The Self Storage Podcast

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This is the Self-Storage podcast, where we share the knowledge and skills from the industries leading investors, developers, and operators to help you launch and grow your self-storage investing business. Over the past 20 years, we have acquired, converted, developed, and syndicated over 2 million square feet of self-storage nationwide. Along with my amazing team at Self Storage Investing, we have helped thousands of people achieve greatness in self-storage.

Scott Meyers

United States


    • Jun 2, 2025 LATEST EPISODE
    • weekly NEW EPISODES
    • 34m AVG DURATION
    • 229 EPISODES


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    Latest episodes from The Self Storage Podcast

    Why Asia's Self Storage Market is Worth Watching

    Play Episode Listen Later Jun 2, 2025 31:18 Transcription Available


    Send us a textWhat happens when American self-storage meets Japanese innovation? In this eye-opening solo episode of the Self Storage Podcast, host Scott Meyers shares his whirlwind experience speaking at the Self Storage Association of Asia's annual expo in Tokyo. Scott dives deep into the emerging self-storage market in Japan, revealing the cultural, logistical, and economic challenges and opportunities. From ultra-compact facilities to AI-powered innovations, this episode explores how Asian developers are reimagining self-storage in densely packed cities—and what American investors can learn from it. WHAT TO LISTEN FOR3:56 Japan's Space Crunch and Storage Demand5:43 The Struggle to Build Class A Facilities7:19 The Economics of Storage in Tokyo10:01 What Asia Learns from U.S. Storage Models11:36 Bootstrapping Self Storage in Emerging Markets17:10 Launching an Asian Mastermind Group?24:10 American Privilege Abroad: A Candid Take Leave a positive rating for this podcast with one click 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.Attend the Self Storage Academy in Seattle, WA August 21-23https://selfstorageacademy.com/

    REPLAY - Scaling Smart: Self-Storage Strategies for Maximum Returns

    Play Episode Listen Later May 26, 2025 44:34 Transcription Available


    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

    Recession-Proof and Ready: Why Self Storage Still Wins

    Play Episode Listen Later May 19, 2025 11:54 Transcription Available


    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.

    Partnering With the Giants: Why Spartan Uses REITs

    Play Episode Listen Later May 12, 2025 37:02 Transcription Available


    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.

    FEED DROP - Talking 3 Million Sq Ft of Storage and the first Self-Storage Mastermind with Scott Meyers

    Play Episode Listen Later May 5, 2025 30:34


    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.

    The CFO Playbook for Storage Pros

    Play Episode Listen Later Apr 28, 2025 22:39 Transcription Available


    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.

    FEED DROP - What is the State of Self Storage Today? What are the Benefits of Joining a Mastermind?

    Play Episode Listen Later Apr 21, 2025 21:15


    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 

    Storage Wars: Why NOW Is the Time to Invest

    Play Episode Listen Later Apr 14, 2025 21:25 Transcription Available


    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.

    FEED DROP - How Deals Are Made in Self Storage With Scott Meyers

    Play Episode Listen Later Apr 7, 2025 44:43


    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/  https://selfstorageinvesting.com/

    Bourbon, Cigars, and Self Storage: A Perfect Pairing

    Play Episode Listen Later Mar 31, 2025 42:23 Transcription Available


    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.https://selfstorageinvesting.com/

    FEED DROP - Self-Storage: The Recession-Proof Real Estate Investment

    Play Episode Listen Later Mar 24, 2025 41:40


    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 | X | 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.https://selfstorageinvesting.com/

    PROTECT Your Storage Business from Skyrocketing Insurance Costs

    Play Episode Listen Later Mar 17, 2025 25:04 Transcription Available


    Send us a textIs self-storage insurance breaking the bank? Scott Meyers welcomes back industry expert Terry Campbell for a record-breaking third time. After a brief "retirement," Terry has reentered the industry, this time leading the self-storage vertical at Johnson Insurance. Together, Scott and Terry unpack the rising costs of insurance, the impact of natural disasters on premiums, and strategies for self-storage investors to protect their assets without overpaying. They discuss how savvy operators can adapt to the shifting landscape, the importance of proper underwriting, and the potential opportunities that arise as market conditions squeeze out weaker players. WHAT TO LISTEN FOR04:01 – Why Insurance Costs Are Skyrocketing (And How It Affects You)10:43 – How to Accurately Underwrite Insurance Costs14:04 – How Insurance Costs Can Impact Property Valuations and Deals19:17 – Terry's 2025 Game Plan for His Own Self-Storage PortfolioLeave a positive rating for this podcast with one clickGUEST: TERRY CAMPBELLWebsite | LinkedIn 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. 

    3 Rules for Building a Customer First Self Storage Empire

    Play Episode Listen Later Mar 10, 2025 25:10 Transcription Available


    Send us a textIs your self-storage business keeping up with the digital revolution?Scott breaks down the essential shift toward remote management and how technology is redefining customer experience. From online reservations and automated payments to AI-powered chatbots and interactive virtual tours, Scott explains why a seamless digital experience is now a necessity—not just a luxury. He shares lessons learned from implementing kiosks, strategies for maximizing uptime, and tips for leveraging automation to reduce costs while increasing customer satisfaction. Whether you're already embracing remote management or just starting to explore the possibilities, this episode is packed with insights to keep your self-storage business ahead of the competition.WHAT TO LISTEN FOR05:41 – Lessons from the First Self-Storage Kiosks14:31 –Keeping Customers Engaged with Automation20:59 – Social Proof & Online Reputation23:24 – Avoiding Customer ChurnLeave 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.

