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Real Estate Investing School Podcast

205. Scaling Big Storage Ventures with Ben Gottfredson

Oct 28, 2024
58:03

Welcome back to the Real Estate Investing School Podcast. Today we have Ben Gottfredson, the visionary behind Big Ben's Moving and Storage, and Big Storage Ventures, on our show. Ben and Joe enjoy a great discussion where Ben shares his journey in real estate investing and the importance of focusing on commercial real estate, specifically storage units.

Ben started his real estate investing career with a house hack, renting out a house to multiple tenants, as he was traveling back and forth between Northern and Southern Utah running his successful moving company, Big Ben's. While running his moving business, Ben saw the potential for higher returns in storage facilities and immediately shifted his focus to the higher real estate class.

Ben emphasizes the need to treat real estate investing as a business and build systems to scale. He also discusses the value of partnerships and leveraging other people's expertise and resources. Ben encourages listeners to have an abundance mindset and be open to learning and growing in their chosen niche, as he has.

Ben and Joe discuss the importance of resilience and perseverance in real estate investing. They emphasize that success in real estate is not a get-rich-quick scheme and that it takes time to see significant returns. They also discuss the setbacks and challenges that investors may face, such as dealing with unexpected issues, backstabbing employees, and lawsuits. Ben and Joe conclude the show by highlighting the importance of developing stress tolerance, the ability to stay calm and focused in the face of adversity, and the value of finding good deals and building a strong team.

If you're wanting to make a splash in real estate, book a free one on one strategy call with one of our experienced real estate coaches with the link below to see how we can help you!

Book a free real estate investing strategy call! No experience necessary.

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