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JF3290: Tom Dunkel - Turning Corporate Curveballs into Self-Storage Triumphs

JF3290: Tom Dunkel - Turning Corporate Curveballs into Self-Storage Triumphs

FromBest Real Estate Investing Advice Ever


JF3290: Tom Dunkel - Turning Corporate Curveballs into Self-Storage Triumphs

FromBest Real Estate Investing Advice Ever

ratings:
Length:
30 minutes
Released:
Sep 7, 2023
Format:
Podcast episode

Description

Ever wondered how a corporate setback transformed into a self-storage success story? From unexpected career shifts to pioneering self-storage strategies, get ready to unravel the journey of Tom Dunkel, the Chief Investment Officer at Bellrose Storage Group, a seasoned investor who turned challenges into opportunities, all while carving a niche within a niche. Discover the untapped potential of contractor storage and flex space markets, and glean insights into building a powerhouse team that drives commercial real estate success. Key Takeaways: Niche within a Niche: Contractor Storage and Flex Space: Tom discusses the benefits of offering climate-controlled flex industrial units with amenities like electricity and security features to attract contractors and businesses. Investor Insights: Building a Solid Team and Finding Deals: Tom emphasizes the importance of assembling a strong team and building a network of experts and partners. Tom also offers advice on seeking out mastermind groups, investor meetups, and networking opportunities to connect with potential team members and partners. Lessons from Self-Storage Success and Pivoting Strategies: Tom shares the pivotal lessons learned from transitioning from the corporate world to entrepreneurship, including facing challenges head-on. He also shares strategies for success in self-storage, such as seeking niche opportunities, embracing value-add strategies, and aligning investments with high net worth investors.   Tom Dunkel | Real Estate Background Chief Investment Officer, Belrose Storage Group Portfolio: 11 self storage facilities across 7 states Based in: Wayne, PA Say hi to him at:  Facebook LinkedIn Best Ever Book: Who Not How by Dan Sullivan Greatest Lesson: Be intentional about who you choose to be on your team and who you choose to partner with.   Click here to learn more about our sponsors: Masterworks Delete Me BAM Capital SyndicationAttorneys.com
Released:
Sep 7, 2023
Format:
Podcast episode

Titles in the series (100)

Are you ready for the best real estate investing advice EVER? Welcome to the world's longest running, DAILY real estate investing podcast hosted by Joe Fairless. Joe went from buying $35,000 single family homes to controlling over $500,000,000 worth of large apartment communities in under a decade. Join Joe as he interviews flippers, renters, builders, passive investors, and many other successful professionals ready to give you their Best Ever advice without the fluff. Plus, tune in every Friday for a special episode as Joe shares his own real estate investing and personal development knowledge.