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Showing posts from May, 2021

Who Are the Key Players in the Self Storage Sector?

For you to understand the industry, you'll need adequate knowledge of its key players and what they are doing to remain ahead of the competition. This is because companies differ based on the services offered, space available for rent, security features, and prices charged. Some of these big industry players include; Company National Coverage Customer Service Diverse Storage Options Security Price Charged Public Storage In all States Satisfactory Few Standard Inexpensive Extra Space Storage In 40 States High-quality Few Standard Inexpensive U-Haul In all States High-quality Few Exemplary Expensive CubeSmart In 20 States + DC Satisfactory Many Standard Expensive Life Storage

Reasons to Invest in the Self-Storage Sector

Investing in the self-storage industry is a great idea for clients seeking to maximize their Private Equity Real Estate returns. This strategy is effective because; The Industry Has a Promising ROI Most companies in the self-storage industry have consistently produced good returns on the shareholder's investments since the sector began. Its recession-resistant nature means that this might not change, even with the global market recessions caused by the Coronavirus. The compound annual growth rate is projected to be above 130% between 2020 and 2025. With a steady demand for the product and a high average rental price, starting a self-storage facility is a smart investment. The Properties’ Ease of Maintenance Maintaining a self-storage facility is less of a hustle compared to other products with similar private equity real estate returns. Unlike other real estate equity investment , you do not need a full-time property manager when managing the investment. Rookie owners ma