Hi! I’m Scott Meyers®, founder of Self Storage Investing.com, and I found my dream business in owning Self Storage units. After performing a great deal of research on the industry, I decided to sell all my single family homes, apartments, and office buildings, dump all my tenants and toilets, and focus solely on Self Storage!
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Get My Top Ten Reasons Here!
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Comparing Self Storage Investing to Apartments
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Franchising
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Passive Income
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So How Does Self Storage Stack Up Against Other Forms Of Commercial Real Estate Investments and Single Family Rentals? When comparing Self Storage to other real estate investments such as Apartments, Office Buildings, and Retail, how do they compare? Lets explore some of the most important factors.
The self-storage industry has been the fastest-growing sector of the United States commercial real estate industry over the last 30 years, and it continues to grow at a steady pace. The total market capitalization value of the entire U.S. self-storage industry is well in excess of $220 billion. And Nearly one in 10 U.S. households are actively renting one or more self-storage units.
Wikipedia defines Passive Income as follows: Passive income is a rent received on a regular basis, with little effort required to maintain it. The American Internal Revenue Service categorizes income into three broad types, active (earned) income, passive income, and portfolio income. It defines passive income as income from “trade or business activities in which you do not materially participate”.