Big Box Retail to Self Storage conversions with Clint Harris
🔥On this Real Estate Hustlers Podcast episode Clint Harris is a professional real estate investor, short-term rental owner, co-owner of a property management company with 85 listings, and is a general partner on 3500 climate-controlled self-storage units. He has been building his portfolio since 2017 while working full-time in medical sales when his wife introduced him to Bigger Pockets.
Clint had a 16-year career in medical sales as a highly successful sales rep implanting pacemakers and defibrillators. Along the way, Clint began buying distressed multifamily properties at the beach and converted them to top-performing Airbnb properties to quickly replace his medical sales income.
With an eye on diversifying, Clint began investing in self-storage as a limited partner with Nomad Capital in the early days of COVID-19. He 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 2022 to live life as a full-time husband, father, and real estate investor. Their core strategy is purchasing old big box retail buildings like Kmarts, grocery stores, and warehouses, and converting them to Class A climate-controlled self-storage.
Today Clint has raised capital for the development of over $100 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 to share that vision with investors daily.
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Key Points From This Episode:
In this episode of the Hustlers podcast, we had the pleasure of speaking with Clint Harris, a seasoned real estate investor and former medical sales expert. Clint shared his journey from the demanding world of medical sales to achieving financial and location independence through real estate investing.
Clint’s real estate career began with single-family homes and evolved into successful ventures in short-term rentals and Airbnb properties. He highlighted the transformation of underperforming properties into top-performing assets, which led to the creation of his own property management company.
The conversation then shifted to Clint’s current focus on self-storage facilities. He explained the process of converting big-box retail spaces, like old Kmarts, into Class A climate-controlled self-storage units. This strategy has allowed him to scale his investments significantly, reaching $100 million in assets under management within two years.
Clint emphasized the importance of vertical integration in his business model, which has been a key factor in controlling costs and maximizing profits. He also touched on the future goals for Nomad Capital, aiming for $500 million in five years and $1 billion in ten years.
For those looking to get into the industry, Clint advised thinking bigger, focusing on the lessons learned, and understanding the importance of time, experience, and money in real estate investing. He encouraged building relationships and maintaining ethics and communication as foundational elements for success.
Listeners interested in learning more about Clint Harris and Nomad Capital can visit nomadcapital.us or reach out directly to Clint via email.
If you enjoyed this episode and want to hear more inspiring stories and insightful conversations with industry leaders, make sure to subscribe to the Hustlers podcast. Stay tuned for our next episode, and until then, keep hustling
About Clint:
🔥On this Real Estate Hustlers Podcast episode Clint Harris is a professional real estate investor, short-term rental owner, co-owner of a property management company with 85 listings, and is a general partner on 3500 climate-controlled self-storage units. He has been building his portfolio since 2017 while working full-time in medical sales when his wife introduced him to Bigger Pockets
Clint had a 16-year career in medical sales as a highly successful sales rep implanting pacemakers and defibrillators. Along the way, Clint began buying distressed multifamily properties at the beach and converted them to top-performing Airbnb properties to quickly replace his medical sales income.
With an eye on diversifying, Clint began investing in self-storage as a limited partner with Nomad Capital in the early days of COVID-19. He 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 2022 to live life as a full-time husband, father, and real estate investor. Their core strategy is purchasing old big box retail buildings like Kmarts, grocery stores, and warehouses, and converting them to Class A climate-controlled self-storage.
Today Clint has raised capital for the development of over $100 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 to share that vision with investors daily.
Get In Touch With Clint:
LinkedIn: Clint Harris
Facebook: https://www.facebook.com/clint.harris.3150?mibextid=LQQJ4d
Instagram: Clintstagram_nc