Self Storage Investing

Send us a textBefore making that educated decision on your next property investment, listen to this episode and learn from Jesse Luke as he dives deeper into the most relevant topics in today’s inflationary market. Get insider tips on how to minimize debt yield, when to refinance and sell, underwrite, and how to drive expenses down, especially in the self-storage market.WHAT TO LISTEN FORWhat does the incremental growth in cap rates look like?How d minimize risks in cap rates?Strategies on how to hedge inflationTechniques to effectively balance the seller-broker-buyer relationshipRESOURCES/LINKS MENTIONEDCapitalization Rate (Cap Rate) https://en.wikipedia.org/wiki/Capitalization_rateNet Operating Income (NOI) https://www.investopedia.com/terms/n/noi.aspABOUT JESSE LUKEJesse specializes in representing buyers and sellers of self-storage investment properties. In 2015, he started EquiCap Commercial, created the Self Storage Advisory Group, and completed numerous transactions, representing private and institutional buyers and sellers in the self-storage marketplace, with an aggregate value of over $120 Million.  Before EquiCap Commercial, he was a licensed sales agent with Hardison & Associates and Marcus & Millichap. He is an Illinois Licensed Salesperson, a member of the Fox Valley Association of Realtors, a Board Member of the Indiana Self Storage Association, and a guest speaker for the self-storage industry.CONNECT WITH JESSEWebsite: EquiCap Commercial https://www.selfstorageopportunities.com/LinkedIn: Jesse Luke https://www.linkedin.com/in/jesse-luke-61ba2a5/Email: Jesse@EquiCapCommercial.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 textJoining us is Joe Evangelisti, an expert in flipping turned self-storage investor. He’ll discuss the advantages of a self-storage business over flipping houses, a syndication model that may be best suited for self-storage, tips for scaling your real estate business, and why self-storage is a resistant asset in recession. Dive in with us and find out how self-storage can be a tool to build wealth!WHAT TO LISTEN FORTeam Building: Single-family vs. commercial real estateWhat is 3x syndication?Tips for growing self-storage businesses from multiple statesHow to prepare yourself from an imminent recessionMarket predictions for 2022 in the self-storage industryRESOURCES/LINKS MENTIONEDWho Not How by Dan Sullivan & Benjamin Hardy | Paperback  https://amzn.to/3M8HyBh & Audiobook https://amzn.to/3Laz7DXABOUT JOE EVANGILISTIOnce known as “The Flip King”, Joe Evangelisti is now the host of The Legacy Blueprint podcast and a leading expert in real estate investing - specifically in the self-storage industry. After experiencing “burnout” from chasing single and multi-family deals, Joe walked away from his wildly successful flipping empire and transitioned to the world of Self-Storage. Today, Joe’s mission is to show others how to tap into the massive opportunities hidden inside the self-storage industry. Opportunities that require far less time, less risk, and exponentially more profits than any industry in real estate. In addition to The Storage Syndicate, Joe also serves as the CEO of three 7 and 8-figure companies. Prior to building his business and real estate empire, Joe served in the military as a Builder in the US Navy Seabees. He holds Letters of Commendation from the US Navy and The White House, a Letter of Appreciation from President Clinton, and numerous service medals. Joe lives with his wife Ashley and their 2 girls in beautiful Haddonfield, New Jersey.CONNECT WITH JOEWebsite: The Storage Syndicate https://storagesyndicate.com/Phone: 856-481-7795Podcast: The Legacy Blueprint https://podcasts.apple.com/us/podcast/the-legacy-blueprint/id959740605CONNECT 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 textToday, CEO of Hearthfire Holdings Sergio Altomare talks about the solid history of high returns on investment, reveals the secrets to scaling your business, and thriving in the real estate market using suitable systems and processes. Take advantage of this once-in-a-lifetime opportunity to expand your business right now!WHAT TO LISTEN FORThe importance of wisely investing in your company's growthHow does assessing business models result in effective exit strategiesProfitable business opportunities based on current market trendsTwo things that can generate