Self Storage Investing For Beginners

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Self storage investing for beginners.

Forming an llc for real estate investing new duration. Ryan smith principal at elevation capital group in orlando florida suggests a couple of ways to invest in self storage facilities. Self storage investing has been around for decades but over the past few years this niche of commercial real estate investing has grown in popularity now with over 1 7 billion square feet in an. It performs great during good or bad economic times.

How to diversify your real estate portfolio with self storage why is self storage investing so lucrative. There are 50 000 self storage facilities in the us. Self storage investing for beginners duration. Self storage facilities vary in size quality and construction.

Self storage investing for beginners why invest in self storage facilities. Commercial property advisors 155 818 views. The self storage business is a 220 billion dollar industry. However i personally don t consider myself a self storage investing expert in all aspects of the industry as many have labeled me i ve been the architect of dozens of extremely successful real estate transactions since i began my real estate career in 1993.

The self storage association estimates there are about 49 000 primary self storage facilities totaling 2 6 billion square feet of storage space and generating approximately 32 billion in revenue. 1 28 whether the economy is good or bad people will always need storage. Buying into a real estate investment trust referred to as. Investing in self storage reits.

1 out of every 10 people in the us use self storage. Aug 02 2019 by matt frankel cfp.