Self Storage Investing

Send us a textJoin us for an episode featuring Carl Touhey and Jason Allen, where we discuss a specific real estate investment type that has proven to perform well during economic downturns. We delve into the distinctive features that make it resilient during recessions, share excellent tips for underwriting, and explore the potential it has that’s available for you. Tune in!WHAT TO LISTEN FORWhat could happen in the next phase of the economic cycle The truth behind the prices of properties listed on the market todayOpinions on the current state of the economy and the future of interest ratesUnderwriting tips and lessons learned in the self-storage industry Greatest opportunities for self-storage investors to grab and capitalizeRESOURCES/LINKS MENTIONEDResolution Trust Corporation: https://www.federalregister.gov/agencies/resolution-trust-corporation Self Storage Association: https://www.selfstorage.org/ Ep127: 7 Things Self-Storage Investors Must Do to Prepare for the Recession - Part 1: https://podcasts.apple.com/us/podcast/ep127-7-things-self-storage-investors-must-do-to-prepare/id1507427005?i=1000611406431 Ep128: 7 Things Self-Storage Investors Must Do to Prepare for the Recession - Part 2: https://podcasts.apple.com/us/podcast/ep128-7-things-self-storage-investors-must-do-to-prepare/id1507427005?i=1000612288875 ABOUT CARL TOUHEY AND JASON ALLENCarl Touhey and Jason Allen are the co-founders of Performance Self Storage Group Inc. Carl, who began his real estate career in 1986 selling investment real estate, ventured into self-storage in 1992, acquiring five facilities over two years. Known for his expertise in turning around "problem" properties, Carl has brokered over $1 billion in storage assets and is recognized as one of the industry's top sales and acquisitions specialists. Jason, who started his real estate career in 1997, developed an extensive database of self-storage properties while working with Carl and has specialized in self-storage brokerage, investment, syndication, management, and marketing. With over $1 billion in successful self-storage transactions under his belt, Jason is also recognized as an expert in the field.CONNECT WITH CARL AND JASONWebsite:  https://www.performanceselfstoragegroup.com/ LinkedIn: Carl Touhey: https://www.linkedin.com/in/carl-touhey-19384b/ | Jason Allen: https://www.linkedin.com/in/jay-allen-446a238/ CONNECT WITH USWebsite: https://www.selfstorageinvesting.com/Facebook: https://www.facebook.com/selfstorageinvestingTwitter: https://twitter.com/SelfStorageGuyLinkedIn: https://www.linkedin.com/in/scottameyers/Youtube: https://www.youtube.com/user/SelfStorageInvestingInstagram: https://www.instagram.com/self_storage_investing/

Send us a textToday's episode is the second and last part of our series on recession-proofing your self-storage investments. In this installment, we'll cover the basics for an economic downturn and provide valuable tips to achieve your goals. Discover the top actions to keep your finances strong and be well-prepared to weather the storm of an impending recession.WHAT TO LISTEN FORVarious ways to generate cash for your business's futureWhy you should stress test your assets and entire portfolioThe importance of rightsizing your business Urgent advice for your long-term cash-flowing properties How to avoid mistakes during a recession and ensure your business’ survivalRESOURCES/LINKS MENTIONEDQuickBooks®  Online: https://quickbooks.intuit.com/online/#Conference & Trade Show: https://www.selfstorageevents.org/ CONNECT WITH USWebsite: https://www.selfstorageinvesting.com/Facebook: https://www.facebook.com/selfstorageinvestingTwitter: https://twitter.com/SelfStorageGuyLinkedIn: https://www.linkedin.com/in/scottameyers/Youtube: https://www.youtube.com/user/SelfStorageInvestingInstagram: https://www.instagram.com/self_storage_investing/Subscribe so you never miss a NEW episode! Leave us an honest rating and review on Apple Podcast.

