Scaling in Self Storage by Applying Who Not How with Tom Dunkel

Published: Dec. 13, 2022, 8 a.m.

b"In this episode, Tom Dunkel\\xa0 talks about self storage investing and how it works. He shares how he and his partner got started in real estate and later shifted into self-storage. Tom also shares how he was able to apply the lessons he learned from the book \\u201cWho Not How\\u201d into their business and help it grow.\\n\\n[00:01 - 07:11] Looking into Self-Storage Investing\\xa0\\xa0\\nTom shares about his background and how he got into self-storage investing\\xa0\\nHow to recognize a good deal in self-storage\\xa0\\nThe environment dictates the growth or decline of the self-storage market\\xa0\\nAssessing the data given and finding the right aggregators\\xa0\\n\\xa0\\n[07:11 - 11:27] The Future of Self-Storage\\xa0\\nSeeing the demand for self-storage\\nMany are not analyzing the market and just looking for mailbox money\\nUsing self-storage as a housing strategy\\xa0\\n\\xa0\\n[11:28 - 23:11] Shifting from Multi-Family\\nSeeing more opportunities in the space\\xa0\\nFinding a business partner during the recession\\nApplying lessons learned from Who Not How\\xa0\\n\\xa0\\n[23:12 - 30:32] Closing Segment\\nQuick break for our sponsors The first step to growing your wealth is tracking your wealth, income spending and everything else about your finances, you can start tracking your wealth for free and get six free months of wealth advisor.\\xa0 Learn more about Personal Capital at escapingwallstreet.com\\xa0\\n\\nWhat is the best investment you've ever made other than your education?Investing your team\\n\\nTom Dunkel\\u2019s worst investments\\xa0The first business she went to where she tried to do everything herself\\xa0\\n\\nWhat is the most important lesson you\\u2019ve learned in business and investing?There\\u2019s always another deal out there\\xa0\\n\\n\\nConnect with Tom Dunkel:\\nWebsite: https://belrosestoragegroup.com/\\n\\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.\\nJoin our Passive Investor Club for access to passive commercial real estate investment opportunities.\\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\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\n\\xa0\\nTweetable Quotes:\\n\\u201cI think it's important to, you know, be disciplined, you know, get educated, you know, look at a lot of deals and eventually, you know, the one will pop out that looks really good to you.\\u201d - Tom Dunkel"