Self Storage is a $220 billion+ (market cap value) and $22.6 billion (annual revenues) industry in the United States that comprises more than 23 million rental units with more than 2.2 billion rentable square feet!
And of those 23 million, roughly 8 million have been added since the year 2000, making Self Storage The Fastest Growing Real Estate Business in The United States for the past 30 years!
The Benefits of Investing in Self Storage
Tell me if any of these benefits apply to you: 1. Set Your Own Hours. Turn small amounts of time into sizeable profits. Start part-time, earn while you learn, and ultimately replace and exceed your regular job’s income before you walk away from it. Or, if you like, work part time or make the equivalent of a full-time income from spare-time hours and call yourself retired. 2.Use a Proven System, but with no Franchise Fees or Royalties I lack creativity, and did not want to reinvent the wheel. I wanted a proven step by step system – like a franchise, but without the hefty up front fees and back end royalties. 3. Low to No Overhead – I wanted the ability to run my business from my home, or my favorite coffee shop, and enjoy the tax benefits of operating a home-based business. 4. Flexibility – I wanted the ability to go it alone, or bring on partners as the business grew. In addition, I wanted a business that could be duplicated in any area of the country, so I could make money while vacationing in different cities (and make the trip tax-deductible) 5. Make Instant Profits – The ability to generate cash flow from day one; not in several years after pouring my life savings into it, or borrowing money from my relatives and friends.
Fortunately for you, I’ve combined all of my knowledge, and all of my systems into my Home Study System called:
“The Complete Guide to Finding, Evaluating, and Purchasing Self Storage Facilities™”
This Step-By-Step system means you won’t make the same mistakes I did, and will show you how I went from being a tired, overworked and underpaid landlord, to creating spendable cash in 12 short months, without the hassles of tenants and toilets.
Here’s the Complete Table of Contents of the course, Straight from the Manual…..
CHAPTER 1: Industry Overview
Definition of Self Storage
The History of Self Storage
Self Storage Tenants
The Current State of the Market
CHAPTER 2: Investment Opportunities In Self Storage
20 Reasons for Self Storage Now!
Debunking the Myths
CHAPTER 3: The Future of Self Storage
Reasons for Increased Demand
Advancements in Technology
More Products & Services
Focus on Customer Service
Industry Consolidation
Increased Competition
Increased Values
CHAPTER 4: To Buy or to Build
The advantages of Buying
The advantages of Building
CHAPTER 5: Where to Find the Deals
The 7 Best Ways to find Self Storage Deals:
Engaging Brokers
Tapping Self Storage WebsitesK
Mail Campaigns
Cold Calling Campaigns
Canvassing
Local Newspapers & Publications
The Living Billboard
CHAPTER 6: Evaluating the Opportunities
Determining Value
The Prospecting Fact Sheet: The 27 Questions you must ask every seller Before moving Forward!
Mapping the Property
The 5 minute Valuation Calculator
Definition of and how to Calculate the Capitalization Rate
CHAPTER 7: Mastering Market Analysis
Location, Location, Location
Measuring Employment Growth
Traffic Counts and the importance of Determining Population Growth
Calculating Median Income
Sizing up the Competition
Analyzing Local Demographics
Determining Market Demand
Gathering Market Data
Utilizing The Various Industry Reports
CHAPTER 8: Making the Offer
Negotiating With Sellers & Brokers
Pros & Cons of using Brokers
Justifying your Price
The 8 Motivations of Sellers
Presenting the Offer
The Letter of Intent (LOI)
The Purchase Agreement: 9 Tips You Need To Know Before Signing!
CHAPTER 9: Due Diligence
The Due Diligence Checklist: A must have list of items needed Before Closing!
Verifying the Income
Uncovering Hidden Expenses
Major vs. Minor Misrepresentations
CHAPTER 10: Valuation
Appraised Value
Comparable Sales
Replacement Cost
The Income Approach
Reconciliation of Value
Intrinsic Value
The Self Storage Valuator® Software Tool – The fool proof way to determine Cash Flow and Estimate Value!
