Self Storage Investing

Scott Meyers, Stories and Strategies
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Jun 26, 2023 • 52min

Simplifying Self Storage: Leveraging Partnerships for Faster Growth – Sean Graham

Send us Fan MailThe self-storage business model is refreshingly simple compared to the complexities of managing multifamily apartment complexes. As Scott has said (and trademarked) “No tenants, No toilets, No trash.” By offering straight-forward shed rentals the investment potential becomes easy to grasp. But trying to handle every aspect of the business alone, from raising capital to property management can be challenging.  In this episode Sean Graham shares his thoughts on finding trusted partners who excel in areas when he admits he falls a bit short.  WHAT TO LISTEN FORWhy Self-Storage is becoming Sean’s biggest focusThe benefit of partnerships and syndications to leverage other people’s expertiseWhy building relationships and finding the right partners is the most effective way to scale your businessHow to identify low-value tasks and find affordable virtual assistants ABOUT SEAN GRAHAMSean is the founder of Maven Equities focused mostly on mid-market opportunities in growing suburban locations with under-supplied markets. The sweet spot is ground-up development.  CONNECT WITH SEANEmail Sean sean@mavenequities.com  CONNECT WITH US Website: https://www.selfstorageinvesting.com/Facebook: https://www.facebook.com/selfstorageinvestingTwitter: https://twitter.com/SelfStorageGuyLinkedIn: https://www.linkedin.com/in/scottameyers/Youtube: https://www.youtube.com/user/SelfStorageInvestingInstagram: 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 
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Jun 19, 2023 • 42min

Putting Out Fires and Making Fire Investments – Tim Lyons

Tim Lyons, co-founder of Cityside Capital and New York City firefighter, discusses trust and due diligence in real estate investing. Topics include the overwhelming options available, being actively passive, and the value of transparency and over-communication. They also talk about current opportunities, retirement goals, and the supportive community in the self-storage industry.
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Jun 12, 2023 • 42min

Turning Pro Using Outside Consultants to Uncover Blind Spots - Russ Sorrells

Send us Fan MailFor Russ Sorrells, business success comes down to four main areas of focus: being sure you have the right people and looking after them, having a clear purpose and mission, developing the right playbooks to execute the strategies, and performance.  People, Purpose, Playbooks, and Performance. The Four P’s that drive success. WHAT TO LISTEN FORReal tips for how to grow and scale your self-storage businessHow to go from chaos and complexity to simplicity and prioritizationAvoiding the “Accidental Culture”Why “People” is the best investment you can make  ABOUT (RUSS SORRELLS)Russ is the founder of Own Your Category and founder of Capital Equipment Sales Mastery. He has 27 years’ real world business experience and has owned and operated multiple seven figure businesses with more than 500 capital projects closed. CONNECT WITH (RUSS)Russ@ownyourcategory.comWebsite https://www.ownyourcategory.com/   CONNECT WITH US Website: https://www.selfstorageinvesting.com/Facebook: https://www.facebook.com/selfstorageinvestingTwitter: https://twitter.com/SelfStorageGuyLinkedIn: https://www.linkedin.com/in/scottameyers/Youtube: https://www.youtube.com/user/SelfStorageInvestingInstagram: 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 
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Jun 5, 2023 • 48min

Learning to Lead as You Scale Your Portfolio - Eric Brewer

Send us Fan MailSuccess started for Eric Brewer making $7 an hour as a lot porter – parking Mercedes and Toyotas a local new car franchise. Good thing he wore that double breasted suit to the interview. But hard work, listening to his dad, and some good contacts led to more and more opportunities. Eventually he came to realize, he was good at selling. WHAT TO LISTEN FOR Why some of the best sales managers, aren’t actually very good at selling How building a culture leads to success The power of decentralized command Accepting your team’s mistakes as part of the path to perfect execution   ABOUT (ERIC BREWER) Since 2006, Eric has done over 3,000 residential real estate deals in Pennsylvania and Maryland. His experience covers a wide range of deal types and strategies including novations, wholesaling, flipping, construction, director-to-seller marketing, turnkey rentals, and property management.  CONNECT WITH (ERIC) Website https://brewermethod.com/home Email info@brewermethod.com   CONNECT WITH US  Website: 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/SelfStorageInvestingInstagram: https://www.instagram.com/self_storage_investing/  Subscribe 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 
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May 30, 2023 • 25min

