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We just did a video on investing in self storage in small MARKETS, now it's time to talk about investing in small storage facilities themselves.
As with anything, there are pros and there are cons. Understanding and planning for each is key to your self storage investment success. I wanted to go over both the pros and cons of investing in small storage facilities to help you identify those aspects to help ensure you're investing in the best possible storage asset you can. This also goes into and plays a role in what your long term investment strategy is. Do you plan on owning a ton of small facilities? Do you want to stay away from small facilities and focus on only large facilities?
Maybe you don't even know. Regardless, after you watch this video you'll have some insights into the pros and cons of owning and operating small storage facilities. Who knows, you might even change your investment strategy or come up with an even better investment strategy.
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