Articles

If there was ever a time to invest in the self-storage industry it’s now. Self-storage units are the most recession-resistant asset class, still profit at only 60% occupancy, and are easily managed from the safety of your home office. So what are the self-storage building costs? What do you factor in when calculating the development cost of your self-storage space? How does the cost to build affect self-storage operations? Everything from the building material to the location affects self-storage building costs. Keep reading for a breakdown of the most common self-storage expenses so you will know what to expect when making...

Okay, so you’re convinced that you want to look at buying an existing self-storage facility, but how do you go about finding suitable business opportunities? Well as we’ve already discussed, with all of the advantages that self-storage facilities offer, this makes it difficult to find a number of facilities for sale compared to other property types such as single-family, multi-family, industrial, or other commercial properties. Where do I find good self-storage facilities for sale? Personally, I subscribe to the “shotgun approach” which embodies a number of different resources to locate self-storage properties for sale. All these resources will help you scope...

If you don’t know what to do with 200k dollars, make sure to scroll until the end of this article. We’ll show you how to invest in real estate and secure your retirement. Our small guide will cover all the differences between strategies to help you find the best suited for you. Capital of 200k is more than enough to start investing, so let’s get right to it. Investing in Real Estate – Passive and Active Methods Real estate properties can be sources of both passive and active income, depending on your approach. Simply put, you’re an active investor if...

On this episode of The Self-Storage Podcast, our host Scott Meyers is talking with Pat Wilson about passive income opportunities. With a full-time career in a global energy company, Pat Wilson was looking for easier ways to invest in real estate. As a devoted husband and father, he needed something that could generate consistent cash flow without taking too much of his precious time. And he found it in self-storage investing.

You have found the perfect property, you have run the numbers, evaluated the neighborhood and it still looks like a great investment. Now you need to check the supply index. The supply index tells you if the market is oversaturated or if the market is undersaturated. This tells you if there is more demand for rental space in your area. You don’t want to buy a property that has a high vacancy rate because there is no more demand out there. However, if you have a property with a high vacancy rate because of mismanagement, then you have a great …