If your answer is yes, you are probably among the best investors that have ever realized that gold lies in these hills. The mini-storage industry really took off in the late 1960s. Since then, many investors have turned it into their own personal goldmine, click for more.
Investors are well aware of the need for storage facilities across Canada. In some parts of the nation, rents increase faster than what consumers can handle. This forces them to live in smaller apartments …… The lack of adequate storage in cities is one reason why people are forced to move into smaller spaces.
In spite of the economic difficulties, many companies are now forced to downsize their offices. The question arises as to what they should do with their personal and office furniture. You can easily be an intelligent mini-storage manager. Rent space at my mini storage facility. The mini-storage buildings provide affordable storage for those who need it.
Chances are, if you’re looking to buy a mini-storage unit, you already have some experience with investing …. through rental property ownership. You may want to consider a change of approach after experiencing the challenges that accompany owning residential real estate. ….. Although renting property is an excellent option, it does not come with tenants, bathrooms, or any other amenities. Renting a property can be a nightmare. Drugs, prostitution and murder are all included. The solution is to use a more effective method.
I’ll explain how investing in Self Storage works if you want to buy mini-storage. Background: There are at least 4 or 5 major Real Estate Investment Trusts. The Self Storage Business is the main focus of these REITs. Extra Space Public Storage Uncle Bobs Shurguard. They are all REIT’s that want to make money. You can find them online, as they’re public. Look them up. You can see their operations and how much they return to investors …….