The Do More Podcast
Mike Moreno - Dentist with a Multimillion Dollar Self Storage Portfolio
Feb 12, 2024
Mike Moreno, a dentist with a multimillion dollar self storage portfolio, shares his journey from fixing and flipping houses to investing in storage units. He emphasizes the importance of networking, underwriting deals, and investing out of state. He also discusses the management strategies for self storage portfolios and the importance of cash flow and stabilized assets. Additionally, he highlights the selection of markets for investing in storage facilities and the significance of recognizing individual strengths within partnerships.
49:15
Episode guests
AI Summary
AI Chapters
Episode notes
Podcast summary created with Snipd AI
Quick takeaways
- Networking and building relationships is crucial for success in the real estate industry.
- Transitioning from remote management to in-house management improves customer service and control.
Deep dives
Summary of the Podcast Episode
In this podcast episode, the speaker discusses his journey from being a dentist to investing in real estate, particularly self-storage units. He shares how he started with fix and flips and gradually transitioned into buying and holding properties. The speaker emphasizes the importance of networking and surrounding oneself with like-minded individuals to learn and grow in the real estate industry. He also highlights the shift from remote management and third-party management to in-house management for better customer service and control. The speaker concludes by expressing his focus on acquiring stabilized cash-flowing assets and building a strong portfolio.
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
