Do you want to learn more cash-flowing and creative strategies in real estate? You’re in the right show as Clint Harris speaks about his transitions from single-family rentals, turning small multifamily into Airbnb, and finally, how he got into retail buildings to self-storage property conversion. 

Clint shares a lot of ground about building a self-storage, from construction and obtaining permissions to making the facility ready for occupancy. Listen to this episode and be competent in another unique investment strategy!

Key Points & Relevant Topics

• Clint’s changing strategies from single-family to short-term rentals through small multifamily to self-storage 
• The difference between single-family and short-term rentals with small multifamily in terms of operation and revenue
• Why investors should focus on time, location, and financial independence
• The importance of holding properties and focusing on multiple niches and asset classes
• Can you still create success as a beginner in short-term rentals and Airbnb in today’s market?
• Advantages of investing in self-storage facilities
• Typical timeframe for self-storage ground-up development, construction, and conversion
• How long is the city’s permitting process for self-storage conversion and its permission for occupancy?
• The most challenging part of converting retail centers into self-storage facilities and how to make the process worth it
• Ideal market or places to build self-storage facilities
• Things to consider when conducting a feasibility study and market analysis for self-storage
• Adaptability and its significance in shifting your investment strategies

Resources & Links
Apartment Syndication Due Diligence Checklist for Passive Investor

About Clint Harris

Clint Harris is a professional real estate investor, handles Capital Raising and Investor Relations for Nomad Capital, is the co-owner of Going Coastal Property Management, and is Co-host of the Truly Passive Income podcast. 

Clint had a 16 year career in medical sales from 2007 to 2022 as a highly successful sales rep, implanting pacemakers and defibrillators. Along the way, Clint built a multifamily real estate portfolio with a strategy of buying distressed multifamily property at the beach with bad tenants, and converting them to top performing AirBNB properties. Clint leveraged heavy value-add and asset-class conversion to quickly replace his medical sales income. 

Unable to find a management company that could meet expectations, Clint built one from the ground up. Clint owns Going Coastal Property Management along with operating partners, which in turn led to the formation of a cleaning company, golf cart rental company, and linen facility.  

With an eye on diversifying, Clint began investing into self storage as a limited partner with Nomad Capital several years ago. He eventually made the jump to general partner, took on the roles of Capital Raising and Investor Relations for Nomad Capital in late 2021, and left his medical career behind in November 2022 to live life as a full-time husband, father, and real estate investor. 

Today Clint has raised capital for the development of over $120 million in stabilized commercial assets. His core belief is that financial independence, when combined with location, and time independence, creates independence of purpose. He joined Nomad with the goal of sharing that vision with our investors daily. 

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