Looking for Self Storage properties for sell!
Good Morning,
I'm excited to jump into the commercial investing specially into the self storage world. I have been doing my research online and looking for properties for sell but It looks like is really hard to find self storages for sell online.
Does anyone know a good real estate agent that works or know about self storage properties in Texas?
If you guys have any tips I'll appreciate it, I'm more than happy to learn and get my first self storage!
One alternative to buying an entire storage facility yourself is spreading smaller amounts among many different private equity storage facilities. Reliant, Spartan, Nomad, Hearthfire, and Belrose are all reputable real estate syndicators operating in the self-storage space. They also bring an economy of scale with them.
We sometimes look at storage syndication deals in our Co-Investing Club. That lets you invest with even less per property, $5K instead of the typical $50-100K minimum investment for a syndication deal.
And, of course, syndications are completely passive investments. If you invest with a syndicator, they take on all the headaches of lining up financing, hassling with contractors, property management, etc. That leaves you free to keep on living your life.
Some investors love managing properties themselves, but personally I no longer invest actively. I only invest passively in real estate at this point, and I'm a lot happier for it.
Quote from @G. Brian Davis:
One alternative to buying an entire storage facility yourself is spreading smaller amounts among many different private equity storage facilities. Reliant, Spartan, Nomad, Hearthfire, and Belrose are all reputable real estate syndicators operating in the self-storage space. They also bring an economy of scale with them.
We sometimes look at storage syndication deals in our Co-Investing Club. That lets you invest with even less per property, $5K instead of the typical $50-100K minimum investment for a syndication deal.
And, of course, syndications are completely passive investments. If you invest with a syndicator, they take on all the headaches of lining up financing, hassling with contractors, property management, etc. That leaves you free to keep on living your life.
Some investors love managing properties themselves, but personally I no longer invest actively. I only invest passively in real estate at this point, and I'm a lot happier for it.
Thanks for that option!
