mastering Self-Storage Deals 25:44
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Play Later Play Later Lists Like LikedSend us a text Ready to fast-track your self-storage success? In this episode, Scott launches a 30-day Letter of Intent (LOI) challenge with his Self Storage Mastery students, aiming to have each participant secure a property within a month. He dives into the essential strategies for finding and evaluating deals, mastering time management, and avoiding common pitfalls that can slow down your progress. If you’re serious about growing your self-storage portfolio, Scott’s insights on prioritizing tasks and executing a proven marketing funnel will get you there. WHAT TO LISTEN FOR 02:29 - Speed and the Self-Storage Market: Why Timing Matters 06:44 - How a 30-Day Time Audit Can Transform Your Business 16:07 - Networking in Your Market: Why It Pays to Be Direct 21:46 - Scott’s Favorite Deal-Finding Techniques Leave a rating for this podcast with one click CONNECT WITH US Website | You Tube | Facebook | X | LinkedIn | Instagram Follow so you never miss a NEW episode! Leave us an honest rating and review on Apple or Spotify.…
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Self Storage Investing
Send us a text Are you overlooking crucial details that could make or break your self-storage investment? In this episode, Scott scrutinizes the common mistakes self-storage investors make, especially when it comes to physical site inspections. He shares tips on avoiding costly pitfalls, from HVAC and roofing issues to drainage and security systems. This episode will equip you with the knowledge to ensure your investment is rock solid. LISTEN FOR 01:33 Avoiding rookie mistakes in physical inspections 05:25 The hidden costs of poor roofing 11:22 Inspecting electrical systems and plumbing 16:04 Why thorough due diligence is non-negotiable Leave a positive rating for this podcast with one click CONNECT WITH US Website | You Tube | Facebook | X | LinkedIn | Instagram Follow so you never miss a NEW episode! Leave us an honest rating and review on Apple or Spotify.…
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Self Storage Investing
1 When Cutting-Edge AI Meets the World of Self-Storage 38:41
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Play Later Play Later Lists Like LikedSend us a text In this episode, Scott chats with Tyler Sellers about his innovative software, Cactus AI, that revolutionizes the way self-storage investors handle underwriting. From mom-and-pop operations to billion-dollar institutions, Sellers reveals how this tool leverages AI to streamline the underwriting process, saving time and ensuring precision in a rapidly evolving market. Technology is leveling the playing field in real estate investment. LISTEN FOR 05:42 - Cactus: A tool for both small investors and large institutions 14:19 - Tailoring Cactus to fit different investment strategies 22:27 - Education and coaching in self-storage underwriting 29:40 - Tyler’s personal story of starting with $0 Guest: Tyler Sellars, Principal & CEO at Cactus AI Email | Website | LinkedIn | Tyler’s Self Storage Investment Journey Leave a rating for this podcast with one click CONNECT WITH US Website | You Tube | Facebook | X | LinkedIn | Instagram Follow so you never miss a NEW episode! Leave us an honest rating and review on Apple or Spotify.…
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Self Storage Investing
1 Mistake # 1 – The Risks of Purchasing Off the Beaten Path 46:20
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Play Later Play Later Lists Like LikedSend us a text Ever wondered what could derail your self-storage investment before you even start? Scott shares his personal blunders and lessons from over 20 years in the self-storage business, providing vital advice on how to avoid costly errors. He highlights the critical importance of location, market analysis, and thorough planning. WHAT TO LISTEN FOR 04:44 Market Analysis: Key Factors to Consider 15:02 Retail Mindset in Self Storage 20:19 Supply Index and Market Demand 25:36 The Role of Feasibility Studies Leave a rating for this podcast with one click CONNECT WITH US Website | You Tube | Facebook | X | LinkedIn | Instagram Follow so you never miss a NEW episode! Leave us an honest rating and review on Apple or Spotify.…
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Self Storage Investing
Send us a text Ready to break free from Wall Street's grip and build real wealth? In this episode, Scott welcomes Russ Morgan, co-founder of Wealth Without Wall Street, to discuss the power of passive income and alternative investments in achieving financial freedom. Russ and his partner Joey Mure have created a groundbreaking book that offers a three-step process for success: setting clear goals, developing a personalized plan, and finding support within a community of like-minded investors. Through their unique approach, Russ and Joey empower readers to align their investments with their individual preferences, risk tolerance, and interests, leading to more engaging and successful outcomes. From hands-on real estate ventures to hands-off opportunities, they share insights from their thriving community of nearly 9,000 members who are transforming their lives by building passive income streams, leaving a legacy, and making a lasting impact. WHAT TO LISTEN FOR 03:22 - Three-Step Process for Passive Investing 16:39 - Achieving Financial Freedom 25:33 - Vetting Syndicators and Investment Strategies 35:58 - Growing a Community of Successful Investors Leave a rating for this podcast with one click GUEST: RUSS MORGAN Website | Listen to episode 157 with Russ Morgan and Joey Mure CONNECT WITH US Website | You Tube | Facebook | X | LinkedIn | Instagram F Follow so you never miss a NEW episode! Leave us an honest rating and review on Apple or Spotify.…
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Self Storage Investing
1 Smart Tax Moves: Cost Segregation Strategies for Self-Storage 38:26
