Self Storage Investing

Send us Fan MailRegister for our January, 2024 Academy in Mesa, AZ. Use the code SSAP to save $500.The questions we get from listeners are always gold. We answer more of them in this episode looking at the current state of the market, the importance of networking, and the dynamics of self-storage investing in today’s economic climate with high inflation rates. WHAT TO LISTEN FOR4:42 The Impacts of increasing interest rates and decreasing Loan-to-Value rates11:57 A strategy for creating deal flow in self-storage18:27 Why the personal touch and relationship-building is so important24:39 The S&P 500 vs Self-Storage over the last 25 years. It’s not even close 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.White Label Storage helps self-storage owners grow revenue, improve operations, and scale more efficiently with a tech-enabled management approach. The team supports key parts of the business, including facility operations, marketing, and customer experience, giving owners a stronger platform for growth. Website | LinkedIn(410) 693-5166 

Send us Fan MailRegister for our January, 2024 Academy in Mesa, AZ. Use the code SSAP to save $500.Scott Zucker, a lawyer specializing in the self-storage industry, discusses the evolution and future of the industry with host Scott Meyers. Zucker highlights the importance of understanding and complying with the legal aspects of running a self-storage business, especially as the industry continues to evolve with technology and market demands.  He also emphasizes the need for operators to keep their documents and operations in line with legal requirements to avoid potential liabilities.  WHAT TO LISTEN FOR19:51 Why industry ownership is the reverse trend to other industries like assisted living and hospitality24:23 Consolidation trends44:10 Scott’s predictions for the self-storage industry in 202448:31 The lending landscape includes troubled commercial loans on the macro level  ABOUT SCOTT ZUCKERScott is a founding partner of the Atlanta-based Weissmann/Zucker law firm. He’s been a legal practitioner since 1987, specializing in representing self-storage owners and managers on a range of legal matters from property development to tenant claims defense. He’s an external counsel to the national Self Storage Association and legal advisor to various state self-storage associations.  CONNECT WITH SCOTT ZWebsite | Website for Self Storage Law  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.White Label Storage helps self-storage owners grow revenue, improve operations, and scale more efficiently with a tech-enabled management approach. The team supports key parts of the business, including facility operations, marketing, and customer experience, giving owners a stronger platform for growth. Website | LinkedIn(410) 693-5166 

Send us Fan MailRegister for our January, 2024 Academy in Mesa, AZ. Use the code SSAP to save $500.Luke Wong uses always has his head up for potential opportunities but when it comes to trusting your gut he says that’s really the key. He trusts his gut to help him make business decisions and powerful relationships in the self-storage industry. He also shares the importance of having a mentor and getting the right education in commercial real estate. WHAT TO LISTEN FOR2:41 Passive Investments in various asset classes3:43 Choosing Self-Storage for its management efficiency17:15 Partnerships for scaling25:52 Networking and relationship building  ABOUT LUKE WONGAfter graduating from Florida State University, Luke began his foray into real estate as an owner and operator of both commercial and residential properties. His early career also included land development.In 2001, he moved to Houston to work specifically in land acquisitions for residential subdivisions. To date, he owns and manages a total of five facilities, 959 units, and 150K nrsqft, with his eye on expanding all existing facilities and making additional acquisitions in the Texas market.Luke is also a proud member of the Self Storage and Commercial Academy Mastermind. Networking and self-education remain top priorities for him. CONNECT WITH LUKEWebsite | LinkedIn | Instagram | Facebook  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.White Label Storage helps self-storage owners grow revenue, improve operations, and scale more efficiently with a tech-enabled management approach. The team supports key parts of the business, including facility operations, marketing, and customer experience, giving owners a stronger platform for growth. Website | LinkedIn(410) 693-5166 

Send us Fan MailIn 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 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.  White Label Storage helps self-storage owners grow revenue, improve operations, and scale more efficiently with a tech-enabled management approach. The team supports key parts of the business, including facility operations, marketing, and customer experience, giving owners a stronger platform for growth. Website | LinkedIn(410) 693-5166 

Send us Fan MailFor Nick Zachgo the initial hurdle was learning to overcome his fear. That idea of making phone calls to prospects, it was intimidating. He would practice and practice before making the calls. But eventually he did and both Nick and his wife Catherine managed to hit a homerun on their first deal. In this episode they share how they switched from single-family and multifamily real estate to self-storage – emphasizing the need to adapt to different seller types and property dynamics. WHAT TO LISTEN FORThe benefit of starting youngWhy mistakes… are goodThe power of good networkingMarket analysis and strategy adjustments = successLeave a rating for this podcast with one clickTURNING POINT INVESTMENTSLinkedIn | Facebook | Instagram | Turning Point Podcast CONNECT WITH CATHERINE ZACHGOFacebook | Instagram CONNECT WITH NICK ZACHGOEmail | Facebook | Instagram 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.White Label Storage helps self-storage owners grow revenue, improve operations, and scale more efficiently with a tech-enabled management approach. The team supports key parts of the business, including facility operations, marketing, and customer experience, giving owners a stronger platform for growth. Website | LinkedIn(410) 693-5166 

