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.
Multi-Family and Apartment 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 5 years ago on . Most recent reply

User Stats

19
Posts
1
Votes
Lazaro Dinh
  • Financial Advisor
  • Florida
1
Votes |
19
Posts

Considering getting into the storage unit business

Lazaro Dinh
  • Financial Advisor
  • Florida
Posted

Does anyone have any information to share about buying, financing and managing storage units? I have never been introduced to this type of investment but it is interesting to me. I am not sure if they are all corporate of if there are some mom and pops we can acquire. 

Most Popular Reply

User Stats

4,756
Posts
4,399
Votes
Greg Dickerson#2 Land & New Construction Contributor
  • Developer
  • Charlottesville, VA
4,399
Votes |
4,756
Posts
Greg Dickerson#2 Land & New Construction Contributor
  • Developer
  • Charlottesville, VA
Replied

@Lazaro Dinh This is a highly fragmented space with most storage facilities owned by individuals and smaller companies. That's one of the reasons the space is so attractive to most investors.

Understand this is a retail business and there are nuances and tricks of the trade but its not an overly complicated business. There are good third party managers out there for the larger properties.

You can find lots of great info on youtube etc. that will get you up to speed very quickly.

Loading replies...