Send us a textBefore the recession hits, it's crucial to evaluate your portfolio. Today's episode is the first of a 2-part series about recession-proofing your self-storage investments. Listen in to be thoroughly equipped for an economic downturn and become more assertive on the other side!WHAT TO LISTEN FORThe 4 phases of the real estate cycle and their characteristicsFactors that help us understand where the RE market is currentlyHow the current economic climate may affect the self-storage industrySelf-storage industry growth, trends, and opportunities for investorsEssential steps that will help you prepare for a recession RESOURCES/LINKS MENTIONEDREIT.com https://www.reit.com/ U-Haul  https://www.uhaul.com/CONNECT WITH USWebsite: https://www.selfstorageinvesting.com/Facebook: https://www.facebook.com/selfstorageinvestingTwitter: https://twitter.com/SelfStorageGuyLinkedIn: https://www.linkedin.com/in/scottameyers/Youtube: https://www.youtube.com/user/SelfStorageInvestingInstagram: https://www.instagram.com/self_storage_investing/Subscribe so you never miss a NEW episode! Leave us an honest rating and review on Apple Podcast.

Send us a textIn today's episode, Jeremiah Boucher delves into the evolving landscape of commercial real estate, providing valuable insights to assist investors in stabilizing their portfolios. We'll also talk about the importance of being well-informed and adaptable to changes in the industry, so tune in to position yourself for success in this dynamic industry.WHAT TO LISTEN FORThe economic climate and how it's affecting underwriting in the RE industryWhy you should balance capital preferences when investing in real estateMajor drivers of real estate that you can benefit from long-termChallenges and opportunities in the self-storage industryHow storage providers can benefit from a growing market of small businesses and individualsABOUT JEREMIAH BOUCHERJeremiah is a value investor specializing in acquiring and developing alternative commercial real estate assets. He learned the real estate business from the ground up and currently owns and operates a $200M-plus portfolio of high-performing commercial properties. He has had a hand in retail, office, industrial, multi-family, single-family, and all facets of commercial real estate, which is how he concluded that alternative commercial real estate assets are the highest-performing, risk-averse investments. He has built his private equity and real estate management and development company, Patriot Holdings.CONNECT WITH JEREMIAHWebsite: Jeremiah Boucher: https://jeremiahboucher.com/, and Patriot Holdings: https://www.patriotholdings.com/ LinkedIn: Jeremiah Boucher: https://www.linkedin.com/in/jeremiah-boucher/CONNECT WITH USWebsite: https://www.selfstorageinvesting.com/Facebook: https://www.facebook.com/selfstorageinvestingTwitter: https://twitter.com/SelfStorageGuyLinkedIn: https://www.linkedin.com/in/scottameyers/Youtube: https://www.youtube.com/user/SelfStorageInvestingInstagram: https://www.instagram.com/self_storage_investing/Subscribe so you never miss a NEW episode! Leave us an honest rating and review on Apple Podcast.

