Welcome to the Self-Storage Investing podcast. I’m your host, Scott Meyers.
Join my team and I, as we continue sharing the knowledge and skills from leading investors, developers, and operators to help you launch and grow your own successful self-storage business this 2021. In today’s episode, my guest James Reid, will share how to build your self-storage brand.
Tune in each week for a new episode on topics in the self-storage world and more, with guests from each sector of the self-storage investing industry. This week my guest is the President of StorCo Storage, James Reid. StorCo not only provides storage solutions to the communities it’s three facilities are in but is also a part of the community itself.
About today’s guest: James Reid
At age 8, James started to work for his father’s company, Reid’s Tree Service. Among many things, his father taught him how to work hard and to provide customer satisfaction, one client at a time. He dreamed of owning a company like his dad, and at age 13, he started a lawn service. While going through high school, he hired a crew to focus on school and grow his business at the same time. College offered him the opportunity to learn more about the industry and business. While attending college, he opened a Garden Center to provide his clients the best quality plants and materials.
In 2008, James saw another opportunity to provide safe, clean affordable housing to residents in the vicinity of Moscow Mills, Missouri. By purchasing 10 mobile home units in a nice mobile home park, Rental Solutions was born. Rental Solutions provides homes to 10 families on an ongoing basis. With continuous maintenance and repair, he protects his investment which has continued to provide nice homes for families for more than 10 years.
Always focused on opportunities, James began studying the self-storage market in 2010. After searching for the perfect property for more than 3 years, he successfully purchased, financed, designed, and transformed a former car dealership into the latest addition to his holdings, StorCo Self Storage. StorCo offers more than 500 secure, indoor, climate-controlled units for the residents in the Wood River, Illinois area. StorCo has convenient entry and exit points and offers outdoor parking for RVs, campers, boats and more. In addition, the building offers white-box rental spaces for small businesses including Comet Cleaners and office spaces for the State of Illinois.
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