Shows
Storage Investor Nation PodcastHow To Analyze A Market To Buy Or Build Self-Storage With Kris BennettKris Bennett of PassiveInvesting.com discusses how to analyze a market to buy or build self-storage. Kris walks us through the essential factors that shape a market's potential for lucrative self-storage investments. Kris explains how population growth, household incomes, and job growth are important indicators for a successful self-storage business. Learn how to evaluate supply and demand and get practical tips on reading vacancy rates and pricing for units in your target market. But the analysis doesn't stop there. Kris introduces the concept of the four D's—death, divorce, downsizing, and dislocation—as interesting yet limited factors in understanding stor...2024-01-2941 min
Storage Investor Nation Podcast5 Tips To Help You Close More Self-Storage Deals With Kris BennettIn this episode, Kris talks about resources you can use to review deals, why you should use storage experts, why population growth is important, and much more.2024-01-0118 min
Storage Investor Nation PodcastSelf-Storage Management Strategies With Mark PooleIn this episode, Kris Bennett of PassiveInvesting.com interviews Mark Poole, Director of Operations at Liberty Investment Properties, to talk about Mark’s self-storage management strategies. Mark discusses everything you want to know about leasing up a storage location, how to handle lease-up stalls, ECRIs: what are they and how they affect you, rent concessions, and much more. 2023-11-2729 min
Storage Investor Nation PodcastThe Rise Of Boat And RV Storage Investing With Devin Beasley And Amy BixKris Bennett of PassiveInvesting.com interviews Amy Bix, President of Toy Storage Nation, and Devin Beasley, Executive Director at Cushman Wakefield. In this episode, we cover the growth of boat and RV storage investing, how it's different from traditional self-storage, and what makes a class-A facility. We also discuss Toy Storage Nation and how their workshops equip investors to succeed in boat and RV investing and development. Use code "Passive" for $200 off your registration for the upcoming Fort Meyers Workshop, December 1, 2024. Website Toy Storage Nation | Boat & RV Self Storage News | Storage Facility Investor & Owner Trends: h...2023-11-2036 min
Storage Investor Nation PodcastSelf-Storage Tips For Beginners With Kris BennettKris Bennett of PassiveInvesting.com talks about the essential factors that every beginner should consider in self-storage investing. He opens with the pivotal aspects of development and acquisitions in the self-storage world. Exploring topics such as location, population growth, income levels, and facility size, he sets the stage for what to look for in a promising investment. With an engaging and relatable approach, Kris reminds us why it's crucial to pay attention to the economic heartbeat of an area, ensuring that the demand for storage space aligns with the population's growth. Tune in and join us as we learn...2023-11-1321 min
Storage Investor Nation PodcastNegative Leverage: An Unnecessary Risk for Real Estate InvestorsIn this episode, Kris Bennett of PassiveInvesting.com talks about negative leverage and its impact on real estate investors. With high-interest rates and stubborn cap rates, investors are becoming more sensitive to negative leverage and choosing to sit out this part of the cycle. Learn about the risks of negative leverage and how to avoid it. So, what are you waiting for? Join in today’s discussion with Kris Bennett!2023-11-0617 min
Storage Investor Nation PodcastRates Are Down - A Summary Of The Yardi Matrix Self-Storage Report With Kris BennettIn this episode, Kris Bennett of PassiveInvesting.com discusses the October 2023 Yardi Matrix Storage Market Update and the implications for storage investors going forward. Kris jumps into the numbers, and the report shows that New York City is doing well in today’s market and explains why it is different from other cities. He also discusses the development, applying the data to your decision-making process, and examples of what’s happening today. So, hop onto this episode and learn more from today’s Yardi Matrix Storage Market Update with Kris Bennett. If you want to download the report, you can vis...2023-10-3016 min
Storage Investor Nation PodcastRecommended Self-Storage Investing Resources With Kris BennettIn this episode, Kris Bennett breaks down the must-have resources that can guide you on your self-storage investment journey. Based on his 6-year experience in the industry, Kris covers it all— from the REIT data and conferences to books and online resources to help you become a better, well-informed investor. He even discusses the self-storage REITs and their 10K reports, exploring deeper how these giants operate in the industry. Kris explains everything to help listeners understand what they want, how to start, and where to get it. Tune in to transform your investment game with the best self-storage resources....2023-10-2324 min
