174 episodes
Self Storage Investing Scott Meyers
-
- Business
-
-
4.7 • 93 Ratings
-
This is the Self-Storage Investing Podcast, where we share the knowledge and skills from the industry’s leading investors, developers, and operators to help you launch and grow your self-storage investing business.
What made them a success? Built their wealth? What was their mindset and mentality as they entered the space and found room for business growth?
Led by podcast host Scott Meyers, we have a track record spanning two decades having successfully acquired, converted, developed, and syndicated over 4 1/2 million square feet of self-storage properties nationwide. Discover the secrets to building wealth and creating a thriving business mindset through our insightful episodes with leading experts. We delve into topics such as navigating recessions and market crashes, as well as the lucrative world of real estate investing through self-storage.
Join us as we explore strategies, tactics and insider tips that will propel your self-storage investing journey toward prosperity. Get ready to unlock the potential of this lucrative (recession-proof) industry and embark on a path to financial freedom.
-
Breaking Ground: The Next Steps in Self-Storage Site Development
Site development is critical!
In this episode, Scott shares the essentials of developing the perfect location for your self-storage business. From understanding zoning regulations and gaining community support to identifying red flags like environmental challenges and wetlands, he emphasizes the importance of due diligence and strategic planning.
Scott highlights the critical role of market studies, feasibility assessments, and proactive consultation to ensure profitability and mitigate risks.
He also discusses how a well-thought-out exit strategy and understanding the lender environment can lead to higher returns and a successful project.
Listen For:
03:45 - Zoning Approval Process and Key Considerations
09:09 - Zoning and Height Restrictions
28:39 - Financing Challenges and Current Lending Environment
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. -
The Developer’s Guide to Self-Storage Site Evaluation
Essential 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. -
The SpareBox Storage Tech Revolution in Self-Storage
Technology 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 App
11:14 Leveraging AI for Effective Customer Acquisition
16:17 The Philosophy Behind Spare Box's Technological Suite
19:14 Enhancing Tenant Communication via Tech Tools
Leave a positive rating for this podcast with one click
GUEST: JACKSON STEVENS CEO and Co-Founder of SpareBox Technologies.
Website | LinkedIn | SpareBox Technologies LinkedIn
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. -
Recapping the 2024 ISS World Expo
The 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 Expo
5:02 The Great Rollup - Discussing Industry Consolidation
9:12 Business as Usual? - Self-Storage in Today's Economy
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. -
Why Technology is So Important in Self-Storage
Software 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 FOR
2:09 Enhancing Operational Efficiency
3:08 Data-Driven Decision-Making
14:18 Remote Management Capabilities
25:33 Technology Integration and Ecosystem Development
Leave a rating for this podcast with one click
GUEST: JACOB PANDL, NodaFi
Website | X | LinkedIn
GUEST BOB LINNEMAN, NodaFi
Website
CONNECT WITH US
Website | You Tube | Facebook | X | LinkedIn | Instagram -
Investment Speed: Keeping Up in a Fast Market
Three 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 For
4:23 Doubling Down: A Strategy for Growth
11:22 Get Lean, Get Liquid, Get Out
17:19 Deciphering the Cashflow Index
27:40 Infinite Banking vs. 401K
Leave a positive rating for this podcast with one click
GUEST CHRIS MILES
Website | You Tube | Facebook | X | LinkedIn | Instagram
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.
Customer Reviews
Great podcast!
Always interesting and informative.
Great Source of Information
Scott offers some of the best content about the self-storage industry. He has great speakers, and asks so many of the burning questions out there. What a great format!
Great info but…
Host REALLY needs to stop saying “mmhmm” over top of the guests a thousand times an episode. Makes it almost unlistenable.