Today 1 in every 10 Americans is renting a self-storage unit. Most self-storage facilities are above 90% occupancy and — yes, you guessed it — the room for growth and stress-free wealth generation in this niche is HIGH, so long as you know where to look…
Kenneth Nitzberg, the undisputed heavyweight champion of self-storage and chairman and chief executive officer of Devon Self Storage, continues the conversation on why self-storage is one of the most lucrative opportunities in real estate right now. He’s got the insider secrets on where the best opportunities are found, how to structure your self-storage deal to get the most bang for your buck, and what’s going to keep you from making a major mistake when getting started in this niche.
HERE’S WHAT YOU’LL LEARN:
- The recent history of public storage and what it means for real estate investors NOW
- Cap rates in the self-storage niche and why they’re less telling than you think
- The very best places to take advantage of self-storage deals
- Why storage is actually a retail business disguised as real estate (hint: it isn’t what you think…)
LINKS AND RESOURCES IN THIS EPISODE:
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Episode 36: Self-Storage Hacks with Ken Nitzberg (Part 1)
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