In this episode, Mike Peters interviews Martin Mei about investment opportunities in self-storage facilities and mobile home parks, while exploring market strategies and property management approaches.
Key Timestamps:
[0:00] Background Introduction
- Real estate investment journey
- Transition from multifamily
- Portfolio development
[4:30] Self-Storage Market
- Supply/demand metrics
- Feasibility studies
- Market analysis
[8:45] Investment Strategy
- REITs and market share
- Exit strategies
- Operational considerations
[12:30] Mobile Home Parks
- Affordable housing solution
- Development challenges
- Municipal considerations
[16:45] Market Analysis
- Square footage calculations
- Occupancy targets
- Pricing strategies
[21:15] Geographic Opportunities
- US market expansion
- Regional differences
- Growth potential
[25:30] Partnership Options
- Joint venture structures
- Investor requirements
- Exit timelines
Key Strategy Points:
1. Self-Storage Development
- Market research requirements
- Square foot per capita analysis
- Competition evaluation
2. Mobile Home Parks
- Municipal approval process
- Infrastructure requirements
- Management strategies
3. Investment Structure
- REITs involvement
- Exit strategies
- Partnership opportunities
Contact Information:
Instagram: @MartinSelfStorage
Important Tips:
- Conduct thorough feasibility studies
- Consider municipal regulations
- Analyze market saturation levels
- Evaluate management efficiency
- Research infrastructure requirements