massive business returnsRESOURCES/LINKS MENTIONEDWho Not How | Paperback https://amzn.to/3w3r3AW and Kindle https://amzn.to/3L3S23wThe E-Myth Revisited Traction | Paperback https://amzn.to/3yrzUh8 and Kindle https://amzn.to/3yxgp6XABOUT SERGIO ALTOMARESergio Altomare is the CEO and co-founder of Hearthfire Holdings alongside his wife. Sergio began his career working for the U.S. Federal Reserve System and worked his way up the ladder in all facets of technology. He entered real estate as a side business in 2012 and, using his experience and IT skills, scaled Hearthfire Holdings through solid systems, processes, and data analytics. Hearthfire Holdings has built a portfolio of more than $50M in assets under management and syndicated over $12M in assets, returning more than $2M in profit and 25 percent IRR to investors.CONNECT WITH SERGIOWebsite: https://hfirecapital.com/LinkedIn: https://www.linkedin.com/in/sergio-altomare-7823294/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 textSolar installation expert Lucas LaFontaine is enlightening us on the benefits of solar power for businesses, ways to help the installation costs, and the future of self-storage becoming charging stations as the adoption of electric vehicles is becoming more common. Don’t miss this exciting opportunity to learn about solar power and how you can leverage it!WHAT TO LISTEN FORAverage ROI and benefits of a solar power systemWhat programs give people incentives for installing solar?Business opportunities of solar power for self-storage facilitiesHow an electric car charging station could help self-storage business approvalABOUT LUKE LAFONTAINELucas LaFontaine is the Director of Business Development at Infinity Energy which is one of the fastest-growing solar companies in the nation. They specialize in helping businesses capture the sun’s energy to power operations. They install grid-tied and net metering ready systems for early development residential and commercial properties.  CONNECT WITH LUKEWebsite: https://www.infinityenergy.com/Linkedin: https://www.linkedin.com/company/infinity-energy-construction/Facebook: https://www.facebook.com/infinityenergyconstructionCONNECT 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 turnkey solution that can help you integrate your data, CRM, and numbers? Look no further as Ben Klein joins our booth straight from Las Vegas at the Inside Self-Storage (ISS) World Expo to share insights about how you can simplify your commercial business systems and processes. Get an insider look at the best out there and tune in.WHAT TO LISTEN FORYardi Breeze and its value in the commercial real estate marketOther Yardi products, features, and most significant benefits to your commercial businessAn ideal underwriting model to help you structure your capital stackHow a property management software can simplify bookkeeping processesThe value of technology integration in your businessRESOURCES/LINKS MENTIONEDQuickBooks: https://quickbooks.intuit.com/ph/Enterprise Resource Planning (ERP): https://en.wikipedia.org/wiki/Enterprise_resource_planningABOUT BEN KLEINBen Klein is a Sales Team Lea for Self-Storage & Emerging Markets at Yardi. He is passionate about connecting clients and prospects with efficient and streamlined SaaS solutions for the self-storage industry. Also, he has always been presenting solutions professionally and respectfully. Being a trusted advisor while articulating products that will be cost-effective today, he thereby increases the client’s bottom line tomorrow.CONNECT WITH BENWebsite: https://www.yardi.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 textOnce a sector is institutionalized, that creates momentum and change in the market because now you have a different message. Paul Fiorilla talks about the most important demographics, the most sought-after demand trends, the significant focus shift, and the growth swings in the self-storage world. Hear the latest in the industry and listen in.WHAT TO LISTEN FOR Yardi Matrix and its value proposition in the commercial real estate marketSelf-storage: Then and now Leaders in self-storage growth, geographical wiseWhy do specific markets show the most substantial growth?ABOUT PAUL FIORILLA Paul Fiorilla has 25 years of experience as a researcher and writer in the commercial real estate markets. He previously spent six years as a vice president of research at Prudential Real Estate Investors in Madison, N.J., where he oversaw publishing outlooks and thought leadership research. Before that, he covered real estate capital markets and CMBS for 12 years at Commercial Mortgage Alert.CONNECT WITH PAULWebsite: https://www.yardimatrix.com/Research: https://www.yardimatrix.com/PublicationsEmail: paul.fiorilla@yardimatrix.