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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How to Improve the Value of Your Self Storage Property in 2022
To keep your property at its best and ready for potential buyers, keep up with necessary maintenance.
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Defer Taxes on the Sales of Your Self Storage Investment with a 1031 Exchange
When you decide that it’s time to sell your self storage facility or any other commercial real estate investment, can you take your profit, avoid capital gains taxes and escape to a Tuscan villa? Actually, you can make this happen by using an IRS provision called a 1031 exchange. Theoretically, you could sell your facility ...
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Will a Cost Segregation Study Benefit My Self Storage Property?
Cost segregation is a strategy that self storage owners and operators use to separate assets for tax saving purposes. The concept of cost segregation is not complicated. However, the implementation of the process is complex and should be conducted by a team of experienced engineers. A more complete definition of cost segregation, according to Heidi ...
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The Role of Cap Rates in Self Storage Investment
All types of individuals invest in self storage properties, and they are not all “numbers” people. Novice property owners can be mystified by the complexity of number crunching and analyses that a more experienced owner uses to buy or sell a self storage property. Nevertheless, it’s a good idea to understand some of the more ...
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PINNACLE STORAGE PROPERTIES PROUDLY ANNOUNCES THE ACQUISITION OF PINE BLUFF STORAGE
Houston, TX – January 12, 2021 – Pinnacle Storage Properties, based in Katy, Texas, proudly announces its first acquisition in Arkansas. Pine Bluff Storage is the 25th addition to Pinnacle’s portfolio. The property, located at 3009 W Pullen Street, Pine Bluff, AR 71601, is 40 miles from Little Rock, along the Arkansas River. It is ...
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Are Qualified Opportunity Zones Favorable for Self Storage Investment?
By now, most commercial real estate investors have heard the term “Qualified Opportunity Zone,” even if they aren’t fully aware of the advantages this program provides. Qualified Opportunity Zones (QOZ) exist in financially distressed communities to foster economic growth and improve neighborhoods, while delivering incentives in the way of under market properties and preferential tax ...
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PINNACLE STORAGE PROPERTIES ANNOUNCES THE ACQUISITION OF STORAGE PLUS OF MINERAL WELLS AND STORAGE PLUS OF STEPHENVILLE
Houston, TX – December 2, 2020 – Pinnacle Storage Properties, based in Katy, Texas, proudly announces the acquisition of two more Texas self storage properties, Storage Plus of Mineral Wells and Storage Plus of Stephenville. These properties represent the 23rd and 24th additions to the Pinnacle portfolio. Storage Plus of Mineral Wells, formerly Security Storage ...
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