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Millionaire Mindcast

How He Pivoted Away From Single Family Investing And Turned 200K Into 2.4M With Storage Yards | Chris Long

Millionaire Mindcast

Matt Aitchison Media, Inc

Productivity, Stocks, Realestate, Lifestyle, Finance, Commercialrealestateinvesting, Personalgrowth, Entrepreneur, Business, Entrepreneurship, Rich, Mastermind, Money, Personalfinance, Millionaire, Mentorship, Realestateinvesting, Success, Mentor, Wealth, Investing, Millennials

4.4716 Ratings

🗓️ 14 April 2025

⏱️ 32 minutes

🧾️ Download transcript

Summary

In this episode of Millionaire Mindcast, we dive into the fascinating journey of Chris Long, who transitioned from single-family real estate to the booming world of storage yards. He turned a $200K investment into a $2.4M profit by solving a problem in the industrial real estate space. Learn how he leveraged his background as a contractor, created a scalable business model, and built Longyards into an international brand. If you're looking for unique investment strategies outside of traditional real estate, this episode is a must-listen!

What You'll Learn:

  • (00:10) Chris Long’s journey from contractor to real estate investor

  • (01:49) Why he moved away from single-family rentals

  • (03:15) How he structured his first storage yard deal

  • (04:42) The financial model that turned $200K into $2.4M

  • (06:08) The difference between truck parking vs. storage yards

  • (08:34) How to evaluate land for storage yard investment

  • (15:43) Navigating zoning laws and financing options

  • (20:05) Chris's long-term vision for Longyards

Connect with Chris Long:

Episode Sponsored By:

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Transcript

Click on a timestamp to play from that location

0:00.0

What's going on, guys?

0:11.0

Welcome into today's show.

0:12.6

We've got Christopher Long, who's got a great story and an investment strategy that you

0:18.1

don't hear too much about. He took his very first investment in

0:24.2

this space from a $200,000 investment to a $2.4 million profit. You're going to hear all about

0:30.1

that story. He started out as a contractor in need of storage for some of the big stuff in his own

0:35.6

real estate business equipment, materials,

0:37.9

things along those lines. And that was where he founded long yard storage. He ultimately

0:44.4

is somebody that, you know, began in single family real estate and quickly learned that he

0:50.0

didn't want to be dealing with the tenants and dealing with a lot of the headaches that come

0:53.4

along with owning, you know, real estate where you've got people inside of your properties.

0:58.0

And so he really found this own personal problem and leveraged it into a business model that

1:06.7

now he is scaling internationally. A really cool story, very kind of simple framework that I think

1:13.0

many people will easily be able to wrap their head around and understand this is why I love

1:17.3

real estate. There's so many different ways you can make money through real estate investment

1:21.3

and this is a strategy that you can do yourself and or partner with people like Chris,

1:27.4

which you'll hear all about

1:28.6

in today's episode. So without further ado, let's dig into today's episode on storage yards

1:34.7

with Chris Long. Let's take a quick break in here from today's show sponsor.

1:41.3

If you got into real estate to build wealth and gain financial freedom, but unlike most investors,

1:46.6

you're just stuck in the grind. Maybe you're wholesaling or flipping houses, you're managing

1:50.2

rentals that are barely cash flowing. Then listen up. I've been there. Burnt out, stressed out,

...

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