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Play Later Play Later Lists Like LikedSend us a text Are you leveraging every financial advantage in your self-storage business? In this episode, Scott Meyers, the original SELF-STORAGE EXPERT, welcomes back Sean Graham to discuss the benefits of cost segregation for real estate investors, particularly those in the self-storage sector. Sean, a CPA with extensive experience in real estate and cost segregation, explains how this strategy can significantly accelerate depreciation, providing substantial tax benefits by front-loading expenses. They cover the financial implications, the potential savings, and the practical application of cost segregation studies, emphasizing the value of understanding and utilizing these financial tools. The conversation also touches on the efficiency of using virtual assistants for property management and other business operations, highlighting the cost-effective solutions available for real estate professionals. WHAT TO LISTEN FOR 02:36 - Benefits of Cost Segregation for Self-Storage Owners 07:31 - Detailed engineering studies 18:10 - Time Value of Money and Inflation 24:45 - Property Management with Virtual Assistants Leave a rating for this podcast with one click Sean Graham LinkedIn | Maven Cost Segregation | Maven Cost Seg. Email | Maven Success Get the discount Sean mentioned CONNECT WITH US Website | You Tube | Facebook | X | LinkedIn | Instagram Follow so you never miss a NEW episode! Leave us an honest rating and review on Apple or Spotify.…
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Self Storage Investing
1 Revenue, Remote Management, and Real Results in Self-Storage 36:16
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Play Later Play Later Lists Like LikedSend us a text Can niche markets like RV and boat storage be the game-changer your business needs? In this episode, Scott chats with Gary Edmonds, a seasoned storage manager, about his journey from a commercial lender to a thriving storage facility owner and third-party manager. Gary shares his insights on managing facilities efficiently, the importance of meeting customer demands 24/7, and the evolving role of technology in the industry. They also discuss the potential in niche markets like RV and boat storage, and the critical importance of constant attention to facility operations. WHAT TO LISTEN FOR 03:57 - From Banker to Storage Boss 06:22 - Mastering Remote Management 09:32 - Expansion Strategies 28:38 - Niche Markets Explored Leave a rating for this podcast with one click GUEST: GARY EDMONDS LinkedIn | Website CONNECT WITH US Website | You Tube | Facebook | X | LinkedIn | Instagram Follow so you never miss a NEW episode! Leave us an honest rating and review on Apple or Spotify.…
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Self Storage Investing
1 Scaling Smart: Self-Storage Strategies for Maximum Returns 44:34
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Play Later Play Later Lists Like LikedSend us a text Ever wondered how to turn a sleepy self-storage facility into a bustling profit powerhouse? Unlock the hidden potential of self-storage with the expert insights from Peter Smyth on the Self-Storage Podcast. Scott and Peter explore the nuances of tailoring management strategies to individual needs, enhancing customer experience, and sustaining growth in a challenging economic landscape. Peter discusses the competitive edge and strategic advantages of White Label Storage management, emphasizing how to transform overlooked or mismanaged facilities into profitable ventures. Through real-world case studies, he illustrates the importance of leveraging technology, effective revenue management, and customized services to optimize operations. WHAT TO LISTEN FOR 00:58 - Creating a White Label Storage Brand 10:48 - Revenue Management and Cost Reduction Strategies 15:17 - Logical Pricing Parameters 19:15 - Balancing Quality and Cost Reduction Leave a positive rating for this podcast with one click GUEST: PETER SMYTH Peter’s LinkedIn | White Label Storage LinkedIn | X | Facebook | Website | Email CONNECT WITH US Website | You Tube | Facebook | X | LinkedIn | Instagram…
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Self Storage Investing
1 How a Family Business Became a Self-Storage Leader 46:51
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Play Later Play Later Lists Like LikedSend us a text It was all about cold calls in the early days. Rachel Parham of Noah's Ark Development remembers her dad making call after call to manage a portfolio of over 400 facilities. Nothing wrong with good, honest, nose to the grindstone hard work. And it paid off. Rachel emphasizes the importance of due diligence, market studies, and experienced partnerships while discussing the challenges and opportunities in today's market. WHAT TO LISTEN FOR: 05:14 - A Family Affair 15:37 - Strategic Site Selection 18:27 - Adapting to Market Demands 24:00 - The Power of Technology Leave a positive rating for this podcast with one click GUEST: RACHEL PARHAM | President Noah’s Ark Development Website | Facebook | Learn Self Storage Videos | Blog | Invest in Noah’s Ark CONNECT WITH US Website | You Tube | Facebook | X | LinkedIn | Instagram Follow so you never miss a NEW episode! Leave us an honest rating and review on Apple or Spotify.…
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Self Storage Investing
Send us a text Tom Dunkel, Chief Investment Officer at Belrose Storage Group, discusses the increasing demand for boat and RV storage in the US. He explains that the production of RVs and boats is outpacing the creation of storage spaces, with homeowners’ associations and municipalities often restricting parking in residential areas. Dunkel suggests that this demand, coupled with the low maintenance and high margins of such facilities, makes boat and RV storage an attractive investment. However, he acknowledges that raising capital for these projects can be challenging due to investor unfamiliarity with the asset class and current economic uncertainties. Despite these challenges, Dunkel remains optimistic about the future of boat and RV storage, seeing it as a long-term growth opportunity. WHAT TO LISTEN FOR 13:04 Growing Demand for Boat and RV Storage 15:17 Operational Ease 16:18 Future Growth Prospects 28:14 Challenges in Raising Capital Leave a positive rating for this podcast with one click CONNECT WITH Tom Dunkel Website | X | LinkedIn CONNECT WITH US Website | You Tube | Facebook | X | LinkedIn | Instagram Follow so you never miss a NEW episode! Leave us an honest rating and review on Apple or Spotify.…
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Self Storage Investing
1 REPLAY – Top FAQs From Self-Storage Newbies 34:37
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Play Later Play Later Lists Like LikedSend us a text This is an episode first published in September 2023. It’s one of our most popular. In this episode Scott discusses the current state of the Self-Storage industry and why it’s attracting new investors. With other asset classes experiencing a downturn, Self-Storage remains a lucrative investment option. Scott explains how self-storage thrives during economic downturns as businesses and individuals downsize, leading to increased demand and rental rates. He also highlights the benefits of investing in self-storage during a recession and the opportunities it presents. This episode provides valuable insights for those interested in entering the self-storage market or looking for alternative investment options. WHAT TO LISTEN FOR 1:25 Why Self-Storage during economic downturns 8:26 A solid plan for getting started in Self-Storage 10:14 The vital importance of writing a business plan 23:00 How to really understand cashflow CONNECT WITH US Website | You Tube | Facebook | X | LinkedIn | Instagram Leave a rating for this podcast with one click GUEST: Doug Downs Website | You Tube | Facebook | X | LinkedIn | Instagram…
