Private Money & Self-Storage Investing with Scott Meyers and Jay Conner

Private Money & Self-Storage Investing with Scott Meyers and Jay Conner

Today on Raising Private Money with Jay Conner, let us look back to when Jay’s special guest Scott Meyers shared the world of Self-Storage Investing.

Scott Meyers and his affiliated companies focus on acquiring, developing, and syndicating self-storage facilities nationwide. He 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 Money
1:38 - Jay’s New Book: “Where To Get The Money Now”- https://www.JayConner.com/Book
2:58 - Today’s guest: Scott Meyers
5:44 - How Scott Meyers got started in the real estate business
8:31 - Scott Meyers’ very first storage facility
10:15 - Scott Meyers’ lesson learned on his first storage facility deal
11:04 - 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.com
18:34 - How does the pandemic affect the Self-Storage industry?
22:09 - No business strives unless it’s solving a lot of people’s problems
23:10 - Scott Meyers’ recent projects
25:19 - Best way to start with a Self-Storage Investing business
27:43 - Common mistakes that new self-storage investors make
30:17 - 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.”

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