The Developer’s Guide to Self-Storage Site Evaluation
The Developer’s Guide to Self-Storage Site Evaluation
The Developer’s Guide to Self-Storage Site Evaluation
Essential strategies for development amidst financial uncertainties.
In this episode, Scott explores the intricacies of evaluating potential development sites for lender approval in today's challenging economic landscape.
With interest rates on the rise and a potential recession looming, Scott discusses the strategic importance of seizing opportunities during economic downturns, where less competition can lead to greater profits.
He provides detailed insights on proper site selection, the critical role of feasibility studies, and shares lessons learned from past development challenges, urging investors to be proactive and well-prepared for when the market rebounds.
Listen For:
4:53 Evaluating Potential Development Sites
10:50 Overbuilding: A Developer's Cautionary Tale
13:37 Navigating Financial Challenges and Recovery Options
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From The Podcast
Self Storage Investing
This is the Self-Storage Investing Podcast, where we share the knowledge and skills from the industry’s leading investors, developers, and operators to help you launch and grow your self-storage investing business. What made them a success? Built their wealth? What was their mindset and mentality as they entered the space and found room for business growth? Led by podcast host Scott Meyers, we have a track record spanning two decades having successfully acquired, converted, developed, and syndicated over 4 1/2 million square feet of self-storage properties nationwide. Discover the secrets to building wealth and creating a thriving business mindset through our insightful episodes with leading experts. We delve into topics such as navigating recessions and market crashes, as well as the lucrative world of real estate investing through self-storage. Join us as we explore strategies, tactics and insider tips that will propel your self-storage investing journey toward prosperity. Get ready to unlock the potential of this lucrative (recession-proof) industry and embark on a path to financial freedom.Join Podchaser to...
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