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Updated about 7 years ago,
Mindy JensenPoster
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- BiggerPockets Money Podcast Host
- Longmont, CO
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Is Mini-Storage an RE Investment or Just a Business?
I love the concept of a mini-storage facility. It's pretty easy to run, the units are on auto-pay, if someone doesn't pay you simply lock them out until they do, or you auction off their stuff.
But it seems more like owning a business than investing in real estate. Yes, you own the actual property, but is that a real estate investment?