Self Storage Playbook Terry Royce

In this Episode I chat with Chris Long. Chris started his first location of Long Yards in Canada, and has since expanded to the US. Chris’ model with long yards is a unique blend of yard and lot storage geared to both small and large operators and small businesses. 
Chris gets into his proprietary model that he is franchising and discusses this lucrative niche. 

Chris started in the trades as a young dad at 20 years old, and continued for over 12 years. Bought his first house in 2012, converted it into a duplex, second house in 2015, did the same thing, then he purchased my fist commercial property in 2017, on Bank Street (Longyards first location).
He cut the ribbon to open Longyards October 2019, &  leased up the yards and had boats and RV's by the end of the year! He was for the first time exceeding  his expenses with cashflow each month.
In all started with a dream and a vision, and the will to not give up. 
Long Yards not just mini storage, they're storage for the big guys, the small businesses, and everyone that needs a yard.

Find out more about Longyards @ https://www.youtube.com/watch?v=S0rwgOf2p_E

In this episode I discuss the biggest MYTH around self storage, and that is the myth of self storage being a passive income stream. I discuss why it’s highly active, but also why I think it’s a fantastic asset to own.  

Join the Self Storage Playbook Facebook Group to connect with other members of our growing community. Reach out to us at selfstorageplaybook@gmail.com.  Claim your free 1-month access to the Storage Rebellion University at www.storagerebeltrial.com.

Keep in mind If you have a storage deal that doesn’t fit your buy criteria or need help or have questions regarding a storage deal that’s come across your path,  feel free to reach out, I’m always happy to take a look as we are actively looking to buy more storage facilities around the US. Email me at  SelfStoragePlaybook@gmail.com 

In this episode I discuss tracking, and understanding Key Performance Indicators, also Known as KPI’s with Josh Bacon
Josh is a master of tracking and understanding data, trends, and reading between the lines to figure out what works and what doesn't. 
We will be discussing why KPIs are important, what you should be tracking, and if you aren't tracking anything how you can get started. 
While Josh's main focus is single family real estate, his understanding of tracking his KPI's translates to any real estate business.

Favorite Takeaway From The Episode: "Most people don't want to track their KPI's , because this exposes the TRUTH about their business"

Josh got into real estate to follow in his uncle's& grandfather's foot steps. Josh has been in real estate since late 2016. It  took  him 9 months to close his first deal and he has been closing deals deals ever since. Josh operates a lifestyle real estate business closing on average 15-25 transactions per year, while traveling, bike riding, enjoying sports, and tending to his roses and garden. Josh, lives outside Philadelphia, PA, and is married to KC Bacon who keeps him fun & spontaneous
Josh's Favorite Quote: Everybody wanna count cattle, nobody wanna smell the Sh.t. 

Join the Self Storage Playbook Facebook Group to connect with other members of our growing community. Reach out to us at selfstorageplaybook@gmail.com.  Claim your free 1-month access to the Storage Rebellion University at www.storagerebeltrial.com.

Keep in mind If you have a storage deal that doesn’t fit your buy criteria or need help or have questions regarding a storage deal that’s come across your path,  feel free to reach out, I’m always happy to take a look as we are actively looking to buy more storage facilities around the US. Email me at  SelfStoragePlaybook@gmail.com 

In this Episode I talk with Mike Moreno. Mike is a full time dentist, who has built a self storage portfolio across 5 states, all while working full time. Mike & I talk about leveraging your strengths with partners to free up bandwidth, transitioning from self management to 3rd party management, and how his underwriting process has changed over the last year and a half.

Join the Self Storage Playbook Facebook Group to connect with other members of our growing community. Reach out to us at selfstorageplaybook@gmail.com.  Claim your free 1-month access to the Storage Rebellion University at www.storagerebeltrial.com.

Keep in mind If you have a storage deal that doesn’t fit your buy criteria or need help or have questions regarding a storage deal that’s come across your path,  feel free to reach out, I’m always happy to take a look as we are actively looking to buy more storage facilities around the US. Email me at  SelfStoragePlaybook@gmail.com 

In this episode I discuss identifying & developing your self storagedeal avatar, honing in on it, identifying red  flags and how your criteria will change over time. I discuss a little bit about red flags on my first deal and how I overcame them. Let’s jump in.

Join the Self Storage Playbook Facebook Group to connect with other members of our growing community. Reach out to us at selfstorageplaybook@gmail.com.  Claim your free 1-month access to the Storage Rebellion University at www.storagerebeltrial.com.

Keep in mind If you have a storage deal that doesn’t fit your buy criteria or need help or have questions regarding a storage deal that’s come across your path,  feel free to reach out, I’m always happy to take a look as we are actively looking to buy more storage facilities around the US. Email me at  SelfStoragePlaybook@gmail.com 

In this Episode I talk with Eric George. Eric currently owns & operates 5 self storage facilities in Indiana & Missouri, with him purchasing 4 of those facilities in the last 12 month., and they currently have a 6th facility under contract in Colorado.  We dive into how & why Eric transitioned from single family residential into self storage. We also explore how Eric is finding deals in the current market as well as structuring &  those deals, and touch on what he sees as changes coming in the Self Storage market. Let’s get started.

Join the Self Storage Playbook Facebook Group to connect with other members of our growing community. Reach out to us at selfstorageplaybook@gmail.com.  Claim your free 1-month access to the Storage Rebellion University at www.storagerebeltrial.com.

Keep in mind If you have a storage deal that doesn’t fit your buy criteria or need help or have questions regarding a storage deal that’s come across your path,  feel free to reach out, I’m always happy to take a look as we are actively looking to buy more storage facilities around the US. Email me at  SelfStoragePlaybook@gmail.com