Learn how to choose the right market for your storage investment ventures, understand the critical role of population trends, and learn the importance of median household income in predicting investment success. This episode is a treasure trove for anyone ready to make informed decisions in the storage industry. So, hit play to start your journey to the optimal storage market.

 

KEY TAKEAWAYS

• Why avoiding large metropolitan areas is optimal for self-storage investment

• The importance of selecting markets with growing populations for storage investments

• Why you should invest in markets with a median household income of at least $50,000

• Free tools to assess market viability, competition, and development potential

 

RESOURCES/LINKS MENTIONED

• Census Bureau

• City-Data.com

• Radius Plus

 

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TWEETABLE

• Ideally, you want to be in a storage market where the population is increasing. - Alex Pardo

 

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