Send us a textIn this episode, Jessica Johnson emphasizes the significance of attending industry shows and keeping up-to-date with the latest trends to stay ahead in the self-storage sector. Her valuable insights and advice provide practical ways to enhance your professional skills and navigate the evolving landscape of this industry. Tune in to gain essential knowledge and stay ahead of the curve.WHAT TO LISTEN FORImportance of attending self-storage trade shows and which to attendInside Self-Storage vs. Self-Storage Association: A comparison of events and educational offersBusiness advantages of attending a self-storage trade showHow the Storage Business Owners Alliance started and its significance to investor successChallenges in entering any industry and helpful advice to overcome themRESOURCES/LINKS MENTIONEDSelf Storage Association: https://www.selfstorage.org/Self Storage Association | National Spring Conference: https://www.selfstorage.org/Events-Education/Events/National-Spring-ConferenceNational Fall Conference: https://www.selfstorage.org/Events-Education/Events/National-Fall-ConferenceISS World Expo: https://www.issworldexpo.com/en/Home.htmlYoung Leaders Group: https://www.selfstorage.org/Membership-JOIN/Young-Leaders-GroupGoogle Business Profile: https://www.google.com/business/ABOUT JESSICA JOHNSONJessica is the operations director of the Business Owners Alliance and the Vice President of the Storage Business Owners Alliance. With 20 years of experience, her skillset has developed to include operational and financial acumen, growth and profitability of organizations, event management, and competitive market research and analysis. Jessica is a self-managed individual who thrives in both team and fast-paced environments. She has done project-based work or worked directly for large organizations such as Smoothie King, StretchLab, Venus Fashion, Global Franchise Group, Papa Murphy’s Pizza, Walmart, and MaggieMoo’s Ice Cream. Jessica has a Bachelor of Arts degree in Business Administration and aspires one day to earn her Master of Business Administration. Jessica lives in Jacksonville, FL, with her family.CONNECT WITH JESSICAWebsite: Storage Business Owners Alliance: https://thesboa.com/LinkedIn: Jessica Johnson: https://www.linkedin.com/in/jessica-johnson-6b2b14199/CONNECT WITH USWebsite: https://www.selfstorageinvesting.com/Facebook: https://www.facebook.com/selfstorageinvestingTwitter: https://twitter.com/SelfStorageGuyLinkedIn: https://www.linkedin.com/in/scottameyers/Youtube: https://www.youtube.com/user/SelfStorageInvestingInstagram: https://www.instagram.com/self_storage_investing/Subscribe so you never miss a NEW episode! Leave us an honest rating and review on Apple Podcast.

Send us a textThere’s no other industry as profitable as banking. So, we invited Sarry Ibrahim to share how banks operate and ways you can start thinking like one! We’ll also discuss Infinite Banking and the benefits of a whole life insurance policy. Watch until the end of this episode to find out more!WHAT TO LISTEN FORHow to make the most of the money borrowed from your life insurance policyMain reasons people don’t leverage The Infinite Banking ConceptBenefits of using whole life insurance policies as a fund source for RE investmentsTop tips to ensure that your whole life insurance is set up to meet your goalsOne of the biggest challenges of entrepreneurshipRESOURCES/LINKS MENTIONEDWho Not How by Dan Sullivan and Benjamin Hardy | Paperback: https://amzn.to/40o88xs, Kindle: https://amzn.to/3ngN9Oa, and Hardcover: https://amzn.to/3TKlul7ABOUT SARRY IBRAHIMSarry founded Financial Asset Protection after learning about the Infinite Banking Concept. He saw this as an opportunity to save retirement accounts, real estate properties, and businesses from market failures and other risks. Sarry believes the number 1 rule to your money is ensuring it lives somewhere safe and accessible. As Sarry states, when working with clients, “it is never an either/or situation; it is a both/and situation. We want you to integrate the solutions we recommend alongside your business and real estate portfolio to have a double-compounding effect on your money.” Sarry earned his MBA from Keller Graduate School of Management in Chicago, IL, and has consulted companies like Blue Cross Blue Shield, Allstate Insurance, Humana, and Cigna Healthspring.CONNECT WITH SARRYWebsite: Thinking Like A Bank: https://thinkinglikeabank.com/Podcast: Thinking Like a Bank | Apple Podcast: https://podcasts.apple.com/us/podcast/thinking-like-a-bank/id1555903014, and Spotify: https://open.spotify.com/show/6m5XsxjlDzXw9T9nbWU5wjCONNECT WITH USWebsite: https://www.selfstorageinvesting.com/Facebook: https://www.facebook.com/selfstorageinvestingTwitter: https://twitter.com/SelfStorageGuyLinkedIn: https://www.linkedin.com/in/scottameyers/Youtube: https://www.youtube.com/user/SelfStorageInvestingInstagram: https://www.instagram.com/self_storage_investing/Subscribe so you never miss a NEW episode! Leave us an honest rating and review on Apple Podcast.