    Trading Time for Wealth: How Clint Harris Found Financial Freedom

    Play Episode Listen Later Mar 3, 2025 42:13 Transcription Available


    Send us a textCan self-storage really be the key to financial freedom? Clint Harris thinks so.Scott Meyers sits down with Clint, a former medical sales professional who escaped the grind by turning abandoned big-box stores into thriving storage facilities.Clint shares his journey, his strategy for creating wealth, and why self-storage is one of the best opportunities in today's market.After years of trading time for money in real estate—flipping houses, managing Airbnbs, and dealing with endless headaches—Clint discovered the power of adaptive reuse.Now, as a general partner at Nomad Capital, he's built a scalable, recession-resistant business by converting underutilized retail spaces into high-value storage properties. WHAT TO LISTEN FOR03:34 – The Wake-Up Call: Trading Time for Money09:49 – The Turning Point: Why Self-Storage?25:35 – The Secret to Hitting 500M in Assets31:57 – Why Now is the Time to Buy Self-StorageLeave a positive rating for this podcast with one clickCONNECT WITH GUEST: CLINT HARRISWebsite | Going Coastal Property Management |LinkedIn | Truly Passive Income PodcastCONNECT 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.

    Jack Bosch's Land Empire: The Secret to Flipping Dirt for Dollars

    Play Episode Listen Later Feb 24, 2025 40:56 Transcription Available


    Send us a textWhat if the key to real estate riches isn't flipping houses or owning rentals—but buying, splitting, and selling land? Scott Meyers sits down with land investing expert Jack Bosch to discuss the hidden potential in vacant land deals.Jack shares how he's mastered the art of acquiring land for pennies on the dollar, subdividing it, and turning it into serious profits—without the headaches of tenants or property maintenance.Whether you're a self-storage investor looking for prime development land or simply intrigued by an overlooked real estate niche, Jack reveals his top strategies for finding, evaluating, and profiting from land investments. WHAT TO LISTEN FOR03:58 – Why Land Investing is the Ultimate Real Estate Strategy09:37 – Finding the Right Land for Self-Storage Development18:01 – Rezoning Land: Tips, Risks, and Winning Strategies26:31 – The $100K Land Split Strategy (That Few Investors Use!) Leave a positive rating for this podcast with one clickCONNECT WITH GUEST: JACK BOSCHWebsite | Land Profit Generator | Instagram | TikTok | YouTube | Facebook | LinkedIn 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.

    Boost Your Self Storage Leadership Skills for Success NOW

    Play Episode Listen Later Feb 17, 2025 35:33 Transcription Available


    Send us a textIs Your Leadership Holding You Back? Here's How to Fix It.Scott dives deep into what it truly means to lead effectively, fresh from an insightful mastermind session, he shares powerful takeaways on self-awareness, vision-casting, decision-making, and resilience. Scott uncovers how to refine your leadership style, build a culture of purpose, and create a team that drives success. He also explores the importance of financial literacy, hiring for cultural alignment, and knowing when to pivot. If you've ever questioned your role as a leader or struggled with delegation, vision-setting, or strategic decision-making, this episode is for you!WHAT TO LISTEN FOR3:23 – Defining Your Leadership Style vs. Becoming Self-Aware13:51 – A Business That Changes the World: Why Purpose Matters16:11 – Building Resilience as a Leader21:22 – Hiring the Right People: Culture First, Skills SecondLeave 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.

    The StorTrack Advantage: Helping Self Storage Investors Maximize Profits

    Play Episode Listen Later Feb 10, 2025 37:10 Transcription Available


    Send us a textIs Data the Secret to Self-Storage Success? You Bet.Scott sits down with James Breunig of StorTrack, the go-to data platform for self-storage investors. James shares his journey from manufacturing to self-storage, detailing how data-driven decision-making has shaped his success. The conversation dives deep into market analytics, revenue management, and the critical role of tracking trends to stay ahead in an increasingly competitive industry. With insights on the latest industry shifts, strategies for optimizing pricing, and the hottest markets for expansion, this episode is packed with knowledge for investors at every level. Plus, StorTrack is offering an exclusive 40% discount to listeners—don't miss out!WHAT TO LISTEN FOR09:48 What Exactly Does StorTrack Do?14:46 Why Real-Time Analytics Matter More Than Ever20:55 The Power of Revenue Management & Pricing Strategies29:02 How StorTrack's Custom Data Reports Unlock Hidden RevenueLeave a positive rating for this podcast with one clickGUEST: JAMES BREUNIG, Business Development ManagerWebsite | Facebook | LinkedIn 40% off coupon code that can be applied to Market Reports or Month-to-Month Basic Explorer subscriptions: SSP40CONNECT 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.

