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Updated about 5 years ago on . Most recent reply

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Azmat Hossain
  • Rental Property Investor
  • Florida State, FL
8
Votes |
41
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Invest in storage units, Good idea bad idea

Azmat Hossain
  • Rental Property Investor
  • Florida State, FL
Posted

I’ve been thinking about looking into investing in storage unit maybe start off small I live in South Florida anybody has any advice

Most Popular Reply

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Greg Dickerson#2 Land & New Construction Contributor
  • Developer
  • Charlottesville, VA
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Greg Dickerson#2 Land & New Construction Contributor
  • Developer
  • Charlottesville, VA
Replied
Originally posted by @Azmat Hossain:

I’ve been thinking about looking into investing in storage unit maybe start off small I live in South Florida anybody has any advice

 Storage is a very good space and have less issues to deal with from a maintenance and CAPX standpoint compared to other types of assets. It is a retail business so you need to study up on the space and understand all the KPIs and metrics of the business and how to add value and increase income.

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