CHAPTER 11: Financing Your Facility
Leverage: The Double Edged Sword
Seller Financing
Private Lenders
Mortgage Brokers vs. Mortgage Bankers
Hard Money Lenders
Commercial Banks
Community Banks
Credit Companies
Insurance Companies
Conduit Financing
Savings & Loans
Government Loans
9 Different Loan Types for Self Storage
Choosing the Right Lender and Loan
Building Banking Relationships
16 ways to Find Cash for the Down Payment
Avoiding Over-leverage
CHAPTER 12: Creating your Business Plan
Reasons for a Plan
The 7 Essential Elements of a Business Plan
The Business Plan Format
Packaging your Plan
CHAPTER 13: Tax Planning
Capital Gains
Ways to treat Rental Income
Minimizing Capital Gains
Self Storage Deductions
Self Storage Depreciation
Bookkeeping
1031 Tax Deferred Exchanges
Personal Property
CHAPTER 14: Entity Selection
Sole Proprietorship
Various Partnerships
Various Corporations
Real Estate Investment Trusts (REITs)
Limited Liability Companies (LLCs)
Various Trusts
How to Choose the Entity that matches your facility & Situation
CHAPTER 15: Asset Protection
Plan Now! Don’t Procrastinate!
Honesty is the Best Policy
Intentional vs. Unintentional Fraud
Educating your Employees
Insurance – Your 1st line of Defense
Document, Document, Document
Land Trusts
Separate your Assets
Utilize Great Advisors
CHAPTER 16: Take Action Scott’s Five Principles of Success
Overcoming Fear
Setting Goals
Prioritizing Your Activities
Perseverence
Developing your Purpose
Normally $ 1297.00
What will you get as part of the course?
299 Page Manual to be used in conjunction with the DVDs & Audio CDs included that will show you step-by-step, from A to Z, how Self Storage will make you wealthy; the safer, faster way. You’ll discover how to find the deals, how to evaluate facilities, keys to successful negotiations, writing offers that get accepted, where to find the money to fund your deals, and how to extract maximum dollars.
6 Full length DVDs including 4 Live Case Studies from my all day live training event – that you can pop into your home DVD player and get a “classroom at home” teaching experience from the comfort of your favorite chair.
6 Audio CDs From my all day live training event that you can plug into your car or home CD player.
The Self Storage Valuator Software™ CD and accompanying step-by-step manual – This fool-proof software will save countless hours of critical calculations, with a level of accuracy that eliminates easily overlooked but extremely costly errors. The Self Storage Valuator™ Software tool gives you concise information and the professional format necessary for getting deals approved through lenders, investors, and appraisers alike.
The Document Library CD with 18 various checklists, agreements, contracts, spreadsheets, mailers, Purchase Contract and accompanying forms for Buying Self Storage Facilities.
Scott’s Fast Start CD – A step by step 90 day checklist outlining exactly what you need to do to close your First Self Storage deal!
Plus These Special Bonuses!
Bonus #1 – 30 Days Free Access to the Millionaire’s Club
Information Packed Newsletter with Money Making Secrets
VIP Access to Scott’s Webinars with Inner Circle Members
Look over Scott’s shoulder with a window into his deals
Exclusive Self Storage Listings Found NOWHERE Else!
HUGE Discounts on Industry Trade Shows & Products
A $29.00 Value!
Bonus #2 – My Self Storage Manager’s Tool Kit
For a limited time, you’ll get a CD that includes every possible manual, form, and document you will ever need to operate your self storage facility, over 70 documents in all! You’ll get a Customizable Operations manual and all the forms required for the day to day operation of a self storage facility for reference, or to train your employees. It’s all there; from auction forms, to truck rental and retail sales forms, leases, and everything in between. You’ll also get my completely customizable, fill-in the blank Human Resource policy manual for employees, that I paid several hundred dollars to have developed. There’s nothing left for you to create, or pay someone else to; I’ve already done it for you. Simply Print, and go! A $277.00 value!
