Join us in this insightful episode as we chat with Kris Bennett, a seasoned real estate professional, about his accidental yet successful journey into the world of self-storage investments. Kris shares his experiences and the unexpected turns that led him from multifamily acquisitions to self-storage, offering valuable lessons and advice for aspiring investors.

Kris Bennett delves into his unexpected journey into self-storage investments, revealing how he discovered this niche by chance and the reasons behind his decision to pursue it. He shares various value-add strategies, from minor improvements to extensive expansions, that can enhance the profitability of self-storage facilities. Emphasizing the importance of understanding local market demand and supply, Kris provides insights into assessing market potential. He also discusses common challenges in self-storage investments, such as managing evictions and maintaining tenant satisfaction, and offers solutions based on his experiences. Additionally, Kris demystifies private equity in real estate, explaining the processes of syndications and fund-raising.

More about Kris Bennett:
Kris brings 14 years of real estate experience to PassiveInvesting.com, spanning self-storage and residential investment and brokerage. At his previous firm, his responsibilities include raising capital, sourcing deals, and leading due diligence. He has advised third-party groups on portfolio acquisitions totaling over fifty million dollars in value. He is a trusted voice in the self-storage space with his podcast The Storage Investor Show.

Kris has presented on the topic of technology in self-storage at the NC Self-Storage Association’s annual conference. He has also been a guest speaker in Executive MBA and Undergraduate classes at UNC’s Kenan-Flagler Business School.

Reach out:
Website: https://www.passiveinvesting.com/
LinkedIn: https://www.linkedin.com/in/thekrisbennett/

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Connect with Ginny Bolling on LinkedIn https://www.linkedin.com/in/ginnybolling

Pivot to Prosperity is a podcast that is sponsored by Pivotal Real Estate Investments, which focuses on helping investors build wealth and income through commercial real estate that improves communities. To learn more, visit www.PivotalRealEstateInvestments.com/contact-us

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