Is there any innovative storage solution that supports business growth? In this episode, the CEO and founder of Lonmgyards Storage, Chris Long explains his investment strategy and shares how this model is adaptable, affordable, and a great fit for corporate clients, small businesses, hobbyists, and others in need of storage space. You'll learn about the inner workings of the Longyards business model; from acquisition to construction, leasing to land banking, and pre-leasing customization. Plus you'll get insight into franchising opportunities and syndication options for investors who want to become passive participants in the business. Let's dig into this insightful conversation on passive real estate strategies!
Key Highlights:
[00:01 - 05:27] Chris Long's Incredible Passive Real Estate Strategy
• How Chris's investments have quadrupled in a short time
• A bridge between small companies needing space to lease and larger spaces or offices
• People pay by the square foot and there are preset packages available
[05:28 - 10:18] Long Yards: Adaptability and Speed for Construction Projects with Practical Solutions
• Why Longyards is built on adaptability and speed
• They can either lease the real estate or sell the business/real estate
• Territories are locked in to prevent competition
[10:19 - 17:39] Closing Segment
• Long Yards provides a franchise model where people can be operators of the business
Connect with Chris:
Key Quotes:
"Longyards is built on adaptability and speed. We want to keep it as simple as possible." - Chris Long
"It's all about education. That's what investing is." - Chris Long
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Get in touch: Justin@arealminvestor.com and let me know what topics you’d like me to cover or what guests I should have on.
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