Essential strategies for development amidst financial uncertainties.

In this episode, Scott explores the intricacies of evaluating potential development sites for lender approval in today's challenging economic landscape.

With interest rates on the rise and a potential recession looming, Scott discusses the strategic importance of seizing opportunities during economic downturns, where less competition can lead to greater profits.

He provides detailed insights on proper site selection, the critical role of feasibility studies, and shares lessons learned from past development challenges, urging investors to be proactive and well-prepared for when the market rebounds.

Listen For:
4:53 Evaluating Potential Development Sites
10:50 Overbuilding: A Developer's Cautionary Tale
13:37 Navigating Financial Challenges and Recovery Options

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Technology is transforming self-storage.

Jackson Stevens shows us how tech can reign supreme in the realm of self-storage.

Scott and Jackson discuss the SpareBox Technologies’ rapid growth and the innovative software solutions driving operational excellence.

From AI-driven revenue management to real-time field operations apps, Stevens articulates how the integration of these technologies not only boosts NOI but also fundamentally alters the traditional storage facility management approach.

Listen For:
7:34 Unveiling RaFA: The Remote Field Operations App
11:14 Leveraging AI for Effective Customer Acquisition
16:17 The Philosophy Behind Spare Box's Technological Suite
19:14 Enhancing Tenant Communication via Tech Tools

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GUEST: JACKSON STEVENS CEO and Co-Founder of SpareBox Technologies.
Website | LinkedIn | SpareBox Technologies LinkedIn

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The ISS World Expo sets the stage.

After attending the ISS World Expo in Las Vegas, Scott shares a comprehensive breakdown of the event, highlighting the vibrant community and the dynamic evolution of the self-storage industry.

From technological advancements to the strategic discussions about the future of self-storage investments, Scott's offers a firsthand account of the industry's pulse. His focus on community, networking, and the significance of staying ahead of market trends provides invaluable guidance for anyone looking to scale in this sector.

Listen For:
3:52 Education and Strategy - Choosing Your Path at the Expo
5:02 The Great Rollup - Discussing Industry Consolidation
9:12 Business as Usual? - Self-Storage in Today's Economy

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