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