    The Abundance Mindset: Jerremy Newsome's Path to Financial Freedom

    Play Episode Listen Later Feb 3, 2025 26:59 Transcription Available


    Send us a textWhat can a 12-year-old inspired by Forrest Gump teach us about investing, resilience, and building wealth? Scott welcomes investor Jerremy Newsome to share his fascinating journey—from cashing in on Apple stock as a child to navigating tough lessons like losing it all, and finally, to building a multi-faceted investment empire. Jerremy opens up about his strategies, from stock market mastery to bourbon barrels, and how he uses connection, clarity, and giving as his guiding principles.Whether you're a self-storage pro or exploring other asset classes, this episode is packed with insights that will inspire and energize your financial journey.WHAT TO LISTEN FOR05:21 – “You can't trust a person who hasn't lost it all”09:48 – Breaking free by defining financial freedom13:45 – Why ultimate clarity is the cheat code to wealth20:01 – The abundance mindset: “The more you give, the more you are given”Leave a positive rating for this podcast with one clickGUEST: JERREMY NEWSOMELinkedIn | Website | YouTube | Instagram | Books 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. 

    The Military Mindset Behind Choosing Self Storage

    Play Episode Listen Later Jan 27, 2025 28:48 Transcription Available


    Send us a textWant to know how a crack house led to a self-storage empire? Scott sits down with Scott Lewis of Spartan Investments to discuss his incredible journey from flipping houses in Washington, D.C. to building a nationwide self-storage empire. The duo dive into the evolution of Spartan's strategy, the decision to incorporate third-party management alongside their own operations, and the lessons learned along the way. They explore the flexibility needed to thrive in the competitive storage market, the role of REITs, and the importance of balancing self-management with outsourcing for growth and efficiency. WHAT TO LISTEN FOR01:55 - From Crack House to Seed Money – How it all Started06:42 - Self-Management vs. Third-Party Management – the Big Debate18:40 - Building Investor Trust Through Operational Excellence26:58 - How Technology and AI are Shaping the Future of StorageLeave a positive rating for this podcast with one clickGUEST: SCOTT LEWISLinkedIn | Website | YouTube 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.

    The NAVY SEAL Approach to Self Storage

    Play Episode Listen Later Jan 20, 2025 21:27 Transcription Available


    Send us a textWhat does it take to think like a Navy SEAL and win at both life and business? Scott Meyers interviews former SEAL and leadership coach William Branum. With 26 years of military experience, William shares how the mindset required to survive SEAL training can be applied to leadership, business, and personal growth.  From breaking through self-limiting beliefs to improving team dynamics, William reveals actionable insights, emphasizing that success is a choice and mediocrity is optional. WHAT TO LISTEN FOR04:06 Why most people fail: aiming for the minimum09:50 Why mediocrity is easier but always comes at a cost14:25 Rewriting the story: overcoming self-limiting beliefs18:12 Business as a battlefield: preparing to win every dayLeave a positive rating for this podcast with one clickGUEST: WILLIAM BRANUMWebsite | Book  | 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.

    Top 10 Challenges Facing Self Storage Operators

    Play Episode Listen Later Jan 13, 2025 27:29 Transcription Available


    Send us a textLeave a positive rating for this podcast with one clickScott looks at the top 10 trends and obstacles shaping the industry from economic uncertainty and rising operational costs to labor challenges and sustainability pressures. He also offers actionable strategies for staying ahead, emphasizing innovation, adaptability, and customer focus. With insights from his 5-million-square-foot portfolio and 29,000 units nationwide, this episode will help self-storage investors and operators gearing up for a successful year.WHAT TO LISTEN FOR6:06 - The importance of technology and automation in 202515:00 - Cybersecurity threats and protecting customer data22:25 - Labor market challenges and hiring Rockstar managers26:01 - Strategies for proactive, customer-focused operationsCONNECT 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.

    Attracting Passive Self-Storage Investors

    Play Episode Listen Later Jan 6, 2025 31:39 Transcription Available


    Send us a textLeave a positive rating for this podcast with one clickHow do you scale your self-storage business without risking your investors' trust?Scott dives into the art and science of raising private equity, sharing his proven strategies for crafting compelling investment offerings, building trust with equity partners, and creating systems that support sustainable growth. Learn how to attract the right investors, structure deals effectively, and deliver returns that keep your business ahead of the pack.WHAT TO LISTEN FOR02:14 Crafting Compelling Offers: Storytelling with Data09:37 The Key Metrics Investors Want to See17:38 Networking 101: Finding Your Ideal Investors26:20 Skin in the Game: Why It Matters to InvestorsCONNECT 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.

    The Five Things for me that Made 2024 Stand Out

    Play Episode Listen Later Dec 30, 2024 20:56 Transcription Available


    Send us a textWhat happens when a challenging year pushes you to redefine success? Scott reflects on the highs and lows of 2024, unveiling the five keys that fueled his personal and professional transformation. From exploring the unconventional benefits of psychedelics to saying “yes” to life-changing family experiences and delegating for maximum impact, Scott shares the wisdom, gratitude, and strategies that set the stage for massive success. WHAT TO LISTEN FOR3:45 – Scott's Psychedelic Journey12:30 – Delegation and Empowerment16:15 – The Power of Focus Time18:40 – Lessons from 20 Years of GrowthLeave 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.

