#292: Being Versatile in Business Ventures - with Scott Lewis
Real Estate Investing for Cash Flow with Kevin Bupp
Kevin Bupp
4.8 ā¢ 679 Ratings
šļø 13 October 2020
ā±ļø 47 minutes
šļø Recording | iTunes | RSS
š§¾ļø Download transcript
Summary
This week's episode of the Real Estate Investing For Cashflow podcast features Scott Lewis. He is the co-founder and Chief Executive Officer of Spartan Investment Group, LLC (SIG) and has led several successful real estate projects ranging from single-family flips to ground-up development of self-storage. To date, SIG operates over 5500 storage units, 200 RV pads, has completed $11M in development projects, has $110M more underway and raised over $30M in private equity.
As the Chief Executive Officer, Scott is responsible for developing business strategies and plans ensuring their alignment with short-term and long-term objectives. In addition to Spartan, Scott is also in the US Army Reserves and is an Operation Iraqi Freedom Veteran. Scott graduated from Michigan State University with degrees in Chemistry and Marketing, from Catholic University with an MS in Management, and from Georgetown University with a Certificate in Project Management. Ā
Quotes:
"So, one of the things I asked my boss was, "Hey can I do this informally and just ask some people to provide some input both from across, up, and then down as well?" To give me this really holistic feedback so I can look at gaps in my personality or wherever I need to improve."Ā
"I know that having an understanding of leadership both in theory and in practice is vitally important to be able to lead a team."Ā
Highlights:Ā
:50- Scott's backgroundĀ
11:20- Scott tells about what attracted him to theĀ self-storageĀ spaceĀ
20:27- Scott gives us a case study example on self-storageĀ
27:50- Scott gives hisĀ predictionĀ of COVID's impact on self-storageĀ
31:55- Scott talks about the other businesses he has his hands in as wellĀ
Guest Website:Ā
Ā
Recommended Resources:
- Check out our company and our investment opportunity by visiting www.SunriseCapitalInvestors.comĀ
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- Accredited Investors Click Here to learn more about partnering with me and my team on Mobile Home Park deals!
- Grab a free copy of my latest book "The 21 Biggest Mistakes Investors Make When Purchasing their First Mobile Home Park...and how to avoid them MobileHomeParkAcademy.com
- Schedule your free 30 minute "no obligation" call directly with Kevin by clicking this link https://www.timetrade.com/book/KV2D2Ā
Transcript
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| 0:00.0 | You've been searching for the best way to generate passive income in your life |
| 0:06.6 | and heard that real estate is a great way to do it. |
| 0:09.5 | But you're tired of all the so-called gurus who are all talk and no substance. |
| 0:15.3 | Get ready to celebrate because Kevin Bup has spent 14 years successfully making it happen. |
| 0:21.7 | This is the Real Estate Investing for Cash Flow podcast. |
| 0:25.3 | Now, here's Kevin Bup. |
| 0:30.7 | Hey guys, Kevin Bup here, and I want to welcome me to another episode of the Real |
| 0:34.2 | Estate Investing for Cash Flow podcast, where our mission is to help you build and maintain massive amounts of cash flow through income producing real estate investments. |
| 0:42.8 | And our guests for this week's show is developer and investment expert, Scott Lewis. |
| 0:47.0 | Scott is a co-founder and chief executive officer of Spartan Investment Group and has led several |
| 0:51.2 | successful real estate projects ranging from single family flips to ground up |
| 0:54.5 | development of self-storage. To date, Spartan Investment Group operates more than 6,000 storage units, |
| 0:59.9 | 200 RVPads, has completed more than 11 million in development projects, another 110 million |
| 1:05.0 | underway, and has raised more than 30 million in private equity. Now, as Chief Executive Officer, |
| 1:10.1 | Scott is responsible for developing |
| 1:11.9 | business strategies and plans ensuring their alignment with short-term and long-term objectives. |
| 1:16.9 | In addition to Spartan, Scott is also in the U.S. Army Reserves and is an Operation Iraqi Freedom |
| 1:22.0 | veteran. Scott graduated from Michigan State University with degrees in chemistry and marketing, |
| 1:26.5 | from Catholic University with an MS in management and marketing from Catholic University with an MS and management and from Georgetown University with a certificate and project |
| 1:32.2 | management. And so, guys, I'm excited to share the interview I had with my good pal Scott, but before we |
| 1:36.8 | get on to it, I have a few quick housekeeping items to cover. And so the first announcement, |
| 1:40.6 | guys, the one I'm most excited about, it's live. You've heard me talking about it for weeks and |
... |
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