PWS Pod

Switching to Self Storage from Apartments with Zach Quick


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Prior to self-storage full-time, Zach worked in various management roles at a Fortune 50 Retailer and Fortune 500 Staffing and Recruiting Firm. Zach owns and operates self-storage across the midwest (Arkansas, Missouri, Oklahoma currently).
 
[00:01 - 03:31] Opening Segment
Get to know Zach Quick
Nine Years in Real Estate
 
[03:32 - 10:03] Switching to Self Storage from Apartments
Zach’s Advantage Before the Curve
Why storage’s biggest enemy is storage
When is an area oversupplied and undersupplied?
In what market is Zach looking?
A Three-Mile Radius Business
Zach talks about using new technology
 
[10:04 - 21:56] The Secret Recipe for Self-Storage Success 
Where are People Finding Deals?
Zach’s Secret: A Plain Old Excel Spreadsheet
This is How to Close a Deal
Twofold: Zach’s Big Real Estate Investing Lesson
How Zach closes deals, finds money, and makes it happen
The Time Zach Spends on His Investments
The Future of Self-Storage
 
[21:57 - 30:19] Closing Segment
Quick break for our sponsors
Groundfloor offers short-term, high-yield real estate debt investments to the general public. Check www.passivewealthstrategy.com/groundfloor/ to get started.
What is the best investment you've ever made other than your education?
Marrying his wife and his first self-storage facility
Zach’s worst investment
Residential
What is the most important lesson that you've learned in business and investing?
“It sounds so simple, but I've read the book Profit First and applied it to each property for storage.”
Connect with my guest. See the links below.
 
Resources Mentioned:
Profit First
 
Tweetable Quotes:
“Storage, his biggest enemy is storage. ” - Zach Quick
“It never happens if you don't try either.” - Zach Quick
“Finding good people and then kind of laying out grid operations for them can make a huge difference in your stress levels and in your life. ” - Zach Quick
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Connect with Zach Quick through LinkedIn.  Visit their website https://www.zachquick.com/about. 
 
Invest passively in multiple commercial real estate assets such as apartments, self storage, medical facilities, hotels and more through https://www.passivewealthstrategy.com/crowdstreet/
Participate directly in real estate investment loans on a fractional basis. Go to www.passivewealthstrategy.com/groundfloor/ and get ready to invest on your own terms. 
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PWS PodBy Taylor The Investor