Bonus # 3 – My Personal Self Storage Business Plan!
That’s Right! This is the Same Business Plan that I have used to acquire $ Millions of Dollars from my Bankers and Private Lenders over the past 16 Years. You get my personal 33 page business plan that I previously charged $2,000 for. So that my students could use it to prepare and submit with their loan applications and relationship deals. Quite simply, I don’t have the time anymore, so I’ve uploaded my plan on the website for you to access with a special code so that you can simply download and replace my company and facility data with the facility you’re submitting for loan approval. All this…normally $1297.00, but included in the price of the combo.
Then, you’ll get two tickets to our Self Storage Academy:
Self Storage Live Training Academy!
Featuring Scott Meyers®, Live, In Person!
Scott’s 3- Day Self Storage Academy which takes you behind the scenes of the Nation’s leading Self Storage Author, Speaker, Investor, and Trainer of Self Storage Millionaires!
Join me for three education packed days, where I’ll put you on the fast track to creating a lifelong income stream in the best kept secret in the real estate business – Self Storage.
Come spend 3 full days with me where I’ll share all my secrets on how to make millions in Self Storage. We’ll spend The First 2 days in an executive classroom setting followed by A Luxury Bus trip to a facility to cement the strategies and concepts you’ve learned over the 2 previous days.
You’ll be able to personally experience how to make boatloads of cash with the multiple profit centers available in self storage including climate controlled units, insurance income, offices, merchandise sales, Truck Rental, Boat/RV parking and much, much more!
You get to experience first hand, in a real world setting, how I apply everything that I’ve just taught you in the classroom at one of my First Class Facilities.
The Six Strategies to Creating Wealth in Self Storage
Through everything I have studied in my investing career, I have discovered that there are basically Six keys to creating wealth in real estate.
It is these Six Steps to Wealth that I’ll focus on at the Self Storage Academy(tm) Live Event:
How to find those Killer Deals BEFORE they go to Market
How to Quickly and Effortlessly Evaluating those Opportunities
How To Negotiate and Create Winning offers that get Accepted
13 Strategies the Pros use to Structure $0 Money Down Deals
How to Perform Thorough Due Diligence to ensure Your Long Term Success
How to Maximize Income with Multiple Profit Centers & Additional Buildings
“Where Do You Find Those Bargain Facilities”
I’ll Reveal the 7 Best Ways I have found to create a Powerful Pipeline that keeps an unlimited amount of deals flowing in endlessly and effortlessly.
How to Pre-Screen Potential Cash Cows (and weed out the time-wasters in less than 5 minutes)
We’ll walk through how to use my Self Storage Valuator™ Software Tool that was designed to enable me to analyze my self storage opportunities with amazing speed and accuracy.
Negotiating and Writing Offers That Get Accepted
I’ll teach you my “in the trenches” negotiating strategies
Raising Capital and Financing Your Investment
One of the best attributes regarding real estate investing is also one the most abused; Leverage, or the ability to borrow money to finance your investment.
How to Perform Thorough Due Dilligence
THE most critical aspect that will determine your success in this business.
Managing to Maximize Profits
One of the many benefits of Self Storage is that there are countless Profit Centers available to maximize the income of any facility.
AND THE GRANDDADDY OF ALL, THE CONSTRUCTION OF ADDITIONAL BUILDINGS AND RENTAL UNITS!
TOTAL RETAIL VALUE = $ 4,997.00
PURCHASE NOW FOR ONLY $ 997.00
Plus you can Bring a Spouse or Partner For Free!
Only $997.00
**Please Note That The Original Receipt With Your Name Listed As Purchaser Is Required To Receive Any Refunds and the course must be returned in Resalable Condition. ** Guarantee is for online orders and event contracts and returns are per the different club return policies.
