Is Investing in Self Storage a Good Hedge Against Inflation?
Hedge Against Inflation Inflation was one of the biggest stories of 2022. American consumers have been enduring price increases the likes of which they hadn’t seen since the late 1970s and early 1980s. The Consumer Price Index (CPI) has remained relatively elevated. October’s CPI at 7.7 percent showed a slight decrease from 8.2 percent in ...
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How to Handle a Self Storage Unit Transfer
Self Storage Unit Transfer Despite the current economic climate and the difficulties of the past several years, the self storage industry is thriving. Pinnacle Storage Properties continues to acquire, develop, and successfully manage self storage properties across the country. Self storage units have always been a great short-term solution for individuals and companies that have ...
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Keeping Firearms in Self Storage: What is the Law in Texas
Firearms in Self Storage: Whether you own one gun or you’re an avid collector, there may be a time when you need to store your firearms. For various reasons, you may not want to keep them in your home. Concerns about the safety of your children Shortage of space for extensive collections Divorce settlement Awaiting ...
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12 Reasons Why Self Storage is the Only Real Estate Investment You Should Ever Make
Real Estate: Self Storage If you’ve been looking for a way to expand your real estate portfolio, self storage can be a sound investment that enables you to grow wealth with little capital outlay. Self storage real estate market conditions are excellent right now, and research forecasts suggest they may stay that way for at ...
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Self Storage Continues to Thrive and Remains Recession Resistant
According to an article in the New York Post, a survey by the Pew Research Center states that “96% of Americans are ‘very’ or ‘somewhat’ concerned about the rising prices of food and other consumer goods. Almost the same percentage of respondents (94%) said they were very or somewhat concerned about rising prices for gas ...
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Why Investors are Taking a Hard Look at the Self Storage Industry
While the need for extra space isn’t anything new, it is likely to continue. The events of the past two years have caused people to reevaluate their living situations for a number of reasons. The first is the popularity of remote work. People who can do their jobs from anywhere are taking this opportunity to ...
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Is There a Typical Self Storage Investor?
Americans are huge consumers. They love to buy stuff. When they’ve spent a good portion of their lives accumulating all of this stuff, their storage space is exhausted. What do they do with the items they buy—the extra furniture that they no longer use, the boxes packed full of forgotten things, and the recreational vehicles ...
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How Smart Entry Technology Benefits Self Storage Tenants
For those of you who are not “digital natives” and want to function comfortably in the current “tech” environment, it’s important to understand smart technology. According to Netlingo, smart technology is: “A catch-all phrase for a wide variety of technology that is made possible by the convergence of two trends that will profoundly reshape the ...
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What You Need to Know to Get Started in Self Storage Investment
As investments go, self storage sounds humdrum. It’s not as sophisticated as a high-end shopping mall or an upscale restaurant. Nevertheless, this boring industry can be a sound investment that enables you to grow wealth with little capital outlay. Self storage investing is not only for the wealthy. It’s attracting single-family, multifamily, and commercial real ...
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