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Self Storage Investing
1 Banking on Self-Storage: A Guide to Smart Financing 32:44
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Play Later Play Later Lists Like LikedSend us a text What are the banks looking for right now when it comes to loans? In this episode, Scott warms up the conversation with proven strategies for securing self-storage loans amidst a challenging economic climate. He explains the evolving lending environment, the criteria lenders use to assess loan applications, and provides actionable strategies for presenting strong loan requests. Scott emphasizes the importance of having a solid business plan, understanding market conditions, and shopping loan requests to multiple lenders. WHAT TO LISTEN FOR 05:46 - Qualifying for a Loan: Key Criteria 10:58 - Creating a Compelling Business Plan 18:38 - Conventional Loans vs. SBA Loans 27:37 - Improving Profitability and Operations Leave a positive rating for this podcast with one click CONNECT WITH US Website | You Tube | Facebook | X | LinkedIn | Instagram Follow so you never miss a NEW episode! Leave a rating and review on Apple or Spotify.…
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Self Storage Investing
Send us a text Meet the software turning self-storage ads into occupancy boosters! In this episode, Scott interviews Jason Zickler, co-founder of Adverank, about how their specialized software is changing paid advertising for self-storage operators. Jason explains how Adverank's innovative algorithm provides precise budget recommendations to maximize occupancy without overspending. The discussion includes a live demo of the software, showcasing its real-time data integration with property management systems and Google Ads, and highlights successful case studies, including a remarkable turnaround for a struggling facility. Listen For: 01:34 - Adverank Overview 14:12 - Adverank Demo 23:12 - PPC Ad Shortfall Explained 41:04 - Real-World Success Stories CONNECT WITH GUEST: JASON ZICKLER Website | Email | LinkedIn | 317-698-1309 CONNECT WITH US Website | You Tube | Facebook | X | LinkedIn | Instagram Follow so you never miss a NEW episode! Leave a rating and review on Apple or Spotify.…
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Self Storage Investing
Send us a text Syndicating self-storage deals just got trickier – here’s how to stay ahead. In this episode, Scott dives into the evolving landscape of the self-storage industry, emphasizing the challenges brought by rising interest rates, construction costs, and stricter lending practices. Scott outlines nine key fee structures in syndication, offering practical advice on balancing compensation and investor satisfaction. He provides valuable insights on how syndicators can adapt, including the importance of maintaining investor confidence and effectively managing fees. Listen For: 03:32 - Fee Structures Explained 19:31 - Competition and Returns 21:05 - Balancing Fees and Incentives 22:32 - Handling Investor Pressure CONNECT WITH US Website | You Tube | Facebook | X | LinkedIn | Instagram Follow so you never miss a NEW episode! Leave us a rating and review on Apple or Spotify.…
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Self Storage Investing
Send us a text Imagine the booming world of self-storage evolving into something even more specialized and lucrative. In this episode, Scott Meyers chats with Joe Downs of the Belrose Storage Group about the emerging niche of "pro storage" – a unique blend of contractor and RV/boat storage. They explore the untapped potential of this market, the challenges of zoning and site selection, and the high demand driven by shifting consumer trends. Joe shares insights from his journey, emphasizing the importance of strategic location and the growth opportunities in this promising sector. Listen For: 02:38 - The Birth of Pro Storage 12:38 - The Demand for Contractor Storage 24:55 - Overcoming Municipal Challenges 34:50 - Demographics and Site Selection CONNECT WITH GUEST: JOE DOWNS LinkedIn | Website CONNECT WITH US Website | You Tube | Facebook | X | LinkedIn | Instagram Follow so you never miss a NEW episode! Leave us a rating and review on Apple or Spotify.…
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1 From Traditional to Self-Directed: A Wealth-Building Journey 36:46
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Play Later Play Later Lists Like LikedSend us a text Turn your savings into a wealth-building machine. Scott Meyers introduces Donnell and Angelique Stidhum, a dynamic duo dedicated to empowering individuals through financial literacy. They share their journey and strategies for leveraging self-directed 401(k)s, real estate investments, and other financial tools to achieve financial security and freedom. Highlighting the importance of community and clear goals, the Stidhums provide a roadmap for transforming traditional retirement accounts into a powerful wealth-building machine. Tune in to discover how to take control of your financial future and achieve your dreams. WHAT TO LISTEN FOR 1:31 The Importance of Financial Literacy 2:17 Donnell and Angelique's Self Directed Journey 17:48 The Power of Self-Directed Investing 19:33 Setting Clear Financial Goals Leave a positive rating for this podcast with one click GUESTS: Donnell and Angelique Stidhum Email | Website | You Tube | Facebook | LinkedIn | Instagram | TikTok CONNECT WITH US Website | You Tube | Facebook | X | LinkedIn | Instagram Follow so you never miss a NEW episode! Leave us a rating and review on Apple or Spotify.…
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Self Storage Investing
1 Breaking Ground: The Next Steps in Self-Storage Site Development 38:35
