• Broker-Dealer Rules Every Self-Storage Operator Should Know
    Oct 28 2024

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    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

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    CONNECT WITH GUEST: Byron Elliott, Esq. (Managing/Founding Partner Attorney)
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    42 mins
  • Preparing for Self Storage Growth in 2025 – Part Two
    Oct 21 2024

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    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

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    24 mins
  • Preparing for Self Storage Growth in 2025 – Part One
    Oct 14 2024

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    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?

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    26 mins
  • 10 Steps for Hosting a Standout Self Storage Investor Meetup
    Oct 7 2024

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    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

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    37 mins
  • REPLAY – Building Self Storage Wealth
    Sep 30 2024

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    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
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    34 mins
  • Gorging Yourself at the Self-Storage Buffet
    Sep 23 2024

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    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
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    32 mins
  • Location, Location, Location: Self-Storage Site Selection
    Sep 16 2024

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    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

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    32 mins
  • Your Self-Storage Investment is a Business… Not a Hobby
    Sep 9 2024

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    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

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    23 mins