How to Earn Great Returns in Self Storage Today with Terry Hale

Published: Aug. 9, 2021, 5 a.m.

Terry Hale is an active investor and CEO of a private commercial real estate firm that provides acquisitions for all commercial property types and investment opportunities. The firm executes value-add strategies through direct and joint venture investments, primarily with existing assets located throughout the U.S. Utilizing our extensive commercial real estate expertise to create value, reposition, and stabilize for long-term capital gains.\n\xa0\n[00:01 - 06:32] Opening Segment\nTerry shares his commercial real estate adventure\nTerry\u2019s Not So Mentor Mentor\xa0\nThe niche only Terry knows and his success\n\xa0\n[06:33 - 13:16] Creative Financing\nWhat is Creative Financing?There is a story in every deal\nTerry tells a story of his creative financing strategy\n\nThe Owner is the Bank StrategyIn-house underwriting and a multi-pronged approach\n\n\xa0\n[13:17 - 29:36] How to Earn Great Returns in Self Storage Today\nHow to Manage a Property while You\u2019re AwayThe Power of Utilizing Technology\nWaiting for the Risk and Reward\n\n20+ years of real estate experience and goingImproving distressed assets and sellers\nHow to Find Distressed Buyers\n\nNo banks and just selective lendersKnowing and understanding your contract\xa0\n\nEvery deal is unique and looking at interest as a toolNonrecourse, transferable, and assumable\n\n\xa0\n[29:37 - 37:58] Closing Segment\nQuick break for our sponsorsGroundfloor offers short-term, high-yield real estate debt investments to the general public. Check www.passivewealthstrategy.com/groundfloor/ to get started.\n\nWhat is the best investment you've ever made other than your education?Retiring in his early 30 years\n110-unit multifamily in Texas\n\nTerry\u2019s worst investmentBeing in business early on with an underqualified partner\n\nWhat is the most important lesson that you've learned in business and investing?\u201cUse other people\u2019s money wisely.\u201d\n\nConnect with my guest. See the links below.\n\xa0\nResources Mentioned:\nEasy Storage Solutions\nReonomy.com\n\xa0\nTweetable Quotes:\n\u201cWe literally just look at these things and try to make sense of them.\u201d - Terry Hale\n\u201cI don\u2019t see doomsday in real estate.\u201d - Terry Hale\n\u201cAlways get educated. Always have control of your deal.\u201d - Terry Hale\n------------\nConnect with Terry through support@terryhale.com, Instagram, LinkedIn, and https://terryhale.com/.\xa0\n\xa0\nInvest passively in multiple commercial real estate assets such as apartments, self storage, medical facilities, hotels and more through https://www.passivewealthstrategy.com/crowdstreet/\nParticipate directly in real estate investment loans on a fractional basis. Go to www.passivewealthstrategy.com/groundfloor/ and get ready to invest on your own terms.\xa0\nLEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode or click here to listen to our previous episodes