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Why Invest in Self-Storage? And Why Now?
Episode 11428th January 2022 • Road to Family Freedom • Neil and Brittany Henderson
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In the second part of our conversation with Clint Harris, we talk about how and why we are investing in self-storage. Clint is a successful active investor in short-term rentals, but he is transitioning into investing in self-storage. We talk about why he has made that shift, as well as the strengths of our partners at Nomad Capital. 

In This Episode We Cover:

  • The Importance of Diversification into Passive Investing Assets
  • The Similarities of the Technologic Shifts that are Happening in Self-Storage and Short-Term Rentals
  • Who is Consuming Self-Storage Right Now?
  • The Opportunities that the Decline in Big-Box Retail Presents for Self-Storage
  • And much more!

Schedule a Call with Us to Talk About Self-Storage

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Transcripts

Clint Harris:

For me, based upon the returns that we're seeing, it is a perfect

Clint Harris:

fit to get me away from hurricane alley to take the profits from my short-term

Clint Harris:

rental business, drop into something else.

Clint Harris:

That's highly profitable.

Clint Harris:

That for me can be completely passive.

Clint Harris:

And again, vertically integrated these guys own the construction.

Clint Harris:

They're buying the building, they're running the analysis, they own the

Clint Harris:

construction and they own the property management company as a business

Clint Harris:

owner and a short-term investor.

Clint Harris:

I understand the value of vertical integration and

Clint Harris:

controlling every part of that.

Clint Harris:

And also not paying the going market rate for construction and for the

Clint Harris:

property management and everything else like that, that combined with

Clint Harris:

the streamlining and automating and putting in touch screens and leveraging

Clint Harris:

technology to reduce onsite staff, but still have high level of security.

Clint Harris:

It's a no-brainer

Neil Henderson:

You want to build financial freedom for your family

Neil Henderson:

through real estate investing, but you don't have the time or the money

Neil Henderson:

or the knowledge you need to invest.

Neil Henderson:

We are busy parents just like you.

Neil Henderson:

Each week we interview successful real estate entrepreneurs about their chosen

Neil Henderson:

investment strategy and break it down by how much money it took to get started.

Neil Henderson:

How much time it takes and what kind of knowledge it took to get started?

Neil Henderson:

Or why passive investing might be right for you.

Neil Henderson:

Join us and let's hit the road to Family Freedom!

Neil Henderson:

In this, the second part of our interview with Clint Harris, we talk

Neil Henderson:

about his pivot into self storage, investing, why he chose to add self

Neil Henderson:

storage to his investment strategy.

Neil Henderson:

Why self storage and why now?

Neil Henderson:

So this is going to be a two-parter because we're going to of the

Neil Henderson:

things Clint and I are going to talk about is diversification,

Neil Henderson:

and pivoting into the kinds of things that he and I are doing now.

Neil Henderson:

We were talking about this right before we recorded and the importance of, we

Neil Henderson:

all know, you know, a lot of active, real estate investors, you know, short

Neil Henderson:

term rental people, you know, self storage, people, multi-family people,

Neil Henderson:

BRRRR investors, house flippers, all of them, active investors frequently

Neil Henderson:

become addicted to the returns that you're getting with an active investment.

Neil Henderson:

I know that I can take my $50,000 and I can, I can earn a 30 to 50%

Neil Henderson:

return, over the next couple of years.

Neil Henderson:

But that also means I'm doing a lot of work.

Clint Harris:

Right.

Neil Henderson:

Whereas one of the things that we're going to talk about

Neil Henderson:

here in just a minute is looking for ways to diversify out of whatever

Neil Henderson:

you're actively investing in and that could also mean your job.

Neil Henderson:

We know a lot of people who, who make a lot of money, but work a lot, work

Neil Henderson:

really hard to earn that money and you have to look for ways to passively

Neil Henderson:

invest or diversify away from, strictly investing in short-term rentals in a

Neil Henderson:

coastal community where you could be shut down by a hurricane or flooding

Neil Henderson:

or, a global pandemic, you know?

