Episode 47: Scott Meyers Self Storage Investin
Real Estate Investing Profit Masters by Cory Boatright
Release Date: 12/29/2016
Episode 80: Scott Smith Royal Legal Solutions
Real Estate Investing Profit Masters by Cory Boatright
Welcome back to the show! Today, I bring you another epic interview. This time, I get the chance to speak with Scott Smith of Royal Legal Solutions. If you’re a real estate investor, Scott’s business is a one-stop shop; he handles all kinds of legal issues that come up with real estate investing. Tune in to hear this really high-value episode and don’t forget to take notes! Minute Markers: [03:54] Scott describes his core team in Austin, TX. [04:29] Defining his ideal client. [06:10] His current holdings and what made him get into real estate investing. [09:10] Why people are mistaken...
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Episode 79: Gene and RAL
Real Estate Investing Profit Masters by Cory Boatright
Welcome back to the show, my party people! It’s been a while since the last episode, so I thought we’d dive right back in with a really hot topic: Residential assisted living. My guest, Gene Guarino, an expert in the field, is going to explain to us how we can turn a residential home into an assisted living facility. It’s a fascinating conversation and what he has to say will blow your mind. Tune in to hear how many ways you can skin this cat! Minute Markers [03:45] Gene introduces himself and describes his ideal client. [04:55] His foray into the world of assisted living...
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Episode 78: Lee Arnold Code Enforcement and Abatement Treasures
Real Estate Investing Profit Masters by Cory Boatright
Today, I speak with Lee Arnold, someone I’ve known for about a decade. He is someone I hold in high regard and respect him for his ability to have built his business based on biblical principles. We discuss how his personal history led him to his current career, as well as how his faith guides him in business. We also talk about his experience with code enforcement and abatements. Tune in to hear Lee’s story and what he does at Cogo Capital. MINUTE MARKERS [04:00] Lee calls in from the small town of Coeur d'Alene, Idaho. [05:50] Lee’s educational and professional history....
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Episode 77: Geremy Heath American Turnkey Properties
Real Estate Investing Profit Masters by Cory Boatright
Hello and welcome back to all my favorite investors and entrepreneurs. Today, we have another great show for you. I sit down and chat with Geremy Heath, the CEO of American Turnkey Properties and Six Sigma Black Belt. Together, we discuss not only his company’s mission, but the best ways to invest and methods for success. American Turnkey Properties is a real estate sales and management company. They fix up rental properties and find investors for said properties. These are great investments, as there are different ways to hold the properties. Tune in to hear our conversation about Geremy...
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Episode 76: David Lecko and DealMachine
Real Estate Investing Profit Masters by Cory Boatright
Hello and welcome back to all my favorite investors and entrepreneurs. Today’s guest is a special one. David Lecko, founder of the DealMachine app and community, is a man focused on personal development. If he wasn’t, he never would have designed this amazing real estate tool in the first place. DealMachine is an amazing mobile app designed specifically for real estate investors. David started out with rental properties and driving for dollars, but he quickly realized he needed a tool that could streamline all of his responsibilities. Thus, DealMachine was born! At first the app was just...
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Episode 75: David Dodge Ultimate Investing Tips and Strategies
Real Estate Investing Profit Masters by Cory Boatright
Keep the best and sell the rest. That’s the motto of David Dodge, a killer wholesaler from St. Louis. He’s on the show today dropping some real nuggets for real estate investors of all kinds. David is on fire right now, doing wholesales, fix and flips, and he just published his first book. Tune in now to catch this guy while you can, because his real estate investments are really about to take off! David then started renting properties out early on but quickly realized there’s a better way to do this business. That’s where the inspiration for David’s real estate investment strategy...
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Episode 74: Chris Miles Money Ripples Anti Financial Guru
Real Estate Investing Profit Masters by Cory Boatright
If you’ve never heard of an “infinite banking strategy”, today is your lucky today! Chris Miles is on the Profit Masters right now to help you figure out new ways to get some extra money coming in. These are strategies you may never have considered before because it really goes against all of the traditional things we’ve learned when it comes to banking, investing, and retirement funds. That’s why they call Chris the anti-financial advisor. He’s up here turning the industry on its head with some of the things he’s doing out here. Since retiring in 2006 - yes, that’s right, I...
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Episode 73: Aaron Chapman Mortgage Loan Officer Extraordinaire
Real Estate Investing Profit Masters by Cory Boatright
My guest today is LEGENDARY. He is crushing it right now in the mortgage industry. He closed over 700 deals last year! Aaron Chapman is one of the best mortgage loan officers, but don’t expect today’s podcast to be a stuffy banking episode. Aaron isn’t your ordinary mortgage broker - his beard is almost two feet long! But it’s not just his appearance that’s different, it’s his whole approach to real estate investing. Aaron’s created a niche for himself that really sets him above the rest of the mortgage industry. From a real estate investing standpoint it’s really refreshing to...