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Play Later Play Later Lists Like LikedSend us a text Site development is critical! In this episode, Scott shares the essentials of developing the perfect location for your self-storage business. From understanding zoning regulations and gaining community support to identifying red flags like environmental challenges and wetlands, he emphasizes the importance of due diligence and strategic planning. Scott highlights the critical role of market studies, feasibility assessments, and proactive consultation to ensure profitability and mitigate risks. He also discusses how a well-thought-out exit strategy and understanding the lender environment can lead to higher returns and a successful project. Listen For: 03:45 - Zoning Approval Process and Key Considerations 09:09 - Zoning and Height Restrictions 28:39 - Financing Challenges and Current Lending Environment Leave a rating for this podcast with one click CONNECT WITH US Website | You Tube | Facebook | X | LinkedIn | Instagram Follow so you never miss a NEW episode! Leave us an honest rating and review on Apple or Spotify.…
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Self Storage Investing
1 The Developer’s Guide to Self-Storage Site Evaluation 37:26
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Play Later Play Later Lists Like LikedSend us a text Essential strategies for development amidst financial uncertainties. In this episode, Scott explores the intricacies of evaluating potential development sites for lender approval in today's challenging economic landscape. With interest rates on the rise and a potential recession looming, Scott discusses the strategic importance of seizing opportunities during economic downturns, where less competition can lead to greater profits. He provides detailed insights on proper site selection, the critical role of feasibility studies, and shares lessons learned from past development challenges, urging investors to be proactive and well-prepared for when the market rebounds. Listen For: 4:53 Evaluating Potential Development Sites 10:50 Overbuilding: A Developer's Cautionary Tale 13:37 Navigating Financial Challenges and Recovery Options Leave a rating for this podcast with one click CONNECT WITH US Website | You Tube | Facebook | X | LinkedIn | Instagram Follow so you never miss a NEW episode! Leave us an honest rating and review on Apple or Spotify.…
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Self Storage Investing
1 The SpareBox Storage Tech Revolution in Self-Storage 41:40
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Play Later Play Later Lists Like LikedSend us a text Technology is transforming self-storage. Jackson Stevens shows us how tech can reign supreme in the realm of self-storage. Scott and Jackson discuss the SpareBox Technologies’ rapid growth and the innovative software solutions driving operational excellence. From AI-driven revenue management to real-time field operations apps, Stevens articulates how the integration of these technologies not only boosts NOI but also fundamentally alters the traditional storage facility management approach. Listen For: 7:34 Unveiling RaFA: The Remote Field Operations App 11:14 Leveraging AI for Effective Customer Acquisition 16:17 The Philosophy Behind Spare Box's Technological Suite 19:14 Enhancing Tenant Communication via Tech Tools Leave a positive rating for this podcast with one click GUEST: JACKSON STEVENS CEO and Co-Founder of SpareBox Technologies . Website | LinkedIn | SpareBox Technologies LinkedIn CONNECT WITH US Website | You Tube | Facebook | X | LinkedIn | Instagram Follow so you never miss a NEW episode! Leave us an honest rating and review on Apple or Spotify.…
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Self Storage Investing
Send us a text The ISS World Expo sets the stage. After attending the ISS World Expo in Las Vegas, Scott shares a comprehensive breakdown of the event, highlighting the vibrant community and the dynamic evolution of the self-storage industry. From technological advancements to the strategic discussions about the future of self-storage investments, Scott's offers a firsthand account of the industry's pulse. His focus on community, networking, and the significance of staying ahead of market trends provides invaluable guidance for anyone looking to scale in this sector. Listen For: 3:52 Education and Strategy - Choosing Your Path at the Expo 5:02 The Great Rollup - Discussing Industry Consolidation 9:12 Business as Usual? - Self-Storage in Today's Economy CONNECT WITH US Website | You Tube | Facebook | X | LinkedIn | Instagram Follow so you never miss a NEW episode! Leave us an honest rating and review on Apple or Spotify.…
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Self Storage Investing
1 Why Technology is So Important in Self-Storage 38:44
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Play Later Play Later Lists Like LikedSend us a text Software solutions are helping manage all aspects of maintaining facilities, from tracking tasks and schedules to providing insights on operational improvements. In this episode, Jadob Pandl and Bob Linneman of NodaFi join Scott to highlight the importance of having a centralized system for facility operations, especially for new entrants in the industry. They also discuss the potential for technology to create an ecosystem where different applications can communicate with each other, leading to more efficient operations. Storage facility owners need to embrace technology to enhance their operations and improve their return on investment. WHAT TO LISTEN FOR 2:09 Enhancing Operational Efficiency 3:08 Data-Driven Decision-Making 14:18 Remote Management Capabilities 25:33 Technology Integration and Ecosystem Development Leave a rating for this podcast with one click GUEST: JACOB PANDL, NodaFi Website | X | LinkedIn GUEST BOB LINNEMAN, NodaFi Website CONNECT WITH US Website | You Tube | Facebook | X | LinkedIn | Instagram…
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Self Storage Investing
1 Investment Speed: Keeping Up in a Fast Market 50:10
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Play Later Play Later Lists Like LikedSend us a text Three key steps to drive successful investments: Focus on your primary source of income, Understand the intricacies of tax-saving techniques Wrap your head around the powerful concept of 'infinite banking'. Addressing common fears and the noise of misinformation, Scott and guest Chris Miles emphasize the value of surrounding oneself with knowledgeable and successful individuals, encouraging a bold, yet calculated approach to personal finance and investment in 2024's dynamic market. Listen For 4:23 Doubling Down: A Strategy for Growth 11:22 Get Lean, Get Liquid, Get Out 17:19 Deciphering the Cashflow Index 27:40 Infinite Banking vs. 401K Leave a positive rating for this podcast with one click GUEST CHRIS MILES Website | You Tube | Facebook | X | LinkedIn | Instagram CONNECT WITH US Website | You Tube | Facebook | X | LinkedIn | Instagram Follow so you never miss a NEW episode! Leave us an honest rating and review on Apple or Spotify.…
