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.
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