Self Storage Investing

Send us a textThis is a Replay of an episode first published in July 2024. Ever wondered how to turn a sleepy self-storage facility into a bustling profit powerhouse? Unlock the hidden potential of self-storage with the expert insights from Peter Smyth on the Self-Storage Podcast. Scott and Peter explore the nuances of tailoring management strategies to individual needs, enhancing customer experience, and sustaining growth in a challenging economic landscape. Peter discusses the competitive edge and strategic advantages of white-label storage management, emphasizing how to transform overlooked or mismanaged facilities into profitable ventures. Through real-world case studies, he illustrates the importance of leveraging technology, effective revenue management, and customized services to optimize operations. WHAT TO LISTEN FOR00:58 - Creating a White Label Self-Storage Brand10:48 - Revenue Management and Cost Reduction Strategies15:17 - Logical Pricing Parameters19:15 - Balancing Quality and Cost Reduction Leave a positive rating for this podcast with one click GUEST: PETER SMYTHPeter’s LinkedIn | White Label Storage LinkedIn | X | Facebook |Website | Email | CONNECT WITH USWebsite | You Tube | Facebook | X | LinkedIn | Instagram

Send us a textIs now really the best time to invest in self storage — or are you missing the wave while waiting on the sidelines? Scott Meyers makes a bold case for why the current market climate may be the most promising we've seen since 2012. As inflation tapers off and interest rates begin to ease, Scott unpacks why seasoned investors are charging full speed ahead. He also revisits the powerful benefits of third-party management — giving investors a way to underwrite with precision, eliminate operational headaches, and optimize online exposure without breaking the bank on marketing. From lessons learned in previous cycles to boots-on-the-ground insights from the latest industry expos, this is a timely masterclass on investing with confidence when others hesitate.LISTEN FOR1:42 – Investor Paralysis Explained3:46 – Money on the Sidelines: What's Holding Back Investors?7:09 – Capital Crunch: Lending is Tightening7:56 – Third-Party Management Reloaded: Why It Works Now More Than Ever9:56 – Cutting Marketing Costs Without Losing Leads10:16 – Create Your Legacy Through StorageLeave a positive rating for this podcast with one clickCONNECT WITH USWebsite | You Tube | Facebook | X | LinkedIn | Instagram Follow so you never miss a NEW episode! Leave us an honest rating and review on Apple or Spotify.

Send us a textWhat happens when a pilot trades the cockpit for a climate-controlled unit?  In this episode, Scott sits down with Ryan Gibson of Spartan Investment Group for an in-depth look at the evolution, strategy, and future of self-storage investing. Ryan shares his fascinating journey from the airline industry to managing a self-storage empire valued at over $800 million.  The two discuss how speed, adaptability, and vertical integration are the engines behind Spartan’s exponential growth, and why partnering with REITs (rather than competing with them) is a game-changing move.  They dig into how current market dynamics—from inflation to sluggish home sales—are reshaping investment strategies, and why a flat market isn’t necessarily a bad thing.  Watch For2:24 Why Speed Is the New Currency in Storage3:28 Vertical Integration Meets Strategic Agility8:46 The REIT Pivot: Strategy or Survival?13:56 The Built-In REIT Exit Strategy19:13 How REITs Use Third-Party Management as an Acquisition Funnel21:03 Building REIT-Ready Properties for Premium Exits22:56 Are REIT-Managed Deals Lower Return? 32:51 Where Spartan Is Buying Now: Growth Markets with No Pipeline  Leave a positive rating for this podcast with one click Connect with Guest: Ryan GibsonWebsite | LinkedIn CONNECT WITH USWebsite | You Tube | Facebook | X | LinkedIn | Instagram Follow so you never miss a NEW episode! Leave us an honest rating and review on Apple or Spotify.

Send us a textThis is a FEED DROP of an episode of the Defining Your Niche Podcast with Thaddeus Campbell that Scott was a guest on.Is the "unsexy" world of self-storage actually the smartest path to wealth, freedom, and impact? Host Thaddeus Campbell is joined by industry expert Scott Meyers—owner of over 3 million square feet of storage, founder of Kingdom Storage Partners, and the heart behind one of the most influential self-storage masterminds in the U.S. Scott shares his journey from tenant-weary landlord to recession-resistant storage mogul, the power of faith in business, and why success is about more than spreadsheets—it’s about relationships, purpose, and giving back. Watch the interview hereLeave a positive rating for this podcast with one clickCONNECT WITH USWebsite | You Tube | Facebook | X | LinkedIn | InstagramFollow so you never miss a NEW episode! Leave us an honest rating and review on Apple or Spotify.