Storage Investor Nation PodcastInstitutional Self-Storage With Ryan SmithDan Hanford of PassiveInvesting.com interviews Ryan Smith, Co-Founder of Elevation Capital Group. With over two decades of experience, Ryan shares his insights into how he built their business, managed growth, and created lasting wealth. He discusses the self-storage market, raising capital (and why they don’t project returns), buying deals cash, the unique aspects of self-storage acquisitions, and more. Ryan also discusses the role of automation and artificial intelligence in redefining the customer experience and how, despite the digital revolution, the human touch still plays a vital role in the success of self-storage facilities. Ryan believes in the po...2023-10-1648 min
Storage Investor Nation PodcastInvesting In Your Health: The Ultimate Asset With Kris BennettIn this episode, Kris Bennett of PassiveInvesting.com dives deep into the value of investing in our health, the ultimate asset in life. He shares how the loss of his father and personal health issues helped him understand that there are things more important than building wealth. Sometimes, when life and work become demanding, we tend to forget to take care of our bodies. Kris highlights how we need to look after both our physical and mental wellbeing. He also shares resources and encouragement to help you see how important your health is. Let’s pause wealth building for a m...2023-10-0928 min
Storage Investor Nation PodcastInterest Rates & The Wall Street Journal: 2 Things To Expect In 2024Kris Bennett of PassiveInvesting.com discusses two recent Wall Street Journal articles about interest rates and their effect on households, Wall Street, and the broader self-storage market for 2024. The first article, "Higher Interest Rates: Not Just for Longer, But Maybe Forever," covers how the Federal Reserve's latest moves signal a shift in the financial landscape. For the second article, "How US Households Got Turned Upside Down by Higher Interest Rates," Kris discusses how it highlights the surprising resilience of consumers in the face of rising rates and the astonishing trends that have emerged. Tune in to learn more about...2023-10-0212 min
Storage Investor Nation PodcastEvaluating Self-Storage Investment OpportunitiesWhat are the key factors to consider when evaluating self-storage investment opportunities? Kris Bennett shares how to assess the market demand for self-storage in a particular area and how to manage the operational and financial aspects of such an investment.2023-09-2535 min
Storage Investor Nation PodcastThe Secrets Of Self-Storage Management With Atomic Storage Group’s Magen Smith And Rick BealKris Bennett of PassiveInvesting.com interviews Atomic Storage Group’s Magen Smith and Rick Beal to uncover the secrets of self-storage management. One thing is for sure: when it comes to finding success, you can’t do everything yourself. If you're thinking of hiring a property manager for your self-storage facility, this episode is for you. Atomic Storage Group is a national third-party management and consulting group that provides the self-storage industry with a wide variety of services. Magen and Rick take us deep into the many ways they help those in the industry along with the commonly asked ques...2023-09-1848 min
Storage Investor Nation PodcastSelf-Storage Market Update Summer 2023 With Kris BennettWhat does the self-storage market look like as we head into the end of 2023? Join us for a gripping exploration of the Self-Storage Market Update for Summer 2023 with your host, Kris Bennett. In this episode, Kris discusses how the market is in flux. She dissects the article, “How to Play the Property Meltdown in Five Charts”, and explores why there's an eye-popping $200 billion of dry powder on the sidelines, itching to pour into commercial real estate. She also uncovers how the bid-ask spread is wider than ever, leaving deals hanging in the balance. Throughout the episode, Kris shares how to f...2023-09-1123 min
Storage Investor Nation PodcastCreating Trinity And Real Wealth With Gary ChessonSuccess in real estate and partnerships isn't just about deals; it's about building a culture of shared prosperity and unending growth. With a wealth of experience and a thriving career, Gary Chesson co-founded Trinity Capital Advisors, a prominent real estate investment and development firm. In this episode, Gary will discuss creating trinity and real wealth. He takes us on a journey through the world of real estate, partnerships, and building lasting success. He touches several business principles such as the power of equal profit sharing in partnerships, understanding the dynamics of property and capital markets, and more. Gary also...2023-09-0442 min
