How can you transform abandoned spaces into multi-million dollar assets while achieving financial, time, and location independence?

 

In this insightful episode, Clint Harris shares his journey from medical sales to real estate investing and self-storage conversions. Clint breaks down his evolution through house hacking, Airbnb, and multifamily investments, leading to a lucrative strategy of adaptive reuse with self-storage. He discusses the value of asset class conversion, the challenges of scaling, and his vertically integrated approach to managing storage facilities.

 

[00:01 - 05:11] From Pacemakers to Properties

• Clint’s transition from medical sales to real estate investing
• House hacking his first duplex as an entry point
• Early lessons from single-family investments

 

[05:12 - 10:26] Mastering Airbnb and Scaling Up

• Scaling to 14 Airbnbs and building a management company
• Challenges of balancing cash flow with independence
• Transitioning from short-term rentals to self-storage

 

[10:27 - 15:48] Cracking the Self-Storage Code

• Adaptive reuse: converting Walmarts and Kmarts into storage units
• How Clint raised $700K for his first project
• Key advantages of self-storage compared to traditional real estate

 

[15:49 - 20:33] Scaling with Vertical Integration

• The importance of controlling acquisitions, construction, and management
• Achieving financial independence through forced appreciation
• The pitfalls of retail investment strategies

 

[20:34 - 24:07] The Power of Asset Class Conversion

• Why commercial properties offer greater scalability
• How incremental rent increases drastically boost valuations
• Scaling from $150M to a $1B portfolio

 

Key Quotes:

 

"What we’re really all looking for is financial, time, and location independence.” – Clint Harris

 

"The value is not in swinging the hammer; it’s in converting the asset class.” – Clint Harris

 

 

Connect with Clint:

 

Website: https://nomadcapital.us

LinkedIn: https://www.linkedin.com/in/clint-harris-543265139/

YouTube: https://www.youtube.com/channel/UCe0F1abrRXQX2KpSl5qEnoA 

Podcast: https://podcasts.apple.com/us/podcast/truly-passive-income/id1693667029

 

 

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