Wealth vs. Income: Navigating Investment Strategies in the Self-Storage Industry with Ryan Smith
π In-Depth with Ryan Smith: Unlocking Wealth Creation Strategies in the Self-Storage Realm on The Self Storage Show!
ποΈ Jim Ross, your host, engages in a profound dialogue with Ryan Smith, founder of Elevation Capital Group, exploring the intrinsic subtleties between wealth creation and income generation in the self-storage and mobile home park investment spaces.
In this episode, we delve into:Β
π Ryanβs journey: An insightful episode in his mid-20s that pivoted his financial and business perspective towards wealth creation.
π The investment landscape: Navigating through the influx of new investors from 2019 to 2022, and understanding their lean towards income generation and the risks that come with it.
π¨ Risk & Return: Highlighting the potential challenges of high-leverage models and assessing risk against projected returns, especially amid fluctuating economic settings and escalating costs.
π Industry Evolution: A peek into the innovative transformation of the self-storage industry and how strategies like remote management are changing the game.
Connect with Ryan Smith: Website: Elevation Capital Group http://elevationcapitalgroup.com/
Join us for a deep-dive conversation that offers not just a window into Ryanβs experiences and learnings, but also actionable insights that can redefine your approach to investments in the self-storage industry.Β
π www.TheSelfStorageShow.com
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