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All Forum Posts by: James ONeal

James ONeal has started 8 posts and replied 43 times.

Post: Self Storage Unit Investing for Beginners: The pros and cons?

James ONeal
Pro Member
Posted
  • Rental Property Investor
  • Indiana
  • Posts 49
  • Votes 23

Wow, it looks like I am going to be busy! Thanks, @Tracy Selfridge. @Kris Bennett has 33 videos and I just subscribed to his channel. Thanks, for the post @Michael Wagner. I will definitely check out the blog https://www.biggerpockets.com/member-blogs/3915-all-things-self-storage . My wife thinks I have completely lost it as I have been up until about 4 A.M. the last 3 nights researching, listening, and watching all things self-storage. Thanks to the current events I have more time than I know what to do with. Pumped to self-educate and plan for the future. Thanks for ALL the replies! 


 

Post: Self Storage Unit Investing for Beginners: The pros and cons?

James ONeal
Pro Member
Posted
  • Rental Property Investor
  • Indiana
  • Posts 49
  • Votes 23

Thanks, @Mike Ball! Just subscribed to AJ Osborne's "Self Storage Income." I will keep you posted as I start my Self Storage Income journey...

Post: Self Storage Unit Investing for Beginners: The pros and cons?

James ONeal
Pro Member
Posted
  • Rental Property Investor
  • Indiana
  • Posts 49
  • Votes 23

Paul Moore explained how storage units were great during good economic times and downturns. People need a place to store stuff that they buy from Amazon or Walmart. This also holds true when people want to downsize their homes. Self-storage units seem to weather the economic storms and keep its tenants. Additionally, there is a new 58-unit apartment development (valued a $6 million) under construction in the vicinity of where I would like to add these units. 

I am a newbie to Bigger Pockets, participate in the weekly webinars, and listen to the Podcast. Self-storage units haven't been a topic covered since I have been a member. I am from a small town in Indiana and wanted to ask the group for pros, cons, and how to get started?

Thanks in advance!

V/R

James O'Neal