The Mentor Podcast

Episode 38: The Stability of Self-Storage, with Scott Meyers


Listen Later

Scott Meyers is known as the nation’s leading expert in Self-Storage. After becoming a penniless landlord in the Single Family Rental and Apartment business, he began investing in Self-Storage.  He “Saw the Light” and quickly sold all his Single Family Rentals & Apartments to create a small empire of Self-Storage facilities nationwide. His companies focus on syndicating Self-Storage Deals and helping others launch their own Self -Storage Business to enjoy a lifestyle free from Tenants, Toilets, and Trash!

What you’ll learn about in this episode:
  • How Scott got into the self-storage business, and why he believes you should consider investing in self-storage yourself
  • Why the 1999 market recession caused Scott to leave single and multifamily housing and move into self-storage
  • What benefits you can expect from investing in self-storage instead of the housing market
  • Why self-storage is a great investment prospect to bring private equity investors to the table
  • How you can convince sellers to stay in the deal and reinvest in the self-storage, to avoid capital gains taxes
  • Why self-storage is recession-proof and inflation-proof, making them an attractive option to help you weather a poor economy
  • What benefits come from buying distressed self-storage properties, and what benefits come from building ground-up
  • How to use self-storage for 1031 tax-deferred exchanges to get out of residential real estate you don't want anymore
  • How to get access to a digital copy of Scott's incredible self-storage home study system
  • Why a real estate crash is on the horizon, and why now is the best time to get into self-storage to be prepared for it
Additional resources:
  • Website: www.thementorpodcast.com/selfstorage/

 

...more
View all episodesView all episodes
Download on the App Store

The Mentor PodcastBy Ron LeGrand

  • 4.8
  • 4.8
  • 4.8
  • 4.8
  • 4.8

4.8

70 ratings


More shows like The Mentor Podcast

View all
Wealth Renegade by Robby Butler

Wealth Renegade

0 Listeners