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336. The Opportunities Of Multifamily Mobile Home Parks And Self-Storage With Andrew Leedom

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Andrew Leedom is a husband and father of 4 who transitioned from structural engineering to full-time commercial real estate to maximize his time talents and resources He is the founder of Self Storage Stewardship and has partnered with Community Investment Group a company that provides investment opportunities including multi-family hotel conversions and self-storage to build their self-storage division In this episode we welcome back Andrew Leedom Andrew shares when he decided to switch careers and enter the commercial real estate space That the primary reason was that he didn t see any financial benefits from his current career path and that time was also big factor in his decision He started learning about real estate through podcasts and books and found pockets of success early on His daughter was a major motivating factor in his decision to enter the industry as she was struggling to pay her college tuition To learn more about Andrew listeners can visit his website at Self-Storage Stewardship 00 01 – 01 28 Opening Segment Andrew shares how he left his career to pursue commercial real estate He found real estate to be a more profitable and time-effective investment than his previous career path and he recommends others to do the same 01 29 – 18 08 The Opportunities Of Multifamily Mobile Home Parks And Self-Storage Real estate is a unique asset class that offers a variety of opportunities for wealth creation He realized that he had to take control of his finances and invest in themselves Re-evaluating his residential multi-family portfolio and how it performs compared to what he had anticipated Being on track and scaling the business There is a lot of opportunity in the self-storage boat and RV storage markets The barriers to entry for these industries are not as high as in other asset classes 18 09- 26 06 Closing Segment Andrew shares his journey from engineering to commercial real estate Andrew shares where you can get in contact with him links below Quote s Some of the bigger players are they are moving into secondary markets but they re still not touching any of the smaller secondary markets and tertiary markets So there s still a lot of room for folks to get in and get their foot in the door and get started Andrew Leedom You can connect with Andrew through his Website Self-Storage Stewardship WANT TO LEARN MORE Connect with me through LinkedIn Or send me an email at sujata luxe-cap com Visit my website www luxe-cap com or my YouTube channel Thanks for tuning in If you liked my show LEAVE A 5-STAR REVIEW like and subscribe Click here to visit this podcast episode