You may know Scott Myers as the self-storage expert, with over 20 years of experience and a reputation as a national authority in the industry. Scott has owned, developed, or managed over 28,000 storage units and more than 5 million square feet of self-storage space. In this episode, he joins Ron LeGrand to share his journey and proven strategies for building a thriving self-storage business. Whether you're just starting or looking to scale, this episode is packed with actionable insights.

What you’ll learn about in this episode:

• How Scott transitioned from residential real estate to self-storage and built an empire.
• Why self-storage is a recession-resistant, low-maintenance investment opportunity.
• How to get started in self-storage with little money or credit using creative financing strategies.
• The power of partnerships and raising capital to scale your business.
• How to leverage technology to run unmanned self-storage facilities and cut costs.
• Scott’s reflections on the mistakes he made early in his career and the lessons learned.
• Why starting sooner could have made all the difference in his journey.
• How Scott uses his business to give back and support charitable causes.
• The most common size of self-storage units today and how the market has evolved.
• Why self-storage is not just a real estate play but a lifestyle business for long-term wealth and impact.

Resources:

• Visit Scott’s website: SelfStorageInvesting.com for free resources and training on self-storage.
• Get Ron’s Free Book and Audio Here
• Sign up for a Free Mentor Panning Session: https://www.RonLeGrand.com/Plan
• Free Training: www.TheMentorPodcast.com/Terms172
• Get Ron’s $599 Wholesaling course for FREE when you join his Gold Club for ONLY $99 a month! – www.TheMentorPodcast.com/GC172

You may know Ron LeGrand as the real estate guy. He’s been at it for 40+ years and has bought and sold well over 3000 houses without using his money or credit, and he’s taught hundreds of thousands of people to do the same and still do to this very day. Ron still teaches classes all over America and does live deals with students everywhere he goes.

What you’ll learn about in this episode:

• Who can succeed in real estate, and why the things you think are holding you back really aren’t
• How you can buy and sell without spending your own money or putting your credit score at risk
• The difference between the “ugly house” business and the “pretty house” business, and which one is the quicker and easier option
• Why “no terms, no deal” is the one mantra you should be following for all your transactions
• The difference between the three kinds of terms and how they can each benefit you
• Ron’s strategies for lowering your tax liability and paying as little as possible in taxes
• Ron shares the full details from start to finish of two case studies for properties he purchased, including the financial numbers so you can follow along with his process
• How you can get access to Ron’s prepared scripts for every part of the purchase and sale process
• Which three key questions to ask a potential seller to determine if the purchase is worth your time

Resources:

• TheMentorPodcast.com/2Fastest
• Get Ron’s Free Book and Audio Here
• Get Ron’s $599 Wholesaling course for FREE when you join his Gold Club for ONLY $99 a month!

What You'll Learn About in this Episode:

In this insightful episode of The Mentor Podcast, Ron LeGrand is joined by Mark Mostek, a former student turned multimillionaire, who shares the story of his rise in the world of commercial real estate. Mark reveals the journey behind his success, including how he used other people's money to fund a major self-storage project and turned it into a life-changing opportunity. From navigating challenges to finding the right partners, Mark’s story demonstrates the power of persistence and education in commercial real estate.

Key Topics Covered:

• Mark’s First Big Project: Learn how Mark went from being a student in Ron’s boot camp to overseeing a 125-acre mixed-use development project.
• Overcoming the 2008 Market Crash: Hear how Mark faced the collapse of the commercial development industry and pivoted his career into investment banking and self-storage.
• The Journey into Self-Storage: Discover the steps Mark took to research, fund, and develop a profitable self-storage facility using little of his own money.
• Raising Capital Without Risk: Understand how Mark raised funds for large-scale projects without personally guaranteeing loans or putting up his own capital.
• Navigating Setbacks: Learn how Mark dealt with unexpected obstacles, including losing investors and finding new partners to push the project forward.
• Turning a $1.6M Investment into a $19.5M Sale: Get the inside scoop on how Mark's Springfield self-storage project became a multimillion-dollar success.
• Importance of Due Diligence: Explore how thorough planning and proper execution can prevent costly mistakes and ensure success in commercial real estate ventures.
• The Role of Partnerships: Understand how strategic partnerships can make or break a project, and how to find the right people to work with.
• Why Commercial Real Estate Is a Game-Changer: Mark and Ron discuss the transformative power of commercial real estate and how one successful project can set you up for life.

Resources:

• Get Ron’s Free 6 video lesson series at www.TheMentorpodcast.com/CP
• Sign up for a Free Mentor Panning Session: https://www.RonLeGrand.com/Plan
• Free Training: www.TheMentorPodcast.com/Terms170
• Get Ron’s $599 Wholesaling course for FREE when you join his Gold Club for ONLY $99 a month! – www.TheMentorPodcast.com/GC170