How to Grow Your Self-Storage Business
There are several avenues available to you if you want to grow your self-storage business. Here are just a few to keep in mind.
Self-Storage Investing Mistakes to Avoid
Self-storage investing makes a lot of sense in this day and age. Decades of rampant consumerism has caused people to accumulate massive amounts of stuff, and now they need somewhere to put it all. As a self-storage investor, you’re tapping into this need. But while the self-storage industry is certainly a good one to get into, you can blow your chance if you don’t go about it the right way. Here are the four mistakes you should avoid at all costs when investing in self-storage.
Knowing If Investing in Self-Storage is Right for You
Self-storage has become a popular industry, and it has grown in popularity extensively over the last forty years. If investors are considering self-storage, there are many factors to look at. The best choice will depend on research and results.
The Pros and Cons of Investing in Self-Storage
The real estate market is divided into asset and property classes. Contrary to popular belief, these are completely unrelated labels. Property classes are letter-grade designations that can be applied to any type of building, regardless of its use. Real estate asset...
Common Myths About Self-Storage Investing Busted
When it comes to investing in self-storage, there are many myths and misconceptions. With more and more people looking to become investors in recent years, there have been even more misconceptions than before that are keeping people from trying it out or going too...
How to Kick-Start Your Self-Storage Business
Many entrepreneurs are drawn to the idea of running their own self-storage business. Much like a car wash or a similar side hustle, an independently-owned storage facility can provide things such as a consistent income stream, employment independence, equity, and tax...
Know Your Rights When Using Self-Storage
Modern self-storage facilities have been around since the late 1960s, with the first chain of name brands opening in Texas. For people who are in a transition or in a situation where they need to keep a collection of belongings safe, it’s a great option, serving as an apartment for your possessions. It is important to know your rights as well as your responsibilities if you decide to use this method of containment.
3 Reasons To Purchase A Self-Storage Unit
The amount of possessions people have in their homes is increasing year-over-year. The average home is growing in size, but this isn’t enough for some people. Naturally, when homeowners run out of space to store items, they look into renovations or additions to...
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