November 15, 2024

The Secrets to Self-Storage Success with Scott Myers

Episode 172:

You may know Scott Myers as the self-storage expert, with over 20 years of experience and a reputation as a national authority in the industry. Scott has owned, developed, or managed over 28,000 storage units and more than 5 million square feet of self-storage space. In this episode, he joins Ron LeGrand to share his journey and proven strategies for building a thriving self-storage business. Whether you’re just starting or looking to scale, this episode is packed with actionable insights.

What you’ll learn about in this episode:

  • How Scott transitioned from residential real estate to self-storage and built an empire.
  • Why self-storage is a recession-resistant, low-maintenance investment opportunity.
  • How to get started in self-storage with little money or credit using creative financing strategies.
  • The power of partnerships and raising capital to scale your business.
  • How to leverage technology to run unmanned self-storage facilities and cut costs.
  • Scott’s reflections on the mistakes he made early in his career and the lessons learned.
  • Why starting sooner could have made all the difference in his journey.
  • How Scott uses his business to give back and support charitable causes.
  • The most common size of self-storage units today and how the market has evolved.
  • Why self-storage is not just a real estate play but a lifestyle business for long-term wealth and impact.

Resources:

Leave a Comment

Your email address will not be published. Required fields are marked *