I failed to consider the climate that this property is in.

I failed to consider the climate that this property is in.

Luckily there are other options, but they do make it a little harder as a new investor in today's market climate.

As it pertains to investing, my wife and I planned on purchasing our first investment property this year actually, but given the climate, we have decided to hold off until the dust settles. 

We are only looking at Drive up storage and not Climate Controlled buildings. 80% of all Storage owners are individuals and most do Drive up Storage.Reminder as an example for town selection: (Existing units) (Unit market size) (Demand need)Town 1 500 650 150Town 2 1000 1000 0Town 3 1800 3600 1800Now I’m not going to make this easy for you.

Yep, just saw a BP post on how can I alter my numbers to have investing make sense in this low inventory climate. 

I wouldn't count on anything changing with the political climate that they currently have though. 

before you think about becoming a landlord in Oakland do your homework on the local political climate towards landlords in this city as well as the rental laws, proposed laws, RAP etc.

Same as true today, despite the pandemic and terrible political climate.

-if doing short term buy and disposition, real estate values may decrease so it is potentially more risky in this economic climate but not impossible.