Updated almost 4 years ago on . Most recent reply
Remote Self Storage Management?
One of my rental properties has appreciated significantly in value, and I am considering selling it and buying a small self storage facility. Based on my own research, it looks like there is great software for remote management of self storage, but I will need some type of on-site support as well. For my rentals, which are all out of state, I rely on a property manager. Are there similar services for self storage units? I really want to avoid directly hiring someone, so that I do not have to deal with all of the paperwork that comes with having employees (i.e. payroll, benefits, etc.) Can self storage truly be a passive income source like a rental property?