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Updated over 2 years ago on . Most recent reply
Getting started with self storage
I've been listening to a few different FIRE podcasts and a few different Bigger Pockets podcasts and want to get started with storage units. What resources do you suggest I use to get started down this path?
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Nathan Gesner
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Read "Storing Up Profits" by Paul Moore in the bookstore. Lots of good information in there. There are a lot of big investors on BP that share a ton of information about that niche.
My recommendation is to figure out what you can afford to buy, then start looking for existing mom-and-pop operations to buy. Many of them are poorly run, renting way below market, with room to improve. It's basically a BRRR for storage. Paul Moore talks about it in his book.
- Nathan Gesner

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