Self Storage Investing

Send us a textEssential strategies for development amidst financial uncertainties. In this episode, Scott explores the intricacies of evaluating potential development sites for lender approval in today's challenging economic landscape.  With interest rates on the rise and a potential recession looming, Scott discusses the strategic importance of seizing opportunities during economic downturns, where less competition can lead to greater profits.  He provides detailed insights on proper site selection, the critical role of feasibility studies, and shares lessons learned from past development challenges, urging investors to be proactive and well-prepared for when the market rebounds.  Listen For: 4:53 Evaluating Potential Development Sites 10:50 Overbuilding: A Developer's Cautionary Tale 13:37 Navigating Financial Challenges and Recovery Options  Leave a rating for this podcast with one click   CONNECT WITH US Website | 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 textTechnology is transforming self-storage.Jackson Stevens shows us how tech can reign supreme in the realm of self-storage.Scott and Jackson discuss the SpareBox Technologies’ rapid growth and the innovative software solutions driving operational excellence. From AI-driven revenue management to real-time field operations apps, Stevens articulates how the integration of these technologies not only boosts NOI but also fundamentally alters the traditional storage facility management approach. Listen For:7:34 Unveiling RaFA: The Remote Field Operations App11:14 Leveraging AI for Effective Customer Acquisition16:17 The Philosophy Behind Spare Box's Technological Suite19:14 Enhancing Tenant Communication via Tech ToolsLeave a positive rating for this podcast with one clickGUEST: JACKSON STEVENS CEO and Co-Founder of SpareBox Technologies.Website | LinkedIn | SpareBox Technologies LinkedInCONNECT 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 textThe ISS World Expo sets the stage.After attending the ISS World Expo in Las Vegas, Scott shares a comprehensive breakdown of the event, highlighting the vibrant community and the dynamic evolution of the self-storage industry. From technological advancements to the strategic discussions about the future of self-storage investments, Scott's offers a firsthand account of the industry's pulse. His focus on community, networking, and the significance of staying ahead of market trends provides invaluable guidance for anyone looking to scale in this sector.Listen For:3:52 Education and Strategy - Choosing Your Path at the Expo5:02 The Great Rollup - Discussing Industry Consolidation9:12 Business as Usual? - Self-Storage in Today's EconomyCONNECT 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 textSoftware solutions are helping manage all aspects of maintaining facilities, from tracking tasks and schedules to providing insights on operational improvements. In this episode, Jadob Pandl and Bob Linneman of NodaFi join Scott to highlight the importance of having a centralized system for facility operations, especially for new entrants in the industry. They also discuss the potential for technology to create an ecosystem where different applications can communicate with each other, leading to more efficient operations. Storage facility owners need to embrace technology to enhance their operations and improve their return on investment.WHAT TO LISTEN FOR2:09 Enhancing Operational Efficiency3:08 Data-Driven Decision-Making14:18 Remote Management Capabilities25:33 Technology Integration and Ecosystem DevelopmentLeave a rating for this podcast with one clickGUEST: JACOB PANDL, NodaFiWebsite | X | LinkedIn GUEST BOB LINNEMAN, NodaFiWebsite CONNECT WITH USWebsite | You Tube | Facebook | X | LinkedIn | Instagram

