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In the 60th episode of Cash Flow Pro, we talk with Scott Meyers, founder, and CEO of Self Storage Investing. Scott began his real estate career purchasing single-family homes until he realized he did not want to deal with the hassle of property management. Today, he and his team have created more than two million square feet of storage portfolio. Self Storage Investing's sole goal is to provide tools to self-storage investors that will allow them to achieve financial freedom. The company has products, events, and coaching programs to help investors learn about self-storage real estate. In this episode, we discuss: Self-storage and conversion real estate Side hustles and drop shipping Running a self-storage unit Creating your investor's list Make sure to tune in on this episode to find out more! Find your flow, Casey Brown Resources mentioned in this podcast: selfstorageinvesting.com https://www.linkedin.com/in/scottmeyersselfstorage/
Financial Peace Without Losing the Thrill of Investing With Scott Meyers
Profit First for Real Estate Investors
In this episode, we got a chance to chat with the self-storage king himself, Scott Meyers. He’s an expert in the self-storage business and has an unwavering passion for sharing his experiences and wisdom to help others. He’s in the show to share some tips on how you can make your money work for you so you can focus on living your life exactly as you’ve always wanted. Listen to today’s show, and learn a thing or two from this savvy industry expert! Key Takeaways for This Episode:[1:45] How did Scott Meyers start in the real Estate investing world?[6:26] What early lessons did he learn about money, and how does that compare to his recent experiences?[9:12] What prompted him to implement the Profit First system? [11:50] Scott explains how he still uses reserves for growth [15:15] At the end of the day, you need to run things bright and stop putting your business and everyone in your team at risk[15:55] What does it take to have a business that is running, profitable and successful? [19:50] What does he want to pass on to the next generation regarding money?[23:07] Don’t get overleveraged. Have those cash reserves in place, and be prepared for that. [23:54] Surround yourself with people who are smart about money. Who also has reserves and cash.Quotable Quotes:[8:03] “We immediately learn that we have to turn the business around.”[8:20] “You have to have a little more runway, a little more cash reserves to weather any kind of storms.”[12:22] “We sometimes fall on that gap of continuing to plow every penny into our business, and we do it at the expense of leaving our cash reserves short.”[19:21] “If you want to be able to help people that are in that poverty, you can’t be in poverty yourself.” Links:Profit First Real Estate Investing by David Richter-https://simplecfosolutions.com/profit-first-david-richter/ Profit First by Mike Michalowicz- https://www.amazon.com/Profit-First-Transform-Cash-Eating-Money-Making-ebook/dp/B01HCGYTH4 Self Storage Investing - https://selfstorageinvesting.com/ The Pumpkin Plan by Mike Michalowicz- https://www.amazon.com/Pumpkin-Plan-Strategy-Remarkable-Business/dp/1591844886 Rich Dad Poor Dad by Robert Kiyosaki-https://www.amazon.com/Rich-Dad-Poor-Teach-Middle/dp/1612680194 Tired of living deal to deal? If you are a real estate investor or business owner who is tired of living deal to deal, and want to double your profits, head over here to book your no-obligation discovery call with me. Either myself or someone from my team will hop on a short call with you to get clear on your business goals, remove any obstacles holding you back, and map out a game plan to help you finally start keeping more of the money you work so hard to make. - David
How to Invest In Self Storage Units w Scott Meyers
Successfully Unemployed Show with Entrepreneurs Investors and Side Hustle
Self Storage investing is an amazing way to make money passively. You don't have to worry about toilets and other stuff that rentals do. Scott Meyers shows us how we can invest in self-storage units.Get the FREE Real Estate Investing Course: https://masterpassiveincome.com/freecoursesuYoutube: https://successfullyunemployed.co/youtube// WHAT TO WATCH NEXTStart a Podcast: https://youtu.be/YdKKwSSOnJAMake Money Online: https://youtu.be/WDkRHg3uxR0Flea Market Flipper: https://youtu.be/MYEoeQPT-5E//BEST BUSINESS COURSES I RECOMMENDStart Investing In Real Estate: https://masterpassiveincome.com/coachingStart an Online Business: https://successfullyunemployed.co/p24Start a podcast: https://successfullyunemployed.co/podcourseMake money on Etsy: https://successfullyunemployed.co/goldcityCreate a Facebook Ads Agency: https://successfullyunemployed.co/laptopempiresMake $ from nothing as a Flea Market Flipper: https://successfullyunemployed.co/fleamarketflipperLearn how to invest in land: https://successfullyunemployed.co/retipsterLearn more about Dustin and find resources to build an automatic real estate investing business:https://masterpassiveincome.com/NOTE: This description may contains affiliate links to products we enjoy using ourselves. Should you choose to use these links, this channel may earn affiliate commissions at no additional cost to you. We appreciate your support!
