Self Storage Investing For Beginners

Aug 02 2019 by matt frankel cfp.

Self storage investing for beginners.

There are 50 000 self storage facilities in the us. In this article we will provide an asset class overview highlight recent changes in use discuss low minimum options for investing in self storage and conclude with thoughts on how investors can use this information to make informed investment decisions. 80 are owned by mom and pop. Free guide to real estate investing take the first step towards building real wealth by signing up for.

1 out of every 10 people in the us use self storage. Self storage investing for beginners duration. 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. 1 28 whether the economy is good or bad people will always need storage.

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. The self storage business is a 220 billion dollar industry. During good times people are buying lots of stuff and need a place to store it. It performs great during good or bad economic times.

Commercial property advisors 155 818 views. How to diversify your real estate portfolio with self storage why is self storage investing so lucrative. Self storage facilities vary in size quality and construction. Investing in self storage reits.

Ryan smith principal at elevation capital group in orlando florida suggests a couple of ways to invest in self storage facilities. Buying into a real estate investment trust referred to as.