He travels the country revealing why self storage has become the hottest sector in commercial real estate over the past 30 years that virtually nobody has heard about. The only downsides i see to self storage are 1 limited exist strategies. Indianapolis, in, december 12, 2019 scott meyers of kingdom storage holdings and self storage investing would like to congratulate their. This series kicked off for the first time in 20, which is the year that the debut novel was published.
And in todays episode scott meyers shares his strategies and how selfstorage investment is practically recession proof. We hold a range of training events to help you develop your self storage business. The self storage mastermind is made up of a group of elite self storage investors who gather for intensive meetings four times per year in beautiful locations around the u. Get insider advice on how to prepare your selfstorage business written by scott meyers, of inside self storage, scott discusses some tactics to prepare. I have shared my strategies with thousands of people all across this great country and making several millionaires in the process. Scott meyers self storage investing how to analyze a. Scott meyers is someone ive heard about for years, and hes one of the prominent names in the online education space for selfstorage investing. Selfstorage valuator, an investment software product created by industry marketing expert scott meyers, is now available for purchase from minico insurance agency, llc. Let scott meyers self storage s leading expert, teach you how to take advantage of the opportunities available in todays market. Educated at the university of michigan, scott meyers self storage owned and operated alcatraz storage in indianapolis before branching out into the investment education business. May 16, 2012 scott meyers shows you how to start a self storage business including self storage analysis, market analysis, deal structure, management and tips and resources to develop a self storage facility. So, as i continued to think and work through this process over the next several days, i realized that my passion still lied with real estate.
I also discovered that the main reason i was in this mess was because i was in the business of renting space to. Scott meyer has been a radio dj, a standup comic, a writer for video games, an office manager, and a pretend ghost bellhop. View scott meyers self storages profile on linkedin, the worlds largest professional community. The nations top educator on self storage real estate investing connect with scott to find out ways to improve your. How to invest in selfstorage kindle edition by duffy, scott, kliebenstein, rk, behrens, poppy, poppy behrens. This is a real estate investing niche ive had a ton of interest in for a lot of years, so i was thrilled that we were able to get him on. Mt washington selfstorage is conveniently located just off hwy 44 between mt. This publication is designed to provide accurate information with regard to the subject matter. Self storage investing is the hottest sector in commercial real estate over the past 30 years.
My name is scott meyers and im the nations leading authority. Scott did get his start with wholesales, short sales, and rentals, but with the dotcom crash in the late 90s and the housing crashing in the mid2000s, scott wanted to try something different. The company was started in 2006 for the purpose of acquiring, developing and operating selfstorage facilities. I am known as the nations leading expert in selfstorage. Also, please drop me a line when you close your first deal or pass a milestone like passing your current income. Credibility website for scott meyer, self storage investor. Scott began his real estate investing career back in 1993 having acquired over 400 rental units including single family homes and apartments, industrial buildings, commercial office buildings, and warehouses. My name is scott meyers and im the nations leading authority on self storage investing and i have been teaching thousands of people across the country how to create wealth in real estate without the hassles and expense of dealing with tenants and toilets. Scott meyer is the creator and the author of the magic 2. Scott is an outside counsel to the national self storage association, legal counsel to a number of state self storage associations, a frequent lecturer at national self storage conventions and is a contributing legal writer for trade magazines such as the mini storage messenger, inside self storage and the globe. Register for self storage investing free masterclass on how to dominate the hottest corner in commercial real. Members rub shoulders with other top 1% self storage entrepreneurs, share invaluable investing strategies, and get access to millions in capital and dealflow opportunities.
The top 10 reasons why self storage is the hottest sector in commercial real estate chapter 1. Scott will share with you the top 10 reasons for investing in self storage that enabled him to dump all his single family homes and apartments and all the hassles of needy tenants and leaky toilets, and create a small self storage empire. There is scott meyers self storage academy, there is mark. Minico offers self storage valuator investment software. Taught by selfstorage expert scott meyers scott was once teetering on the verge of bankruptcy while managing a portfolio of over 400 tenants and toilets. Self storage profits amazon simple storage service. Self storage is creating a minirevolution all across the country and giving thousands of people the ability to create wealth right from their living room or favorite coffee shop. Self storage academies scott meyer, mark helm, alia ott etc. Ive used scott s self storage investing products to successfully buy a self storage property and triple the value in 18 months. He retired from active involvement with it at the end of 2015, having devoted over 25 years to its advancement.
