On top of being very scratch resistant tough, and cheap, it also just looks really nice.

There are only few homes in the small community that come to the market for sale.We’ve been fighting hard to resist the temptation to go with the home, but also avoid any risks as possible given the current crisis we are all in.Requesting all experienced investors and home owners to provide some thoughts and advise here!!

I agree that real estate is much more stable & resistance to change compared to stock market.

Noticed your profile pic and couldn’t resist.

It also fits nicely into the affordable housing classification. 100% occupancy and 100% of rents collected in April during the Covid-19 crisis, beautifully recession resistant.

You are correct Joseph, nothing is Recession proof, but there is no debating the fact that Self-Storage is more Recession Resistant than all other asset classes.   

This has been a perfect opportunity to fan the flames of opposition and I think truthfully its going to change how the STR business will be allowed in the future, at least in our gated community! 

I would also look more closely at their employment, is it resistant to the current situation?

We truly believe that this is about as recession resistant of an industry one can be in.

It’s higher risk, which I’m willing to take, simply because I’m investing for the long term (unless there is 5-10x gain in a few weeks/months, which can be very tempting to resist selling).