Self Storage Investing For Beginners

Forming an llc for real estate investing new duration.

Self storage investing for beginners.

Self storage investing for beginners why 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. Buying into a real estate investment trust referred to as. It performs great during good or bad economic times.

80 are owned by mom and pop. 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. Ryan smith principal at elevation capital group in orlando florida suggests a couple of ways to invest in self storage facilities. Free guide to real estate investing take the first step towards building real wealth by signing up for.

Investing in self storage reits. 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. The self storage business is a 220 billion dollar industry. Aug 02 2019 by matt frankel cfp.

Self storage investing for beginners duration. 1 out of every 10 people in the us use self storage. There are 50 000 self storage facilities in the us. During good times people are buying lots of stuff and need a place to store it.

Self storage facilities vary in size quality and construction. Commercial property advisors 155 818 views.