Send us a textThis week's episode features Bob Diamond talking about the education piece of the real estate business and the things that make it crucial for new investors to find the right mentor.  So, whether you're a pro or new to this business and looking for more opportunities, this is a must-listen conversation. WHAT TO LISTEN FOR2 major statistics in real estate you should look at before acquiring propertiesWhy your intention, passion, and commitment matter when seeking foundation  A powerful piece of advice to assess an educator or a mentor’s personalityHow to identify if a coach or mentor is the perfect fit for you and the kind of investor you areThe value of getting yourself educated in making smart investment decisionsRESOURCES/LINKS MENTIONEDRaising an Entrepreneur by Margot Machol Bisnow https://www.amazon.com/Margot-Machol-Bisnow/ Youtube Link: Tom Vu https://www.youtube.com/watch?v=kzsSpDyBc_4BiggerPockets https://www.biggerpockets.com/ABOUT BOB DIAMONDBob Diamond is a practicing real estate attorney and investor with decades of experience in real estate law, investment, and development. He is the author of three books on Real Estate Investing. He became a Pennsylvania-licensed attorney in 1993. During his career outside of real estate and law, Bob worked for Meridian Mortgage in their default and REO department, for Arthur Anderson and Coopers & Lybrand as a business consultant, and for the international law firm Cozen O'Connor, as a Real Estate Attorney. Bob has been investing in Real Estate for over 23 years and has participated as the buyer, seller, or attorney in over one hundred million dollars in real estate transactions over the past 23 years. Bob has been teaching Real Estate Investing since 1999, so you have probably heard of him in the investor world, where he is known as the 'guru's guru.' Because of his legal expertise and experience as a Real Estate Attorney, Bob is sought after for his advice and counsel. Bob has a unique money-maker concept that fits perfectly with Real Estate Investing and that anybody can do. You don't need a lot of cash and never have to borrow a penny to do the business. Yet you can make loads of cash profit.CONNECT WITH BOBLinkedIn: Bob Diamond https://www.linkedin.com/in/bob-diamond-86489a/CONNECT WITH USWebsite: https://www.selfstorageinvesting.com/Facebook: https://www.facebook.com/selfstorageinvestingTwitter: https://twitter.com/SelfStorageGuyLinkedIn: https://www.linkedin.com/in/scottameyers/Youtube: https://www.youtube.com/user/SelfStorageInvestingInstagram: https://www.instagram.com/self_storage_investing/Subscribe so you never miss a NEW episode! Leave us an honest rating and review on Apple Podcast.

Send us a textDo you want to know how to find the best deals in the perfect market? Hop in today’s conversation with Randy Smith as we talk about passive investing in real estate. Listen in to learn excellent strategies to gain financial success in different asset classes and achieve a thriving result in your investments.WHAT TO LISTEN FORThe top factor to check before investing in a deal with an operatorWhich asset classes present a solid passive income opportunity?An essential question you should ask an operator as investorsThe importance of effective communication with sponsorsProven tips for investors in today’s real estate marketRESOURCE/LINK MENTIONEDExtreme Ownership by Jocko Willink and Leif Babin https://amzn.to/3ZwlhDJABOUT RANDY SMITHRandy is the Founder of Impact Equity, which was formed to help investors achieve strong results in their passive real estate investing strategies. His main responsibilities include introducing and assisting investors with investment opportunities offered by various real estate investment firms.  Randy started his real estate investing career doing out-of-state, single-family, long-term rentals, and he quickly realized the many additional benefits he could receive by switching his strategy to passively investing in multifamily syndications. He has now invested in 20 passive investments with 9 different operators, giving him the unique knowledge and expertise to recognize a strong passive opportunity. CONNECT WITH RANDYWebsite: Impact Equity LLC https://www.impactequity.net/LinkedIn: Randy Smith https://www.linkedin.com/in/randallmsmith/CONNECT WITH USWebsite: https://www.selfstorageinvesting.com/Facebook: https://www.facebook.com/selfstorageinvestingTwitter: https://twitter.com/SelfStorageGuyLinkedIn: https://www.linkedin.com/in/scottameyers/Youtube: https://www.youtube.com/user/SelfStorageInvestingInstagram: https://www.instagram.com/self_storage_investing/Subscribe so you never miss a NEW episode! Leave us an honest rating and review on Apple Podcast.