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 textWe had James Reid, who dropped by our booth at the Inside Self-Storage (ISS) World Expo 2022 in Las Vegas. He shares a ton of golden nuggets regarding facilities conversion, getting started in the self-storage space, and the value of giving back. You don’t want to miss this.!WHAT TO LISTEN FORAdvice on how to get started in self-storage and conversionsSteps to promote community and inclusiveness when running development projectsEffective marketing strategies to help blow up the exposure of your facilitiesInitiatives to give back to the communityABOUT JAMES REIDJames serves as the President of StorCo Storage. He is also an avid business investor in storage and has created a company for other like-minded investors to join on projects. He currently owns three locations of climate-controlled facilities in the St. Louis Metro area and Wood River, Illinois. He also has thirteen residential rentals in the St. Louis Metro area. Currently growing the StorCo Storage brand and looking for investors to join him, the goal is to have 500 locations worldwide in the next 25 years.  At StorCo Storage, they get involved locally with different events and local market days. They want to come alongside communities and make a difference in each one.CONNECT WITH JAMESWebsite: https://www.storco.storage/Youtube: https://www.youtube.com/playlist?list=PLyPW7EZ-tsii7PcsFxXjeHQwFNbRHBYP_Facebook: https://www.facebook.com/groups/clubhouseinvestors/Clubhouse: https://www.clubhouse.com/event/PYL8EZ1vCONNECT 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 Podcasts.

Send us a textWhat does it mean to scale or partner with people continuously growing on a more significant level? Live from the Inside Self-Storage (ISS) World Expo 2022 in Las Vegas, Herby Bowman joins us in our booth to briefly talk about Store Space’s journey and success stories. Scalability is the theme, and we got you covered.WHAT TO LISTEN FORNon-traditional ways of structuring dealsStore Space’s value proposition in the marketThe entrepreneurial side of self-storageNext-level play, geography wise The importance of delegation and focusing on one’s strengthsRESOURCES/LINKS MENTIONEDChis Harris https://www.linkedin.com/in/harrisstorespace/Rob Consalvo https://www.linkedin.com/in/rob-consalvo-16a7474/iStorage https://www.istorage.com/ABOUT HERBY BOWMANHerby has been successfully growing brands for decades. In the mid-’90s working with hospitality brands like Days Inn, Howard Johnson, Ramada, and more recently with Choice Hotels’ brands. He has had success in many areas. He has closed well over 100 hotel deals with brands like Comfort Inn & Suites, Days Inn, Sleep Inn, MainStay Suites, and Suburban Extended Stay Hotels and has helped these systems grow into the ubiquitous names they are today. June 2019 brought new challenges in the self-storage sector, promoting Public Storage's newly created Third Party Management Platform. In late 2021, he joined Store Space Self Storage to guide their growth and development efforts.  Since graduating from the University of Tulsa in 1991, he has flourished in brand development and product promotion. Beginning his career at Sysco Foods, he quickly moved into hospitality product sales, working for Guest Supply. While at Guest Supply, he led the charge to build the amenity program for Guest House International. After a stint in Franchise Development with HFS (now Wyndham), the world of pharmaceuticals beckoned. He spent several years promoting brands for Johnson & Johnson, Bayer, and Roche. Before returning to Franchise Development, he earned the coveted “CMR,”  Missing the art of the large deal, he then transitioned back into the realm of Hospitality Franchise Development. Working with Choice Hotels International since late in 2007, I earned six consecutive President’s Club Trophies and was awarded two prestigious “Deal of the Year” awards. Currently, he is Store Space Self Storage’s Vice President of Strategic Partnerships.CONNECT WITH HERBYWebsite: https://www.storespace.com/LinkedIn: https://www.linkedin.com/in/herbebowmanjr/Email: hbowman@storespace.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/