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Self Storage Investing
1 Who is Not Telling You the Truth When it Comes to Your Investments? 38:06
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Play Later Play Later Lists Like LikedSend us a text Truth is the waters of financial advice are murky. Chris Miles is a vocal critic of mainstream financial planning. He’s often described as the anti-financial advisor. Chris brings a fresh and critical perspective on what truly works in the realm of investing. This cuts through the noise, challenging preconceived notions and exposing the hidden truths in the financial world. WHAT TO LISTEN FOR 1:28 Rethink Traditional Financial Advice 3:16 Real Estate as a Key Investment Strategy 17:07 Avoiding Investment Traps 19:05 Diversification Beyond Stocks Leave a rating for this podcast with one click GUEST: CHRIS MILES Chris Miles, the Cash Flow Expert and Anti-Financial Advisor, is a leading authority teaching entrepreneurs and professionals how to get their money working for them TODAY! He’s an author, podcast host of the Money Ripples Podcast, has been featured in US News, CNN Money, Entrepreneurs on Fire, and BiggerPockets CONNECT WITH CHRIS Website | You Tube | Facebook | X | LinkedIn | Instagram CONNECT WITH US Website | You Tube | Facebook | X | LinkedIn | Instagram Follow so you never miss a NEW episode! Leave us an honest rating and review on Apple or Spotify.…
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Self Storage Investing
1 Meyers' Method: Mastering the Art of Self-Storage 1:01:33
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Play Later Play Later Lists Like LikedSend us a text The heart and hustle behind the Meyer’s self-storage empire. This episode shares the personal and professional evolution of the Meyers’, from overworked landlords to self-storage magnates. Christina opens up about their initial leap of faith into the industry, while Scott details their transition into education and mentorship, shaping the country's leading self-storage community. The couple candidly explores the balance of business and marriage, sharing invaluable insights on partnership and conflict resolution. Topping off their narrative, they delve into their mission-driven business model, which has not only spurred financial success but also ignited a passion for philanthropy, leaving a lasting impact on communities and setting a heartfelt example for entrepreneurs everywhere. WHAT TO LISTEN FOR 3:22 The Road to Teaching 5:04 Family Dynamics in Business 9:39 Behind the Scenes Insights 19:48 A Future Focused on Philanthropy Leave a positive rating for this podcast with one click GUEST: CHRISTINA MEYERS Website | You Tube | Facebook | X | LinkedIn | Instagram CONNECT WITH US Website | You Tube | Facebook | X | LinkedIn | Instagram Follow so you never miss a NEW episode! Leave us an honest rating and review on Apple or Spotify.…
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Self Storage Investing
1 Unlocking Freedom: The Meyers' Self-Storage Revolution 49:17
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Play Later Play Later Lists Like LikedSend us a text The transformative journey of self-storage investing from chaos to calm. Scott and Christina Meyers share a raw and personal narrative of their entrepreneurial journey on the Self-Storage Podcast. From their early struggles with single-family rentals to the liberating shift to self-storage, they reflect on the business's challenges and the freedom it ultimately provided their family. The Meyers’ discuss their first self-storage deal, the growth of their business, and the deep connections formed within the industry. They emphasize how self-storage has enabled a flexible family lifestyle, including homeschooling their children and participating in mission trips, highlighting the stark contrast to their previous life consumed by demanding property management. WHAT TO LISTEN FOR 2:04 - The Partnership Dynamic 4:57 - The Turning Point to Self-Storage 13:30 - Family Perceptions 26:11 - Lessons from Recessions Leave a positive rating for this podcast with one click GUEST: CHRISTINA MEYERS Website | You Tube | Facebook | X | LinkedIn | Instagram CONNECT WITH US Website | You Tube | Facebook | X | LinkedIn | Instagram…
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Self Storage Investing
Send us a text Success is not a secret—it's a mindset. In this episode, Scott unpacks the critical mindset shifts and practical strategies that have propelled his self-storage business forward. By emphasizing the importance of hard work over talent, the power of goal setting, and the necessity of surrounding oneself with smart, driven individuals, Scott provides a roadmap for growth. Scott dives into the habits that can transform both personal effectiveness and business operations, ultimately guiding listeners toward achieving their big, hairy, audacious goals (BHAG) and finding fulfillment in their professional endeavors. WHAT TO LISTEN FOR 1:49 Hard Work vs. Talent: The Hustle Mindset 3:11 Mental Attitude 6:31 Fear of Success: Overcoming Subconscious Barriers 9:34 Finding Your Productive Peak Leave a positive rating for this podcast with one click CONNECT WITH US Website | You Tube | Facebook | X | LinkedIn | Instagram Follow so you never miss a NEW episode! Leave us an honest rating and review on Apple or Spotify.…
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Self Storage Investing
Send us a text In this episode Scott discusses the current opportunities in the self-storage market. It’s important to act now rather than sitting on the sidelines, as the market is transitioning and offering many opportunities for buying, selling, and developing. Scott also highlights the importance of mastering underwriting and market analysis skills, building a team, executing swiftly, getting educated and finding a mentor, and giving back. Pay attention to macroeconomics, choose a focus and follow it until success, and consider partnering or investing. WHAT TO LISTEN FOR 1:09 The Resilience and Growth Potential of Self-Storage 3:30 Ownership Landscape and Opportunities for Individual Investors 17:40 The Importance of Underwriting and Market Analysis 26:58 Strategies for Growth and Scaling Leave a positive rating for this podcast with one click CONNECT WITH US Website | You Tube | Facebook | X | LinkedIn | Instagram Follow so you never miss a NEW episode! Leave us an honest rating and review on Apple or Spotify.…
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Self Storage Investing
1 Changes to the Small Business Administration (SBA) Rules 34:18
