In this installment of the Optimal Wealth
Podcast, our host, Jarod Alexander dives
deep into the world of real estate investment, focusing on a niche that has
seen remarkable growth in recent years: storage units. Special guest, Erick
Hemingway, the visionary behind Nomad Capital, shares his journey and expertise
in transforming underutilized spaces, such as former Kmart buildings and old
mills, into highly profitable storage facilities.
Erick and Nomad Capital stand out in the real estate
investment realm through their innovative approach of being vertically
integrated, handling everything from construction to property management
in-house. This episode not only sheds light on the investment potential that
storage units offer but also details the operational efficiencies and strategic
advantages of controlling the entire investment lifecycle.
Listeners will get an inside look at Erick's
investment philosophy, the challenges he's overcome, and the successes he's
celebrated throughout his journey. Whether you're an experienced investor or
just curious about new opportunities, Erick's insights provide valuable lessons
on spotting potential, leveraging vertical integration, and maximizing returns
in the storage unit market.
Full Episode: https://youtu.be/Fr_8z1PIwL8
Books:
Rich Dad Poor Dad - https://www.amazon.com/Rich-Dad-Poor-Teach-Middle/dp/1612680194
Connect with Erick Hemingway
6104313855
LinkedIn - https://www.linkedin.com/in/erik-hemingway-27b41149/
Learn more about the
Optimal Equity Group
