How to Find Your First Self Storage Deal
Saturday, July 27
Finding deals is probably the single most important step in the whole self storage investing process. And that makes a good bit of sense considering that nothing that you want to achieve as an investor can happen unless you start investing...and you can't start investing without a deal! You are g...
3 Ways to Invest in Self Storage
Saturday, July 20
Generally Speaking there are 3 primary strategies for self storage investing. You can build storage on vacant land, convert an existing warehouse/building to self storage or buy an existing facility (either a well run, turn-key property or a struggling value-add property). Let's dive into each st...
How Self Storage Investing Compares to other REI Strategies.
Sunday, July 14
Self storage investing is based on the same fundamentals as other REI niches. Quite simply, all we are trying to do is rent out space at a rate that exceeds (by a sufficient margin) the costs to own and operate the property. This is great news for you if you have previous experience in investing ...
Self Storage Case Study # 2 - Update 14 months after purchase
Friday, January 22
Its been 14 months since I Introduced Self Storage Case Study # 2. Needless to say we have been busy trying to make good on the projections we set forth over a year ago. If you somehow stumbled onto this blog post without having first read my previous post, please take the time to read Self Stor...
Self Storage Case Study # 2 - Introduction Only
Saturday, October 11
Its been a long time since I've posted anything to this blog and since my wife has heard enough about this deal over the last 6 months, I thought I would force someone else to listen to me. I can't stop talking/typing when I get this excited about a deal!!!:)Mini Storage Project #2Overview of Pr...
Analyzing the Financials of a Self Storage Facility
Saturday, May 25
Simply put, I love self storage. The reasons for this love are numerous and far reaching but I'd be lying if I said that the underlying financials inherent to this industry weren't a primary draw. While the following is a gross over-simplification, I hope that it will at least serve as a point f...