Clint Harris:

Absolutely.

Clint Harris:

So, yeah, I've, I definitely recognize that.

Clint Harris:

And I think it's something that I want to add in on top of that, as

Clint Harris:

well as everybody typically is in the investing game, because we're looking

Clint Harris:

for some kind of financial freedom and financial freedom is something

Clint Harris:

that is very attainable, I think is something we should all be shooting for.

Clint Harris:

But I think it's also a little shallow compared to what we need to be thinking

Clint Harris:

about, like with my short term rentals and then going into property management,

Clint Harris:

basically for a year, that was just a job for whoever was Sean and the people

Clint Harris:

in the company like that was the job.

Clint Harris:

And my job was to be working on the business and not in the business in

Clint Harris:

a way that at the end of the day.

Clint Harris:

And that's where we are now is that I don't have anything to do with it at all.

Clint Harris:

My properties are being managed by a company that I own, and we've got

Clint Harris:

complete control of everything there.

Clint Harris:

So that, that is passive for me.

Clint Harris:

Because financial independence by itself doesn't mean much to me, if it

Clint Harris:

comes at the cost of time, dependence and location dependence, I think if

Clint Harris:

you have financial independence built in such a way that you also have time

Clint Harris:

independence and location independence, now you can go where you want.

Clint Harris:

When you want with who you want and do what you want.

Clint Harris:

You have the finances to do it, and that creates independence of purpose.

Clint Harris:

Now, I think that's a lot more important than just financial

Clint Harris:

independence by itself.

Clint Harris:

So that's what I've tried to build our short term rental business into however,

Clint Harris:

you and I both know that was short term rentals, especially short-term

Clint Harris:

rentals in a coastal community.

Clint Harris:

It comes with inherent risk.

Clint Harris:

When COVID happened, we were shut down for two months.

Clint Harris:

We had 28 grand worth of bookings.

Clint Harris:

Cancel immediately.

Clint Harris:

We also have hurricanes here that can shut us down for a month or two.

Clint Harris:

At a time, we got hit with four hurricanes in three years.

Clint Harris:

Now, luckily we were, one of them was pretty rough.

Clint Harris:

The other ones weren't that bad and we were back up and running pretty

Clint Harris:

quickly, but it can happen, right.

Clint Harris:

And in a seasonal market, if you lose a big chunk of your

Clint Harris:

season, It's a lot of risk.

Clint Harris:

And so to have all of your eggs in that basket is a little scary to me.

Clint Harris:

And so I think whatever, wherever you're operating short-term rentals, there's

Clint Harris:

always inherent risk and it creates so much more value than you can get with

Clint Harris:

any other type of rental that I still recommend people do it, but do it in

Clint Harris:

such a way that you can take that revenue scale as quickly as you can, so that

Clint Harris:

you can take that revenue and invest into an asset class or in an area.

Clint Harris:

That's going to give you a lot of insulation, and save you in case

Clint Harris:

something happens in that short term rental market that you're in.

Clint Harris:

And that's what you and I've been working on.

Neil Henderson:

Alright.

Neil Henderson:

As you often hear us talk about on, on the road to family freedom, we

Neil Henderson:

love self storage, and Clint has, has become, uh, great friends and

Neil Henderson:

partners with, my partner as well.

Neil Henderson:

Eric and Levi Hemingway with now Nomad Capital.

Neil Henderson:

I think that's now their, the name they're going by.

Neil Henderson:

Our partners, Nomad Capital, and Elm builders, experienced

Neil Henderson:

self storage owners operators.

Neil Henderson:

Now they've been slowly building a personal portfolio of self storage

Neil Henderson:

facilities, but now they're looking to expand a lot in the next three to

Neil Henderson:

five years and you and I are a part of that and, hitching our wagon to

Neil Henderson:

them and helping, in the best way that we know how and, and, uh, there's

Neil Henderson:

benefit to us and there's benefit to our investors and things like that.

