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Updated over 3 years ago,
investing in self storage facilities
Are there experienced owners of store and lock facilities on BiggerPockets that could help my wife and I understand what is a good deal? I understand price point and if there is "meat left on the bone" in the area but we would like to understand how it would relate to the price you would pay to make it "worth it". IE: If a facility is for sale and say a 10'x20' unit leases for $85 and a similar facility down the road leases for $110, that's good and so is if it is under leased, but what else should we look for? Should we be on site, hire, cap rates, CoC....
Thank you in advance for your input and advice!
Dan