178: Why Invest in Self-Storage?

Dive into the dynamic world of real estate with the latest episode of the Real Estate Runway Podcast, where we unpack the intricacies of cash flow, property management, and the lucrative niche of self-storage investments. Join our host and real estate aficionado, Chad, as he engages with Travis Balcom, the seasoned founder and CEO of Balcomy Capital, in a riveting discussion that reveals the stark differences between managing a portfolio of over 400 houses and the strategic shift to self-storage spaces. This episode is a treasure trove of insights for investors looking to navigate the complexities of commercial real estate, offering valuable lessons on growth, risk management, and the importance of building relationships. Whether you're a seasoned investor or just starting, this episode is a must-listen for anyone interested in maximizing wealth and amplifying life through alternative investment strategies in the real estate market.

00:00 Introduction and Paying It Forward

05:49 Travis Baucom's Background in Real Estate

07:43 Transition from Single-Family Homes to Self Storage

09:28 Advantages of Self Storage as an Asset Class

14:16 Factors to Consider in Self Storage Investments

22:03 How to Evaluate Self Storage Deals

27:43 Acquiring and Developing Self Storage Facilities

32:52 Key Considerations in Self Storage Underwriting

38:46 Travis Baucom's Superpower and Biggest Failure

42:02 Shameless Plug and Book Recommendation

44:10 Philanthropy and Giving Back

44:11 Supporting Education and STEM

44:41 The Impact of Investing in Kids

44:57 The Importance of Investing in Young Kids

45:19 Future Market Trends and the Fed

45:30 Closing Remarks

Connect with Travis!

https://balcomiecapital.com/

Learn more about ALTERNATIVE BUSINESS and INVESTMENT STRATEGIES through QUATTRO CAPITAL!

LinkedIn: /TeamQuattroCapital

Instagram: @TeamQuattroCapital

Facebook: @TeamQuattroCapital

Website: www.TheQuattroWay.com

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