From BRRRR to Metal Boxes — How Scott Meyers went from King of Making Mistakes to King of Self-Storage
Profit First for Real Estate Investors
The self-storage king is on the show today, so better expect an explosive episode coming your way.Scott Meyers, also known as the nation’s leading expert in the self-storage business, is here to bring value and share his side of the story. He’s been the architect of several extremely successful real estate transactions. He is always ready to teach others about the business and help them correct their mistakes to achieve a higher level of success. In this episode, he’ll uncover the mystery behind that. Let’s find out how Scott implemented a process plan that made him run his business and leverage his way to the top! Key Takeaways for this Episode:[1:32] When did he first implement Profit First, and how was that journey?[2:52] People who are passionate about their businesses have to reinvest[5:02] Having a process and plan in place allows for making better decisions [6:12] What are some of the benefits of implementing this system?[10:39] How many storage units do he have, and how long has he been doing storage units?[13:00] The hardest lesson that he’s learned in real estate?[16:22] If you haven’t been on a personal journey of self-awareness, you don’t understand what it’s like to know your unique ability [17:34] Talk to people about investing in self-storage[19:44] Keep your ear to the ground and your eyes wide openQuotable Quotes:[3:10] “I am passionate about my business because I know that the leverage that it provides allows us to do more mission work and impact people’s lives.”[8:50] “It’s also freeing from just a personal standpoint to have that cushion and everything in place, so we can have the mindset to serve.”[15:36] “Getting an education, surrounding yourself with the right people allows you to move forward.”Links:The Self Storage Podcast- https://open.spotify.com/show/6l3jf0p0WT9jdEYZ90Q9kZ?si=71HgWYlaR2yj3nHXUg-tHA Self Storage Investing Website- https://selfstorageinvesting.com/ Tired of living deal to deal? If you are a real estate investor or business owner who is tired of living deal to deal, and want to double your profits, head over here to book your no-obligation discovery call with me. Either myself or someone from my team will hop on a short call with you to get clear on your business goals, remove any obstacles holding you back, and map out a game plan to help you finally start keeping more of the money you work so hard to make. - David
EP 82 | Scott Meyers - Create Passive wealth in real estate without the tenants, toilets & trash!
CEO Pulse Podcast
CEO Pulse Podcast EP 82 with Scott Meyers. Scott Meyers and his affiliated companies focus on the acquisition, development, and syndicating of self-storage facilities nationwide. He currently owns and operates over 2,200,000 square feet and over 13,000 units nationwide. His education organization, SelfStorageInvesting.com, provides courses, tools, live events and mentoring to help others launch their own self-storage business to enjoy a lifestyle as his saying goes, “ free from tenants, toilets, and trash!” His various companies are also very mission focused, and funded the construction of 12 houses in Mexico and the Dominican Republic by taking his staff, partners, and other associates on their all expense paid short term mission trips. www.selfstorageinvewsting.com CEO Pulse | The Real, The Raw & The Mind of Entrepreneurship This is your backstage pass into the stories, strategies, and psychology of top-performing entrepreneurs. Follow, Subscribe, Like & Share! Real Estate Coaching Program | www.reiwholesaling.com Full Access links | https://www.rafaelcortez.net/contact Stay Focused, You Got This! Rafael Cortez #ceopulse,#lessbusinessmoreprofits,#business,#startups,#entrepreneurs,#entrepreneurship,#levelup,#lifebydesign#marketing,#productivity,#leadership,#vision,#personalGrowth,#mindset,#businessstrategy,#businessManagement
People should have a basic understanding and grasp of what they are about to break into. The different things you should consider when investing in real estate, specifically in self-storage, are discussed by our guest in this episode. Like most real estate business people, Scott Meyers also started with single-family houses. However, he gradually expanded his business, got into apartments, and eventually into self-storage. Due to the success of his venture, he created and ran his real estate investor association. Tune in and learn how Scott helps people know the ins and outs of the industry before actually diving into it!Love the show? Subscribe, rate, review, and share!Here’s How »Join the Real Estate Investor Summit Community:reinvestorsummit.comReal Estate Investor Summit FacebookReal Estate Investor Summit TwitterReal Estate Investor Summit YouTubeMitch Stephen LinkedIn
How to invest in Self storage for passive income with Scott Meyers
Break Away from the Rat Race
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! Scott Meyers is the principal in 16 facilities totaling over 13,000 units and over 2.2 Million sf of Storage. He is also the Founder and President of SelfStorageInvesting.com (Self-Storage Profits, Inc.), a leading Self-Storage education company that offers courses, live events, and mentoring/coaching. His company was started in 2006 for the purpose of acquiring, developing and operating self-storage facilities, and has raised over $20 million in syndicates and private equity partnerships to fuel their growth.
