The Largest Boat and RV Storage Acquisition with Scott Ramser and Adam Deermont
Self Storage Income
AJ Osborne
4.9 • 591 Ratings
🗓️ 23 December 2021
⏱️ 60 minutes
🧾️ Download transcript
Summary
Welcome back everyone to the Self Storage Income Podcast! This is your host, AJ Osborne! If you’ve been listening to the podcast for a while you’ll be super excited to hear a familiar voice on the podcast today… If you’re new to the podcast, well… you’re in for an amazing episode that is packed with outstanding amounts of value. This is especially the case if you’ve ever thought about or considered investing in boat and RV storage. That said, it’s my pleasure to welcome back my friend and fellow self storage empire-builder, Scott Ramser. And this time, he’s not alone! He brings with him today his partner Adam Deermont. Scott and Adam just recently closed on THE largest Boat and RV acquisition ever in Florida, which is huge news. Boat and RV storage is Scott’s bread and butter, and he knows this asset class within self storage better than anyone. Scott and Adam share all details of this incredible acquisition - how they found it, how they funded it, the closing, and how they even worked witht the seller to increase value before they even closed… absolutely incredible. But we’re coving it all today. We even dive into what they believe the 2022 self storage industry will look like and their plans moving forward. Tune in, soak up the value, and enjoy! Thanks everybody! AJ Stay in touch with Scott and Adam on their websites: Scott: https://www.ramserdevco.com/ Adam: https://ranchharbor.com/ Success doesn’t happen on an island, which is why I’ve launched the CRE Circle. Build your community, your resources, and your commercial real estate investing opportunities. That first or even next deal could be right around the corner. You can learn more about the CRE Circle and sign up here: https://www.thecrecircle.com/ Be sure to go to Selfstorageincome.com to get your copy of my Self Storage Playbook. This step by step playbook walks you through from start to finish - how to identify a self storage market, how to perform due diligence, how to contact a current owner, and ultimately how to land a deal and purchase a storage facility. You can also find the Self Storage Income Podcast on: iTunes Spotify Stitcher The Self Storage Income Podcast is Sponsored by: Janus International - https://www.janusintl.com/ Store Local - https://www.selfstorage.coop/aws/SL/pt/sp/home_page Live Oak Bank - liveoakbank.com/incomepodcast Tenant Inc. - https://www.tenantinc.com/ Cedar Creek Wealth: https://cedarcreekwealth.com/
Transcript
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| 0:00.0 | Welcome back, everybody, to the Self-Storage Income Podcast. We have another incredible episode lined up for you today. But before we get into that, huge shout out to all of our amazing sponsors, Janice International, Store Local, Live Oak Bank, and Tenant, Inc. Be sure to check out the links in the show notes. You guys probably hear us talking about these guys on the podcast all the time. Janice International, tons of amazing people, tons of amazing products, services, |
| 0:25.6 | their no-key service, there are three programs, all these different aspects to help you build |
| 0:29.7 | an amazing storage facility or upgrade your storage facility. Just a fantastic group. Store |
| 0:35.6 | local. It's honestly one of the biggest threats to self-storage |
| 0:39.3 | is market consolidation and everything that goes along with that. So enter Store Local, |
| 0:45.4 | the largest storage co-op in the world. Just amazing people again. Tons of awesome people there |
| 0:51.6 | and amazing solutions to bring everybody's resources together |
| 0:55.1 | and utilize those in an effective way to be able to compete and also thrive in a world of |
| 1:01.6 | competition with some of these larger reits and the big players in the self-storage industry. |
| 1:06.5 | Check out store local, amazing, amazing opportunities there. |
| 1:09.7 | Live Oak Bank. |
| 1:10.7 | I don't know how many of you guys |
| 1:11.5 | came to our live event in Coral Lane just this past year, but we had some amazing conversations |
| 1:17.4 | with Live Oak Bank there, and they were probably one of the most popular topics there in our |
| 1:23.1 | breakout sessions, and people want to know. They want to know the financing. You guys want to know |
| 1:27.4 | what the solutions are, what the deals look like, all these different aspects to financing. |
| 1:32.4 | Live Oak Bank is that answer specifically for self-storage. They specialize in storage, which is just |
| 1:37.4 | incredible. There's no learning curve for them to understand the asset. They know it. They've been |
| 1:42.6 | there before. And they can help you see things |
| 1:44.5 | that you might not even be seeing yourself. So Live Oak Bank, amazing. Check the link in the show |
| 1:48.9 | notes. And last but not least, Tenant Inc. Tenant Inc. is an incredible slew of products and |
| 1:56.3 | services, essentially, for your storage facilities to help automate, to help streamline, to help optimize |
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