Just a few facts on why Self Storage has been and will remain a “hot” investment. According to the Self Storage Association (SSA), a not-for-profit tax-exempt organization formed in 1975 that has served as the voice of the U.S. and international self storage industry,
The self storage industry in the United States generated more than $24 billion in annual U.S. revenues (2014 – estimate). The industry has been the fastest growing segment of the commercial real estate industry over the last 40 years and has been considered by Wall Street analysts to be “recession resistant” based on its performance since the economic recession of September, 2008. The industry pays more than $3.25 billion each year in local and state property taxes. – SSA Fact Sheet
As of 01/30/2015, according to SSA’s reporting,
- There are more than 150 privately held firms that own and operate 10 or more self storage facilities.
- There are some 4,000 firms that own and operate from 2-9 self storage facilities.
- There are more than 27,000 firms that own and operate just one facility. – You could be one of these statistics!
Many times we run into investors that think, “I can’t compete with all the big players”, “There are self storage facilities everywhere in my city, the competition is too thick” or “I don’t have the money to invest and market my facility to get the occupancy level I need to compete and make money”. While all of these could be accurate, chances are you are not approaching the investing side of self storage with the right strategies.
What our team does, we break down the “planning and strategies” that you need to be successful! We help you achieve goals and steps to creating your own self storage investing stash. This is not a “fast, get rich quick” investment but one that if you take the time to learn from someone “in” the industry and not just “talking” about the industry can set you up for a long term, long run investment. We don’t “partner” but show you how YOU can get the down-payment you need with our Flipping to Fund strategy, cover the indepth skills you need and the “insider” information for marketing and maintaining a great facility to achieve a facility that is above the industry standard of 80% occupancy and where YOU are making money and not loosing money.
Don’t just take our word for it, see for yourself why investing in self storage is a great way to build your investment portfolio and have a little more of that something (freedom and money) for retirement.
Get Self Storage Associations complete Fact Sheet for 2015 HERE