A Deep Dive Into Self Storage Ventures: How to Make Profitable Real Estate Investments with Kevin Rapport

01/12/2023 35 min Temporada 1 Episodio 97
A Deep Dive Into Self Storage Ventures: How to Make Profitable Real Estate Investments with Kevin Rapport

Listen "A Deep Dive Into Self Storage Ventures: How to Make Profitable Real Estate Investments with Kevin Rapport"

Episode Synopsis

“It's easier than you think.”  - Kevin RapportEpisode Summary:Join us in this eye-opening episode as we delve into the world of self-storage investments with the dynamic Kevin Rapport. Kevin shares his journey from real estate novice to owning three thriving storage facilities across the United States.Starting his real estate journey during his college years, Kevin's ventures began with foreclosed and rundown homes in Tucson, Arizona. Over the years, he expanded into multi-family properties, achieving financial freedom that allowed him to travel the world.  In this episode, Kevin discusses the intricacies of self-storage business, from understanding the market to financing options and legal aspects. He provides valuable insights on overcoming limiting beliefs, forming partnerships, and getting started in the self-storage industry. Kevin emphasizes the importance of finding a mentor, reaching out for help, and always having a future plan.Kevin's story is not just about profitable investments but also about balancing family life and business, showcasing the fulfillment that comes with aligning passion and purpose.Tune in for a deep dive into the self-storage industry and discover how Kevin Rapport's experiences can guide you on your path to successful real estate investments. About Kevin Rapport:Kevin is a husband, dad, fireman, and self storage investor. He began his real estate journey in 2008 while attending the University of Arizona in Tucson AZ. Kevin and a buddy of his bought foreclosed and rundown homes, rehabbed them, and rented the houses to college friends. This quickly turned into a business and they began to acquire multi-family properties as well as SFRs, while continuing their studies. After graduating in 2011, Kevin continued to build a real estate portfolio while working for 2 different Fortune 500 companies. Once Kevin reached a level of financial freedom he was comfortable with, he quit his 9-5 job, bought a one way ticket to Sydney Australia and traveled for a year with his girlfriend, who is now his wife. This freedom and time away, allowed Kevin to zero in on his passions and his desire to serve. Kevin came back to the United States and pursued Firefighting. He is currently a fireman (7 years on) and continues to invest in real estate, focusing on the self storage industry. Kevin owns 3 storage facilities, and still holds a number of SFRs and Multi Family properties throughout the US.  In this episode:Twitter and real estateExploring the self storage businessUnderstanding the self storage marketKevin's self storage ventures in different statesA deep dive into the self storage businessOvercoming limiting beliefsThe different financing options and aspects of self storagePartnerships in self storageGetting started in self storageRaising funds for investing in self storageThe legal aspects of investing in self storageInvesting in your local areaEvaluating supply and demandUsing google maps for market researchUnderstanding market oversupplyBalancing family and businessSetting future goalsThe impact of lien laws  Key Takeaways:Find a mentor to guide you and help you overcome your limiting beliefs.Be willing to reach out for help.Always have a future plan.Are you ready to take charge of your financial freedom?Check out Joel’s new course! https://joel-farrell-be35.mykajabi.com/offers/yLCu5bFC/checkout Connect with Kevin Rapport:https://twitter.com/Storage_Venture  Connect with Joel Farrell:https://www.strivefor25.com/joel@strivefor25https://www.linkedin.com/in/joelfarrellvaloans/https://www.youtube.com/channel/UCISoNioAVR083iLErviv6pQ/featuredhttps://www.instagram.com/strivefor25_/ Audio and show notes by Premier Podcast Promotions
Skool Guide: https://www.skool.com/strive-for-25-1965/classroom Youtube Episode: https://youtu.be/AstrTNZMEec?si=payTCkaKFRv29Znv 

More episodes of the podcast Strive For 25