Answering yes to these questions means that you are one of the best investors who has realized there’s gold hidden in those hills. The concept of mini storage began in late 1960s. Mini storage has become a personal gold mine for thousands of investors, click this link.
This is because these investors know that storage facilities are essential for many reasons throughout the country. There are areas of the country where rents rise faster than people can afford. This forces residents to live in smaller spaces ……. A growing demand for more storage is evident in cities and many places.
Even during these tough economic times, many companies are having to relocate into smaller offices. It is natural that the owners of these businesses will have to decide what to do about their personal and furniture belongings. Being a smart ministorage owner is easy. Rent space at my mini-storage. This is a cost-effective way for individuals to store their stuff in mini storage facilities.
Mini storage may be something you’re looking to buy. It’s possible that you are tired of dealing with the hassles associated with owning residential properties. You may want to consider a new strategy …… Although renting is great for some reasons, there are no tenants or facilities like a bathroom, tubs, and other amenities. People have many horror stories to share about renting out their homes. There are many horror stories about renting your property, including drugs, prostitution, and murder. You can be sure that there’s a better way.
I will explain how investing in self storage works if you are looking to buy mini-storage units. You will see at least four to five major Real Estate Investment Trusts. These REITs are mostly in the Self Storage Business. These include: Extra Space and Public Storage. These REIT’s have one goal: to make money. You can look them up. It will be easy to see their operation and how the investors receive dividends ……. The question now is, can you also buy mini storage units and operate the same operations as them?