Send us a textDeveloping real estate is a process, whether it’s a hangar, industrial, apartments, or self-storage. Brandon Grebe teaches us a valuable lesson in commercial real estate: being stubborn, taking the long route, and embracing the proper business discipline when doing deals. Be sure to pull out your pen and paper and list everything you want to remember.WHAT TO LISTEN FORBenefits of doing feasibility studies in real estate through a 3rd-party firmFocused asset classes in the commercial space to consider for investmentThe value of managing business with the right expertsCurrent market trends to accommodate more flexibility and the economic cycleThe process of acquiring storage properties and effective exit strategiesRESOURCES/LINKS MENTIONEDFNL Airport https://www.flynoco.com/National Storage Affiliates (NSA) http://www.nationalstorageaffiliates.com/Preferred Regional Operators (PROs) https://www.nationalstorageaffiliates.com/about-nsa/meet-the-pros-and-corporate-brandsInside Self-Storage World Expo | Las Vegas 2022 https://www.issworldexpo.com/en/Home.htmlABOUT BRANDON GREBEBrandon Grebe is the principal partner at GYS Development LLC, which specializes in self-storage acquisitions and development. It co-manages the Blue Sky Self Storage brand and is a Grow Your Storage LLC division, a Texas-based property-management firm. Brandon focuses on expanding the company’s real estate portfolio by finding and acquiring new sites. He’s developed 20 sites in six states in the last six years. CONNECT WITH BRANDONWebsite: https://www.gysdevelopment.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 a 5⭐ rating on Apple Podcasts and write us a review.

Send us a textWould you like to do more with your money than sell and chop up the proceeds to the various government agencies or taxing entities and then reinvest in the difference? We’ve got you covered through a financial tool that can allow you to do several beautiful things as an entrepreneur, an investor, and a business owner. Brett Swarts and Jake Mellor explain more!WHAT TO LISTEN FORWhat is deferred sales trust and how to take advantage of it?1031 tax-deferred exchange vs. deferred sales trust (DST)Guide questions to understand Deferral, Deduction, Exemption (DDE)Pros and cons of using 1031 and DSTRequirements to establish a 1031 or a DSTRESOURCES/LINKS MENTIONED1031 Exchange: https://www.investopedia.com/financial-edge/0110/10-things-to-know-about-1031-exchanges.aspx Marcus and Millichap: https://www.marcusmillichap.com/Cheesecake Factory: https://www.thecheesecakefactory.com/Kevin Harrington: https://en.wikipedia.org/wiki/Kevin_Harrington_(entrepreneur)Seasons of Life by Jim Rohn: https://amzn.to/3O5Xiq1The Innovator’s Dilemma by Clayton M. Christensen: https://amzn.to/3LQIiKKThe Innovator’s Solution by Clayton M. Christensen: https://amzn.to/3uxCsInABOUT BRETT SWARTS AND JAKE MELLORBrett is a Deferred Sales Trust™ Trustee, DST expert, capital gains tax deferral expert, investment real estate expert, multifamily broker, and the founder of Capital Gains Tax Solutions. He created ‘Capital Gains Tax Solutions’ to equip high-net-worth individuals and their trusted advisors with the Deferred Sales Trust™ tool to help them solve capital gains tax deferral limitations. Jake Mellor is the CEO/Founder and Principal Broker of the Strategic Wealth Solutions, Strategic Tax Solutions, Strategic Insurance Solutions, and A+ Farms. An MBA, Master of Accountancy, is a CPA Candidate and has been advising clients as a Certified Financial Planner Practitioner since 2012.CONNECT WITH BRETT & JAKEWebsites: https://www.strategic-taxsolutions.com/; https://capitalgainstaxsolutions.com/ Phone Number: 1800-773-1848YT: https://www.youtube.com/channel/UCAykQNmIWZ0KARBeVWcQxUAIG: https://www.instagram.com/brett_swarts/FB: https://www.facebook.com/capitalgainstaxsolutions/LI: https://www.linkedin.com/company/capitalgainstaxsolutionsBook: Building a Tax-Deferred Exit Strategy: https://amzn.to/3uAo6HhCONNECT WITH USWebsite: https://www.selfstorageinvesting.com/FB: https://www.facebook.com/selfstorageinvestingTwitter: https://twitter.com/SelfStorageGuyLI: https://www.linkedin.com/in/scottameyers/YT: https://www.youtube.com/user/SelfS