Criteria for Storage facilities

[Hector Perez]

I have been investing in SFR for a few years and I have a criteria that has worked since day that I found in Bigger Pockets, but now that I am looking to invest in storage facilities that information is not easily available

Can someone provide an entry level criteria like # units, year built, Sale date/Equity or other items needed to pull a list to start mailing?

Thanks for all your help

[Scott Meyers]

Originally posted by @Brandon Gentile:

Great info! Thank you!

Its definitely something I want to eventually get in to this next year or two and branch out. As was mentioned, I just find it hard to retrieve information anywhere on the topic.

Im assuming commercial brokers or business brokers would probably be the people to talk to...?

I feel like the market is oversaturated right now in that arena? I see them popping up everywhere in the past couple years...

 Hey Guys, I have posted A LOT of information on the topic here on Bigger Pockets.   But one of the common misconceptions or words thrown around regarding the industry is "oversaturated".  

It's quite the contrary - Industry experts and myself conclude that the level of development we are seeing won't meet the increased demand or even approach the point of equilibrium until around 2020.   The Current, National average occupancy in Self Storage is approximately 93%, with most of the top 50 MSA's stating they are 100% full with waiting lists!

We are buying and developing as fast as we can, and my education business that teaches people about this asset class is absolutely Exploding.  For the record, our next Self Storage Academy will be held in Dallas, TX November 19-21 if you're interested to learn more about the business, or you can pull down a free, 6 part Video Series at www.SelfStorageInvesting.com. 

We're always looking for more deals to buy, and we also partner on select deals with our students, as long as they meet our acquisition Criteria should you be interested.  

Real Estate without the hassles of tenants, toilets, and trash has absolutely changed our lives - having dumped over 100 houses and over 400 apartments in favor of Self-Storage and Warehouses. 

Cheers,