The State of Self Storage Investing with Kris Bennett

Published: Sept. 1, 2022, 7 a.m.

b"Kris brings 14 years of real estate experience to PassiveInvesting.com, spanning self-storage and residential investment and brokerage. At his previous firm, his responsibilities include raising capital, sourcing deals, and leading due diligence. He has advised third-party groups on portfolio acquisitions totaling over fifty million dollars in value. He is a trusted voice in the self-storage space with his podcast The Storage Investor Show.\\n\\xa0\\nKris has presented on the topic of technology in self-storage at the NC Self-Storage Association\\u2019s annual conference. He has also been a guest speaker in Executive MBA and Undergraduate classes at UNC\\u2019s Kenan-Flagler Business School.\\n\\xa0\\nKris is a graduate of UNC-Chapel Hill and Kenan-Flagler Business School, where he served as a Fund Manager for the school\\u2019s private equity real estate fund.\\n\\xa0\\n[00:01 \\u2013 17:15] Opening Segment\\nKris Bennett, self-storage investor and host of the PassiveInvesting.com podcast\\nKris\\u2019 shift from multifamily to self-storage\\nEarly lessons, shifts, hacks, and offset mistakes in self-storage\\nOpportunity in the market with mom and pops\\n\\xa0\\n[17:16 \\u2013 27:25] The State of Self Storage Investing\\nThe Future of Self-Storage and Savvy Investors\\nInflation versus Recession: Insightful Deal Flows for 2023\\nYour Lender is Your Silent Partner\\n\\xa0\\n[27:26 \\u2013 29:57] Where to Put Your Cash\\nMore capital less leverage\\nSpending your cash depending on your investment horizon\\nInvestment Horizon Considerations\\n\\xa0\\n[29:58 \\u2013 40:18] Closing Segment\\nQuick break for our sponsors\\nThe 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\\n\\nWhat is the best investment you've ever made other than your education?\\nHis house bought in the middle of COVID\\n\\nKris\\u2019 worst investment\\nA 2500 sq. ft. self-storage in Charlotte\\n\\nWhat is the most important lesson you\\u2019ve learned in business and investing?\\n\\u201cIt's okay to change your mind.\\u201d\\n\\n\\xa0\\nConnect with Kris Bennett on LinkedIn and Facebook.\\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.\\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\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\n\\xa0\\nTweetable Quotes:\\n\\u201cYour investors and their expectations need to match your strategy, what you're trying to accomplish, and the types of deals that you're looking at.\\u201d - Kris Bennett\\n\\u201cThere is opportunity but there's only so much of it.\\u201d - Kris Bennett\\n\\u201cYour lender is your silent partner.\\u201d - Kris Bennett"