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Episode 72: Greg Helbeck Secret Genealogist Real Estate Gold
Real Estate Investing Profit Masters by Cory Boatright
Welcome back to the Real Estate Investing Profit Masters podcast! My guest today is really going to blow your mind. Greg Helbeck is only 23 years old but he is killing it with virtual real estate investing. That’s right - I said VIRTUAL. Greg is living in San Diego while working deals in New York and Texas. In fact, we’re doing a deal in Dallas together and that’s why I’m so excited to bring him on the show. Greg’s real estate investment strategy may surprise you. He’s out there using a genealogist to close on some real hairy deals. Greg breaks down his strategy for getting through...
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Episode 71: Joe and Matt Maximum Exposure with Podcasting and Traffic
Real Estate Investing Profit Masters by Cory Boatright
Buckle your seatbelts, party people! Today’s episode of Real Estate Investment Profit Masters is taking a different turn. I’ve brought on two of my good friends, Matt Wolfe and Joe Fier from the Hustle and Flowchart Podcast, to talk about how you can start your very own podcast. It might sound weird, I know. Real estate investing and podcasting? Whodathunk? But it’s seriously one of the best marketing strategies you can use as a real estate investor to get maximum exposure and authentically build your business. I know most of you are already familiar with all the different online and...
info_outlineMy guest today is not your traditional fix and flip guy. He’s not even a wholesaler. Scott Meyers applied his winning real estate investment strategy to self-storage! Which is amazing to think about because many of us have probably never even considered self-storage as an option. But for investing, self-storage is extremely lucrative. And in today’s episode Scott Meyers shares his strategies and how self-storage investment is practically recession proof.
Scott did get his start with wholesales, short sales, and rentals, but with the dot-com crash in the late 90s and the housing crashing in the mid-2000s, Scott wanted to try something different. He was sick of taking the risks on the banks and the tenants and knew there had to be a safe way to do what he loved in real estate while minimizing the risk to his investments. He listened to his wife and decided to invest in storage units. He’s developed and purchased over 5000 units, out in the middle of nowhere, all across the country, and now he’s looking to develop and convert existing facilities that are in the need of modernization. There are so many different options for real estate investment that you really can’t go wrong, especially when you put your mind and your heart into something that’s so important to you and your family.
MINUTE MARKERS
5:16 - How did Scott get involved in real estate and, really, self-storage investment?
7:45 - Who was one of Scott’s biggest influences in investment?
9:45 - Scott lost his 401K and that was his breaking point
10:40 - Scott proudly quit his part-time job
11:00 - But how did his wife take it?
12:46 - What moved Scott from real estate investing in homes into self-storage?
16:46 - Why does Scott love real estate investing?
18:00 - How is self-storage almost recession proof?
20:18 - Scott’s big profit master investing strategies for self-storage
22:05 - How much interest is on the land compared to the development of self-storage units?
25:00 - Does a mailer list of self-storage units exist out there?
27:13 - The big lessons that got Scott to where he’s at today
30:22 - If he had to start over again, Scott would listen to himself more
35:51 - Scott’s favorite motivational business quotes
36:30 - Scott gives you permission to go find some different friends
39:14 - Scott recommends his favorite book
40:05 - Guess Scott’s dog’s name!
41:19 - Scott’s favorite mobile apps
42:30 - Which app does Scott use every day in his business?
43:14 - Why does Scott wake up at 4:09 every morning?
45:40 - Does Scott get 8 hours of sleep?
46:22 - What is Scott most grateful for?
47:11 - When should we start getting a mentor or coach?
48:50 - Who said ‘hire great people and get out of the way’?
51:00 - A golden nugget of advice from Scott’s favorite mentor
54:05 - What drives Scott to succeed?
55:08 - What does Scott mean when he says “mission-minded business”?
58:38 - Get in touch with Scott at www.selfstorageinvesting.com
QUOTES
“Cash flow is the name of the game.” Scott
“At the end of the day, get a coach, get a mentor, and then listen to what they say.” Scott
RESOURCES
Scott’s Website: Self Storage Investing
The Candlestick Course by Steve Nison
Art of the Deal by Donald Trump
Rich Dad Poor Dad by Robert Kiyosaki
Think and Grow Rich by Napoleon Hill
Good to Great by Jim Collins
The E-Myth by Michael Gerber
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