Storage Investor Nation PodcastFinancing Your Self-Storage Deal With Adam KarnesKris Bennett of PassiveInvesting.com interviews Adam Karnes, Vice President of the BSC Group. His eight years of experience doing self-storage deals with BSC Group, loaning over two to three billion dollars and closing over 400 loans, proves his expertise in today's conversation. Adam kicks ideas around financing self-storage deals and what matters to lenders when lending to investors. He also sheds light on how individuals can navigate through the finance side to become a debt broker. Tune in to this episode before you delve into the self-storage space. Learn from the different scenarios Kris and Adam set in self-storage...2023-08-281h 00
Storage Investor Nation PodcastRaising $150 Million for Self-Storage Development with Cory SylvesterKris Bennett of PassiveInvesting.com interviews Cory Sylvester of DXD Capital on how he raised $150 million for self-storage development. He explains how he built his development team and found the right investors who took a chance on their prospects. Cory discusses finding the best business partners, the three main factors to consider when looking for potential development sites, and why he favors Bluetooth-operated lock systems over lock and key models. He also shares insights about the Wall Street Journal article that points out the supposed declining rates across the REITs and Public Storage’s acquisition of Simply Self Storage fr...2023-08-2157 min
Storage Investor Nation PodcastDoing 20 Self-Storage Conversions At Once With Jonah HallKris Bennett of PassiveInvesting.com interviews Jonah Hall, Co-Founder of Smartlock Self Storage. In this conversation, he talks about the benefits and the challenges of doing 20 self-storage conversions at the same time. He explains why they take a conservative approach when underwriting deals, how they determine if a property should either be sold or refinanced, and the right time to deal in smaller markets. Jonah also shares how they manage everything in-house, why they prefer smartphone transactions over big-screen kiosks, and his opinion about properties having key locks.2023-08-141h 07
Storage Investor Nation Podcast2023 Mid-Year State Of The Self-Storage Market With Jeff Adler And Tyson HuebnerKris Bennett of PassiveInvesting.com interviews Jeff Adler and Tyson Huebner, the VP and Director of Institutional Research at Yardi Matrix, to take on the 2023 mid-year state of the self-storage market. The rental rates are decelerating in every market. Although new clients’ rents are decreasing, the existing customer rates are increasing. Because we are heading into a recession, the economy is slowing on the consumer side but perplexingly increasing the demand for storage when there’s a big dislocation of people when they lose their job. Dan, Jeff, and Tyson discussed many things, including using data to look for oppo...2023-08-0737 min
Storage Investor Nation Podcast181-Unit Edinburgh Self-Storage In Edinburgh, IN With Chip Stroz, Self-Storage InvestorDan Handford and Kris Bennett of PassiveInvesting.com interview Chip Stroz about their 181-unit self-storage facility in Edinburgh and their journey from finding the listing, partnerships, financing, and the challenges of managing the business. Tune in and get inspired by Chip’s story as a first-time investor and get valuable tips on things to consider before getting your money locked down in a storage facility. 2022-05-3030 min
Storage Investor Nation Podcast190-Unit Self-Storage Facility Bronson, FL With Michael Wagner, Storage Investing ExpertOn today's episode of the Storage Investor Nation Podcast, meet Michael Wagner, the founder of The Storage Rebellion. Michael recently just bought a 190-unit self-storage facility in Bronson, FL and he's here to talk about the deal. Join your host Dan Handford as he talks to Michael on how he found the deal, how due diligence was done, and more. Learn how Michael manages the rates of rent and how to buy a property with private debt. Find out how this self-storage facility in Florida held up.2021-11-0838 min
Storage Investor Nation Podcast175-Unit Radiant Central City In Central City, LA With Powell Chee, Self-Storage Investing ExpertWhen COVID hit, many people had to transition careers or pivot their businesses in order to survive. For Powell Chee, the global pandemic made him rethink about his real estate investing game which was mainly focused on multifamilies. Knowing he wasn't going to purchase any multifamily for at least six months when COVID hit with the rent evictions, moratoriums, and all the turmoil going on, he started to look at different asset classes and was pulled towards self-storage. On today’s show, Powell joins Dan Handford to dive into the 175-unit Radiant Central City Storage in LA, sharing how he...2021-08-1845 min
Storage Investor Nation Podcast343-Unit Arnold Self-Storage in Midland, MI with Russell Nersesov, Self-Storage InvestorEver heard the expression, “Your network is your net worth?" Today’s guest, Russell Nersesov, proves that to be incredibly true. Listen in to hear how someone in his mastermind group literally handed him his first deal, how he made over a million dollars on closing day, and why he thinks storage is better than multifamily – with real numbers to back it up!2021-06-1443 min