    Discover PROFITABLE Self Storage Investments with Your IRA

    Play Episode Listen Later Dec 23, 2024 33:02 Transcription Available


    Send us a textLeave a rating for this podcast with one clickHow can self-directed IRAs unlock new pathways for your investment strategy? Scott welcomes Paul Herbes from Equity Trust to discuss how self-directed IRAs, Roth conversions, and real estate 401(k)s empower investors to take control of their financial future. They explore timely strategies for navigating today's market, the potential impacts of AI, trends in industrial real estate, and the art of becoming a successful passive investor. WHAT TO LISTEN FOR05:09 – Timely strategies: End-of-year moves to offset capital gains10:08 – 2025 outlook: Interest rates, tariffs, and industrial real estate growth15:12 – Roth conversions: Leveraging taxes for long-term growth25:18 – 1031 exchanges: Debunking myths about its futureGUEST: PAUL HERBESEmail | LinkedIn | Calendar | Website  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.

    Faith-Driven Success: Aaron Stokes on Business, God, and Growth

    Play Episode Listen Later Dec 16, 2024 42:04 Transcription Available


    Send us a textLeave a rating for this podcast with one clickWhat if the secret to success is keeping your focus on what truly matters and allowing greatness to sneak up on you?Scott welcomes Aaron Stokes, founder of Shop Fix Academy and a leader in the automotive repair coaching industry, for an inspiring conversation. Aaron reveals how his faith in God has been the cornerstone of his journey, helping him transform a backyard repair hustle into a multimillion-dollar coaching enterprise.Aaron and Scott discuss how faith, personal development, and a focus on operations can create a thriving business. They explore the surprising connections between running an auto repair shop and managing self-storage facilities, offering actionable strategies for business owners in any industry.WHAT TO LISTEN FOR8:08 Why “Life Before Structure” is Key to Long-Term Growth19:23 Practical Lessons on Operational Excellence from the Auto Repair Industry that Apply to YOUR Business23:05 the Importance of Personal Development and Raising YOUR Self-Image to Unlock New Levels of Success30:15 How Faith Can guide Business Decisions and Inspire LeadershipGUEST: Aaron StokesWebsite | YouTube | Facebook | LinkedIn | Podcast 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.

    How to Build Wealth Without Using Your Credit

    Play Episode Listen Later Dec 9, 2024 31:07 Transcription Available


    Send us a textLeave a rating for this podcast with one clickWhat's the secret to building wealth and a fulfilling life? For Ron LeGrand, the answer is as simple as systemizing real estate investing and embracing the power of teaching. Ron shares his decades of real estate wisdom, market cycles, and the art of creating passive income. How to adapt to market shifts, build wealth through "terms deals," and avoid the pitfalls of following the wrong mentors. WHAT TO LISTEN FOR1:33 – Ron LeGrand's humble beginnings in real estate10:22 – Delegation: The key to scaling your business19:57 – Building a business that can weather any storm25:17 – How Ron structures profitable "terms deals"GUEST: RON LEGRANDWebsite | X | LinkedIn CONNECT WITH USWebsite | You Tube | Facebook | X | LinkedIn | InstagramFollow so you never miss a NEW episode! Leave a rating and review on Apple or Spotify.

    Exploring NOTE INVESTING for Big Gains!

    Play Episode Listen Later Dec 2, 2024 53:25 Transcription Available


    Send us a textLeave a rating for this podcast with one clickWhat happens when two industry veterans dig into the art of education, real estate, and self storage? Scott sits down with Eddie Speed, the nation's leading expert on note buying, for a deep dive into their combined decades of experience. From exploring the nuances of note investing and self-storage to evaluating the roles of educators and influencers in the real estate world, this conversation is a masterclass in business integrity and insight. WHAT TO LISTEN FOR9:08 - Why authenticity matters more than polished scripts15:38 - Comparing notes to rental properties22:43 - The importance of equity management in real estate portfolios32:47 - Why "shiny object" marketing isn't sustainable in real estate educationGUEST: EDDIE SPEEDLinkedIn | Website CONNECT WITH USWebsite | You Tube | Facebook | X | LinkedIn | InstagramFollow so you never miss a NEW episode! Leave a rating and review on Apple or Spotify.

    Managing Self Storage from ANYWHERE

    Play Episode Listen Later Nov 25, 2024 34:20 Transcription Available


    Send us a textHow can technology transform self-storage operations and customer experiences? Scott catches up with James Hatfield, Chief Revenue Officer of Live Switch, to explore how cutting-edge video technology is revolutionizing the self-storage industry. James shares insights into hybrid management models, the power of VAs (virtual assistants), and how Live Switch is making waves in operational scalability for facilities big and small.WHAT TO LISTEN FOR4:56 – How Live Switch found its niche in self storage8:50 – The power of virtual management from anywhere15:00 – Hybrid management models: Specializing staff roles23:16 – Virtual assistants: Expanding hours and reducing costsLeave a positive rating for this podcast with one clickGUEST: JAMES HATFIELDWebsite | LinkedIn CONNECT WITH USWebsite | You Tube | Facebook | X | LinkedIn | InstagramFollow so you never miss a NEW episode! Leave a rating and review on Apple or Spotify.

