How Deals Are Made in Self Storage With Scott Meyers

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 free
Factors to consider when deciding to purchase a property to be used as a self-storage facility
What qualities to look for when hiring an operator or a manager for your facility

About Our Guest:
Scott Meyers is the founder and CEO of SelfStorageInvesting.com (Self-Storage Profits, Inc.), a leading self-storage education company that offers courses, live events, and mentoring/coaching. He has acquired, sold, developed, and converted over 40 facilities totaling over 25,000 units and over 4 million square feet of storage. Scott is also a Forbes Real Estate Council Member, speaker for ISS (Inside Self Storage), the SSA (National Self Storage Association), and the host of The Self Storage Podcast.

Connect with Scott Meyers:
Website - https://selfstorageinvesting.com/

Invest in Self-Storage The Right Way:
https://selfstorageinvesting.com/

Rich Dad Poor Dad by Robert Kiyosaki:
https://store.richdad.com/collections/books/products/rich-dad-poor-dad-what-the-rich-teach-their-kids-about-money-that-the-poor-and-middle-class-do-not

Join the Inner Circle LIVE on August 25-27, 2023:
https://go.wealthwithoutwallstreet.com/innercirclelive-2

Free Financial Strategy Call:
https://go.oncehub.com/Intro15M?src=youtube

Turn Active Income Into Passive Income:
https://go.wealthwithoutwallstreet.com/pios

Take the Financial Freedom Analyzer:
https://wealthwithoutwallstreet.com/quiz

Discover Your Path to Financial Freedom:
https://www.wealthwithoutwallstreet.com/passport

Apply to Join the Passive Income Mastermind:
https://www.wealthwithoutwallstreet.com/wwws-passive-income-mastermind

—

01:37 - Why do you believe this is such a great podcast for people to listen to?
04:03 - Would you take us back to the moment when you decided to invest in real estate?
07:20 - What was the real estate you were investing in, to begin with?
10:58 - What are the occupancy rate and retention rate of customers inside of self-storage?
13:28 - Can you talk about your rise to fame in the self-storage space?
18:48 - What value does the cost segregation analysis provide to your investors?
21:25 - What are the elements needed for you to make the decision to purchase a property?
26:45 - Can you break down the supply index for us?
29:21 - How important is it to find an operator or a manager to run this sort of process?
32:58 - Can you show us how a project has worked from start to finish?
39:46 - What's the expectation on that deal?

-

🎧 Listen Now to the full episode of the podcast here 👉

https://www.wealthwithoutwallstreet.com/podcast/how-deals-are-made-in-self-storage-with-scott-meyers

-

🔥 Check out our Top Rated podcast Wealth Without Wall Street 👉 https://www.wealthwithoutwallstreet.com/podcast

Don't forget to subscribe to our YT channel by clicking the subscribe button so you can be notified each time we post new episodes weekly!
https://www.youtube.com/c/WealthWithoutWallStreet

-

Join our private community built for passive income seekers: https://www.wealthwithoutwallstreet.com/community

Take advantage of a Free Financial Strategy Call TODAY! https://go.oncehub.com/Intro15M?src=youtube

Discover Your Path to Financial Freedom:
https://www.wealthwithoutwallstreet.com/path

-

#WealthWithoutWallStreet #infinitebanking #FinancialFreedom #InfiniteBankingConcept #IBC #InfiniteBankingSystem #FinancialindependenceRetireEarly #FIRE #money #entrepreneurship #PersonalFinance #Financialindependence #PassiveIncome #business #investing #Investment #RoundTable #Podcast #Podcasting #PodcastShow #PodcastGuest #PassiveIncomeIsReal #PassiveIncomeStream #PassiveIncomeOperatingSystem #PIOS #FinancialStrategy #FinancialEducation #FBreels #instagramreels2023