Neil Henderson:

So talk to us a little bit about.

Neil Henderson:

What you're doing?

Neil Henderson:

What and what drew you to it?

Clint Harris:

So the natural fit for me was knowing in the back of

Clint Harris:

my mind, I've got to find a way to diversify away from the coast, take

Clint Harris:

some of the profits that we're making here and put them someplace else.

Clint Harris:

But I don't want to put it someplace where I want to be an active investor.

Clint Harris:

I've worked really hard to get our business here, to the point

Clint Harris:

where it's truly passive and I want to take the money I'm making and

Clint Harris:

putting it into something else.

Clint Harris:

That's also passive.

Clint Harris:

If I'm diversifying away from where I am, then it needs to

Clint Harris:

be something safe and secure.

Clint Harris:

And so, you know, I got hooked up with the guys that were working

Clint Harris:

with Nomad Capital through you, and I'm extremely grateful for that.

Clint Harris:

And just talking a lot about the deals that you've looked at

Clint Harris:

your ability to underwrite deals and understand the financials.

Clint Harris:

It got me down the pathway towards self storage facilities, and it

Clint Harris:

didn't take long for me to decide that that's the safest asset

Clint Harris:

class that I could diversify into.

Clint Harris:

And then with the partnership that we've got with Nomad Capital and coming

Clint Harris:

together, these are guys that are looking to build facilities across the Southeast.

Clint Harris:

We're in Georgia, north and South Carolina, Tennessee,

Clint Harris:

Virginia, by definition, these are safe, secure buildings.

Clint Harris:

The one that we purchased recently is an old Kmart.

Clint Harris:

It's in a central business district with high residential density around there.

Clint Harris:

The building's been there a long time.

Clint Harris:

We're converting it to a drive in self storage facility with 485 units

Clint Harris:

that building's not going anywhere.

Clint Harris:

It's been there for a long time.

Clint Harris:

There is zero climate right now for people to be buying big box stores.

Clint Harris:

Big box retail is at an all time low.

Clint Harris:

With e-commerce and everything else involved.

Clint Harris:

We're buying the property for pennies on the dollar of what we could build it for.

Clint Harris:

We purchased a building for 1.5 million.

Clint Harris:

It would've cost us 6 million to build it.

Clint Harris:

Now a couple more million goes into renovating it, but we're converting it

Clint Harris:

into a drive in self storage facility.

Clint Harris:

And then we have ambitions where we've got two more deals under

Clint Harris:

contract right now that we're working on and we have ambitions.

Clint Harris:

So when I say we, it's the collective, we were looking to do three to five

Clint Harris:

deals per year for the next five years.

Clint Harris:

For me, based upon the returns that we're seeing, it is a perfect fit to

Clint Harris:

get me away from hurricane alley to take the profits from my short-term rental

Clint Harris:

business, drop into something else.

Clint Harris:

That's highly profitable.

Clint Harris:

That for me can be completely passive.

Clint Harris:

And again, vertically integrated these guys own the construction.

Clint Harris:

They're buying the building, they're running the analysis, they own the

Clint Harris:

construction and they own the property management company as a business

Clint Harris:

owner and a short-term investor.

Clint Harris:

I understand the value of vertical integration and

Clint Harris:

controlling every part of that.

Clint Harris:

And also not paying the going market rate for construction and for the

Clint Harris:

property management and everything else like that, that combined with

Clint Harris:

the streamlining and automating and putting in touch screens and leveraging

Clint Harris:

technology to reduce onsite staff, but still have high level of security.

Clint Harris:

security It's a no-brainer because it's what I'm doing and it's

Clint Harris:

in a safe, secure environment.

Clint Harris:

So that's why that's where we're going.

Neil Henderson:

I'm always struck a little bit by the similarities between

Neil Henderson:

the technological shift that's happening in short-term rentals and the hospitality

Neil Henderson:

industry in general and self storage.

