Introduction | 2min snip from The Wealth Without Wall Street Podcast

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How Deals Are Made in Self Storage With Scott Meyers

The Wealth Without Wall Street Podcast

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Introduction

Joey: My first passive income idea was to own a self-storage facility. He says his mom would have lived rent free for the rest of her life if she had run it. Joey's today's topic gets him so excited for many reasons, he says.

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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

About Our Guest:

Scott Meyers is the founder and CEO of SelfStorageInvesting.com (Self-Storage Profits, Inc.), a leading self-storage education company that offers courses, live events, and mentoring/coaching. He has acquired, sold, developed, and converted over 40 facilities totaling over 25,000 units and over 4 million square feet of storage. Scott is also a Forbes Real Estate Council Member, speaker for ISS (Inside Self Storage), the SSA (National Self Storage Association), and the host of The Self Storage Podcast.

Connect with Scott Meyers: