Today we are joined by Alia Ott, an investor out of the West Coast, in a real estate niche we at the Business Shorts Podcast have always been curious about - self storage. Alia is really passionate about teaching others how to invest and work towards financial freedom, and her company, Investors In Action, has been able to guide a lot of people investing in this niche. It's time to learn more about this unique niche in the real investing world.
In this episode, you will learn about:
- What makes self storage units so attractive
Typical cap rates currently found in the self storage industryWhat types of down payments you may expect for self storage facilitiesIn what cases banks will offer financingBest places to search for high potential self storage unitsBiggest risks in the businessWhy pricing your units correctly is extremely importantBest advice: Get educated! Learn as much as you can to give yourself an advantage.Best resource: selfstorage.org; insideselfstorage.comFind more about Alia and her business at her website.