JF2545: 90% Occupancy in 60 Days with Kris Bennett

The Best Ever CRE Show

Best Ever CRE

Business, Investing, Entrepreneurship

4.7 • 995 Ratings

🗓️ 21 August 2021

⏱️ 44 minutes

🔗️ Recording | iTunes | RSS

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Summary

Today we’re talking with Kris Bennett about the beginner’s guide to self storage investing. He talks about how he took his first acquisition from 70% to 90% occupancy in 60 days in one easy step, how to be as hands off as possible in your investments, how he finds his deals even in a saturated market, and what specific metrics to look for to know you’re getting a good deal. Kris Bennett Real Estate Background: One of two self-storage managing partners at PassiveInvesting.com 14 years of CRE investing experience Recently closed a 15k sf. self-storage facility and adding another 150 units, or 22,000 sf of climate-controlled units Under contract on 2 self-storage facilities in NC and CO totaling $18 million in price Based in Vacaville, CA Say hi to him at: PassiveInvesting.com Best Ever Book: Principles Click here to know more about our sponsors: Real Estate CFO Services | ThinkMultifamily.com/coaching | Rent Redi | Rentify Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Did you know that within a decade women will hold $30 trillion in investable assets?
0:05.3	Yet somehow only 19% of women reported feeling confident in selecting investments that align
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0:35.5	control of their financial futures. Gain the knowledge and skills you need to grow
0:40.0	your portfolio and build a sustainable business all while connecting with over 500 women who are playing at the same level.
0:48.0	To learn more and to get your tickets, visit InvestHERCON.com today and use the code 100 best ever to get $100 off your ticket.
0:57.0	That's Invest Her, H-E-R-K-D-K-G-K-G-G-O-K-K-K-K-K-K-K-Kom, promo code 100 best ever to get $100 off your ticket.
1:05.0	We might have a preconceived idea of something, whatever it might be.
1:08.0	For example, self-storage is the best real estate asset class you can buy, hands down.
1:12.0	Well, maybe you're presented with new evidence that says
1:14.0	Mobile home parks are actually a little bit better.
1:15.5	Apartments and certain markets are actually better.
1:17.5	So we should be willing to change our mind when presented with new evidence or new information.
1:21.7	Quick disclaimer, the views and opinions expressed in this podcast are provided for informational
1:26.4	purposes only and should not be construed as an offer to buy or sell any securities
1:31.2	or to make or consider any investment or course of action.
1:35.4	For more information go to best ever show.com.
1:38.6	I want to introduce to Ash Patel.
1:40.4	He's a full-time commercial real estate investor he's going to be doing the
	...

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