Send us Fan MailIn this episode we sit down with Steffany Boldrini who shares how her life took an incredible turn after joining Scott’s Mastermind program and actively participating in the meetings. The connections she made in the program played a pivotal role in boosting her net worth by an astonishing one million dollars.WHAT TO LISTEN FORWhat compelled Steffany to shift from angel investing to self-storageWhat it was about self-storage that convinced Steffany it was economically resilientWhy it’s so important to choose partnerships wiselyThe power of networking and joining mastermindsLeave a rating for this podcast with one clickABOUT STEFFANY BOLDRINIHer real estate firm is focused on value-add commercial properties in specific markets in the Sun Belt. Technology is at the forefront of the investment strategy, from deal sourcing, all the way to increasing property income and value.  Steffany is also the host of the commercial Real Estate Investing from A-Z podcast.CONNECT WITH STEFFANYWebsite | Email | LinkedIn | Steffany’s podcast on Apple 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.White Label Storage helps self-storage owners grow revenue, improve operations, and scale more efficiently with a tech-enabled management approach. The team supports key parts of the business, including facility operations, marketing, and customer experience, giving owners a stronger platform for growth. Website | LinkedIn(410) 693-5166 

Send us Fan MailAaron Saunders is the President of Spartan Construction Management. In this episode he shares the development of the company conceived as an in-house entity to fulfill Spartan Investment Group’s pressing need for reliable and aligned contractors to a nationwide phenomenon within just three years.  WHAT TO LISTEN FORThe transition from being comfortable with a regular paycheck to recognizing the value of ownership How the construction company grew from a small team to incorporating bigger rolesHow SCM recognized market gaps and opportunitiesThe importance of aligning with investor expectations ABOUT AARON SAUNDERSAaron is the President of Spartan Construction Management with over 16 years experience. He comes from a construction family and has been in construction since graduating high school. He has Bachelor of Science in Construction Management (a degree he paid for by working… construction) and is a certified PMP. He lives in Golden, Colorado. CONNECT WITH AARONEmail aaron@spartanbuilt.comWebsite https://spartanbuilt.com/ Calendly link https://calendly.com/aaron-spartanbuilt/30min CONNECT WITH USWebsite: https://www.selfstorageinvesting.comFacebook: https://www.facebook.com/selfstorageinvesting Twitter: https://twitter.com/SelfStorageGuy LinkedIn: https://www.linkedin.com/in/scottameyers Youtube: https://www.youtube.com/user/SelfStorageInvesting Instagram: https://www.instagram.com/self_storage_investing  White Label Storage helps self-storage owners grow revenue, improve operations, and scale more efficiently with a tech-enabled management approach. The team supports key parts of the business, including facility operations, marketing, and customer experience, giving owners a stronger platform for growth. Website | LinkedIn(410) 693-5166 

Send us Fan MailIn this episode we meet the new President and COO of Kingdom Storage Investors and Self-Storage Investing, Anne Mari Decoster. She’s lived a professional life thinking forward. In her first role out of post secondary school she was part of an analytics team that predicted the economic demise of the Soviet Union during the Cold War. It also studies how technology was changing and would impact consumers. For example, it was becoming clear batteries were getting smaller and more powerful which would ultimately lead to the smaller smart phones we use today.She uses that mindset to think about self-storage in the future. Imagine a driverless vehicle going to a smart access facility, the gate opens, then closes. The vehicle drives up to a unit and the door opens and pre-packaged boxes with barcodes help manage which boxes are needed. But what happens next? It’s not the last mile of automation investors need to understand… it’s the last ten feet.  WHAT TO LISTEN FORWhy it’s so important to watch for regulatory changes that can impact business feesWhy using technology to meet consumer demands is critical and how that changes your investment approachWhy the independent software code developer is more valuable than everWhy Open API is so importantThis episode was recorded live at the Self-Storage Mastermind in July 2023 in Keystone, CO. ABOUT ANNE MARI DECOSTERPresident and COO Kingdom StorageGraduate Georgetown UniversityBackground in business with companies of all sizes from Fortune 500 to small business.   CONNECT WITH ANNE MARI DECOSTERannemari@selfstorageinvesting.comOn Instagram @annemariedecoster On LinkedIn https://www.linkedin.com/in/anne-mari-decoster-14185a35/  CONNECT WITH USWebsite: https://www.selfstorageinvesting.com Facebook: https://www.facebook.com/selfstorageinvesting Twitter: https://twitter.com/SelfStorageGuy LinkedIn: https://www.linkedin.com/in/scottameyers YouTube: https://www.youtube.com/user/SelfStorageInvesting Instagram: https://www.instagram.com/self_storage_investing  Follow so you never miss a NEW episode! Leave us an honest rating and review on Apple or Spotify.White Label Storage helps self-storage owners grow revenue, improve operations, and scale more efficiently with a tech-enabled management approach. The team supports key parts of the business, including facility operations, marketing, and customer experience, giving owners a stronger platform for growth. Website | LinkedIn(410) 693-5166 