Send us a textScott Meyers takes us on a no-nonsense deep dive into the critical role of financial oversight in self-storage businesses.Whether you're a one-facility operator or managing a growing portfolio, Scott makes it clear: if you don't have a CFO, you are the CFO. Using Warren Buffett’s wisdom as a launching point, he breaks down the essential monthly, quarterly, and annual financial cadences every owner must adopt. From budgeting realistically (no pie in the sky numbers!) to analyzing rolling 13-month cash flows, and from understanding why trends matter more than isolated data points to the perils of missing tax deadlines—Scott outlines how strategic financial management can make or break your business. LISTEN FOR5:52 Why Two Sets of Books (Cash vs Accrual) Matter7:25 Monthly Cadence: How to Review Your Financial Health9:05 Rolling 13-Month Cash Flow: Your Financial Crystal Ball10:43 Don’t Trust REIT Benchmarks: Your KPIs Should Be Yours16:04 Mastermind P&L Showdown: What Real Operators Are Doing19:17 Three Essential Questions for Every Financial MeetingWatch For7:45 How a Missed K-1 Can Cost You Investor Trust11:00 Rolling 13-Month Cash Flow: See the Trends, Avoid the Traps14:50 What the Balance Sheet Really Tells You19:20 Financial Forecasting: 90 Days Forward22:00 The 3 Key Questions for Every C-Suite MeetingLeave a positive rating for this podcast with one clickCONNECT WITH USWebsite | You Tube | Facebook | X | LinkedIn | InstagramFollow so you never miss a NEW episode! Leave us an honest rating and review on Apple or Spotify.

Send us a textThis is a FEED DROP of an episode of the Commercial Real Estate Investing From A-Z  Podcast that Scott was a guest on. How is self-storage doing today? What are the benefits of joining a mastermind? Scott Meyers, founder and CEO of Self Storage Investing , shares his knowledge with us.Read this entire interview here: https://tinyurl.com/rt4pvac2You have been doing self-storage for 20 years, how is self-storage doing today?We're bullish on storage. It doesn't matter what the economy's doing, because our asset classes are largely unaffected by what's happening when things are good, people buy more stuff and there's a need for storage so we do well. When there's a contraction in the economy and people are losing their jobs or businesses, it is going a little slower. They have to put their inventory in storage, or they sublease their office or whatever their business looks like and we benefit from that, as well. We are heading into a time that we've been preparing for years, which is kind of the intersection of all that. Interest rates are a little higher and the cost of capital is higher but we are seeing a contraction in the market, which is causing people to downsize businesses.I heard this morning that in Austin, Texas 20% of the workforce is unemployed right now. Some of these companies are laying their people off. But there is a pullback right now, and the jobless rate is a little higher than even what the government statistics would show because we're seeing it and feeling it in the marketplace.Do you think self-storage is being overbuilt in places?You can't say that the industry is overbuilt. If everybody's rates all across the country, were going down and everybody was at 50% occupancy, maybe, but I don't think that we would ever get to that standpoint. There are lots of safeguards in our industry and we do know what it takes to do our homework and understand as developers, what makes this successful self-storage development project. With today's very difficult capital markets: appraisers, lenders, and private equity partners, they are not just throwing money at us, assuming it's going to win, they are forcing and they want to see our feasibility studies and the demand studies that we're doing in the marketplace to understand what a deal looks like before they're going to grant us a loan or loan us our limited partners that are going to come alongside of us or the hedge funds and invest with us. We shouldn't be coming forward if we didn't have that, and we really wouldn't get it anyway.What are some things that you have seen happen at your mastermind?A lot of the things that we've seen are things that we've built in an environment in which all the good things that we see in a mastermind can occur and some of that is true. As we take a step back, we recognize that following the Napoleon Hills model, which is when like-minded people come together and operate at a certain level, good things happen. They share best business practices, they can do business together and so from the beginning, that's the way we designed it. And we see other masterminds out there where they'll just accept anybody into the group, as long as they can write a check. We have an interview process, and it's an exclusive group that we've put into place in the mastermind.Scott Meyerswww.selfstorageinvesting.com 

