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Updated almost 4 years ago on . Most recent reply

User Stats

7
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6
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Spencer Carlo
  • Investor
6
Votes |
7
Posts

Self Storage Investing

Spencer Carlo
  • Investor
Posted

Hey Everyone, 

I am in the process of checking out self storage investing and getting educated on them. I want everyone's opinion is this a profitable adventure and if so what books do you recommend I read? 

Most Popular Reply

User Stats

519
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499
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Scott Meyers
  • Investor
  • Fishers, IN
499
Votes |
519
Posts
Scott Meyers
  • Investor
  • Fishers, IN
Replied

Hey Spencer!

Yes, Self Storage certainly has the potential to be profitable, fulfilling, and enjoyable.  And you're going to want the latter two in addition to being just profitable.

Please note that Self Storage is a great business in which to build generational wealth.  The low-hanging fruit is gone, but if you're willing to work hard by getting off the beaten path and overturning a lot of rocks, you can be quite successful.

My recommended two books: The Go-Giver book by Bob Burg and The Magic of Thinking Big by David Schwartz.

Both of these books have to do with HEART and MIND first and foremost, and not knowledge or application.  You can build your entrepreneurial empire with the latter, only when you've got a good foundation laid with the former.

Good luck and please let me know if I can be of any help.

Scott 

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