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Jake & Gino: Real Estate Investing & Multifamily

Opportunities in Self Storage Investing W/ Kris Benson

Jake & Gino: Real Estate Investing & Multifamily

Jake & Gino

Smartinvesting, Buyingrealestate, Investing, Multifamilyrealestateinvesting, Business, Investingsmart, Apartmentinvesting, Management, Makingmoney, Realestateinvesting, Cashflow, Jakeandgino, Realestateinvestment, Commercialrealestateinvesting, Buyingapartmentbuildings, Entrepreneurship

4.9 • 842 Ratings

🗓️ 5 August 2021

⏱️ 48 minutes

🧾️ Download transcript

Summary

"Some men see things as they are and ask WHY? I dream things that never were and ask, WHY NOT?" - Robert Kennedy  On this episode, Jake and Gino talk with Kris Benson. Kris is a managing principle at Reliant Investments, a subsidiary of Reliant Real Estate Management, a top 30 operator in the self-storage space. Kris oversees investor relations and equity contributions for Reliant’s portfolio expansions. Kris shares how he left his job and started with his real estate business eventually getting into self-storage real estate. While listening to a podcast, he was struck by the words: Risk is the tariff paid to leave the shores of predictable misery. Kris’ risks have paid off as he has charted his own course while building Reliant into an institutional quality investment platform. The key takeaways from the Podcast include the following: To raise capital, you need to have a track record and credibility to pitch investors. But what if you have just started. Check out what Kris advises. There is always something that can hold you back from making a deal, there is no perfect time to get started with real estate investing. Growth mindset doesn’t look for problems, it looks for solutions. It looks opportunities in problems. Big money is not in buying and selling, but buying and waiting. That’s how wealthy people think about real estate investing.   Listen to the podcast to learn more. Do you want to learn more about Multifamily Investing? Register this complimentary training now: https://bityl.co/6v71

Transcript

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0:00.0

you know, the one thing I would say to people is you have to be able to have, you know,

0:04.1

track record and credibility to go out to investors to show a, what I'm pitching you is a

0:10.3

reasonable product or is a good investment.

0:22.2

Hi, everybody. This is Jake Sandino.

0:25.4

I host the Wheelbarrow Products podcast with my co-host, the multi-family mentor,

0:28.7

the coach Shep, Father Six, the best-selling author, The Geneady.

0:29.8

Gina Barber, Gene, how's it going?

0:32.4

Mr. Stenziano, I'm doing very good.

0:34.0

You're on vacation today, huh, my friend?

0:39.6

You know, always making it happen over here in Charleston, trying to get through some audio issues, but we're going to do it today. So, you've got a very special

0:44.5

guest today. Today's guest is the chief investment officer for Reliant Real Estate Management.

0:50.3

As CIO, he is responsible for overseeing the company's new acquisitions.

0:54.9

And in the last 12 months, his team has invested in over 100 million in self-storage projects and raised over 50 million in equity.

1:04.2

So, up further ado, Chris Benson, welcome to show.

1:06.9

Thank you guys. I appreciate it.

1:08.5

How are you?

1:09.3

You're doing great.

1:11.7

Excellent. Doing really good. Now, that is a, it's a lot of storage. It's a lot of people's stuff that

1:18.9

you've just invested in. And before we get to your background and your story, how is the

1:24.4

demand for self-storage? And I'm just curious if there's enough supply. I'm guessing there is because I see the revolving door, which is the Amazon man at my house every day. And we're constantly, you know, buy more stuff. So I think he's kind of like an extended family member now. I think my wife's putting a little addition, you know, on the house for him. But I don't think

1:44.4

Americans are buying less stuff. So maybe dive into that before you get into your story.

1:49.3

Yeah, for sure. So I mean, look, what I would say first off is you're 100% correct. Like

...

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