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Building Wealth Through Self Storage: A Conversation with Chris Lawrence
Manage episode 425908710 series 3460277
Contenuto fornito da Matt Drouin. Tutti i contenuti dei podcast, inclusi episodi, grafica e descrizioni dei podcast, vengono caricati e forniti direttamente da Matt Drouin o dal partner della piattaforma podcast. Se ritieni che qualcuno stia utilizzando la tua opera protetta da copyright senza la tua autorizzazione, puoi seguire la procedura descritta qui https://it.player.fm/legal.
In this episode of the Go Big Live Real Estate Investors Podcast, host Matt Drouin sits down with Chris Lawrence, a successful real estate investor. Chris shares his journey from flipping houses and working a demanding sales job to becoming a managing partner at Stepping Stone Storage. He discusses the importance of surrounding yourself with like-minded individuals, the challenges and successes in transitioning to commercial real estate, and his approach to scaling his business. Chris also delves into specific deals, including the hurdles he faced and overcame, providing listeners with valuable insights and advice on investing in self-storage and the importance of mindset and mentorship.
00:22 Meet the Guest: Christopher Lawrence
01:59 Chris's Journey into Real Estate
04:00 Flipping Houses and Early Challenges
05:42 Transition to Self Storage
07:12 First Self Storage Deal
14:45 Cold Calling and Prospecting
21:47 Navigating Bank Loans and Refinancing
22:59 Building Trust with Business Partners
24:37 Leveraging Securities-Based Lines of Credit
25:40 Challenges in Real Estate Deals
26:58 Closing a Complex Property Deal
31:51 Overcoming Operational Hurdles
35:27 Lessons Learned and Moving Forward
39:25 Advice for Aspiring Real Estate Investors
42:01 Connecting with Chris
Connect with Chris:
Instagram: @wealthfromstorage
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