E85: Scott Meyers - He eliminated the hassles of tenants, toilets, and trash with self-storage!
Scott Meyers, Founder of Kingdom Storage Partners, joins True Multifamily to share the benefits of investing in self-storage. He compares how multifamily is similar to self-storage minus the usual hassles of tenant management, toilets, and trash. With self-storage, Scott found a simpler, more predictable, and more manageable business model that works in a recession. He also shares that value add is the name of the game when it comes to self-storage investing, looking at how they can position themselves in a strong market while making it very accessible and easy for customers. Also, he shares his marketing tips, from building a crisp and clean website to innovating with accessible 24/7 kiosks. Follow, Share & Subscribe! True Multifamily: Website Facebook Instagram YouTube Justin Fraser's Social Media: Facebook Twitter Instagram LinkedIn Connect with Scott Meyers: Website Facebook Twitter Instagram LinkedIn
Private Money & Self-Storage Investing with Scott Meyers and Jay Conner
Raising Private Money with Jay Conner
Today on Real Estate Investing with Jay Conner, The Private Money Authority, Jay’s special guest Scott Meyers shares the world of Self-Storage Investing. Scott and his affiliated companies focus on the acquisition, development, and syndicating of self-storage facilities nationwide. He currently owns and operates over 2,200,000 square feet and over 13,000 units nationwide. His education organization www.SelfStorageInvesting.com provides courses, tools, life events, and mentoring to help others launch self-storage businesses to enjoy a lifestyle, as his saying goes “free from tenant, toilets & trash!” His various companies are also very mission-focused and funded the construction of 12 houses in Mexico and the Dominican Republic by taking his staff, partners & other associates on their all-expense-paid short-term mission trips. Timestamps:0:01 - Get Ready To Be Plugged Into The Money1:38 - Jay’s New Book: “Where To Get The Money Now”- https://www.JayConner.com/Book2:58 - Today’s guest: Scott Meyers5:44 - How Scott Meyers got started in the real estate business8:31 - Scott Meyers’ very first storage facility10:15 - Scott Meyers’ lesson learned on his first storage facility deal11:04 - What is syndication?13:29 - Does the storage investing business also offer multiple exit strategies?17:09 - Get connected with Scott Meyers - https://www.SelfStorageInvesting.com18:34 - How does the pandemic affect the Self-Storage industry?22:09 - No business strives unless it’s solving a lot of people’s problems23:10 - Scott Meyers’ recent projects 25:19 - Best way on starting with Self-Storage Investing business27:43 - Common mistakes that new self-storage investors make30:17 - Scott Meyers’ parting comments - “It’s when everybody is running out that you should be, not just running in but understanding what it means to be in the real estate business.” Real Estate Cashflow Conference: https://www.jayconner.com/learnrealestate/ Free Webinar: http://bit.ly/jaymoneypodcastJay Conner is a proven real estate investment leader. Without using his own money or credit, Jay maximizes creative methods to buy and sell properties with profits averaging $64,000 per deal. What is Real Estate Investing? Live Cashflow Conference https://youtu.be/QyeBbDOF4woThe Conner Marketing Group Inc.P.O. Box 1276, Morehead City, NC USA 28557P 252-808-2927F 252-240-2504Channelhttps://www.youtube.com/channel/UCZfl6O7pRhyX5R-rRuSnK6whttps://www.youtube.com/c/RealEstateInvestingWithJayConnerRSS Feedhttp://realestateinvestingdeals.mypodcastworld.com/rss2.xmlGoogle Playhttps://play.google.com/music/listen#/ps/Ihrzsai7jo7awj2e7nhhwfsv47yiTunes:https://itunes.apple.com/ca/podcast/real-estate-investing-minus-bank-flipping-houses-foreclosure/id1377723034Watch on ROKU:Roku https://my.roku.com/add/realestateinvestingRoku https://my.roku.com/add/realestateinvestingWatch on Amazon Prime:https://www.amazon.com/How-Locate-Real-Estate-Deals/dp/B07M9WNZR6/ref=sr_1_3