What is a Storage Facility Auction?
Monday, December 10
You may have heard the buzz lately about people attending storage auctions and buying a bin or winning a unit and making some money in the process. Perhaps you’ve even seen one of the myriad of shows on cable TV lately about people spending a few dollars and turning it into thousands from one lu...
Acquiring and Renovating Older Facilities
Friday, November 30
There has been a great deal of activity in the market for those willing to buy older, smaller facilities, and create value through renovation and repositioning. Many investors have made a small fortune focusing solely on Class C Facilities and improving them to the point of being a solid, Class B...
Buying an Limited Liability Company (LLC)
Friday, November 16
Question of the week:“An investor once told me that a way to avoid the property tax increase upon the sale of the Self Storage Facility is to have the seller set up an LLC, transfer the facility out of his old LLC into the new one, and then you buy the LLC and all its assets. Can you comment or ...
Building Self Storage
Friday, November 09
All Across the United States, entrepreneurs are talking about the self storage business. The word is out that investing in the mini storage business can be very profitable. And it’s not just the experienced investors that have their eye on the Self Storage Business prize. With lower building and...
5 Ways to Partner on a Self Storage Facility
Friday, November 02
FACT: Self Storage Development is at an all Time High, and the demand for storage is still on the rise.FACT: Investing wisely in a Self-Storage facility has proven to be very lucrative for those who have chosen this vehicle for both cash flow and wealth accumulation. FACT: From over a decade of ...
Why is Self Storage Suddenly So Hot!
Friday, October 26
INVESTORS in self-storage stocks finally have some gains to stow away.The four real estate investment trusts that together own and operate about 12 percent of the facilities nationwide — most of the other properties are mom-and-pop operations — has soared about 31 percent, on average, this year t...