Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Commercial Real Estate Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 7 years ago on . Most recent reply

User Stats

214
Posts
34
Votes
Vincent Chen
  • Real Estate Investor
  • Philadephia, PA
34
Votes |
214
Posts

Still good time for self storage unit investing?

Vincent Chen
  • Real Estate Investor
  • Philadephia, PA
Posted

Just focus on value add apartment building until now,but recently,I went through the posts regarding self storage units.

Just would like to know is this still good phase for investment in self storage unit?

I choose assets for wealth building,so I focus on value-add chance,not passive cash flow or for retirement.

Thank you for all the inputs from different perspectives,thank you.

Most Popular Reply

User Stats

5
Posts
3
Votes
Zachery Peart
  • Lender
  • Monroe, GA
3
Votes |
5
Posts
Zachery Peart
  • Lender
  • Monroe, GA
Replied

Vincent,
In my market area storage facilities are still in demand. The ones I've seen in the past had great cash flow. I still get construction/development requests for self storage facilities also. Hope this helped.

Loading replies...