Send us Fan MailTravis Baucom was rocking it. He’d grown a fund to over 400 homes but suddenly realized he needed to pivot. That’s when he made the move into self-storage and has never looked back. In this episode Travis shares some of his strategies, particularly in an uncertain market.  WHAT TO LISTEN FORThe approach Travis takes to managing sellers’ expectationsA key strategy for acquisitions and developments in the forward marketTravis’ marketing approach working with brokers closely and forming a relationshipThe need for creativity and tighter evaluation when there is market uncertainty ABOUT TRAVIS BAUCOMTravis is the CEO of Balcomie Capital, a boutique firm for high-net-worth and high-income individuals. Having started his journey in private markets in 2012, Travis has successfully been involved with over $5 million in AUM through acquisition, development, repositioning, disposition, asset management, and strategic planning.   CONNECT WITH TRAVIS BAUCOMWeb site http://www.investinstoragedeals.com/ Email: travis@balcomiecapital.com Phone: (254) 292-3376 (Text)Instagram:  https://www.instagram.com/travis_baucom/  Facebook: https://www.facebook.com/people/Travis-Baucom/8359225/ Twitter: https://twitter.com/TravisBaucom?s=20 LinkedIn: https://www.linkedin.com/in/travisbaucom/ CONNECT WITH USWebsite: https://www.selfstorageinvesting.com/ Facebook: https://www.facebook.com/selfstorageinvesting Twitter: https://twitter.com/SelfStorageGuy LinkedIn: https://www.linkedin.com/in/scottameyers/Youtube: https://www.youtube.com/user/SelfStorageInvesting Instagram: https://www.instagram.com/self_storage_investing/ Follow so you never miss a NEW episode! Leave us an honest rating and review on Apple Podcast. White Label Storage helps self-storage owners grow revenue, improve operations, and scale more efficiently with a tech-enabled management approach. The team supports key parts of the business, including facility operations, marketing, and customer experience, giving owners a stronger platform for growth. Website | LinkedIn(410) 693-5166 

Send us Fan MailAbout 15 years ago Travis Smith went on a fishing trip with his brothers. They couldn’t actually afford to go on the trip, but they went. They talked about financial freedom and collectively expressed the path each brother was on wasn’t going to get them there. They wanted to invest in real estate, in private markets, but didn’t know how to start. So, the brothers committed to starting an LLC, opened up a business bank account and began with just $500…  WHAT TO LISTEN FORWhy crowdfunding wasn’t the answerWhy Tribevest focuses on the passive investorWhat is the Super LP?Introducing Fund Manager Tribe ABOUT TRAVIS SMITHTravis is the Founder and CEO of Tribevest, a platform that makes it easy and safe to invest as a group and do deals together. He started his career with Morgan Stanley but realized the most direct path to wealth and financial freedom wasn’t through Wall St or as an individual. The path is as a group, as a tribe. Travis is obsessed with building a platform that standardizes, streamlines, and ultimately de-risks group investing.  CONNECT WITH (TRAVIS)Facebook - https://www.facebook.com/tribevest Twitter - https://twitter.com/tribevest IG - https://www.instagram.com/tribevest/LinkedIn - https://www.linkedin.com/company/tribevest LinkedIn: https://www.linkedin.com/in/travissmithmovethechannel Website:  https://www.tribevest.com/proVideo: https://youtu.be/Jw-EzSXZNgs  CONNECT WITH USWebsite: https://www.selfstorageinvesting.com Facebook: https://www.facebook.com/selfstorageinvesting Twitter: https://twitter.com/SelfStorageGuy LinkedIn: https://www.linkedin.com/in/scottameyers/ Youtube: https://www.youtube.com/user/SelfStorageInvesting Instagram: https://www.instagram.com/self_storage_investing/  Follow so you never miss a NEW episode! Leave us an honest rating and review on Apple Podcast.White Label Storage helps self-storage owners grow revenue, improve operations, and scale more efficiently with a tech-enabled management approach. The team supports key parts of the business, including facility operations, marketing, and customer experience, giving owners a stronger platform for growth. Website | LinkedIn(410) 693-5166