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Play Later Play Later Lists Like LikedSend us a text These are changes that could impact cashflow. The revisions to the SBA rules make it easier for borrowers to meet the 10% equity requirement for loans, allowing seller debt to count towards the full 10% equity injection. Other changes include the acceptance of Home Equity Line of Credit (HELOC) or cash-out refinance of real property as equity, and the simplification of debt refinance. And a newly implemented rule limits loan terms for partner buyouts to 10 years. WHAT TO LISTEN FOR 5:18 Use of HELOC and Cash-out Refinance for Equity 6:30 Clarification of SBA 7(a) vs. 504 Loans 17:40 SBA’s New 10-year Loan Term Limit 26:21 REITs Management Approval Leave a positive rating for this podcast with one click CONNECT WITH GUEST ANNE MINO Website | LinkedIn | Email CONNECT WITH US Website | You Tube | Facebook | X | LinkedIn | Instagram…
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Self Storage Investing
1 Inside Our Mastermind Events Part III: The Benefits of Membership 27:13
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Play Later Play Later Lists Like LikedSend us a text For the first time, we're opening the doors to our exclusive mastermind events, allowing you to listen in and gain invaluable insights at no cost. Part II was recorded last Fall on another cool morning in Colorado the day after a wicked thunderstorm the night before. This episode features a round table discussion of various topics including the importance of reviewing loan documents, the cognitive clause in loan agreements, and the launch of the new South Storage Mastermind portal. The portal provides access to a member directory, event details, webinar recordings, and other resources. WHAT TO LISTEN FOR 6:12 Customer Retention Strategies 8:33 Underwriting and Risk Assessment 11:12 Innovative Financing and Interest Rates 14:08 Legal Vigilance and Loan Documents Leave a positive rating for this podcast with one click CONNECT WITH US Website | You Tube | Facebook | X | LinkedIn | Instagram Follow so you never miss a NEW episode! Leave us an honest rating and review on Apple or Spotify.…
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Self Storage Investing
1 Inside Our Mastermind Events Part II: Strategic Insights from the Self-Storage Elite 34:46
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Play Later Play Later Lists Like LikedSend us a text For the first time, we're opening the doors to our exclusive mastermind events, allowing you to listen in and gain invaluable insights at no cost. This episode was recorded last Fall on a crisp morning in Colorado. Scott sets the stage for the day which will include the principles of Napoleon Hill's Mastermind converge, offering a unique blend of professional wisdom and personal journeys. Scott shares his journey from AT&T Lucent Technologies to becoming a self-storage mogul, emphasizing the event's focus on community, capital, and deal flow. With a focus on growth, scaling, and a community of rock stars, listeners will get an insider's look at how elite groups within the industry collaborate to achieve greatness. From discussions on the state of the market to personal anecdotes of transformation and success, this episode offers a rare glimpse into the power of collective intelligence and the spirit of competitive giving. WHAT TO LISTEN FOR 2:26 Napoleon Hill’s Mastermind Principles 10:25 Personal and Professional Growth Opportunities 13:07 Community Impact and Social Responsibility 14:08 Networking and Collaborative Ventures Leave a positive rating for this podcast with one click CONNECT WITH US Website | You Tube | Facebook | X | LinkedIn | Instagram Follow so you never miss a NEW episode! Leave us an honest rating and review on Apple or Spotify.…
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Self Storage Investing
1 Inside Our Mastermind Events Part I: Building Legacy and Success 37:21
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Play Later Play Later Lists Like LikedSend us a text The next three episodes are going to be a unique experience. For the first time, we're opening the doors to our exclusive mastermind events, allowing you to listen in and gain invaluable insights at no cost. Part I is a special episode featuring industry titan Rick Gibson, who shares his vast experience in self-storage, including his journey through investing and the impactful lessons he's learned along the way. Nothing beats being at our mastermind events where you can network and ask your questions… but in this episode you'll get an inside look at the discussions that shape success in this industry, from investment strategies to life-changing decisions. WHAT TO LISTEN FOR 2:22 Rick Gibson’s Diverse Portfolio 5:02 The Significance of Relationships in Mastermind Events 14:02 The Concept of “Die with Zero” 27:45 Insights on Self-Storage Unit Mixes and Market Needs Leave a positive rating for this podcast with one click CONNECT WITH US Website | You Tube | Facebook | X | LinkedIn | Instagram Follow so you never miss a NEW episode! Leave us an honest rating and review on Apple or Spotify.…
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Self Storage Investing
1 Unlocking Wealth: The Power of Delaware Statutory Trusts (DSTs) 28:48
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Play Later Play Later Lists Like LikedSend us a text In this episode, Scott is joined by Frank Hanna, a real estate investor and financial advisor, who delves into the intricacies of Delaware Statutory Trusts and their tax advantages. With a background in the restaurant and hospitality industry, Frank transitioned into real estate, amassing a diverse portfolio. Today, he focuses on the specific benefits of Delaware Statutory Trusts, explaining how they serve as a strategic tool for real estate investors. Frank discusses the importance of understanding these trusts, their role in tax efficiency, and how they can enhance an investor's portfolio. He emphasizes the need for thorough research and working with experienced professionals to leverage these trusts effectively. LISTEN FOR 4:05 The Benefits of Delaware Statutory Trusts (DST) in Real Estate Investing 6:35 1031 Exchange Process with DSTs 10:19 Tax Benefits and Investment Options 18:57 The Resilience and Attractiveness of Self-Storage Investments Leave a positive rating for this podcast with one click GUEST: FRANK HANNA Frank B. Hanna Jr, is a leading specialist in estate planning, business succession planning, and wealth management for a select group of individuals, executives, and privately held business owners. CONNECT WITH GUEST FRANK HANNA Website | Facebook | LinkedIn | Instagram CONNECT WITH US Website | You Tube | Facebook | X | LinkedIn | Instagram…
