
← Stories Behind the Door12 Aug · 30 min
A 4-year journey to a Class A Boat & RV Storage has brought this entrepreneurial couple even closer!
I sit down with Jefferson and Velvet Warner, founders of Velvet Touch Executive Storage, for a deep dive into the realities of developing high-end boat and RV storage. Velvet and Jefferson spent years flipping residential homes before a single phone call seeking storage for their own fifth-wheel revealed a massive supply-demand imbalance in the Phoenix market.
In this episode, the Warners share the raw, behind-the-scenes story of taking an eight-figure Class A development from raw dirt to final construction drawings. We explore how they pivoted their design from open canopies to fully enclosed structures, how they engineered a fix for 1,200 feet of underground land subsidence, and how they stayed focused on building generational wealth while Jefferson successfully fought Stage 4 prostate cancer.
Episode Highlights The Spark: Discovering a 400-person waiting list for local storage spaces and calculating the potential NOI on the drive home.
Engineering Pivot: Turning 1,200 feet of land fissures into an opportunity to build fully enclosed units that command double the rental rates.
Personal Resilience: Choosing to press forward with a commercial build amidst a major cancer diagnosis.
Generational Impact: Using real estate development to break middle-class paradigms and teach their eight grandchildren about passive income.
Team Alignment: The necessity of hiring an owner's rep and specialized engineers to navigate complex municipal permitting.
Whether you are a residential investor looking to scale into commercial development or an operator interested in the boat and RV asset class, Jefferson and Velvet's story is a masterclass in mindset, partnership, and perseverance.
Sponsor Shoutout: This episode is brought to you by Kiwi Steel. Wayne Woolsey and his crew bring over three decades of field expertise to ground-up self-storage and flex projects. Head to kiwisteel.com early in your design phase to keep your build on schedule and under budget.