Neil Henderson:

Self storage used to be a very, I would call it hands-on business,

Neil Henderson:

but the old school, you know, self storage facility that people

Neil Henderson:

think about is a bunch of garages.

Neil Henderson:

Maybe fenced off with a house, and an office there on site and, a kind

Neil Henderson:

of rough looking manager that sits behind the desk all day long and

Neil Henderson:

picks up the phone occasionally and, you know, rents garages to people.

Neil Henderson:

Well, in reality, the shift, the technological shift that's happening,

Neil Henderson:

is that, it's a lot easier to install touchless kiosks for people

Neil Henderson:

where they're able to just rent without ever talking to a manager.

Neil Henderson:

And, one of the largest consumer of self storage right now,

Neil Henderson:

demographically are millennials.

Neil Henderson:

They're the largest, the largest demographic population in the United

Neil Henderson:

States now, and they actually, also make up the largest consumer of self

Neil Henderson:

storage, which we never expected to see is

Neil Henderson:

not what we were expecting to see

Clint Harris:

one in three right now have a self storage facility here.

Clint Harris:

That statistic blew me away.

Neil Henderson:

Yeah.

Neil Henderson:

And millennials don't like talking to people they want, they also are not,

Neil Henderson:

necessarily your traditional kind of self-storage user, the kind of

Neil Henderson:

person, I'm and I'm an example of this.

Neil Henderson:

You know, we rented a self storage facility when we were in transition

Neil Henderson:

out here in North Carolina.

Neil Henderson:

We never saw that stuff.

Neil Henderson:

We put it in and it sat there for a year and a half.

Neil Henderson:

And then we went and we picked it up.

Neil Henderson:

And the sad fact is we got rid of most of it.

Neil Henderson:

Except for the stuff that was really personal to us.

Neil Henderson:

Whereas millennials what's happening is they're moving into, urban cores and

Neil Henderson:

they're moving into smaller houses , and they're using the storage as like a

Neil Henderson:

second garage, they're storing their storing their winter clothes there,

Neil Henderson:

their skis, their snowboard, all of their, their toys and things like that.

Neil Henderson:

And so they're accessing it a lot more.

Neil Henderson:

So they're visiting the site a lot more often.

Neil Henderson:

They want access 24 hours a day, and they don't want to have to talk to

Neil Henderson:

somebody every time they come in.

Clint Harris:

Right.

Clint Harris:

And it needs to be climate controlled as well Um Correct.

Clint Harris:

And think about it in the last year and a half to two years, how many

Clint Harris:

people, started working from home and all of a sudden needed a home office.

Clint Harris:

And if you didn't buy it with that in mind, because you'd never worked remotely

Clint Harris:

before, where is that space coming from?

Clint Harris:

Well, you got to find it someplace and that means something has to go.

Clint Harris:

So exactly right.

Clint Harris:

And, and you're right.

Clint Harris:

It makes more sense for a lot of those people to pay for monthly storage unit

Clint Harris:

than to upgrade to a bigger apartment and pay for that square footage when they

Clint Harris:

can just relocate some of the furniture that they own and things like that and

Clint Harris:

put that office space in their house.

Clint Harris:

So the world's been turned upside down in the last year and a half

Clint Harris:

and, the prices are going up and up.

Clint Harris:

So millennials are exactly what you said.

Clint Harris:

They're trying to have a smaller footprint and that's a good release

Clint Harris:

valve for them to have that.

Clint Harris:

And then, a combination of people working remotely, uh, it's, it's astounding.

Clint Harris:

And a lot of times people are able to work remotely with the market up.

Clint Harris:

People have been putting their stuff in storage, selling their house

Clint Harris:

and bouncing around for six months.

Clint Harris:

A lot of the people we get here in the off season, renting our properties are

Clint Harris:

here for one to three months and just kind of moving around before they figure

Clint Harris:

out where they want to settle down.

Clint Harris:

Because they're location independent for the first time in their lives.

Neil Henderson:

Yeah.

Neil Henderson:

Well, and again, it comes back to a similar thing that's happening with

Neil Henderson:

short-term rentals and the hospitality industry, which is just touchless.