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Self Storage Investing
1 Storage Success Strategies: Insights with Carol Mixon 49:13
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Play Later Play Later Lists Like LikedSend us a text Carol Mixon is a veteran in the self-storage industry. In this episode she discusses the importance of maintaining a strong sales technique and understanding the market when investing in self-storage. She also emphasizes the importance of having a good manager for a storage facility. Mixon believes that the self-storage industry is still a profitable venture, especially in smaller towns where development is ongoing. However, she advises caution and thorough research before investing. WHAT TO LISTEN FOR 2:54 The Rapid Growth and Female Leadership in the 80’s 4:02 Adaptability and Learning on the Job 6:23 The Importance of Persistence and Customer Relationships 8:41 The Changing Perception of Women in Self-Storage Leave a positive rating for this podcast with one click CONNECT WITH CAROL MIXON Website | You Tube | Facebook | X | LinkedIn | Instagram CONNECT WITH US Website | You Tube | Facebook | X | LinkedIn | Instagram Follow so you never miss a NEW episode! Leave us an honest rating and review on Apple or Spotify.…
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1 How to Filter Through New Ideas and Opportunities 53:51
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Play Later Play Later Lists Like LikedSend us a text This episode was first published in November 2021. We have been made to believe that if we want to earn more money, we need to be ready to invest more time into the work. According to Russ Morgan and Joey Mure, that shouldn’t be the case. You can achieve financial freedom ad time freedom at the same time. Joey and Russ are the founders of Wealth Without Wall Street. They will be sharing some nuggets of wisdom around attaining financial freedom and time freedom. Grab your notebook and pen because you need to take notes. WHAT TO LISTEN FOR 13:25 The genesis of Wealth without Wall Street 18:46 How Russ and Joey’s short-term rentals are growing 28:02 Culture index in hiring 39:43 Outstanding stories of people who have managed to achieve financial freedom Leave a positive rating for this podcast with one click CONNECT WITH RUSS AND JOEY Connect with Russ Morgan and Joey Mure: Course: WealthWithoutWallStreet.com/Hustle Podcast: Wealth Without Wall Street podcast Resources Mentioned: Becoming Your Own Banker by R. Nelson N CONNECT WITH US Website | You Tube | Facebook | X | LinkedIn | Instagram Follow so you never miss a NEW episode! Leave us an honest rating and review on Apple or Spotify.…
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Self Storage Investing
Send us a text In this episode, Scott conveys a personal perspective, intertwining his individual and professional aspirations for the year ahead and placing a strong emphasis on the value of relationships and deliberate actions. A significant point of in this episode is the prospective influence of Artificial Intelligence in the self-storage sector. Scott sets an ambitious objective of substituting 15-20% of costs with AI technologies. Amidst economic unpredictability, he maintains a confident outlook on the market, intending to intensify investments in various facilities and ventures. WHAT TO LISTEN FOR 2:19 Adapting to Changes in the Market 5:05 A Strong Investor Pool and Fund Structure 13:10 Embracing Technology and AI in Business 16:18 Optimism for 2024 Leave a positive rating for this podcast with one click CONNECT WITH US Website | You Tube | Facebook | X | LinkedIn | Instagram Follow so you never miss a NEW episode! Leave us an honest rating and review on Apple or Spotify.…
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Send us a text In this episode, we look back at some of our most popular episode from 2023 and their pinnacle moments. These include discussions on the economic cycle, interest rates, and the importance of understanding the real estate microeconomics. Some of our guests share their experiences transitioning from other careers into self-storage investing, emphasizing the importance of due diligence, trusting one's gut, and the potential opportunities in the industry. The episode also covers the importance of having a clear purpose and mission, implementing effective systems and processes, and measuring progress. WHAT TO LISTEN FOR 2:27 Understanding the Real Estate Cycle 4:47 Identifying Signs of a Recession and Opportunities 10:37 Leveraging Opportunities in Different Phases 32:00 Adapting Investment Strategies to Current Market Conditions Leave a positive rating for this podcast with one click CONNECT WITH US Website | You Tube | Facebook | X | LinkedIn | Instagram Follow so you never miss a NEW episode! Leave us an honest rating and review on Apple or Spotify. Attend the Self Storage Academy in Seattle, WA August 21-23 https://selfstorageacademy.com/…
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Self Storage Investing
1 The Future of Self-Storage Investments: Market Trends, Value-Adds, and Financing Innovations 29:11
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Play Later Play Later Lists Like LikedSend us a text With 2024 just around the corner Scott takes the time in this episode to answer some of the most frequent questions he gets. Questions include success stories, how to analyze market trends (and what Scott sees happening in 2024), tax benefits, getting a real understanding of what creative financing really means, and how technology is changing operations. WHAT TO LISTEN FOR 4:09 Success Stories in Tough Markets 11:28 Understanding Value-Add Components in Self-Storage Facilities 13:59 Creative Financing Strategies 22:42 Leveraging Technology to Enhance Operations Leave a positive rating for this podcast with one click CONNECT WITH US Website | You Tube | Facebook | X | LinkedIn | Instagram Follow so you never miss a NEW episode! Leave us an honest rating and review on Apple or Spotify. Attend the Self Storage Academy in Seattle, WA August 21-23 https://selfstorageacademy.com/…
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Self Storage Investing
1 Industrial Real Estate in Focus with Shannon Robnett 33:23
