Self-storage investing is gaining popularity by the day. We usually say that every cloud has its silver lining, and the Covid pandemic was not left out. Investors in the self-storage niche have witnessed growth in their business since 2020. Due to the pandemic, people decided to have their things in self-storage due to the lockdown. Also, families had to move some of their belongings to storage to create room for everybody to be home.
In this episode, we have Scott Myers joining us on the show. Scott is labeled the Nation’s Leading Expert in the self-storage business. Scott defines himself as a man who makes mistakes and learns from them.
In this episode, Scott will educate us on how self-storage investing has grown since 2020. Listen in to this episode.
Key Talking Points of the Episode:
[01:04] Introducing our guest
[01:55] Who is Scott, and what does he do?
[05:17] How people are using self-storage units during the pandemic
[08:04] The Y2K recession
[10:15] What’s the future for self-storage?
[12:29] How Scott and his company put up storage units
[14:22] Scott’s growth aspects
[15:53] How you can get in touch with Scott
Quotable Quotes from the Episode:
“We don’t celebrate pandemics or recessions, but you know, we’ve done very well during the pandemic.”
“Upward pressure on pricing means higher valuations.”
“My philosophy is that we like to keep our folks happy.”
Connect with Scott Myers: