Is Installing Electricity in Your Storage Units A Wise Investment?
Electricity in Your Storage Units If you’re a storage unit owner/operator, you know that running a successful facility requires careful planning and smart investments. One investment that might be worth considering is the installation of electricity in your storage units. While it might seem like an unnecessary expense, providing electrical access to your tenants is ...Read more
Questions For First Time Self Storage Investors
If you’re looking for an alternative real estate investment that will provide you with a stable, predictable income stream, minimal maintenance, and low operating costs, investigate self storage. The dollar per square foot that you’re getting on each unit is similar to what is earned on multi-family investments, and you don’t have to know how ...Read more
The Outlook for Self Storage is Optimistic During the Global Health Crisis
The coronavirus outbreak has mobilized the country into a collective mode of crisis management. Social distancing is the new buzzword. People are on their guard to keep a distance of six feet between themselves and other humans. Grocery stores have taped the floor in six foot increments so that shoppers maintain safe distance while waiting ...Read more
Are You Worried About the Economy? We’re Not!
Recent economic uncertainty is reinforcing recession resistant investing strategies. With stock market volatility not seen since 2008, investor confidence is waning. This unreliable economy is making recession resistant and resilient investments a major priority. Self storage isn’t glamorous, it isn’t magic, and it isn’t recession proof; but it has proven time and again to be ...Read more
Underwriting Self-Storage Properties
Underwriting is the process used to determine the financial feasibility of an event such as the acquisition, refinance, recapitalization, construction, or expansion of a property. This process is integral to any real estate transaction and the product of the underwriting will be a primary decision making factor for every party involved, from the operator, to ...Read more
A New Platform for Self-Storage Investors
Pinnacle Storage Properties has committed to list more than $100 million in storage assets on Earn.re, a blockchain platform for commercial real estate financing designed to connect lenders and accredited investors directly with project sponsors. To understand blockchain, you have to first understand the fundamentals of tokenization (sometimes called cryptocurrency) and blockchain technology. What is ...Read more
Newly Expanded Storage Plus of Katy
Storage Plus of Katy, formerly Franz Road Self Storage, one of our leading facilities, has been undergoing a significant property expansion that is nearing fruition. This facility, located on Franz Road, across the street from St. John XXIII Preparatory School, offers residents and businesses in Katy, Texas an exceptional storage experience. The multi-faceted expansion, which ...Read more
Self-Storage as a Real Estate Investment: Who is the typical self-storage investor?
Self-storage is not a glamourous industry. Uninteresting warehouse-type buildings, filled with cubicles that are overflowing with people’s belongings, do not have the sex appeal of a glitzy shopping mall or a sophisticated designer furniture store. Locations on noisy roads or the outskirts of town are standard. These facilities, however, have become big business and are ...Read more