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Self Storage Facilities are Easy to Manage- Penny #9
Just joking! The word easy and manage are two words that don’t really coincide well together. If it were easy, everyone would be doing it, right? With that being said, though, self storage facilities really are not that difficult to manage once you have identified what needs to be done, the time frame in which …
Self Storage and the College Student – Penny #8
Welcome to penny #8 in why self storage investing is a “dime”. Today we are going to talk about self storage and the college student. College students are one of the reasons why self storage will never die! In 2018 there were 16 million college students in the US. Putting that into perspective that’s almost …
Seasonal Upkeep of a Self-Storage Facility – Penny #7
Hello, hello! Welcome to penny #7 of why self-storage investing is a “dime”. Today I wanted to talk about the seasonal upkeep of storage facilities. It doesn’t matter if you live in the tropics, the tundra, or the desert, you will need to have a plan in action for seasonal upkeep. It is true that …
Walk the Halls – Inside Access Self-Storage Facilities – Penny #6
In last weeks article we talked about drive up self-storage facilities and what kind of storage they are good for. This week, I want to chat for a bit about inside access facilities. These facilities are indoor storage units are only accessible through hallways inside of a large building. When Should You Use an Inside …
Drive-Ups – Not Just For The Movies! – Penny #5
Welcome back to our next article about why self-storage investing is a “dime”. With there being varying types of facilities to purchase or buy, it is important to consider each varying type to decide which is best for you and for the area you will be marketing to. Today, we will be considering drive-up facilities. …
Endless Growth- From Household Storage to Boats and Rvs – Penny #4
Welcome to the fourth “penny” of why self-storage investing is a “dime”. You want to make sure that you are prepared in knowing what kind of storage you want to have. Do you want to specialize in one kind? Or would you like to appeal to the masses and be a jack of all trades? …
Self-Storage – Attractive –Without The Frills – Penny #3
It is no secret that most self-storage facilities are all-metal constructions. Can you think of any other type of real-estate investment that shares that quality? I sure can’t! (Unless you are part of the ‘shipping box apartment’ trend, that is.) It may not be the ‘prettiest’ type of building, but there are some serious benefits …
Introducing The Self-Storage “Terminator”- Penny #2
In addition to having to not deal with the “repair” of a residential rental, self-storage ownership has another great bonus! The ease of eviction. There are moments in the self-storage business that we all hate. But, I can GUARANTEE you one thing. Compared to the hassle of evicting a residential tenant, terminating the lease of …
“No Trash, No Toilets” – Penny #1
Welcome to our first article addressing why self-storage investing is a “dime”! To start out, I cannot even begin to tell you how life changing it is to not have to deal with just those two things. When I first began investing in real estate, I thought rental properties were the best! I bought houses …