Forming an llc for real estate investing new duration.
Self storage investing for beginners.
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.
The self storage business is a 220 billion dollar industry.
How to diversify your real estate portfolio with self storage why is self storage investing so lucrative.
Self storage investing for beginners why invest in self storage facilities.
There are 50 000 self storage facilities in the us.
1 out of every 10 people in the us use self storage.
In this article we will provide an asset class overview highlight recent changes in use discuss low minimum options for investing in self storage and conclude with thoughts on how investors can use this information to make informed investment decisions.
Investing in self storage reits.
Buying into a real estate investment trust referred to as.
During good times people are buying lots of stuff and need a place to store it.
80 are owned by mom and pop.
Commercial property advisors 155 818 views.
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.
It performs great during good or bad economic times.
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.
Self storage facilities vary in size quality and construction.
1 28 whether the economy is good or bad people will always need storage.
Aug 02 2019 by matt frankel cfp.