    Burnout and Breakthroughs: How Self-Storage Saved Us

    Play Episode Listen Later Nov 18, 2024 33:18 Transcription Available


    Send us a textReady to learn the secrets behind one of the most reliable real estate investments? Scott reflects on his journey from traditional real estate to self-storage, joined by his wife, Christina.Together, they recount the challenges of managing rental properties, the eventual burnout, and the pivotal moment that led them to pursue self-storage. Christina shares her initial enthusiasm and how she persuaded Scott to make the leap. They explore lessons from their first self-storage deal, the benefits of the industry, and how it transformed their personal and professional lives. WHAT TO LISTEN FOR05:21 Christina's "I Quit" Moment11:32 Finding Their First Deal24:42 How They Funded Their Early Facilities29:25 Lessons in Financial Analysis for Self-StorageLeave a rating for this podcast with one clickGUEST: CHRISTINA MEYERSWebsite | 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.

    Deeper Into the Banker's Mindset (Part II)

    Play Episode Listen Later Nov 11, 2024 31:35 Transcription Available


    Send us a textBy focusing on the details that matter most—like occupancy rates, net operating income (NOI), and even factors like competition and CapEx—Scott provides a roadmap for presenting your project as a sound, profitable investment. With a rundown on add-backs, market trends, and the importance of lender-approved due diligence, Scott explains how to secure funding and establish your credibility with potential partners.WHAT TO LISTEN FOR2:24 - Key Elements for Lender Confidence12:29 - The Power of Schedule E in Negotiations14:48 - Add-Backs that Boost Value23:08 - Maximizing Profits for Loan ApprovalLeave 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.

    Understanding the Banker's Mindset (Part I)

    Play Episode Listen Later Nov 4, 2024 41:40 Transcription Available


    Send us a textHow do you get inside a banker's mind to secure a loan for self-storage facilities? Scott breaks down the intricate dance of lending and the steps borrowers must take to improve their chances of loan approval. He dives into how the current economic climate—elections, inflation, and fluctuating interest rates—affects loan applications and approval times. Scott also explores different lending sources, from community banks to pension funds, and emphasizes the importance of crafting a detailed business plan to win over lenders. WHAT TO LISTEN FOR:59 The Impacts of Interest Rates and Elections on Lending1:55 Why Banks Avoid Saying “No” Directly6:15 Can You Get Pre-Approved For a Self Storage Loan?29:49 Final Projections: Why Good Enough Isn't Good EnoughLeave 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.

    Broker-Dealer Rules Every Self-Storage Operator Should Know

    Play Episode Listen Later Oct 28, 2024 41:49 Transcription Available


    Send us a textWhat happens when changing regulations collide with private equity in self-storage? Scott sits down with Byron Elliot of Three Pillars Law to explore the evolving landscape of fundraising and legal compliance in real estate investing. From shifting SEC enforcement strategies to the rise of fund-to-fund models, Scott and Byron offer crucial insights into how operators can stay ahead in a tightening market. They also dig into creative financing strategies, how to avoid broker-dealer pitfalls, and why transparency and solid legal practices are non-negotiable when handling other people's money.WHAT TO LISTEN FOR04:40 – SEC enforcement and the impact of stricter penalties17:45 – Distressed assets: Opportunity amidst market shifts20:51 – Creative financing solutions: Owner-carry notes are back39:54 – Byron's advice for navigating private equity Leave a rating for this podcast with one clickCONNECT WITH GUEST: Byron Elliott, Esq. (Managing/Founding Partner Attorney) Website | LinkedIn | Facebook 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.

    Preparing for Self Storage Growth in 2025 – Part Two

    Play Episode Listen Later Oct 21, 2024 24:17 Transcription Available


    Send us a textPlanning for success in 2025 starts now—and Scott is back with part two of his guide to mapping out a productive year.  This episode dives into the nitty-gritty of creating a concise one-page plan that aligns goals with core values, all while ensuring team accountability and strategic foresight.  Whether it's budgeting, staffing, or outlining KPIs, Scott emphasizes that goal setting is a process that shouldn't wait until the last minute.  He discusses frameworks like EOS to keep the team focused and motivated, how to structure meetings effectively, and why it's crucial to define both long-term vision and midterm benchmarks.  WHAT TO LISTEN FOR02:25 Why core values drive business success06:46 Hiring: From COO to acquisition specialists12:15 Setting KPIs for growth and sustainability18:36 “To-do” items that don't get kicked down the road Leave a positive rating for this podcast with one click 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.

    Preparing for Self Storage Growth in 2025 – Part One

    Play Episode Listen Later Oct 14, 2024 25:59 Transcription Available


    Send us a textHow do you plan for a record-breaking year in business? Scott walks listeners through the first of a two-part series on how to prepare for a highly successful 2025. He breaks down the process of reviewing and reflecting on the current year to set the right goals and direction for the future. Scott highlights key questions to ask your team, the importance of evaluating every department, and how to align your growth goals with a rolling five-year plan.  WHAT TO LISTEN FOR03:49 Key questions to ask for business reflection10:05 Leadership evaluation: Transparency and ego-checks17:01 Performing a SWOT analysis for 2025 planning22:16 Prioritizing initiatives: What should you focus on? Leave a rating for this podcast with one click 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.