Neil Henderson:

You know, the technology has caught up, there was a period where there was a

Neil Henderson:

lot of, uh, kiosks and things like that.

Neil Henderson:

And in self-storage, it didn't work all that well.

Neil Henderson:

Uh, and in the same way that uh more traditional short-term rental

Neil Henderson:

operators, you had to basically call the office, Hey, I'm here.

Neil Henderson:

Can I pick up the key?

Neil Henderson:

Well now, you know, people have, uh, people are accessing the properties

Neil Henderson:

from their mobile phones, right?

Neil Henderson:

And the same thing is happening with storage.

Neil Henderson:

Everyone has a kiosk in their pocket, uh, and, and their,

Neil Henderson:

their self storage software.

Neil Henderson:

Now that allows someone to rent, you know, they've looked for it on Google.

Neil Henderson:

And it pops up and they go, oh, Hey, there's one right down the street.

Neil Henderson:

Oh.

Neil Henderson:

And I can book it here right online.

Neil Henderson:

And they go and they book it.

Neil Henderson:

They, you know, they sign up, uh, they put their credit card in, it sends

Neil Henderson:

them an access code and they go, and there's some that are even going so

Neil Henderson:

far as to have, specialized locks on the, on the actual self storage unit

Neil Henderson:

that are wifi or Bluetooth enabled.

Neil Henderson:

Um, but often, you know, we're able to do it in a little less high tech way where we

Neil Henderson:

would just have a vending machine onsite where someone able to basically, you

Neil Henderson:

know, pay for a lock on site and grab it.

Neil Henderson:

And off they go

Clint Harris:

That same transition that we've seen with in short term

Clint Harris:

rentals that we've implemented in our company, that's drastically changed our

Clint Harris:

profitability compared to our competition.

Clint Harris:

It's the same thing happening there.

Clint Harris:

And so that's why when I looked at looking around, where can I take

Clint Harris:

some of this revenue and deploy it?

Clint Harris:

Number one, the idea of being spread out across the southeast.

Clint Harris:

In big, safe buildings, big box, you know, box retail stores that are being

Clint Harris:

converted and Um was a no brainer.

Clint Harris:

And then I instantly got the technology side of things because

Clint Harris:

that's what I had to learn, the hard way with what we were doing.

Clint Harris:

And I was like, this is a no brainer.

Clint Harris:

So for us, I think we can all admit that, you know, currently

Clint Harris:

right now, inflation is at 7%.

Clint Harris:

Interest rates are still fairly road low for right now.

Clint Harris:

I think this is a perfect time to go into acquisitions.

Clint Harris:

It's really hard to do that with real estate residential real

Clint Harris:

estate buying short-term rentals is very, very tough right now

Clint Harris:

because the market is extremely hot.

Clint Harris:

However, no one is in the market for big box retail stores.

Clint Harris:

And I think that we are primed to pick them up for pennies on the dollar, by

Clint Harris:

owning the construction, we can convert them into a giant climate controlled

Clint Harris:

drive in self storage facility, leveraging technology to minimize fixed overhead, and

Clint Harris:

then be diversified across the Southeast.

Clint Harris:

It was a no-brainer for me.

Clint Harris:

Yeah.

Clint Harris:

Well, and as you mentioned, interest rates are historically

Clint Harris:

low right now, and you have that transition from big box stores.

Clint Harris:

There's so many big box stores coming available, you know, for the Kmart,

Clint Harris:

that the deal that you worked on just recently, it was what, 87,000 square

Clint Harris:

feet, 87,000 square feet, and uh 60,000 net rentable.

Clint Harris:

And then another, the one that we have under contract in Virginia is

Clint Harris:

another 87,000 square feet as well.

Clint Harris:

But that one has a garden center as well for RV storage also.

Neil Henderson:

And Sears is not coming back.

Neil Henderson:

No, Kmart's not coming back.

Neil Henderson:

There's a good chance.

