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Should You Shop for Self-Storage Facilities Outside Your Own State? Investors Discuss Long-Distance Challenges

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The self-storage acquisition market has been abuzz with activity over the past two years, and competition for properties is fierce. This has led many owners and investors to seek opportunities outside the states in which they usually do business. It’s a strategy that can expand your reach, but holding a long-distance asset does come with unique challenges, from finance and accounting to legalities and operation. In this thread on Self-Storage Talk, the industry’s largest and most active online community, members are discussing the specific hurdles involved in this approach and how they clear them. Jump on into this conversation to read their insight or share your own.

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