If this is the case, you could be one of many smart investors who has recognized “gold there hills”. It was in the latter 1960s that homepage mini storage became a viable business. This industry has become a goldmine for many thousands.
They realize the importance of storage buildings throughout the country and are able to make smart investments. The rents in certain areas are increasing faster than those living there can. It has made it necessary for them to live smaller ……. It is common for cities to lack enough storage. This has led to the need for more.
Even in difficult times, businesses sometimes need smaller offices. It begs the question, how do they dispose of their surplus furniture? This is the easy part if your mini storage property owner is smart. I am available to rent out my mini-storage property. A mini storage unit can be rented to these people at an affordable rate.
A mini-storage is something you might consider if you have some previous experience in investing …. and renting residential properties. After suffering the many problems associated with owning residential homes, it might be worth considering a new approach ….. Renting real estate isn’t as good without tenants, bathrooms, and toilets. Numerous people have had nightmare stories about drug and prostitution use or the death of their rental properties. There needs to be a better way.
After you have sold mini-storage units, it is time to learn how self storage investment can work. A few facts to start: There is a maximum of 4-5 large Real Estate Investment Trusts. There are four types of REITs: Extra Space, Public Storage, Uncle Bobs (Shurguard), Shurguard and U Store-It. These REITs exist for the purpose of making money. Since they are openly available, you can look them up. They will show you how efficient they are, as well as the dividends that they provide to their investors ……. Then ask if it is possible to purchase mini-storage in order to be able to do the same.