How can you prepare your self storage business for a. Written by scott meyers no part of this book may be reproduced in any form nor used for teaching purposes without the express written permission of the author. You lose patience with the obstacles holding you back. Looks like there are few training options for self storage that i have come across. The second book in the series was released for readers to enjoy in 2014 and is titled spell or high water. However, i personally dont consider myself a self storage investing expert in all aspects of the industry as many have labeled me. Scott meyers president self storage investing linkedin. Contact self storage investings customer support at 8666935999 now for your inquiries or request of information. Scott meyers and his family have also visited europe, central america, and the caribbean. The good, the bad the dangerous and the ugly of self. Like all other real estate investments, self storage shares the same attractive qualities as residential. Scott meyers how to buy self storage facilities training class. The longtime storage professional belongs to the entrepreneurs organization and the self storage association and maintains his real estate license in indiana, which he utilizes in buying.
The insurer offered 10% of the ho policys coverage c limit, saying it is clear from the language that any personal property that would normally be kept in the insureds home, but is not there when the loss occurs, would be subject to 10% of the. In this ebook, i reveal why self storage has become the hottest sector in commercial real estate. My name is scott meyers, and i am known as the nations leading expert in the self storage business. Scott meyers will show you how to analyze a self storage facility and its market. A few months ago, seth and i had the privilege of interviewing self storage investing expert scott meyers in episode 28 of the retipster podcast.
Recurring billing the easy storage management software will automatically charge your tenants each month via ach or debitcredit cards. Scott meyers investment opportunities in self storage. We reveal the most profitable secrets in self storage here. Scott, hands down, has some of the best content out there on the subject of selfstorage. With sfh as rentals you can always sell to a family. As i understand it, i am the nations foremost self storage guru. Self storage investing investing in commercial real estate. Scott meyers,cssm is the owner and president of alcatraz storage which operates several self storage facilities in the midwest. Minico offers self storage valuator investment software from. Our self storage software program comes with a stateoftheart website that allows your tenants to book units and make payments online. My name is scott meyers, and i am known as the nations leading expert in the. View scott meyers profile on linkedin, the worlds largest professional community. I am currently negotiating to buy my second deal and while i am realistic that not every deal will be a home run like the first one, i can say without hesitation that scotts program is legitimate and self storage is a phenomenal industry with unbeatable expense ratios. Scott meyers is someone ive heard about for years, and hes one of the prominent names in the online education space for selfstorage investing this is a real estate investing niche ive had a ton of interest in for a lot of years, so i was thrilled that we were able to get.
Hi scott,this is david babb wanted to share with you a success story. Learn from us how you can use your sdira to invest in self storage projects. Scott meyers, cssm, is the nations leading self storage educator. After attending the sell storage academy cody babb and i were really charged up and got started looking to purchase our first facility together. Scott meyers self storage mentor self storage investing.
It is more than a bunch of stalls with steel rollup doors. Your self directed ira can be a great vehicle to tap into so you can put those investment dollars to work. The 7 biggest misconceptions about unmanned facilities storedge. Scott meyers, cssm order the complete guide to finding, evaluating, and purchasing self storage facilities today.
After becoming a penniless landlord in the single family rental and apartment business, he began investing in selfstorage. I remember walking away from that interview almost shellshocked at the potential that self storage facilities seemed to have as a real estate investment, and i wanted to really dive deeper and see if this investment strategy would be worth me. Now im happy to be focusing solely on purchasing and developing multimillion dollar, state of the art, self storage facilities. This episode is about ways to mitigate risk in the next recession, why selfstorage will cont. Use features like bookmarks, note taking and highlighting while reading how to invest in selfstorage.
Self storage blueprint for success by scott meyers goodreads. With self storage, it cant be sold as much other than self storage 2 for now it is a job. To help learn the business and set good processes im actively involved in managing. Jump start your self storage business with the help of scott meyers through a variety of self storage solutions that are proven with years of experience and success. Let scott meyers self storages leading expert, teach you how to take.
He is a certified self storage manager cssm through the national self storage association. Scott meyers events traction real estate investors. Mt washington self storage is conveniently located just off hwy 44 between mt. Scott meyers self storage investing how to analyze a self. It was only after becoming a penniless millionaire in the singlefamily and apartment business and a near bankruptcy experience managing several hundred tenants and toilets that scott decided to make a lifestyle change by selling all those time draining, money zapping properties, and began to buy thousands of self. After becoming a penniless landlord in the single family rental and apartment business, i began. A funny thing happens when you nearly drown you start to think about what you really want to do with your life. He is a certified self storage manager cssm through the. We as a team found a 20,800 sqft reo that previously had a 600,000. Scott meyers shows you how to start a self storage business including self storage analysis, market analysis, deal structure, management and tips and resources to. Scott states that selfstorage may be one of the safer real estate sectors during an economic downturn, but. Since then the company has bought and sold 30 plus self storage facilities, comprising approximately 7,000 plus units and over 1,00,000 s. However, this limitation does not apply to personal property. Real estate investing profit masters by cory boatright.
