))
Building Wealth Through Self Storage: A Conversation with Chris Lawrence
Manage episode 425908710 series 3460277
Content provided by Matt Drouin. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Matt Drouin or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://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
62 episodes
Share
