Mark Helm is the owner of Q-2 Self-Storage in Louisville, Ky., author of Creating Wealth Through Self-Storage and creator of Storage World Analyzer, a financial-analysis software program. He is also creator of Quick Start Academy, which provides online training for small investors who want to break into the self-storage business or strategically grow an existing operation. Mark started working with REITS (publicly traded companies who own real estate) in the mid 1990’s to help them locate and purchase self storage properties.
In this episode, Tyler and Mark’s discussion primarily focused on Mark’s strategies and insights of the self-storage asset class. They discussed the two best tactics for real estate investors to get into the self-storage business, Mark’s business model of buying mom-and-pop facilities, why self-storage is so recession-resistant, why demand has increased during the pandemic, and the five KPIs that Mark’s business tracks.
They also talked about how mindset makes difference between success and failure, focusing on possessing a positive belief system, taking action into the unknown, the power of meditation, working on yourself before your business and more!
Connect with Mark:
Email: mark@helmproperties.com
Website: creatingwealththroughselfstorage.com
Youtube: https://www.youtube.com/channel/UCFwEQnGiNYB46SSs2_HoTsA
The following books were mentioned in the episode:
Creating Wealth Through Self-Storage, by Mark Helm
Think and Grow Rich, by Napoleon Hill
The Science of Getting Rich, by Wallace D. Wattles
Autobiography of a Yogi, by Paramahansa Yogananda
Apply for coaching with Tyler! The world's top performers in any field have a coach to help them achieve drastically greater results and in less time. The most successful real estate investors are no different. To apply for a results coaching session with Tyler, visit coachwithtyler.com.
This episode of Elevate is brought to you by CF Capital LLC, a national real estate investment firm that focuses on acquiring and operating multifamily assets that provide stable cash flow, capital appreciation, and a margin of safety. CF Capital leverages its expertise in acquisitions and management to provide investors with superior risk-adjusted returns while placing a premium on preserving capital. Learn more at cfcapllc.com.
E221 Chris Larsen - How to Create Next-Level Income and Anticipate Trends Through Financial Education and Multifamily Investing
E220 Laird Hamilton - Catch Every Wave: How to Face Your Greatest Fears, Get Fit and Do Big Things
E219 Tom Burns - Why Doctors Don’t Get Rich, Understanding HUD Loans for Multifamily Acquisitions and Development, and Traits of the Wealthy-Minded
E218 Elevate Exclusive with Tyler Chesser - How to Make Wise, Long-Term Real Estate Investing Decisions Through Due Diligence
E217 Dr. Melva Pinn-Bingham, MD - Shifting Mindsets for Personal Development, Risk Management, Franchising, and Creating Multiple Streams of Income
E216 Sergey Young - From Private Equity Success to Impacting a Billion Lives, Easy Steps to Live a Longer, Healthier and Happier Life
E215 Chris Naugle - Non-Conformist Financial Education: How to Be Your Own Bank and Instill the Mindset of the Wealthy
E214 David Heinemeier Hansson - The Case for Remote Work, Stoicism, Working Smarter and Discovering the True Source of Fulfillment
E213 Damion Lupo - Chasing Truth, Understanding the Essence of Crypto, Blockchain and Your Own Personal Development Weapon
E212 Neal Bawa - The Future of Real Estate Investing, Tokenization & Optimizing Processes for Scale
E211 How High-Performing Real Estate Investors Leverage Personal Development to Grow Their Business - Words from the Wise
E210 Don Yaeger - The Journey to Greatness and the Art of Storytelling
E209 Amy Sylvis - Going Further, Faster: How to Leverage the Gifts of Challenges and Multifamily Real Estate Investing
E208 Elevate Exclusive with Tyler Chesser - How to Get Clear on Your Real Estate Investing Goals
E207 Robert D. Burr - How to Build Trust and Create Generational Wealth Through Oil and Gas Investing
E206 Michael Bungay Stanier - Unlocking Greatness: The Power of Setting Worthy Goals and Staying Curious Longer
E205 Rob Beardsley - Underwriting Real Estate Investment Deals and Optimizing a Positive Mindset
E204 Kent Ritter - How to Invest and Evaluate Deals Like a Pro
E203 Dr. Peter Linneman - Analyzing and Projecting the Post-Pandemic Economy
E202 Dorie Clark - How to Play the Long Game in Business, Meet New People and Build a Personal Brand
Create your
podcast in
minutes
It is Free
The Commercial Edge: Unleash the Power of People
The emPOWERed Half Hour
U.S Property Podcast
Aligned Money Show
Dubai Property Podcast
The Ramsey Show
The Clark Howard Podcast