    10 Steps for Hosting a Standout Self Storage Investor Meetup

    Play Episode Listen Later Oct 7, 2024 37:04 Transcription Available


    Send us a textReady to host a successful investor meetup and secure more capital for your projects?  Scott breaks down the 10 essential steps to plan, organize, and execute an investor meetup that leaves a lasting impression on current and potential investors.  From picking the right location and date to engaging your guests with market tours, dinner, and detailed presentations, Scott walks you through how to build trust, answer questions, and ultimately close the deal.  WHAT TO LISTEN FOR03:41 Planning Your Meetup: Location and Timing10:18 Preparing Professional Presentation Materials26:14 The Importance of Post-Event Follow-Up29:07 Handling Low Turnout and Highlighting Successes Leave a positive rating for this podcast with one click 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.

    REPLAY – Building Self Storage Wealth

    Play Episode Listen Later Sep 30, 2024 33:38 Transcription Available


    Send us a textThis is a Replay of an episode first published in October 2023. Are partnerships in self-storage the key to scaling up, or is it better to go solo?  In this episode, Scott sits down with Luke Wong, a self-storage entrepreneur who has made a name for himself in the industry.  Luke shares his journey from real estate flipping to his successful leap into self-storage investing. He dives deep into finding good partners, overcoming health and market challenges, and the power of networking in the self-storage world.  This conversation is packed with real-world insights for anyone looking to start or grow their self-storage business. WHAT TO LISTEN FOR4:50 – Transitioning to Self-Storage16:35 – Taking the Leap with Partnerships19:53 – Benefits of Good Partnerships29:50 – Patience in Finding Deal GUEST: LUKE WONGWebsite | LinkedIn | Instagram | Facebook  Leave a rating for this podcast with one click 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.

    Gorging Yourself at the Self-Storage Buffet

    Play Episode Listen Later Sep 23, 2024 31:40 Transcription Available


    Send us a textReady to transform your future with self-storage success?  Scott welcomes special guests Roger and Julie Trovillion, a couple who went from real estate newbies to owning three self-storage facilities, all within a few short years.  Learn how they got their start, overcame doubts, and ultimately transitioned Roger out of his 9-to-5 job.  Hear their inspiring story of investing both actively and passively, while also making a difference through mission work. It's not just business—it's a lifestyle shift. WHAT TO LISTEN FOR02:45 The turning point that made them go "all in" on self-storage08:40 The surprising ease of finding their first facility15:20 The key to their confidence: Scott's no-loss investment strategy17:05 The power of the Self-Storage Mastermind GUEST: JULIE & ROGER TROVILLIONWebsite | Facebook |Leave a rating for this podcast with one click 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.

    Location, Location, Location: Self-Storage Site Selection

    Play Episode Listen Later Sep 16, 2024 32:23 Transcription Available


    Send us a textAre you making the right moves in self-storage site selection, or are you risking costly mistakes?  In this episode of, Scott Meyers dives deep into one of the most critical aspects of self-storage development: site selection.  Scott explains how to evaluate potential sites, discusses the importance of consulting experts for feasibility studies, and highlights key factors such as zoning, site size, market demand, and competition.  WHAT TO LISTEN FOR03:33 Understanding Zoning and Planning for Your Site07:01 Ideal Site Size for Storage Facilities15:11 Matching Facility Design to City Requirements19:59 Positioning Your Facility Against Competition Leave a rating for this podcast with one click 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.

    Your Self-Storage Investment is a Business… Not a Hobby

    Play Episode Listen Later Sep 9, 2024 22:30 Transcription Available


    Send us a textAre you treating your self-storage investment like a business or just a hobby?  In this episode, Scott looks at the crucial mistakes new investors make, particularly the costly error of not treating their self-storage ventures as serious businesses.  He outlines the fundamental steps necessary to ensure long-term success, including the importance of having a solid business plan, maximizing profits, leveraging technology, and implementing standard operating procedures.  Scott also shares insights on how to avoid common pitfalls and thrive in the ever-evolving self-storage industry. WHAT TO LISTEN FOR02:47 – Seven foundational points for self-storage success12:03 – Maximizing profit centers in your facility18:17 – Treating your business like a franchise20:56 – You own it: The mindset of a successful owner Leave a rating for this podcast with one click 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.

    Time Is Money: Mastering Self-Storage Deals

    Play Episode Listen Later Sep 2, 2024 25:44 Transcription Available


    Send us a textReady to fast-track your self-storage success?  In this episode, Scott launches a 30-day Letter of Intent (LOI) challenge with his Self Storage Mastery students, aiming to have each participant secure a property within a month.  He dives into the essential strategies for finding and evaluating deals, mastering time management, and avoiding common pitfalls that can slow down your progress. If you're serious about growing your self-storage portfolio, Scott's insights on prioritizing tasks and executing a proven marketing funnel will get you there. WHAT TO LISTEN FOR02:29 - Speed and the Self-Storage Market: Why Timing Matters06:44 - How a 30-Day Time Audit Can Transform Your Business16:07 - Networking in Your Market: Why It Pays to Be Direct21:46 - Scott's Favorite Deal-Finding Techniques Leave a rating for this podcast with one click 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.

