In this conversation, Chris Long shares his journey from being a carpenter in Canada to creating Long Yards, a unique storage solution for contractors. He discusses the challenges of finding secure storage space, the innovative partnership model he has developed, and the lessons learned from expanding his business internationally. Chris emphasizes the importance of education in commercial real estate and offers advice for aspiring investors looking to enter the storage industry.
Takeaways
- Chris Long transitioned from construction to creating Long Yards.
- The storage solution addresses a significant gap in the market.
- Contractor yards require minimal utilities, primarily just power.
- The business model is adaptable to various land shapes and sizes.
- Partnerships are crucial for scaling the business effectively.
- Navigating commercial real estate can be challenging for new partners.
- International expansion presents unique challenges and learning opportunities.
- Education is key for potential investors in the storage industry.
- The future of storage yards looks promising with increasing institutional interest.
- Investors should always conduct their own due diligence.
Important Links
LinkedIn: https://www.linkedin.com/in/chris-long-152b3988
Instagram: https://www.instagram.com/longyardsstorage/
Website: https://longyards.com/
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