April 20, 2020

Is Now a Good Time to Buy a Storage Facility?

31 minutes

As it’s becoming more and more known that self storage is a strong performing asset, whether the markets are up or down, investing in self storage is quickly growing in popularity. But these are crazy times we’re living in. Markets are up, down, sideways, and none of us know what to expect between today and tomorrow.

So the question is - is now a good time to buy or invest in a storage facility?

The short answer? Absolutely yes, but, just as with any investment, only if you do it right. It doesn’t matter whether a market is up or down, a good deal is always a good deal, and a bad deal is always a bad deal. And trust me, the good deals are out there. We’ve looked at more deals in the past several weeks than we did in the last twelve months combined.

So we know we have to do this right, but how?

Well I’m glad you asked because we’re going to cover a lot of ground today that will help give you the tools to successfully invest in self storage, the tools to do it right.

We talk about the economic nature of self storage, how we look at and value storage facilities, what capital markets and lenders are doing, how self storage has performed compared to other asset classes, and the two things that will always kill a storage deal.

This is an incredible episode, enjoy it, take notes, and start looking for opportunities.

Thanks a ton for listening everybody,

Be sure to go to Selfstorageincome.com to get your free copy of my Self Storage Playbook. This step by step playbook walks you through from start to finish - how to identify a self storage market, how to perform due diligence, how contact a current owner, and ultimately how to land a storage facility deal.

You can also find the Self Storage Income Podcast on:

iTunes

Spotify

Stitcher

The Self Storage Income Podcast is Sponsored by Janus International - https://www.janusintl.com/

...more

View all episodes

By AJ Osborne

4.9

585585 ratings