REIA 74 Scott Myers: Why is Self-Storage Outperforming All Other Asset Classes During This Pandemic?

We'd love to hear from you. What are your thoughts and questions?Scott Myers shares with us why self-storage outperforms all other asset classes during the current pandemic and why self-storage is an investment for passive investors like you.  As an active investor, he focuses on the acquisition, development, and syndication of self-storage facilities nationwide. He currently owns and operates over two million square feet with over thirteen thousand units. The educational arm of his organization, provides courses, tools, live events and mentoring to help others invest in self-storage to develop financial independence, as his saying goes, “free from tenants, toilets, and trash!” He helps to create abundance for all through his mission focus where he built 12 houses in Mexico and the Dominican RepublicBullet Points:I built my wealth one property at a time and that is the model of wealth-building my company helps others to develop. Where and how did I start my journey?What is passive investing vs. active real estate investing and is it possible to passively build wealth through real estate one property at a time?What is the basic information and knowledge level that a potential passive real estate investor should know to be successful?What are the advantages of focusing on cash flowing real estate investments?These are the numbers from a typical turn-key investment (Investment, expenses, NOI, Cash-on-cash return, ROI). 50/50 SPLIT, 20% IRR, 8-10% PREF, 2X MULTIPLE FOR INVESTING IN A SYNDICATED FACILITYI encourage investors to invest where the opportunities are, not necessarily in their backyard. All investments carry a level of risk.What are the risks of investing in SELF STORAGE?Connect with Scott Call to Action:For Education and to learn more about Self Storage InvestingFollow us on Instagram @self-storage investing and turn on your notifications.For investment opportunities check out:www.passivestorageinvesting.com/[email protected]