One niche that people are passionate about is investing in self-storage facilities (SSF).
SSFs are recession-resilient and there’s less to maintain. Your “tenants” are often cardboard boxes, not humans. This makes it easy to manage.
Tenants often expect to stay for 6 months, but stay for 3 years.
A 10 x 10 storage space might rent for $200. You could increase the rent by 10% to $220. They won’t move out due to a $20 increase, but you got a 10% rent hike across all your units.
The best SSF locations are accessible, for example, near an expressway interchange.
SSFs are little more than 4 pieces of sheet metal, a floor, and a door.
You can invest alongside today’s SSF expert guest, Dave, at: www.gremarketplace.com/selfstorage
This business model: Buy property from a mom-and-pop operator, add size and scale, and sell to a REIT, all in a 3 to 6-year span.
One must be accredited and invest at least $50K. Investors receive reports quarterly.
SSF cash flow is modest, typically 3-7%. This is an equity play, where you could 2-3X your funds on the sale at exit time.
Learn more and get started at: www.gremarketplace.com/selfstorage
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