Storage Investor Nation Podcast94-Unit Storage Spot in Midway, GA with Kenneth Hayes and Khary Kemp, Self-Storage Investing ExpertsWant to find a great partner for your self-storage business? Look around! Today’s guests – Kenneth Hayes and Khary Kemp both worked in IT, but really wanted to get out of the rat race and start building wealth through real estate. Listen in to hear how Kenneth’s dad planted the REI seed at a young age, how they utilize tech to make their operations highly efficient and keep costs low, and how they won over the seller by showing up and being persistent.2021-06-0738 min
Storage Investor Nation Podcast84-unit Morganton Storage in Morganton, NC with Masha Klapanova, Self-Storage InvestorHow do you get that first deal? What if you don’t have any experience? What if the first 10 banks you talk to won’t lend you money? If you’re running into obstacles closing that first deal, or just need some encouragement that persistence pays off, do not miss today’s episode. Masha Klapanova of Top Choice Investment Group shares an incredible story of moving from Russia, deciding on her ONE thing, and incredible persistence. Listen in to hear how she found an amazing deal, called over 130 banks before one agreed to lend on her project, and how she form...2021-05-3141 min
Storage Investor Nation Podcast53-Unit Boxed Self-Storage in Hayesville, NC with Jason Polanco, Self-Storage InvestorHow do you build a cash flowing storage business while working a full-time job? Jason Polanco breaks down how he acquired a 53-unit self-storage facility in a small town during Covid, and how he’s managing and growing it remotely. Listen in to learn why: he thinks small markets can actually be better, how he leverages and incentivizes his team to manage the property well, and why cash flow has been the easy part.2021-05-1737 min
Storage Investor Nation Podcast250-Unit Clutter Busters in Midland, NC with Kris Benson, Self-Storage Investing ExpertHow do you sell 20% of your portfolio every year, and still maintain a thriving self-storage business? Kris Benson of Reliant Investments joins us on the podcast today to dive into just that. He breaks down how they’re nearly doubling the size of a recent acquisition of North Carolina, exactly what they’re doing to add value and force appreciation, and he and Dan discuss the merits of the fund model vs single asset syndication. If you want to scale a self-storage business and attract a lot of investors, this episode is right up your alley.2021-05-1038 min
Storage Investor Nation Podcast206-Unit Storage Plus of Pine Bluff in Pine Bluff, AR with John Manes, Self-Storage Expert“If you found a million dollars on the ground, would you pick it up?” On the podcast today, John Manes of Pinnacle Storage Properties shares an incredible story of how he found, negotiated, financed, acquired, and is now adding massive value to a 206-unit self-storage facility in Pine Bluff, AK. Listen in to learn exactly how he negotiated unbelievable seller financing terms with the owner, acquired additional land, and how he partnered with a former NFL QB to get it done.2021-05-0347 min
Storage Investor Nation Podcast440-Unit Dollar Smart Storage in Martinsville, VA with Brent Wright, Self-Storage InvestorHow do you own a market, and generate crazy cashflow in a market that everyone else overlooks? Curious what it’s like to raise capital on a crowd syndication platform? Brent Wright of Pamlico Investments joins us today to break down exactly how they identify what markets to enter, with little to no competition. Listen in to hear how they utilize tech and great people to achieve economies of scale, high levels of brand awareness, and increase collections and customer satisfaction all at the same time.2021-04-2243 min
Storage Investor Nation Podcast580-Unit Platform III – Floyd Street Self-Storage Facility in Louisville, KY with Scott Krone, Self-Storage Investing ExpertOn the debut episode of the Storage Investor Nation podcast, Scott Krone of Coda Management Group breaks down how they’re turning the “ugliest building they ever bought” into a cash flowing machine. This is a value packed episode, so listen in to learn how he’s carved out a niche in the very competitive self-storage space, how Covid has made actually made something easier, and why they did 9 months of due diligence before pulling the trigger.2021-04-2133 min
The Storage Investor ShowWhat Passive Investors Want with Dan HandfordIn This Episode:How do passive investors decide to invest with someone?How do passive investors evaluate deals?What does it take for a loan guarantor to feel comfortable with a sponsor?How often should sponsors distribute cash and update investors?What is vital to passive investors? (hint: communication!)Dan answers these questions and more!Guest Info:Dan Handford is a Managing Partner of PassiveInvesting.com, a private equity real estate investment firm focused on the acquisition of stabilized, institutional apartment communities across the U.S. Dan is also the...2020-12-0831 min