In this episode, Scott Smith reveals his pivot from investing in single-family rentals using different strategies to self-storage facilities and the various reasons for doing it. If you’re a residential real estate investor who wants to land big deals in the commercial industry, you’ve got to hear Scott’s approach and mindset. Tune in!

 

KEY TAKEAWAYS

• How to test the waters of a real estate niche effectively
• A not-so-ideal investing strategy for cash flow-driven newbies
• Breaking down Scott’s first ever self storage deal
• Why it’s crucial to set a clear vision and update it regularly
• Upfront advice for real estate investors and entrepreneurs

 

RESOURCES/LINKS MENTIONED

• Armando Montelongo
• Profits First by Mike Michalowicz | Kindle and Hardcover 
• Michael Wagner
• Lifeonaire
• MLS
• LoopNet
• Crexi 
• Rich Dad Poor Dad by Robert T. Kiyosaki | Kindle and Paperback
• The 4-Hour Workweek by Timothy Ferris | Kindle and Hardcover 

 

TWEETABLES

• “If you want something, you just have to go out and get it.” - Scott Smith
• “Stop waiting for things to be perfect before you act.” - Alex Pardo

 

ABOUT SCOTT SMITH

Scott is an investor and managing real estate broker at Real Time Investments, LLC. He is also a Lifeonaire Titanium Member. His company focuses on buying, rehabbing, and selling distressed residential homes in Central Texas, primarily in Waco and Austin. 

 

CONNECT WITH SCOTT

• Facebook: Scott Smith 

 

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