    Mistake #2 – The Risks of Skipping the Inspection

    Play Episode Listen Later Aug 26, 2024 17:50 Transcription Available


    Send us a Text Message.Are you overlooking crucial details that could make or break your self-storage investment? In this episode, Scott scrutinizes the common mistakes self-storage investors make, especially when it comes to physical site inspections. He shares tips on avoiding costly pitfalls, from HVAC and roofing issues to drainage and security systems.  This episode will equip you with the knowledge to ensure your investment is rock solid. LISTEN FOR01:33 Avoiding rookie mistakes in physical inspections05:25 The hidden costs of poor roofing11:22 Inspecting electrical systems and plumbing16:04 Why thorough due diligence is non-negotiable Leave a positive rating for this podcast with one click 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.

    When Cutting-Edge AI Meets the World of Self-Storage

    Play Episode Listen Later Aug 19, 2024 38:41 Transcription Available


    Send us a Text Message.In this episode, Scott chats with Tyler Sellers about his innovative software, Cactus AI, that revolutionizes the way self-storage investors handle underwriting.  From mom-and-pop operations to billion-dollar institutions, Sellers reveals how this tool leverages AI to streamline the underwriting process, saving time and ensuring precision in a rapidly evolving market.  Technology is leveling the playing field in real estate investment. LISTEN FOR05:42 - Cactus: A tool for both small investors and large institutions14:19 - Tailoring Cactus to fit different investment strategies22:27 - Education and coaching in self-storage underwriting29:40 - Tyler's personal story of starting with $0 Guest: Tyler Sellars, Principal & CEO at Cactus AIEmail | Website | LinkedIn | Tyler's Self Storage Investment Journey  Leave a 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.

    Mistake # 1 – The Risks of Purchasing Off the Beaten Path

    Play Episode Listen Later Aug 12, 2024 46:20 Transcription Available


    Send us a Text Message.Ever wondered what could derail your self-storage investment before you even start?  Scott shares his personal blunders and lessons from over 20 years in the self-storage business, providing vital advice on how to avoid costly errors.  He highlights the critical importance of location, market analysis, and thorough planning.  WHAT TO LISTEN FOR04:44 Market Analysis: Key Factors to Consider15:02 Retail Mindset in Self Storage20:19 Supply Index and Market Demand25:36 The Role of Feasibility Studies Leave a rating for this podcast with one click 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.

    The Wealth Without Wall Street Formula

    Play Episode Listen Later Aug 5, 2024 39:41 Transcription Available


    Send us a Text Message.Ready to break free from Wall Street's grip and build real wealth? In this episode, Scott welcomes Russ Morgan, co-founder of Wealth Without Wall Street, to discuss the power of passive income and alternative investments in achieving financial freedom. Russ and his partner Joey Mure have created a groundbreaking book that offers a three-step process for success: setting clear goals, developing a personalized plan, and finding support within a community of like-minded investors. Through their unique approach, Russ and Joey empower readers to align their investments with their individual preferences, risk tolerance, and interests, leading to more engaging and successful outcomes. From hands-on real estate ventures to hands-off opportunities, they share insights from their thriving community of nearly 9,000 members who are transforming their lives by building passive income streams, leaving a legacy, and making a lasting impact. WHAT TO LISTEN FOR 03:22 - Three-Step Process for Passive Investing 16:39 - Achieving Financial Freedom 25:33 - Vetting Syndicators and Investment Strategies 35:58 - Growing a Community of Successful Investors Leave a rating for this podcast with one click  GUEST: RUSS MORGAN Website | Listen to episode 157 with Russ Morgan and Joey Mure   CONNECT WITH US Website | You Tube | Facebook | X | LinkedIn | Instagram  FFollow so you never miss a NEW episode! Leave us an honest rating and review on Apple or Spotify.  

    Smart Tax Moves: Cost Segregation Strategies for Self-Storage

    Play Episode Listen Later Jul 29, 2024 38:26 Transcription Available


    Send us a Text Message.Are you leveraging every financial advantage in your self-storage business?  In this episode, Scott Meyers, the original SELF-STORAGE EXPERT, welcomes back Sean Graham to discuss the benefits of cost segregation for real estate investors, particularly those in the self-storage sector.  Sean, a CPA with extensive experience in real estate and cost segregation, explains how this strategy can significantly accelerate depreciation, providing substantial tax benefits by front-loading expenses.  They cover the financial implications, the potential savings, and the practical application of cost segregation studies, emphasizing the value of understanding and utilizing these financial tools.  The conversation also touches on the efficiency of using virtual assistants for property management and other business operations, highlighting the cost-effective solutions available for real estate professionals. WHAT TO LISTEN FOR02:36 - Benefits of Cost Segregation for Self-Storage Owners07:31 - Detailed engineering studies18:10 - Time Value of Money and Inflation24:45 - Property Management with Virtual Assistants Leave a rating for this podcast with one click Sean GrahamLinkedIn | Maven Cost Segregation | Maven Cost Seg. Email | Maven Success  Get the discount Sean mentionedCONNECT 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.