Company Success From An Executive’s Perspective - Ken Lange

Send us Fan MailGet to know how it’s done at the executive level with Ken Lange, as this episode’s C-suite conversation tackles the function and management metrics utilized to keep a company’s operation at its peak. Stay tuned to grasp the knowledge to develop your team’s competency and achieve all your objectives! WHAT TO LISTEN FORWhy values are crucial in finding quality partnerships What role does a CFO do in maneuvering company progressThe importance of checking your properties’ financials regularlyConservativeness: How it can help you in self-storage investingA business leader’s daily duty can nurture long-term successABOUT KEN LANGEAs the CFO of TriCore Investment Group, Ken is responsible for the organization's strategic financial leadership and its affiliated companies. He leads all financial-related activities through his extensive experience and practical communication skills. Ken Lange has established a stellar reputation for economic efficiency and intuitive real estate understanding. Ken is a native of Kissimmee, Florida, and his professional development began in information technology and sales. He was later attracted to the real estate industry, where he felt he could leverage his professional skill sets and build himself as an entrepreneurial leader.CONNECT WITH KENWebsite: TriCore Investment GroupLinkedIn: Kenneth LangeCONNECT WITH USWebsite: https://www.selfstorageinvesting.com/Facebook: https://www.facebook.com/selfstorageinvestingTwitter: https://twitter.com/SelfStorageGuyLinkedIn: https://www.linkedin.com/in/scottameyers/Youtube: https://www.youtube.com/user/SelfStorageInvestingInstagram: https://www.instagram.com/self_storage_investing/Subscribe 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 
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May 23, 2023 • 31min

Introducing C-PACE Financing with Jason Schwartzberg

Send us Fan MailToday, Jason Schwartzberg reveals a powerful program you can use for your following self-storage projects. Get to learn the distinct features of Commercial Property Assessed Clean Energy (C-PACE) financing and how to access the benefits it offers by tuning in to this episode. Dial in!WHAT TO LISTEN FORA breakdown of the C-PACE financing programCommercial projects that are suitable for C-PACE financingWhy it's a great idea to include C-PACE financing in your capital stackHow to apply C-PACE financing to a self-storage reposition project More solutions offered by MD Energy Advisors for your real estate dealsABOUT JASON SCHWARTZBERGJason is a leading energy entrepreneur who co-founded MD Energy Advisors to help commercial property owners reduce energy costs and maximize profitability. He also co-founded PointClickSwitch, a platform that assists residential customers in deregulated energy markets with comparison shopping. Before starting his company, Jason was a development manager for A&R Development and an economic development officer for Baltimore Development Corporation. He holds an MBA from Loyola University Maryland and a bachelor’s degree in government from Franklin & Marshall College. CONNECT WITH JASONWebsite: MD Energy Advisors: https://www.mdenergyadvisors.com/ LinkedIn: Jason Schwartzberg: https://www.linkedin.com/in/jason-schwartzberg-9335161b/ Email: jason@mdenergyadvisors.com CONNECT WITH USWebsite: https://www.selfstorageinvesting.com/Facebook: https://www.facebook.com/selfstorageinvestingTwitter: https://twitter.com/SelfStorageGuyLinkedIn: https://www.linkedin.com/in/scottameyers/Youtube: https://www.youtube.com/user/SelfStorageInvestingInstagram: https://www.instagram.com/self_storage_investing/Subscribe 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 
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May 15, 2023 • 48min

Recession-Resilience: Self-Storage’s Greatest Perk with Carl Touhey and Jason Allen

Send us Fan MailJoin us for an episode featuring Carl Touhey and Jason Allen, where we discuss a specific real estate investment type that has proven to perform well during economic downturns. We delve into the distinctive features that make it resilient during recessions, share excellent tips for underwriting, and explore the potential it has that’s available for you. Tune in!WHAT TO LISTEN FORWhat could happen in the next phase of the economic cycle The truth behind the prices of properties listed on the market todayOpinions on the current state of the economy and the future of interest ratesUnderwriting tips and lessons learned in the self-storage industry Greatest opportunities for self-storage investors to grab and capitalizeRESOURCES/LINKS MENTIONEDResolution Trust Corporation: https://www.federalregister.gov/agencies/resolution-trust-corporation Self Storage Association: https://www.selfstorage.org/ Ep127: 7 Things Self-Storage Investors Must Do to Prepare for the Recession - Part 1: https://podcasts.apple.com/us/podcast/ep127-7-things-self-storage-investors-must-do-to-prepare/id1507427005?i=1000611406431 Ep128: 7 Things Self-Storage Investors Must Do to Prepare for the Recession - Part 2: https://podcasts.apple.com/us/podcast/ep128-7-things-self-storage-investors-must-do-to-prepare/id1507427005?i=1000612288875 ABOUT CARL TOUHEY AND JASON ALLENCarl Touhey and Jason Allen are the co-founders of Performance Self Storage Group Inc. Carl, who began his real estate career in 1986 selling investment real estate, ventured into self-storage in 1992, acquiring five facilities over two years. Known for his expertise in turning around "problem" properties, Carl has brokered over $1 billion in storage assets and is recognized as one of the industry's top sales and acquisitions specialists. Jason, who started his real estate career in 1997, developed an extensive database of self-storage properties while working with Carl and has specialized in self-storage brokerage, investment, syndication, management, and marketing. With over $1 billion in successful self-storage transactions under his belt, Jason is also recognized as an expert in the field.CONNECT WITH CARL AND JASONWebsite:  https://www.performanceselfstoragegroup.com/ LinkedIn: Carl Touhey: https://www.linkedin.com/in/carl-touhey-19384b/ | Jason Allen: https://www.linkedin.com/in/jay-allen-446a238/ CONNECT WITH USWebsite: https://www.selfstorageinvesting.com/Facebook: https://www.facebook.com/selfstorageinvestingWhite 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 
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May 9, 2023 • 19min

