Self Storage Investing

How to Start and Succeed in the Self Storage Business

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Client and Student Testimonials

Scott’s Academy is a great course! I feel empowered and ready to go after my 1st deal now! Thanks — Kyle Pettit

I would highly recommend the Academy to anyone interested in the Self Storage Business. – Rodney Murphy

The Self Storage Academy gives you the information and tools needed to succeed in self storage and the commercial industry in general. – Ante Colic

Scott Meyers® Self Storage Academy teaches the detailed steps and tools to correctly acquire and run your self storage facility.  Scott and his team have integrity!  If you are interested in owning Self Storage, Scott’s Academy is a MUST!  – Doreen Bruder

Thank you Scott, for a wonderful 3 days of very informative information.  You did a great job of explaining Self Storage. – Camella Joseph

Listening to the success stories of other students makes you wonder, “What am I waiting for?”  With the support you get from Scott’s team, it’s easy to take that first step toward walking that mile -  Anita Evans

After purchasing $ 1,000,000.00  on books, trainings and seminars; and attending 10+ 3 day seminars, the Self Storage Academy was the one event that exceded my expectations multiple times over.  Scott is a class act in every way! – Pete Foster

Scott,
I have been delighted with your mentoring program. Thank you for caring for your students. I will have a series of four E-Mail questions which I will be sending you. My largest concern is whether or not my basic concept of my investment plan is solid, i.e.: Will each investment throw off a cash flow for me of $2,500 per month after paying an 80% 30 year loan at 8% and a 12% monthly return for my working capital partner who provides the 20% down payment? Thanks. Coy.

Dear Scott,

After carefully evaluating several facilities, we were able to find a 150 unit, 16,000 s.f. for $600,000 with the ability to expand. Using your value-add strategies, we built more buildings on the property and now the business has a $10,000 positive monthly cash flow and will provide a lifetime of income for our family!

Thanks,

Dan Bradley, Plain City, OH

 


Here are a couple of video testimonials…


After years of spending every weekend and many evenings remodeling single family houses to rent or sell, Scott Meyers® convinced me that Self Storage is the way to go. Now that I have sold my single family houses and own Self Storage, I haven’t painted a wall or cleaned someone else’s toilet for months now. Now when a tenant leaves, I grab my broom and in 30 seconds the unit is ready to rent for the next tenant. Thanks Scott!

Chris C., Greenfield, IN


Read About Mark Torok

Scott,

I write this letter with a great deal of pleasure. First to tell you of our success and second to provide a testimonial so that I can obtain a refund of the purchase price of the course. In September, 2008, I invested in your home study program and studied it and took action. I am pleased to let you know that by following your suggestions, we were able to purchase a 373 unit facility here in San Antonio (our home town!) at an 11% cap rate with significant upside potential as it had been haphazardly managed in the past. We closed on the facility on December 29, 2008. Our purchase price was $1,275,000.00 and we were able to borrow over $900,000.00 even in these hard credit times and even though we only had three weeks to do it and it was over Christmas!! We raised the rest through private investors. The facility right now provides about $60,000 in positive cash flow and we anticipate over $100,000.00 in cash flow within the next 18 months as we improve the property.

Your course provided the inspiration and the know how to go after this little known investment (although we went to the Texas Self Storage Convention and everyone there seemed to be multi-millionaires). You are one of the few that note that you need to work at this-it just isn’t handed to you and I appreciate that particularly. We worked hard on this one and we will continue to work hard on others since this will provide security for our families for our futures.

P.S. we are already looking for other properties and anticipate purchasing at least 4 in the next year. Got any good deals??

Mark Torok – San Antonio, TX


Date: April 20, 2009 11:02:37 PM EDT
Subject: My fist deal: 2 Locations with 2 Uhaul franchises, Less than $2000 out of pocket

Scott,

I just closed my first two mini warehouse purchases. I bought two facilities. They also came with the only 2 Uhaul franchises in town. One facility is completely built out. The other has about +/- one acre which is flat vacant and fenced, and is already zoned to build enough storage space to double the facility’s size. Reality has just set in, and I could not be more excited and terrified at the same time. My residential real estate has been in the red for almost a year. The stress has been unbearable…to the point that medication has been prescribed by my doctor in order to cope. Struggling to get tenants to pay their rent is an understatement. Numerous repairs which were not budgeted for has also added to the financial strain. I traded four of these money pits in the bad part of town in order to make the down payment on the warehouses, which are in an appreciating part of Kentucky.

I did all of this and only needed less than $2000 of my money in order to close these deals. Your system is what gave me the confidence in order to embark on this new journey. The information in your courses helped to give me the edge when negotiating this deal. This is a very quick and candid testimonial. When I get some more time I will be able to go into more detail. Thanks again for putting this course together. It is 11:00 pm and still working. Take care.

Make it a great day!

Jeff Quinlan, REALTOR®

www.iBuyHouses-Louisville.com



“Scott’s systems with pre-made forms allow you to bypass “reinventing the Hammer”, waste time, or make lots of mistakes along the way, and His Self Storage Academy fills in gaps that everyone has as they learn the business.  His training gave me the confidence to go out and find facilities and to place offers just like I did when I bought my first one after taking Scott’s program.  He has the most comprehensive system I have seen because he uses it daily in his own business so it has been tested heavily.”

Jeff Wilson

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