Why buy a self-storage property
Self-storage facilities that are properly located and managed can be a continual source of income for their owners. Taking the time to find the right self-storage property for your needs will help ensure your success.
Things to consider before buying
- Are you new to the business?
If this is your first venture into self storage ownership, have you been to a state or national convention yet? Understanding more about the industry you are considering investing in will help you make an educated decision.
- What is your price range?
Narrowing your search to only those properties that fit your financial capabilities will save you both time and money.
- Do you plan to manage the property yourself?
If you are considering hiring a third party management company, make sure the property is large enough and generates enough revenue to take full advantage of the management company’s capabilities.
- Are you looking in a specific area or for a specific size property?
Understanding your geographic preferences is key to acquiring the best property for you.
- Are you looking to buy an existing property or would you want to develop one yourself?
Speak to industry professionals to understand the positives and negatives of each.
Contact Us
Contact Mark Floria at mfloria@pogodaco.com or (248) 420-4612 for help in finding the right self-storage property for your needs. Or you can fill out our contact us form, and we will call you back.