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Updated almost 5 years ago,
Self-Storage for cashflow.
Investment Info:
Other other investment in Circleville.
Purchase price: $25,000
Cash invested: $400,000
Storage units a great way to gain cashflow. Very easy to manage. I highly recommend self-storage.
What made you interested in investing in this type of deal?
Cashflow
How did you find this deal and how did you negotiate it?
Got the land from a family friend for almost free then decided to put the storage units on the land.
Lessons learned? Challenges?
Security is everything when it comes to self-storage, make sure you have a great security system with a gate, lights, cameras, etc.