Send us a textIs self-storage still a smart investment—or did you miss the boat? Scott Meyers answers the question on every investor’s mind: Is now the time to jump into self-storage? Backed by 20+ years of experience and fresh 2025 market data, Scott breaks down the economic forces driving record demand in self-storage—even amidst uncertainty. He dives into supply chain shifts, demographic trends, urbanization, minimalism, and how high interest rates are actually creating a once-in-a-decade land grab opportunity. From adaptive reuse projects to market selection and investment timing, Scott reveals why self-storage is outperforming other sectors and how savvy investors can ride the coming wave.Listen For:01:57 – Why self-storage thrives in both boom and bust cycles06:41 – U.S. households using storage hits record high in 202415:21 – $3B in 2024 sales: Who's buying self-storage and why18:49 – Timing the next refinance or exit for max valueLeave a positive rating for this podcast with one clickCONNECT WITH USWebsite | You Tube | Facebook | X | LinkedIn | InstagramFollow so you never miss a NEW episode! Leave us an honest rating and review on Apple or Spotify.

Send us a textThis is a FEED DROP of an episode of the Wealth Without Wall Street Podcast that Scott was a guest on. With any investment, there will always be some risk. But some investments are safer than others. Take the self-storage facility, for example. You may not have considered it as a potential investment opportunity, but self-storage is actually a wise and safe investment. In today's episode, Russ and Joey chat with Scott Meyers, founder and CEO of Self Storage Profits, Inc., about the potential of self-storage as a pathway to financial freedom. They also discuss how deals are made in self-storage. So if you're looking for a place to make your money work, this episode might lead you down the right path. Top 3 Things You’ll Learn:Why investing in self-storage facilities is an excellent way to become financially freeFactors to consider when deciding to purchase a property to be used as a self-storage facilityWhat qualities to look for when hiring an operator or a manager for your facilityConnect with Scott Meyers:Website - https://selfstorageinvesting.com/  

Send us a textEver wondered what self-storage has to do with cigars, bourbon, and life’s little pleasures? In this episode Scott Meyers and Doug Downs dive into a passionate discussion about the finer things in life – cigars, bourbon, and the importance of proper storage for both. Scott shares his journey of discovering the art of cigars and bourbon pairings, exploring how both are more than just indulgences – they're celebrations of life, community, and craftsmanship. From the art of cigar rolling to the perfect bourbon match, they explain how self-storage and cigar storage have more in common than you might think, all while making sure your cigars stay fresh for the next celebration.Listen For10:13 The Importance of Hand-Rolled Cigars13:09 Understanding Cigar Sizes: A Cigar 10116:23 The $1.3 Million Cigar26:47 Humidity and Temperature Control for Cigars28:36 Quick Fix for a Dry Cigar32:19 The Art of Pairing Bourbon with CigarsWhere to Buy Quality Cigars Online:Famous Smoke Shop (www.famous-smoke.com) – Great selection and deals.Cigars International (www.cigarsinternational.com) – Bulk discounts and sampler packs.Thompson Cigar (www.thompsoncigar.com) – Subscription services and discounts.JRCigars (www.jrcigars.com) – One of the oldest and most trusted retailers.Atlantic Cigar (www.atlanticcigar.com) – Rare and limited cigars available.Cigars Direct – www.cigarsdirect.comTop Sources for Reviews & Ratings:Cigar Aficionado (www.cigaraficionado.com) – The industry leader in ratings.Halfwheel (www.halfwheel.com) – Deep-dive, detailed cigar reviews.Cigar Dojo (www.cigardojo.com) – Community-driven reviews.Reddit r/cigars (www.reddit.com/r/cigars) – User-generated cigar reviews and discussions.Leave a positive rating for this podcast with one clickCONNECT WITH USWebsite | You Tube | Facebook | X | LinkedIn | InstagramFollow so you never miss a NEW episode! Leave us an honest rating and review on Apple or Spotify.

Send us a textThis is a FEED DROP episode!In this episode of The Jack Bosch Show, we dive into the world of self-storage investing with expert Scott Myers. Scott shares his journey from single-family homes to self-storage and why he believes it's the best real estate asset class. We discuss the low-maintenance business model, high cash flow potential, and recession resilience of self-storage. Scott also breaks down how to find the best deals, key financial metrics, and how beginners can get started.CONNECT WITH JACK BOSCHWebsite | You Tube | Facebook | LinkedIn | Instagram | TikTok CONNECT WITH USWebsite | You Tube | Facebook | X | LinkedIn | InstagramFollow so you never miss a NEW episode! Leave us an honest rating and review on Apple or Spotify.