JF2715: Best Practices for Self-Storage Conversions ft. Erik Hemingway

<p><span style="font-weight: 400;">Erik Hemingway traveled the world with his family for years. They’ve lived in Costa Rica, sailed through the Mediterranean, and sailed across the Atlantic Ocean. All of their travels were made possible because of Erik’s passive income from self-storage. In this episode, Erik shares his strategy for locating self-storage deals, assessing the market, and analyzing the risk on these deals.</span></p> <p><span style="font-weight: 400;">Erik Hemingway | Real Estate Background</span></p> <ul> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">Founder of Nomad Capital which focuses on heavy value-add properties, bringing an in-house general contractor component to projects such as self-storage conversions, ground up development, boutique hospitality, and commercial retail asset classes.</span></li> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">Portfolio: $35M in CRE, primarily in self-storage properties.</span></li> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">Erik used passive investing to leave the ‘9-5’ life and take his family on adventures, including living in Costa Rica for 1.5 years and sailing through the Mediterranean and across the Atlantic Ocean.</span></li> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">Based in: Wilmington, NC</span></li> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">Say hi to him at:</span> <a href= "http://www.nomadcapital.us"><span style= "font-weight: 400;">www.nomadcapital.us</span></a> <span style= "font-weight: 400;">| erik@nomadcapital.us</span></li> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">Best Ever Book:</span> <a href= "https://amzn.to/3opIdVc"><span style= "font-weight: 400;"><em>Traction: Get a Grip on Your Business</em> by Gino Wickman</span></a></li> </ul> <p><strong>Click here to know more about our sponsors:</strong> <a href= "https://nam10.safelinks.