Getting started with self storage

[Joseph S.]

I've been listening to a few different FIRE podcasts and a few different Bigger Pockets podcasts and want to get started with storage units.  What resources do you suggest I use to get started down this path?

[Nathan Gesner]

Quote from @Joseph S.:

I've been listening to a few different FIRE podcasts and a few different Bigger Pockets podcasts and want to get started with storage units.  What resources do you suggest I use to get started down this path?

Read "Storing Up Profits" by Paul Moore in the bookstore. Lots of good information in there. There are a lot of big investors on BP that share a ton of information about that niche.

My recommendation is to figure out what you can afford to buy, then start looking for existing mom-and-pop operations to buy. Many of them are poorly run, renting way below market, with room to improve. It's basically a BRRR for storage. Paul Moore talks about it in his book.