What is the best asset to invest in? Self-Storage of course.
Monday, May 15
Self-storage is one of the best assets there is to invest in. The properties continue to appreciate. Even in bad economies you have renters. Sometimes, the worse the economy, the better your occupancy rates. They are a great source of cashflow. They have minimum maintenance, and they are eas...
How Much Cash Flow Do You Need to Make Your Self-Storage Facility Work
Friday, May 12
When you are looking at a self-storage facility, you want to make sure that the property is in the right location, you want to make sure that it is the right size, you want to make sure that it has upside potential, and you want to make sure that there will be enough cash flow to make the project...
Why Is Upside Potential Crucial to Your Success in Self-Storage?
Wednesday, May 10
Once you know that a property works for you in size and location, then you need to determine if it will work for you in terms of profitability. One of the main reasons for being in self-storage is to make a profit. There are two ways that you can make a profit on your self-storage facility. The...
How Do I Know What to Look for in a Self-Storage Property?
Monday, May 08
When you are getting started in a new area of investing, it helps to know what you should be looking for. If you have been investing for a while, you should take a moment to determine if what you are looking for is what you actually need. There are a lot of properties for sale out there, som...
Where Should You Start If You Want to Invest in Self-Storage?
Friday, May 05
The first thing that you should do if you want to invest in self-storage is do a self-storage self-assessment. You need to know where you are at so that you know what you need to do and learn in order to achieve your goals. If you haven’t set any goals yet, it might make it hard to create a road...
What is Your Big Picture? Why are you Investing in Self-Storage?
Wednesday, May 03
Everyone has a reason that they do something. If we didn’t have a reason that we wanted to do something, we wouldn’t do it. Investing in self-storage is hard. It can take a minute. We’re in the crock pot business. This business can take time to build and sometimes it can take longer before y...