Is self storage investments are still good?

[Travis C wright]

Do you expect self storage property to continue increasing in value? What are some factors for considering a self storage investment?

[Paul Moore]

Hi @Travis C wright. Self-storage investing, like almost anything else, has great deals in bad times and terrible deals in good times. There are overcrowded areas in deals that are already optimized and overpriced. Avoid those. There are other deals that have tremendous upside potential and you need to find those. I’ve written a BiggerPockets book on self-storage (Storing Up Profits) that might help you sort this all out. Buying self-storage and other real estate assets from mom-and-pop investors can provide significant profit and wealth creation opportunities in any market, and if we are facing a downturn, there will be more opportunities than usual. Good luck and happy investing!