    Revenue, Remote Management, and Real Results in Self-Storage

    Play Episode Listen Later Jul 22, 2024 36:16 Transcription Available


    Send us a Text Message.Can niche markets like RV and boat storage be the game-changer your business needs? In this episode, Scott chats with Gary Edmonds, a seasoned storage manager, about his journey from a commercial lender to a thriving storage facility owner and third-party manager.  Gary shares his insights on managing facilities efficiently, the importance of meeting customer demands 24/7, and the evolving role of technology in the industry.  They also discuss the potential in niche markets like RV and boat storage, and the critical importance of constant attention to facility operations.  WHAT TO LISTEN FOR03:57 - From Banker to Storage Boss06:22 - Mastering Remote Management09:32 - Expansion Strategies28:38 - Niche Markets Explored Leave a rating for this podcast with one clickGUEST: GARY EDMONDSLinkedIn | Website 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.

    Scaling Smart: Self-Storage Strategies for Maximum Returns

    Play Episode Listen Later Jul 15, 2024 44:34 Transcription Available


    Send us a Text Message.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 Storage Brand10:48 - Revenue Management and Cost Reduction Strategies15:17 - Logical Pricing Parameters19:15 - Balancing Quality and Cost ReductionLeave 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

    How a Family Business Became a Self-Storage Leader

    Play Episode Listen Later Jul 8, 2024 46:51 Transcription Available


    Send us a Text Message.It was all about cold calls in the early days. Rachel Parham of Noah's Ark Development remembers her dad making call after call to manage a portfolio of over 400 facilities. Nothing wrong with good, honest, nose to the grindstone hard work. And it paid off.  Rachel emphasizes the importance of due diligence, market studies, and experienced partnerships while discussing the challenges and opportunities in today's market. WHAT TO LISTEN FOR:05:14 - A Family Affair15:37 - Strategic Site Selection18:27 - Adapting to Market Demands24:00 - The Power of TechnologyLeave a positive rating for this podcast with one clickGUEST: RACHEL PARHAM | President Noah's Ark DevelopmentWebsite | Facebook | Learn Self Storage Videos | Blog | Invest in Noah's Ark 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.

    The Booming Boat and RV Storage Market

    Play Episode Listen Later Jul 1, 2024 44:21 Transcription Available


    Send us a Text Message.Tom Dunkel, Chief Investment Officer at Belrose Storage Group, discusses the increasing demand for boat and RV storage in the US. He explains that the production of RVs and boats is outpacing the creation of storage spaces, with homeowners' associations and municipalities often restricting parking in residential areas. Dunkel suggests that this demand, coupled with the low maintenance and high margins of such facilities, makes boat and RV storage an attractive investment. However, he acknowledges that raising capital for these projects can be challenging due to investor unfamiliarity with the asset class and current economic uncertainties. Despite these challenges, Dunkel remains optimistic about the future of boat and RV storage, seeing it as a long-term growth opportunity.WHAT TO LISTEN FOR13:04 Growing Demand for Boat and RV Storage15:17 Operational Ease16:18 Future Growth Prospects28:14 Challenges in Raising CapitalLeave a positive rating for this podcast with one clickCONNECT WITH Tom DunkelWebsite | X | LinkedIn 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.

    REPLAY – Top FAQs From Self-Storage Newbies

    Play Episode Listen Later Jun 24, 2024 34:37 Transcription Available


    This is an episode first published in September 2023. It's one of our most popular.In this episode Scott discusses the current state of the Self-Storage industry and why it's attracting new investors. With other asset classes experiencing a downturn, Self-Storage remains a lucrative investment option.   Scott explains how self-storage thrives during economic downturns as businesses and individuals downsize, leading to increased demand and rental rates. He also highlights the benefits of investing in self-storage during a recession and the opportunities it presents. This episode provides valuable insights for those interested in entering the self-storage market or looking for alternative investment options.   WHAT TO LISTEN FOR 1:25 Why Self-Storage during economic downturns 8:26 A solid plan for getting started in Self-Storage 10:14 The vital importance of writing a business plan 23:00 How to really understand cashflow CONNECT WITH USWebsite | You Tube | Facebook | X | LinkedIn | Instagram  Leave a rating for this podcast with one clickGUEST: Doug DownsWebsite | You Tube | Facebook | X | LinkedIn | Instagram CONNECT WITH USWebsite | You Tube | Facebook | X | LinkedIn | Instagram

    Banking on Self-Storage: A Guide to Smart Financing

    Play Episode Listen Later Jun 17, 2024 32:44 Transcription Available


    What are the banks looking for right now when it comes to loans?In this episode, Scott warms up the conversation with proven strategies for securing self-storage loans amidst a challenging economic climate.He explains the evolving lending environment, the criteria lenders use to assess loan applications, and provides actionable strategies for presenting strong loan requests. Scott emphasizes the importance of having a solid business plan, understanding market conditions, and shopping loan requests to multiple lenders.  WHAT TO LISTEN FOR05:46 - Qualifying for a Loan: Key Criteria10:58 - Creating a Compelling Business Plan18:38 - Conventional Loans vs. SBA Loans27:37 - Improving Profitability and OperationsLeave 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 a rating and review on Apple or Spotify.

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