CRS266 Scott Meyers: Self Storage Syndications and Developments

Scott is absolutely amazing, I would follow this man to the promised land. Today we dove into all aspects of self storage syndicating and I think you guys are in for a real treat!

We covered the following:

• Single Family doesn't have economies of scale

• Multifamily has Tenants and Toilets

• Forcing Appreciation

• Self Storage was the most feasible choice

• Hedge against rental defaults by selling the stuff inside the storage units

• Less repairs and maintenance

• Adding Square Footage

• Self Storage Development

• Retail/ Industrial to Storage Conversions

• Why Self Storage over other asset classes

• It's called the trauma and transition business

• The longest running content creators get the greatest traction

• Value Add plays in self storage

• Adding (30) additional income streams 

• Market Selection and feasibility studies

• Delays are the costliest part of construction

• Lost opportunity cost

• Identifying city appetite for projects and seeking roadblocks before hand

• Considering how to build as fast as possible

• Using Fund Structures

• Capitalizing on depreciation

• Sources of capital and partnership structures

• Writing for Forbes

• Raising Capital Philosophies

• Fund Administration

• Being an Educator with an Academy

• High Level Masterminds

Find Scott at https://selfstorageinvesting.com/

Get all your syndication and capital raising marketing at pitchdecks.com 

If you would like to find out more about Family Office Capital Raising events you can visit lnkd.in/gD6mJ5gp

Book a call with Ruben at calendly.com/rlgreth