7 Things Self-Storage Investors Must Do to Prepare for the Recession - Part 2

Send us Fan MailToday's episode is the second and last part of our series on recession-proofing your self-storage investments. In this installment, we'll cover the basics for an economic downturn and provide valuable tips to achieve your goals. Discover the top actions to keep your finances strong and be well-prepared to weather the storm of an impending recession.WHAT TO LISTEN FORVarious ways to generate cash for your business's futureWhy you should stress test your assets and entire portfolioThe importance of rightsizing your business Urgent advice for your long-term cash-flowing properties How to avoid mistakes during a recession and ensure your business’ survivalRESOURCES/LINKS MENTIONEDQuickBooks®  Online: https://quickbooks.intuit.com/online/#Conference & Trade Show: https://www.selfstorageevents.org/ CONNECT WITH USWebsite: https://www.selfstorageinvesting.com/Facebook: https://www.facebook.com/selfstorageinvestingTwitter: https://twitter.com/SelfStorageGuyLinkedIn: https://www.linkedin.com/in/scottameyers/Youtube: https://www.youtube.com/user/SelfStorageInvestingInstagram: https://www.instagram.com/self_storage_investing/Subscribe so you never miss a NEW episode! Leave us an honest rating and review on Apple Podcast.
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May 2, 2023 • 27min

7 Things Self-Storage Investors Must Do to Prepare for the Recession - Part 1

Send us Fan MailBefore the recession hits, it's crucial to evaluate your portfolio. Today's episode is the first of a 2-part series about recession-proofing your self-storage investments. Listen in to be thoroughly equipped for an economic downturn and become more assertive on the other side!WHAT TO LISTEN FORThe 4 phases of the real estate cycle and their characteristicsFactors that help us understand where the RE market is currentlyHow the current economic climate may affect the self-storage industrySelf-storage industry growth, trends, and opportunities for investorsEssential steps that will help you prepare for a recession RESOURCES/LINKS MENTIONEDREIT.com https://www.reit.com/ U-Haul  https://www.uhaul.com/CONNECT WITH USWebsite: https://www.selfstorageinvesting.com/Facebook: https://www.facebook.com/selfstorageinvestingTwitter: https://twitter.com/SelfStorageGuyLinkedIn: https://www.linkedin.com/in/scottameyers/Youtube: https://www.youtube.com/user/SelfStorageInvestingInstagram: https://www.instagram.com/self_storage_investing/Subscribe 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 
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Apr 11, 2023 • 37min

Thrive Amidst the Flux | Expert Strategies for Success in Commercial Real Estate Investment - Jeremiah Boucher

Send us Fan MailIn today's episode, Jeremiah Boucher delves into the evolving landscape of commercial real estate, providing valuable insights to assist investors in stabilizing their portfolios. We'll also talk about the importance of being well-informed and adaptable to changes in the industry, so tune in to position yourself for success in this dynamic industry.WHAT TO LISTEN FORThe economic climate and how it's affecting underwriting in the RE industryWhy you should balance capital preferences when investing in real estateMajor drivers of real estate that you can benefit from long-termChallenges and opportunities in the self-storage industryHow storage providers can benefit from a growing market of small businesses and individualsABOUT JEREMIAH BOUCHERJeremiah is a value investor specializing in acquiring and developing alternative commercial real estate assets. He learned the real estate business from the ground up and currently owns and operates a $200M-plus portfolio of high-performing commercial properties. He has had a hand in retail, office, industrial, multi-family, single-family, and all facets of commercial real estate, which is how he concluded that alternative commercial real estate assets are the highest-performing, risk-averse investments. He has built his private equity and real estate management and development company, Patriot Holdings.CONNECT WITH JEREMIAHWebsite: Jeremiah Boucher: https://jeremiahboucher.com/, and Patriot Holdings: https://www.patriotholdings.com/ LinkedIn: Jeremiah Boucher: https://www.linkedin.com/in/jeremiah-boucher/CONNECT WITH USWebsite: https://www.selfstorageinvesting.com/Facebook: https://www.facebook.com/selfstorageinvestingTwitter: https://twitter.com/SelfStorageGuyLinkedIn: https://www.linkedin.com/in/scottameyers/Youtube: https://www.youtube.com/user/SelfStorageInvestingInstagram: https://www.instagram.com/self_storage_investing/Subscribe 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 

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