232: Investing in Self Storage with Kris Benson

Published: July 29, 2019, 2 p.m.

b"Kris Benson
\\nKris Benson is the chief investment officer for Reliant Investments, a subsidiary of Reliant Real Estate Management and one of the top 30 commercial self-storage operators in the U.S. in 2018. Kris is part of the investment committee and develops institutional-quality self-storage investment opportunities for accredited investors.
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\\nKris\\u2019s investing goals have always been about changing the paradigm of trading time for money in order to have time for more of the things we love to do. Likewise, investing in real estate has been Kris\\u2019s steadfast path to passive income and he is passionate about inspiring others to change their mindset around investing for their future.
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\\nKey Points
\\nContinuously pushing yourself out of your comfort zone
\\nFinding your strengths and playing to those
\\nFinding motivation beyond money
\\nBuilding a portfolio of small multifamily properties, then scaling with syndication
\\nThree pillars - returns, protection, opportunity
\\nInvesting in self-storage
\\nLightning Questions
\\nWhat was your biggest hurdle getting started in real estate investing, and how did you overcome it?
\\nFear and lack of knowledge. By taking advantage of self-education resources like BiggerPockets, and then taking action, Kris was able to get started.
\\nDo you have a personal habit that contributes to your success?
\\nKris figures out what needs to be done and then executes.
\\nDo you have an online resource that you find valuable?
\\nIan Ippolito - The Real Estate Crowdfunding Review
\\nBiggerPockets
\\nWhat book would you recommend to the listeners and why?
\\nShoe Dog - Phil Knight
\\nIf you were to give advice to your 20-year-old self to get started in real estate investing, what would it be?
\\nDo it sooner! The best tool in all of investing is time - take advantage of it.
\\nResources
\\nReliant Investments
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\\nKrisBenson.com (coming soon)
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\\nKris' LinkedIn Profile\\xa0
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\\nNational Association of REITs data
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\\nVisit Audible for a free trial, and a free audiobook download"