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Play Later Play Later Lists Like LikedSend us a text Shannon Robnett is a real estate investor with a focus on multifamily and industrial properties. In this episode he shares his journey into real estate, starting from a family background in the industry to his current success in syndicating capital. He discusses the importance of understanding market cycles and the fundamentals of real estate investing. Robnett also highlights the potential of industrial real estate, particularly in the context of reshoring and the need for flexible industrial spaces. He emphasizes the importance of prudence and ensuring that a property can stand on its own, rather than relying on future projections. WHAT TO LISTEN FOR 2:09 Why Growing Up in a Real Estate Family Was Important for Shannon 3:17 Shannon’s transformation from Residential to Commercial 4:07 The Evolution of Investment Strategies and Capital Raising 23:26 Market Analysis and Asset Class Evaluation Leave a positive rating for this podcast with one click ABOUT SHANNON ROBNETT With 27 years experience, Shannon is a prominent real estate developer and syndicator in Boise, Idaho. The family legacy runs deeper – spanning five generations of real estate professionals to provide an expertise ingrained in the family’s heritage. The specialization revolves around procuring developmental land and navigating its entitlement. Once the stage is set for construction, the involvement of syndication partners comes into play. CONNECT WITH SHANNON https://shannonrobnett.com/contact-us/ CONNECT WITH US Website | You Tube | Facebook | X | LinkedIn | Instagram Follow so you never miss a NEW episode! Leave us an honest rating and review on Apple or Spotify. Attend the Self Storage Academy in Seattle, WA August 21-23 https://selfstorageacademy.com/…
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Self Storage Investing
1 Infinite Banking Secrets with Mark Hutchinson 37:47
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Play Later Play Later Lists Like LikedSend us a text You might call Mark Hutchinson an active passive investor. He takes pride in using the Infinite Banking Concept (IBC) to build capital. IBC involves using specially constructed dividend-paying whole life insurance as a means of building capital and then borrowing whenever interest would be paid to others. Mark explains the concept is a flexible and self-governed system that allows for investments in a variety of asset classes without restrictions. However, it requires discipline and time to build capital. WHAT TO LISTEN FOR 5:30 The Infinite Banking Concept 11:56 Flexibility and Control in Financial Management 20:24 Strategic Use of Policy Loans for Investments 29:51 Building Liquidity and Tax Advantages Leave a positive rating for this podcast with one click ABOUT MARK HUTCHINSON Mark is a seasoned investor over the last four decades. But the global economic crisis 2008 was the last straw for Mark. Like others, he suffered significant losses an realized the importance of finding strategies that could mitigate or remove market risk. That’s when he connected with the Infinite Banking concept. CONNECT WITH MARK Website | Email CONNECT WITH US Website | You Tube | Facebook | X | LinkedIn | Instagram Follow so you never miss a NEW episode! Leave us an honest rating and review on Apple or Spotify. Attend the Self Storage Academy in Seattle, WA August 21-23 https://selfstorageacademy.com/…
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Self Storage Investing
1 Building Wealth Beyond Words: Rick Gibson’s Self-Storage Investing Playbook 26:00
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Play Later Play Later Lists Like LikedSend us a text Rick Gibson made his living successfully as a lawyer for nearly four decades. But it was a noteworthy book that made the case for him to think about investing. Rich Dad, Poor Dad. That book inspired Rick to leave corporate America and form an investing team with his sons in real estate. Today Gibson's portfolio includes mobile home parks and storage facilities, which he was able to grow and sell to a real estate investment trust. And along the way Rick has come to see the importance of community in the self-storage industry, highlighting the value of Scott’s mastermind group in providing resources and support. WHAT TO LISTEN FOR 4:16 The Role of Family and Legacy in Business 10:30 The Importance of Community and Networking 18:16 Adapting and Thriving Through Economic Cycles 21:16 Leveraging Experience and Collaboration for Success Leave a positive rating for this podcast with one click ABOUT RICK GIBSON Rick was a lawyer by trade in the St Louis area for 37 years. As an investor, his family business owns 80 single family rentals, six mobile home parks and nine storage facilities. He’s also involved in passive investing with another half dozen storage facilities and three different storage funds. CONNECT WITH RICK Email CONNECT WITH US Website | You Tube | Facebook | X | LinkedIn | Instagram Follow so you never miss a NEW episode! Leave us an honest rating and review on Apple or Spotify. Attend the Self Storage Academy in Seattle, WA August 21-23 https://selfstorageacademy.com/…
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Self Storage Investing
1 From the Gridiron to the Storage Unit: Ben Kall's Real Estate Touchdown 43:23
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Play Later Play Later Lists Like LikedSend us a text Ben Kall, a former college football player and coach turned real estate agent and investor shares his journey from coaching to real estate, explaining how he started a property management company and brokerage business before moving into self-storage investment. He discusses the importance of diversifying in multiple asset classes and the challenges of managing other people's money. Kall also talks about the importance of systems and processes in managing a growing portfolio and recommends the book "Who Not How" for those looking to improve their operations. WHAT TO LISTEN FOR 1:35 Calling an Audible. Ben’s From Football to Real Estate Investing 3:29 Ben’s First Foray into Self-Storage Investing Without Prior Experience 9:17 Ben’s Involvement in Different Asset Types 21:03 Adapting to Current Market Conditions Leave a positive rating for this podcast with one click ABOUT BEN KALL Ben is the managing member and co-founder of Legacy Investment Group. Legacy is a real estate investment firm focusing on the acquisition, improvement, and best-in-class management of select self-storage, multifamily, and triple net properties throughout the US Midwest. CONNECT WITH BEN Instagram | MN Storage | Waukee Storage | Legacy Storage | Legacy Investment Group | CONNECT WITH US Website | You Tube | Facebook | X | LinkedIn | Instagram Follow so you never miss a NEW episode! Leave us an honest rating and review on Apple or Spotify. Attend the Self Storage Academy in Seattle, WA August 21-23 https://selfstorageacademy.com/…
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