Cubesmart self storage fort myers 3333 cleveland ave. In the world of selfstorage, to my knowledge, it seems that there are only two educators who seem to really know their stuff, and scott is one of them the other is mark helm, though outside of his book, i havent had any direct experience with him. Aug 23, 2012 scott meyers will show you how to analyze a self storage facility and its market. Nov 01, 2012 selfstorage valuator, an investment software product created by industry marketing expert scott meyers, is now available for purchase from minico insurance agency, llc. Last week, i heard from an agent whose customer had an almost sixfigure claim for damage to personal property in a selfstorage warehouse. Sep 05, 20 scott meyers self storage investing powerpoint will show you how to find, evaluate, fund, and add value to your self storage facility investment. Amazon photos unlimited photo storage free with prime. Ive used scotts selfstorage investing products to successfully buy a self storage property and triple the value in 18 months. The product is designed to help users identify strong investment opportunities and acquire facilities with confidence. About scott meyers self storage scott meyers self storages. Complete guide to finding, evaluating, and purchasing self. Off to be the wizard is the first novel in the magic series by author scott meyer. Unfortunately, most books and courses on the selfstorage industry focus on the wrong way.
I am currently negotiating to buy my second deal and while i am realistic that not every deal will be a home run like the first one, i can say without hesitation that scott s program is legitimate and self storage is a phenomenal industry with unbeatable expense ratios. Or, you can partner on projects with a team, like us here at scott meyers, who already has a proven process. Scott meyers self storage investing how to start a self. Find all the books, read about the author, and more. During his career, he was a frequent speaker at conferences and trade shows. There are two ways to buy and operate selfstorage facilities. Definition of self storage the history of self storage. Cfri how to buy self storage facilities with scott meyers. Written by scott meyers, cssm no part of this book may be reproduced in any form nor used for teaching. Scott meyers in rental property owner real estate investor podcast. He retired from active involvement with it at the end of 2015, having devoted over 25 years to. New self storage investing facility owner benzinga. Nov 16, 20 a funny thing happens when you nearly drown you start to think about what you really want to do with your life.
If you love reading zany stories that are full of creativity and are certainly unique, then check out this first book in what you will agree is an imaginative series. Scott meyers is one of the leading expert in the selfstorage business helping self storage investors investing in commercial real estate. Download it once and read it on your kindle device, pc, phones or tablets. I read and respond personally to every letter i get, because im committed to seeing you succeed. Scott meyers events traction real estate investors association. Scott meyers is the president of self storage profits, inc. A few months ago, seth and i had the privilege of interviewing selfstorage investing expert scott meyers in episode 28 of the retipster podcast i remember walking away from that interview almost shellshocked at the potential that selfstorage facilities seemed to have as a real estate investment, and i wanted to really dive deeper and see if this investment strategy would be worth me pursuing. Noi cap rate monthly cash flow cashoncash return cost. Self storage investing home study course by frank rolfe. Homeowners coverage for personal property in selfstorage.
Please book your appointment to talk through which would be the best event. Use features like bookmarks, note taking and highlighting while reading self storage blueprint for success. Industry overview definition of self storage the history of self storage self storage tenants clients the current state of the market chapter 2. One mans journey into the world of self storage kindle edition by mark helm author visit amazons mark helm page. The selfstorage industry is much more difficult and complicated than it looks. About scott meyers expert in the self storage business. Written by scott meyers no part of this book may be reproduced in any form nor used for teaching purposes without. Your browser does not support flash or does not have it installed. We also have a limited number of parking spaces for clients with large rvs, boats and campers. Scott meyers self storage investing powerpoint will show you how to find, evaluate, fund, and add value to your self storage facility investment. Hes now here to share several strategies from his system and how simple it is and how well it works. In this e book, i reveal why self storage has become the hottest sector in commercial real estate.
We acted quickly and used techniques we learned from you. In episode 28 of the retipster podcast, we get to interview one of the leading experts on selfstorage units. An entrepreneur, speaker, executive, and philanthropist, scott meyers heads self storage profits, inc. See the complete profile on linkedin and discover scotts.
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