How Much $$ Do You Really Need to Buy a Self-Storage Facility? This Video Breaks Down the Numbers
June 27, 2024
The self-storage industry is hyper-attractive to investors right now, especially those who are new to commercial real estate. But how deep do your pockets really need to be if you hope to buy a facility? Get the facts in this video by industry investor and owner Alex Quezada, who explains why this is the best asset class around, offers critical industry facts, and breaks down the numbers behind acquisition. He discusses how much you’ll typically need for a down payment and how to get partners to help cover the cost. You’ll also get guidance for boosting the value of your new venture, whether you’re looking for a long-term, cash-flowing enterprise or plan to sell it for a profit. If you’re looking to jump into the business, this video will point you in the right direction.
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