Self-Storage Investing Mistakes to Avoid | Stuart Simonsen

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12/1/2020

Self-Storage Investing Mistakes to Avoid | Stuart Simonsen | Investing in Self-Storage

a Self-Storage Investing Mistakes to Avoid by stuartsimonsen | Dec 1, 2020 | Investing In Self-Storage, Self-Storage, Stuart Simonsen

Self-storage investing makes a lot of sense in this day and age. Decades of rampant consumerism has caused people to accumulate massive amounts of stu , and now they need somewhere to put it all. As a self-storage investor, you’re tapping into this need. But while the self-storage industry is certainly a good one to get into, you can blow your chance if you don’t go about it the right way. Here are the four mistakes you should avoid at all costs when investing in self-storage. Being too hands-o Some people think that operating a self-storage facility would be an easy job. Once you’ve got the units in place, all you have to do is sit back and watch the money pour in. The reality is that a self-storage operation requires just as much management as any other business. Marketing, keeping nancial records, and maintaining the facility will prove to be a full-time job. https://stuartsimonsen.net/self-storage-investing-mistakes-to-avoid/

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