Neil Henderson:

Macy's is kind of probably go away, although Macy's is typically more in

Neil Henderson:

the mall space, you know, but you think about all these just big box stores, you

Neil Henderson:

know, these big old buildings that are in retail corridor, that are surrounded by,

Neil Henderson:

people who are already doing business.

Neil Henderson:

It's a prime opportunity to just swoop in and buy those up and convert them

Neil Henderson:

to climate controlled Class-A storage,

Clint Harris:

Absolutely, you know, back to what I said about inflation

Clint Harris:

being 7% right now, every dollar that I have, I'm earning it and converting

Clint Harris:

it into recession resistant real estate as fast as I possibly can because

Clint Harris:

just by going and burying it in the ground or putting into the bank,

Clint Harris:

it's going down in value constantly.

Clint Harris:

If you look at these big box stores that we're shopping for right now and

Clint Harris:

have under contract, they're there for a reason they're there because they're

Clint Harris:

either in a central business district or a high residential density area.

Clint Harris:

And if you want to think about it, like the irony is not lost on me.

Clint Harris:

You've got 30 or 40 years of people in that community going and buying

Clint Harris:

their junk from that building.

Clint Harris:

And now looking to come pay to put it right back into the

Clint Harris:

same building into storage.

Clint Harris:

It's the reality of the shift that we've seen in our culture,

Clint Harris:

we're consumer society.

Clint Harris:

But right now people need a place to put that.

Clint Harris:

And because we're getting the best deal on this because of the way we're buying it,

Clint Harris:

the way that we control the fixed overhead for converting it, the way we control

Clint Harris:

the fixed overhead for managing it.

Clint Harris:

And then, uh, the value add potential here is astronomical.

Clint Harris:

And, um, yeah, we've got a big future with this.

Neil Henderson:

The Kmart in North Carolina, he bought

Neil Henderson:

the building for what, 1.5,

Clint Harris:

1.5.

Neil Henderson:

And you said you're putting, you know, we're putting

Neil Henderson:

probably another 2 million into it.

Clint Harris:

Yeah.

Clint Harris:

Cost of steel went up a little bit.

Clint Harris:

So I think we're at $2.1 million.

Neil Henderson:

So Clint.

Neil Henderson:

I don't have a million dollars to put down a down payment for,

Neil Henderson:

the purchase and the, and the build-out of that kind of facility.

Neil Henderson:

Who are the types of people that are investing in this?

Clint Harris:

Yep.

Clint Harris:

I don't either.

Clint Harris:

That's the power of a syndication model, uh, is what we're doing here.

Clint Harris:

So basically, Neil and I are working together with Nomad

Clint Harris:

C apital and Elm builders.

Clint Harris:

And we're getting a group of like-minded investors to put in various

Clint Harris:

amounts of money each for different amounts of equity in the deal.

Clint Harris:

And so you don't have to have a, a million dollars.

Clint Harris:

I certainly don't most of us don't, but I do think that by getting in on this

Clint Harris:

right now, that I think we're going to create that wealth fairly quickly.

Clint Harris:

But basically we're pulling money together from a group of investors

Clint Harris:

to go after and take down these properties and trying to do three to

Clint Harris:

five a year for the next few years.

Clint Harris:

And we have some pretty lofty goals.

Clint Harris:

I'm happy to go over that.

Clint Harris:

Maybe not in a podcast with each individual, because those goals

Clint Harris:

tend to be changing pretty quickly as we're scaling, we're getting to

Clint Harris:

some, some pretty impressive numbers.

Clint Harris:

So, um, basically that's the format that we're doing it.

Clint Harris:

And I put my money in and I know the Neil's, you know, that's the way that

Clint Harris:

we're doing is we're investing on individual levels because I believe that

Clint Harris:

when it comes to things like that, again, like if you want to go fast, go alone.

Clint Harris:

But if you want to go far build a team.

Clint Harris:

And in situations like this, especially when it comes to self

Clint Harris:

storage, that the whole is definitely greater than the sum of its parts.