Send us a textThree key steps to drive successful investments:Focus on your primary source of income, Understand the intricacies of tax-saving techniquesWrap your head around the powerful concept of 'infinite banking'.Addressing common fears and the noise of misinformation, Scott and guest Chris Miles emphasize the value of surrounding oneself with knowledgeable and successful individuals, encouraging a bold, yet calculated approach to personal finance and investment in 2024's dynamic market.Listen For4:23 Doubling Down: A Strategy for Growth11:22 Get Lean, Get Liquid, Get Out17:19 Deciphering the Cashflow Index27:40 Infinite Banking vs. 401KLeave a positive rating for this podcast with one clickGUEST CHRIS MILESWebsite | You Tube | Facebook | X | LinkedIn | InstagramCONNECT 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 textTruth is the waters of financial advice are murky.  Chris Miles is a vocal critic of mainstream financial planning. He’s often described as the anti-financial advisor.  Chris brings a fresh and critical perspective on what truly works in the realm of investing. This cuts through the noise, challenging preconceived notions and exposing the hidden truths in the financial world.  WHAT TO LISTEN FOR 1:28 Rethink Traditional Financial Advice 3:16 Real Estate as a Key Investment Strategy 17:07 Avoiding Investment Traps 19:05 Diversification Beyond Stocks  Leave a rating for this podcast with one click  GUEST: CHRIS MILESChris Miles, the Cash Flow Expert and Anti-Financial Advisor, is a leading authority teaching entrepreneurs and professionals how to get their money working for them TODAY! He’s an author, podcast host of the Money Ripples Podcast, has been featured in US News, CNN Money, Entrepreneurs on Fire, and BiggerPocketsCONNECT WITH CHRISWebsite | You Tube | Facebook | X | LinkedIn | InstagramCONNECT WITH US Website | 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 textThe heart and hustle behind the Meyer’s self-storage empire. This episode shares the personal and professional evolution of the Meyers’, from overworked landlords to self-storage magnates. Christina opens up about their initial leap of faith into the industry, while Scott details their transition into education and mentorship, shaping the country's leading self-storage community. The couple candidly explores the balance of business and marriage, sharing invaluable insights on partnership and conflict resolution. Topping off their narrative, they delve into their mission-driven business model, which has not only spurred financial success but also ignited a passion for philanthropy, leaving a lasting impact on communities and setting a heartfelt example for entrepreneurs everywhere.WHAT TO LISTEN FOR3:22 The Road to Teaching5:04 Family Dynamics in Business9:39 Behind the Scenes Insights19:48 A Future Focused on PhilanthropyLeave a positive rating for this podcast with one clickGUEST: CHRISTINA MEYERSWebsite | You Tube| Facebook| X | LinkedIn | InstagramCONNECT 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 textThe transformative journey of self-storage investing from chaos to calm.Scott and Christina Meyers share a raw and personal narrative of their entrepreneurial journey on the Self-Storage Podcast. From their early struggles with single-family rentals to the liberating shift to self-storage, they reflect on the business's challenges and the freedom it ultimately provided their family. The Meyers’ discuss their first self-storage deal, the growth of their business, and the deep connections formed within the industry. They emphasize how self-storage has enabled a flexible family lifestyle, including homeschooling their children and participating in mission trips, highlighting the stark contrast to their previous life consumed by demanding property management.WHAT TO LISTEN FOR2:04 - The Partnership Dynamic4:57 - The Turning Point to Self-Storage13:30 - Family Perceptions26:11 - Lessons from RecessionsLeave a positive rating for this podcast with one clickGUEST: CHRISTINA MEYERSWebsite | You Tube| Facebook| X | LinkedIn | InstagramCONNECT WITH USWebsite | You Tube | Facebook | X | LinkedIn | Instagram

Send us a textSuccess is not a secret—it's a mindset. In this episode, Scott unpacks the critical mindset shifts and practical strategies that have propelled his self-storage business forward. By emphasizing the importance of hard work over talent, the power of goal setting, and the necessity of surrounding oneself with smart, driven individuals, Scott provides a roadmap for growth. Scott dives into the habits that can transform both personal effectiveness and business operations, ultimately guiding listeners toward achieving their big, hairy, audacious goals (BHAG) and finding fulfillment in their professional endeavors.WHAT TO LISTEN FOR1:49 Hard Work vs. Talent: The Hustle Mindset3:11 Mental Attitude6:31 Fear of Success: Overcoming Subconscious Barriers9:34 Finding Your Productive PeakLeave 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 textIn this episode Scott discusses the current opportunities in the self-storage market.It’s important to act now rather than sitting on the sidelines, as the market is transitioning and offering many opportunities for buying, selling, and developing. Scott also highlights the importance of mastering underwriting and market analysis skills, building a team, executing swiftly, getting educated and finding a mentor, and giving back. Pay attention to macroeconomics, choose a focus and follow it until success, and consider partnering or investing. WHAT TO LISTEN FOR1:09 The Resilience and Growth Potential of Self-Storage3:30 Ownership Landscape and Opportunities for Individual Investors17:40 The Importance of Underwriting and Market Analysis26:58 Strategies for Growth and ScalingLeave 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.