Episode 85

full
Published on:

1st Sep 2023

What I Learned (Rob Dubroc)

In this episode of Passive Wealth Principles: What I Learned, join your host Jake Harris as he dives deep into a revealing conversation with Rob DeBrock. Explore Rob's transformative journey in the realm of self-storage investing, turning a modest $370,000 facility into a whopping $11 million powerhouse in a mere span of 18 months. Together, they uncover the potent strategies and small but impactful steps that led to such a monumental return of over 300%.

Key Takeaways from the Episode:

Maximizing Value with Simple Steps:

Rob highlights how seemingly basic value-add components, like promptly answering the phone and utilizing tenant management software, were instrumental in achieving exponential growth. Discover the power of these understated strategies and how they can drastically alter the course of your investment journey.

Remote Management and Scalability:

Jake underscores the potential of these strategies to be scalable and remotely managed. With the appropriate systems in place, self-storage investing doesn't need your constant physical presence. Learn how to set the stage for immense growth while enjoying the luxury of geographic freedom.

Distressed Investing Opportunities:

Beyond the primary discussion, Jake introduces listeners to his book "Catching Knives," a treasure trove for those intrigued by distressed investing. Dive deep into the realm of opportunities that distressed assets present, waiting for the discerning investor to harness their potential.

What You’ll Learn in this Show:

  • How basic strategies can make or break your self-storage investing game.
  • The promise and potential of investing in self-storage facilities.
  • Techniques to manage and scale your business from any corner of the world.
  • An introduction to the captivating world of distressed investing through Jake's book.

Stay Connected:

Visit https://passivewealth.com/ for upcoming content and courses.

Join the Passive Wealth Tribe Facebook group for engaging discussions and networking opportunities - https://www.passivewealthtribe.com/group

Stay updated with Jake Harris on Instagram @jake.realestate for behind-the-scenes insights and more.

Conclusion:

Dive into this insightful episode of Passive Wealth Principles: What I Learned, and emerge enlightened by Rob DeBrock's unprecedented success in the self-storage investing space. Harness the power of simple strategies, remote management, and distressed investing to set yourself on a trajectory of immense growth. Dream big, start small, and remember – every opportunity is a stepping stone towards your grand vision.

Show artwork for Passive Wealth Principles

About the Podcast

Passive Wealth Principles
Contrarian Investing for Cash Flow and Freedom
You are listening to the Passive Wealth Principles Podcast. Your host; Jake Harris is the founder of an award-winning real estate investment firm and actively investing in commercial real estate all over the country. This show allows you to tune into interviews, dive deeper and deconstruction many passive wealth principles not just from investing but tactics, strategies, and many fascinating ways in which people have achieved levels of passive wealth.

Through my nearly 20 year career as a professional investor, I have built an amazing network of people and come across some super-savvy investors that not only have a unique stance on the marketplace but look at the same problems we all face and many times have come up with a simple but unconventional approach to solving them.

So come be a fly on the wall. Enjoy the conversations and these amazing passive wealth principle lessons.

Learn more: https://www.catchknives.com/

About your host

Profile picture for Jake Harris

Jake Harris

A sought-after expert and gifted story teller with contagious energy, he inspires everyone around him with encyclopedic research. He can take complicated ideas and convey them simply and clearly for everyone to understand. As a founder and managing partner of an award-winning commercial real estate firm, he has authored a #1 bestselling book (CatchingKnives). He has been featured in many publications including The NY Times & Yahoo Finance, he is a frequent speaker, podcast guest, and a highly valued coach. He uses those superpowers to pioneer cutting-edge bold design into an exciting hotel, infill, and adaptive reuse projects across the country. To date has purchased and sold1200+ properties in23 states and amassed a commercial real estate portfolio of iconic properties. He earned a master's degree in International Real Estate, sits on the FIU real estate board, is an accreditedCongress of New Urbanism city builder, a member of CCIM, Urban Land Institute (ULI) and holds a CA real estate brokers license.