Neil Henderson:

Gotcha.

Neil Henderson:

All right.

Neil Henderson:

As you often hear on this podcast, if you have an interest in self storage and

Neil Henderson:

you want to hear more about it on the active side, the passive side, whatever.

Neil Henderson:

I have had a lot of conversations with people who are more interested

Neil Henderson:

on investing in storage on the active side, and several of them

Neil Henderson:

are now self storage owners.

Neil Henderson:

So I'm more than happy to have those conversations with you.

Neil Henderson:

But, I can tell you it takes an enormous amount of work, and if you're

Neil Henderson:

already somebody works for a living and earns a good living, and is

Neil Henderson:

probably better served by continuing to do that for the time being.

Neil Henderson:

I'm more than happy to talk to you.

Neil Henderson:

Clint's more than happy to talk to you about investing on the passive side.

Neil Henderson:

Just go to roadtofamilyfreedom.com/storage and set up a time to talk.

Neil Henderson:

There's no pressure.

Neil Henderson:

It's just a chance for us to get to know each other and, and

Neil Henderson:

talk about our individual goals.

Neil Henderson:

So, all right, man, it's been a pleasure as always, and we're going

Neil Henderson:

to have to do this more often.

Neil Henderson:

Just like I I'm, I'm, it's fun sitting here on a, on a Sunday afternoon.

Neil Henderson:

I mean we could be watching NFL playoff football, but I enjoy sitting down and

Neil Henderson:

just geeking out about short-term rentals.

Clint Harris:

And I can talk about this stuff all day and

Clint Harris:

it's a problem I'm trying to work through that, but it's crazy.

Clint Harris:

The last time we did this, we were like 2000 miles apart had

Clint Harris:

never actually met in person.

Clint Harris:

And now we live two blocks apart.

Clint Harris:

On the beach, by the way, Neil is closer to the ocean than I do.

Clint Harris:

I'm two and a half blocks away.

Clint Harris:

He's across the street just to rub it in.

Neil Henderson:

Yeah.

Neil Henderson:

I, uh, he, he told me when I moved in here, he Clint owns a boat.

Neil Henderson:

I don't own a boat, uh, that I was going to have to, he was going

Neil Henderson:

to call me for, to check the sea conditions every once in a while.

Neil Henderson:

Oops.

Neil Henderson:

Uh, and uh, I called him this morning and said, uh, it looks bad.

Clint Harris:

Yeah.

Clint Harris:

I, I appreciate your input, but I didn't need you to tell me to know that it was

Clint Harris:

a, we got seven to nine foot seas today with this, uh, this NorEastr blowing in.

Neil Henderson:

That's pretty bad.

Neil Henderson:

So, but normally, normally it's gorgeous.

Neil Henderson:

It's beautiful.

Neil Henderson:

And, uh, we're loving life out here, so.

Neil Henderson:

All right.

Neil Henderson:

Thank you, sir.

Neil Henderson:

Yeah.

Neil Henderson:

Thanks for having me, man.

Neil Henderson:

Fun to do it again.

Neil Henderson:

Can't wait to do it again soon.

Neil Henderson:

Hey, before you go.

Neil Henderson:

If you like the show we would be delighted if you'd head over to pod

Neil Henderson:

chaser and leave us an honest review.

Neil Henderson:

And do let us know why you like the show, how long you've been listening

Neil Henderson:

and in particular, what you find really useful or entertaining.

Neil Henderson:

And let us know if there's anything you think we should do differently.

Neil Henderson:

Also, if you have specific questions about real estate investing, especially

Neil Henderson:

self storage or short-term rentals.

Neil Henderson:

Shoot us an email at info@roadtofamilyfreedom.Com.

Neil Henderson:

And we'll be happy to answer your question on the show.

Neil Henderson:

We might even turn it into an entire episode.

Neil Henderson:

Thank you for listening.

Neil Henderson:

We'll see you again on the next episode of the Road to Family Freedom.