Minor Scott:  

Life I purchase neglected & ill positioned real estate-based businesses & reposition them within their marketplace through LLC's & LLLP's that I put together with partners. Primary focus over the last 30 years have been self-storage facilities, although I have purchased & repositioned the world's largest "Laundromat" & an apartment facility as well. I am selling my latest self-storage and an adjacent property that we own. The goal is to roll it all into NNN properties around the country (primarily the SW) and become a "coupon clipper"...not really retirement...but Minor's version of retirement. Just got another Airedale, my fourth since 1973 and may get another this fall. I did 9 - 1031 tax free exchanges in the 4th qtr of 2021. And in doing so I shed all my employees except for my bookkeeper / assistant for the last 30 years. I now have properties in TX, MN, IA and Colorado...all triple NET leases, all tenants are gtd corporately thorough the parent companies and all of the parent companies are listed on one stock exchange or another. I shed some nasty 2nd generation partners, and now I only share the investments with my Son and Daughter. Neither of which are interested in doing what I...Expand for more