AIJ122: The Transition from Multifamily to Over 2.2M SqFt of Self Storage - with Scott Meyers

The Lead Sponsor - Real Estate Investing Through Syndications and Funds

English - October 08, 2021 06:00 - 34 minutes - 23.9 MB - ★★★★★ - 55 ratings
Investing Business Entrepreneurship david robinson real estate investing apartment investing multifamily investing apartment syndication multi-family syndication cashflow investing multifamily apartments Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed

Previous Episode: AIJ121: How Art Can Make Your Deal More Profitable - with Martha Weidmann

Next Episode: AIJ123: Working for A Multifamily Investing Firm to Starting Your Own - with Max Gonzales

Scott Meyers and his affiliated companies focus on the acquisition, development, and syndicating of self-storage facilities nationwide. He currently owns and operates over 2.2 million square feet and over 13,000 units nationwide. His education organization, SelfStorageInvesting.com, provides courses, tools, live events, and mentoring to help others launch their own self-storage business to enjoy a lifestyle as his saying goes, “free from tenants, toilets, and trash!”. His various companies are also very mission-focused and funded the construction of 12 houses in Mexico and the Dominican Republic by taking his staff, partners, and other associates on their all-expense-paid short-term mission trips.

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WE DISCUSS:

How he started in real estate and eventually in the self-storage business.When and how he transitioned to pursue real estate full-time.The effect of recession on their business.The challenges faced by his multifamily and single-family businesses during the tech bubble time.What his current focus is.His insights for the future of the self-storage business.What someone needs to have if they want to make a shift in their real estate business.The challenge is in matching their deals with the number of investors.His biggest mistake.His biggest win.His best advice for someone just starting.

KEY QUOTE:
“When people downsize, when businesses downsize, they need storage. We’re in the trauma and transition business.”

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https://selfstorageinvesting.com
https://passivestorageinvesting.com/
https://thestoragemastermind.com/

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