Self Storage Investing For Beginners

Forming an llc for real estate investing new duration.

Self storage investing for beginners.

Self storage facilities vary in size quality and construction. There are 50 000 self storage facilities in the us. Commercial property advisors 155 818 views. During good times people are buying lots of stuff and need a place to store it.

How to diversify your real estate portfolio with self storage why is self storage investing so lucrative. The self storage association estimates there are about 49 000 primary self storage facilities totaling 2 6 billion square feet of storage space and generating approximately 32 billion in revenue. It performs great during good or bad economic times. Self storage investing has been around for decades but over the past few years this niche of commercial real estate investing has grown in popularity now with over 1 7 billion square feet in an.

Aug 02 2019 by matt frankel cfp. Self storage investing for beginners duration. The self storage business is a 220 billion dollar industry. Investing in self storage reits.

1 out of every 10 people in the us use self storage. 1 28 whether the economy is good or bad people will always need storage. Ryan smith principal at elevation capital group in orlando florida suggests a couple of ways to invest in self storage facilities. Self storage investing for beginners why invest in self storage facilities.

80 are owned by mom and pop. However i personally don t consider myself a self storage investing expert in all aspects of the industry as many have labeled me i ve been the architect of dozens of extremely successful real estate transactions since i began my real estate career in 1993.