Send us a textPut yourself in the best position to scale your business with Levi Brackman as he discusses his expertise in securities law, the latest trend, and strategies in real estate syndication, plus ways to raise unlimited capital as an operator. Keep listening to drive success, create passive long-term wealth, and syndicate like a pro today!WHAT TO LISTEN FORThe difference between 506(b) and 506(c) offeringAdvantages of having an investing portal when raising capitalReasons you need to diversify your portfolio and investor baseImportant things you should be mindful of as an operatorWhy should you limit the use of IRR as an investment toolBusiness blind spots investors should be aware of in this marketABOUT LEVI BRACKMANLevi Brackman is the CEO and founder of Invown, a home financing and investment startup. Four years in corporate America with positions spanning from independent contributor to an executive leading managers of teams.  A business-savvy executive and an innovative outside-the-box strategic thinker and complex problem solver with a unique and proven ability to lead and work across an organization, as well as with outside partners, to get things done, drive revenue and delight the customer. He built a world-class and highly scalable data science/AI capability at a mid-size publicly traded company. He authors close to one thousand articles and several books and is the lead author of the bestselling book “Jewish Wisdom for Business Success,” published by AMACOM, published in eight languages.CONNECT WITH LEVIWebsite: Invown https://www.invown.com/LinkedIn: Levi Brackman https://www.linkedin.com/in/levibrackman/Twitter: Levi Brackman https://twitter.com/LeviBrackmanEmail: levi@invown.comCONNECT WITH USWebsite: https://www.selfstorageinvesting.com/Facebook: https://www.facebook.com/selfstorageinvestingTwitter: https://twitter.com/SelfStorageGuyLinkedIn: https://www.linkedin.com/in/scottameyers/Youtube: https://www.youtube.com/user/SelfStorageInvestingInstagram: https://www.instagram.com/self_storage_investing/Subscribe so you never miss a NEW episode! Leave us an honest rating and review on Apple Podcast.

Send us a textAre you looking for a way to optimize your finances? Break down the complexity of the Infinity Banking Concept and create your own tax-advantaged, recession-resistant business strategy in today’s episode with Madhavi Jain. Stay tuned and gain new perspectives on creating passive income!WHAT TO LISTEN FORThe value of sharing your successes and failures with othersInfinity Banking Concept: What it is and how it worksImportance of continuous learning in businessAdvantages of applying the Infinity Banking Concept in real estateWhy you should put your money in life insurance instead of bank savingsRESOURCES/LINKS MENTIONEDIf you want to learn more about the Infinity Banking Concept, go to https://bit.ly/thinkwinwin and get a free copy of Heads I Win, Tails You Lose by Patrick H. Donohoe.ABOUT MADHAVI JAINMadhavi is the president of Think Outside the Stocks and has over 16 years of experience in the IT industry, mostly with one of the top 5 consulting firms. Her excellent analytical skills, mathematics background, project management experience, and out-of-the-box thinking lays a solid foundation for evaluating and reviewing investment opportunities based on tangible parameters. She encourages sharing of investment knowledge within the community, so we don’t end up making the same mistakes and take advantage of each other’s rich experiences. She wants to make a difference by bringing solid investment education to women and encouraging them to take a leap into the investment journey for their financial independence. She believes in living a life of choices to focus on true passion and purpose, not based on reasons of financial responsibilities.CONNECT WITH MADHAVIWebsite: Think Outside The Stocks https://thinkoutsidethestocks.com/LinkedIn: Madhavi Jain  https://www.linkedin.com/in/madhavijCONNECT WITH USWebsite: https://www.selfstorageinvesting.com/Facebook: https://www.facebook.com/selfstorageinvestingTwitter: https://twitter.com/SelfStorageGuyLinkedIn: https://www.linkedin.com/in/scottameyers/Youtube: https://www.youtube.com/user/SelfStorageInvestingInstagram: https://www.instagram.com/self_storage_investing/Subscribe so you never miss a NEW episode! Leave us an honest rating and review on Apple Podcast.