Self-storage investing means owning facilities that rent storage units, monthly, to individuals and businesses needing space for belongings, inventory, or equipment.
Log in to followI'm going to lay this out simply because I understood almost none of it at the time and I suspect other people reading are where I was. A friend I've known 15 years owns a 210-uni…
Closed August of the year before last, sold this past spring, out about 118k including closing costs on both ends. First facility I ever bought and I'd read everything twice, whic…
I bought this parcel in 2016 because it was cheap and sat on a highway just past the edge of town. Held it, paid the taxes, mowed it twice a year, did nothing with it. Nine years…
Closed last month on a small facility I bought in 2017 as a diversification off the land holdings. 190 units, about 21,000 rentable square feet, half-hour outside a mid-sized metr…
The rent roll said 91 percent physical. The bank statements said something else. Seller had owned it 22 years, hadn't touched rents since roughly 2016 on maybe a third of the tena…