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When you think about branching your investment strategy into a new real estate asset type, what usually comes to mind?

A transition into multifamily or commercial investing probably seems like the most likely course. But while multifamily gets the most time in the spotlight as the typical path for investors looking to scale their portfolio, you may find it a difficult market to break into. As popular markets like multifamily heat up, competition is becoming more fierce. However, there may be assets types that can offer equally lucrative investment opportunities that you have overlooked.

Florida’s Self-Storage Market

One such asset type that has quietly been growing into a dominant market in Florida’s real estate investing industry is self-storage. As rental demand rises, especially around dense urban centers like Orlando, Jacksonville, Tampa and Miami, the need for self-storage has been seeing parallel growth.

This is great news for investors as the demand for available storage space exists and it requires — relatively — less intensive management than traditional asset types.

This episode, we’re joined by investor and educator, Scott Meyers, as we discuss the current state of Florida’s self-storage investment market. A veteran investor, Scott was still focusing on traditional asset types when he discovered the investment potential of self-storage. Since then, he has not looked back.

Scott is particularly bullish on Florida’s self-storage market and has an active presence throughout the state.

About Our Guest

For a self-storage discussion, we couldn’t have asked for a better guest than Scott. Scott has years of experience in the acquisition, development and syndication of self-storage properties.

As the Founder and President of SelfStorageInvesting.com, Scott has created a comprehensive platform for investors to learn about and engage in the self-storage market.