Self Storage Investing

By: Scott Meyers Stories and Strategies
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  • Summary

  • This is the Self Storage Investing podcast, where we share the knowledge and skills from the industry’s leading investors, developers, and operators to help you launch and grow your self-storage investing business.

    What made them a success? Built their wealth? What was their mindset and mentality as they entered the space and found room for business growth?

    Led by podcast host Scott Meyers, the ORIGINAL SELF STORAGE EXPERT, we have a track record spanning two decades having successfully acquired, converted, developed, and syndicated over 4 1/2 million square feet of self-storage properties nationwide. Discover the secrets to building wealth and creating a thriving business mindset through our insightful episodes with leading experts. We delve into topics such as navigating recessions and market crashes, as well as the lucrative world of real estate investing through self storage.

    Join us as we explore strategies, tactics and insider tips that will propel your self storage investing journey toward prosperity. Get ready to unlock the potential of this lucrative (recession-proof) industry and embark on a path to financial freedom.

    © 2024 Self Storage Investing
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Economics Leadership Personal Finance Personal Success
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Episodes
  • Burnout and Breakthroughs: How Self-Storage Saved Us

    Burnout and Breakthroughs: How Self-Storage Saved Us
    Nov 18 2024

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    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

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    GUEST: CHRISTINA MEYERS
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    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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    33 mins
  • Deeper Into the Banker’s Mindset (Part II)

    Deeper Into the Banker’s Mindset (Part II)
    Nov 11 2024

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    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

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    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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    32 mins
  • Understanding the Banker’s Mindset (Part I)

    Understanding the Banker’s Mindset (Part I)
    Nov 4 2024

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    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.
    Show more Show less
    42 mins

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