Investing In Self-Storage Units 101
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- Опубликовано: 21 мар 2019
- In this video, Paul Moore breaks down the lucrative and niche real estate investment of self-storage units!
Self-storage investing is on the rise and investors are loving it! Here's an overview of what, why, and how you can start investing in storage units to grow your income and diversify your real estate investment portfolio!
www.biggerpockets.com
Connect with Paul Moore - www.biggerpockets.com/users/P...
Do you think investing in self-storage is a better investment?
Let us know below!
We need more coverage on this topic. Not just an insight. So many great benefits and turnover
how can we start it?
Not sure if it's better. That depends on your situation. However, i do think it might be good. Please explore this topic!
Cap rates (net operating income divided by purchase price) I hear are 10%. Like Paul said, look for value adds. If you can get 10% and can easily add with the things he talks about, then yes, it may be better than a MF that’s renting at market rents.
It's better in a lot of ways but there are downsides as well. On net balance, I wouldn't put my money anywhere else. I'm highly biased though.
I've told my wife we should buy one. Just from the few months I rented a unit, I was doing the math on how much that place must take in. They seem like s no brainer investment.
Did you end up investing in one?
You should invest your capital in a tripod :)
😂
Haha! We will film all future videos with a tripod
Dude was steady tho lol
@@gryndkommeted1362 steady but wouldn't stop moving lol.
Pls explain Marko
Self-storage is such an interesting asset class. Definitely looking into this more.
I’m sure u will look into it for about 10 minutes, then u will go back to watching tv
Connor Ford Just bought a 4-unit. It’ll be a year or two before a self storage purchase.
@@airjordanatthis probably what you did
Great video Paul, keep them coming, quick, informative and sweet!!
Thank you!
I appreciate that this is Good advice I'm taking it 👍👍👍👍👍👍👍
One of the best explainer videos on the net by far. Awesome job BP!
I really want to see more from paul moore!
Wow. this is awesome. The Mawuena
What is the denominator though? How can reselling to a REIT be better for you? What about buy and hold?
How do you lease a uhaul or penske truck to someone you go do a long term lease?
I love the gangster rap at the end of the video
Sweet video. Would’ve been nice to see it with real numbers and examples instead of percentages.
So many variables Tho. Location, Size, Condition etc
Shhh this is something new 101.
buy or build?
This guys looked like Ron Paul in the thumbnail so here I am
Yo who's operating the camera? It's like they couldn't find him through the whole video
PLEASE!!! lock the camera down. Also, great vid!
Im finding the hardest thing is financing... How do you calculate the CAP rate?
I believe profits are.08 percent of the cap
The formula for cap rate is Net Operating Income (NOI) divided by the current market value of the asset.
Stop being a dumbass that’s how
Where do we learn how to upgrade to an institutional level?
Just take a look at someplace like Public Storage. He's talking about things like climate control system, an active security system, paved driveways, a storefront, that sort of thing. Just think about what is in a corporate-level storage facility and take the one you buy to that level.
Do you get the same tax deduction on this kind of property?
You'd get the same tax deductions as any other business. You'd be able to depreciate the buildings, you'd be able to deduct management fees (for the person manning the store front), you'd be able to depreciate the security system (if you install one), the climate system (if you install one), the doors of the units would depreciate faster than the buildings themselves, etc. You'd probably get _more_ tax benefit than a rental property, but you would certainly get at least as much.
Yes, you may want to split it into a rental and a management businesses.
Interesting topic
What if someone is broke and loses their house? Does everything they ever own or made memories with be lost forever because they can’t pay rent for storage?
What?
Yes
Yes that’s part of the contract they signed before getting the rental
Yea
Pulling numbers out of the Air
Thought it was Ron Paul in the thumbnail
Who buys stuff on amazon and then puts in a self storage unit?
me
Boy I thought it was Robert dinero about to lay the facts of self storage
What is a CAP rate in real estate and what is a number to look for?
Luca Graziano Cap rates are area and asset dependent. Reach out to a local commercial broker and they can break down these numbers for you.
Here you are
ruclips.net/video/hWMKpt0YRPU/видео.html
The content is very interesting but the camera panning back and forth makes it very difficult to concentrate on the information.
Little did he know... one year later was the downturn
Sale myth like Walter white 😆👍
You did a really bad job of explaining Cap Rate compression and the mechanics behind that (risk, growth, liquidity, inflation, capex, etc).... Actually you didn't explain it at all.
How does Cap Rate Compression really work? I don't understand by listening to him.
I mean, it is a 101 video
Cages
stop moving the camera. please.
I'd rather invest in barbie dolls
Why
😂
Just tell me your net worth bub
Whooooooa lol
I wonder if I should trust a company who's name in slang means lying
For me to comment, it's extraordinary...but, as Whiteboard Finance mentioned, please correct the camera movement. I needed to eventually *listen* the video instead of watching it. The camera movement is disorienting and distracting.
This guy looks like Jeffery Epstein.
Why has no one said this yet?
bill cipher how do you think Epstein could do what he did... storages