With an annual income of $39.5 billion in 2020, the self-storage industry is one of the best investment areas. You’ll diversify your investment and create an additional source of income. As a wise investor, you’re now wondering what you need to start. The goal is to see the amount of capital you’ll need and the periodic incomes

According to Mordor Intelligence Research, the self storage business industry is expected will grow to $115.62 billion by 2025. This fast-growing industry appears to be bulletproof. Through-out the pandemic, people continued to seek out self storage businesses, whether to downsize, make space for a home office, or just due to a change in their lifestyles.

If there is one industry that has benefitted from the economic trends of the past year, it is the self storage industry. Demand for self-storage facilities has grown at an annualized rate of more than 134% this year, as people and businesses look for more space. People want somewhere to put old belongings and make way for

Around 10.6% of households rent self-storage units for the extra space they offer, and people rent them for many reasons. If you’re looking for a way to earn passive income, you might want to consider investing in self-storage, as this business offers a way to make money without a lot of work. Are you interested in learning

“If 2020 has proved anything, it’s that the market is impossible to predict, so that’s why I don’t try.“ This comment by Desmond Henry, a Kansas-based financial planner, to Forbes Magazine expresses the view of many investors.  This was after noting how earlier in the year, the S&P 500 had dropped over 33% during the

Are you looking for ways to generate wealth passively? You probably have already heard the numerous success stories of regular people becoming millionaires through passive investments alone. But rarely do you learn the knowledge and skills it takes to get there. We want to help you feel confident in your future investment. If you are

Sometimes, people need a little extra space. Whether it’s a house move or inherited a house full of goods, self-storage is a great solution. But what if you’ve got some money to invest? Investing in self-storage may seem intimidating at first. But with the right knowledge and resources, it can be beneficial to you. Here

Is Now a Good Time to Invest in Self-Storage? When you have some money to invest, it can be challenging to choose between your options. When the economy is in flux like it has been during COVID-19, it’s a good time to look for investment opportunities that are secure that do well in uncertain times.

The self-storage industry has developed a great reputation as an excellent place for investors to make great returns. This lucrative opportunity doesn’t require active management the way many real estate investments do. Instead, you can take advantage of passive self-storage investing and do very well for yourself using the time-honored “buy and hold” approach. What

Investing used to bring up scary thoughts of stock markets crashing and con merchants. But that’s further from the truth these days. Because if there’s anything the internet has taught us, you can treat anything as an investment. The question nowadays is, do you want to hold onto something long-term and let it bring in

There’s a reason that wealth is “built” as opposed to assets which are merely “acquired”. More often than not, a high income or large inheritance only leads to short-term pleasures or luxuries. Wealth, on the other hand, is often the result of strategic investments and methodical planning. It’s multi-generational and goes beyond a flashy car,

It is no secret that investing in real estate is one of the most effective and productive ways to build wealth. While there are several paths to success in the real estate market, it can be difficult for newcomers to sort the chaff from the grain given the excess of information out there. Needless to

During the years 2020 and 2021, we experienced global ups and downs like never before. The stock markets took a dive and many businesses are still recovering from unexpected losses and closures. In these uncertain times, every investor needs a solution to maintain their portfolio.  Real estate investments are still one of the most profitable

As our world is changing at a whirlwind speed, the way we make an income has also become drastically different.  It used to be that we could only earn money through a 9-to-5 job but, due to multiple recent economic downturns with unpredictable job losses, many of us have realized that multiple sources of income

Are you looking for new ways to earn a secondary passive income? There are plenty of things that you can invest in to start a second cash flow, but some of them require a lot of work and upkeep. Skip bothering your friends with network marketing and trying to flip houses; invest in the self-storage industry

Storage units can be a lucrative option for those looking to build property investments. Public Storage recently bought out ezStorage for a total of 1.8 billion dollars. Investors are taking advantage of the rise in storage unit profitability. This guide will give you all the answers to the question: are storage units profitable? How a Storage

10.6% of American households rent a self-storage unit. Storage units can be used for so many different items. They are a versatile and useful tool for businesses and families alike. Do you want to learn about owning storage units? Are you curious about the pros and cons of going into this type of business? Keep reading

Self-storage facilities are all over the country and are used by just about everyone. Individuals store their personal belongings and valuables, and small businesses use them for inventory. These storage facilities are also businesses themselves, and a profitable one at that. If you’re interested in starting a storage unit business, here are five things you

One hundred thousand dollars is a significant amount of money. Putting the money into a well-vetted investment may turn the initial $100,000 into a lot more, but how do you know where to invest it? There are a lot of options, but some are absolutely better than others.  Let’s check out some of the best

Young people often avoid the subject of retirement and anything remotely related to it as grim or something they don’t need to worry about for a long time. But knowing how your retirement plan will affect your life in the future might change your mind and possibly prompt you to see it from a different