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2011 28 Sep

Scott from Self Storage Investing gives advice on some of the easiest properties to convert into a self storage facility: flea markets. He’ll share where to find them for sale and how they can help save you money in the long run. For more information and storage quick tips, head over the the Self Storage Investing channel.

Duration : 0:2:23


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Published under Self Storagesend this post
2011 24 Aug

Scott, from Self Storage Investing, explains the importance of using a broker for your self storage business, and how to get the most out of your broker experience.

Duration : 0:2:24


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Published under Self Storagesend this post
2011 14 Aug

http://www.REIClub.com – Investing in Self Storage an be a Good Investment. Here’s a Quick Video on the Benefits and Risks of Self Storage Investments…

Hi, this is Frank Chen with REIClub.com, the only site you need as a real estate investor. Today I’ve got quick video on risks and benefits of investing in Self Storage.

Define: Why Self-Storage?
Self storage facilities share the same attractive qualities as other similar commercial real estate investing niches. Such as residential rentals, apartments, retail strip centers, office buildings, and industrial properties.

But Here’s The Difference::

- Self Storage Operating Costs are much lower
- Self Storage Investments loan default rates are significantly lower – banks like this
- Many ways to Profit – locks, boxes, & moving supplies, truck rentals
- Lien laws for Self Storage vs. Eviction Laws For Residential
- change locks and sell contents
- Virtually Recession Proof
- economy good = people buying new things, storing old things.
- economy bad = people downsize – need place to store excess

- No Tenants, No Water

Benefits:
- Being your own boss
- Significantly lower maintenance and operating costs
- High cash flow
– Same income, lower expenses = more profit
- the $ per sq. ft. is the same as other types of real estate investments
- Self Storage Deals are more appealing to Banks – funding is easier
- Tax advantages
- Cost segregation
- IRS changed the regulations to
- Increase Occupancy = appreciation, better market value

Risk:

- Liability – theft, fire, structural – big insurance policy
- Poor Location – not enough traffic
- Poor Rent Analysis – may be to high for the area
- Poor Management – contributes to vacancy
- Inaccurate Property Valuations – overpaying – very common among new investors
- Non-payment and evictions

Self Storage Investments are one of the fastest growing areas of commercial real estate investing. The cash-flow potential can be rather lucrative, but just like all real estate investment deals, it all comes down to the management and the control of your profit margins. Any errors made in self storage investments, such as over-valuation, a bad location, high vacancy rates, are going to be far more detrimental to your bottom-line than residential.

Again, this is Frank Chen with REIClub.com. Please take the time to leave your comments for this video below and please subscribe to our YouTube channel so you’ll be automatically notified when we upload more quick video tips for you. Take care and good investing.

Duration : 0:5:33


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Published under Self Storagesend this post
2011 12 Jul

Self Storage Investing Expert, Scott Meyers shares another Quick Tip. This week he focuses on signage and it’s value on Self Storage Facilities

Duration : 0:1:32


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Published under Self Storagesend this post
2011 25 Apr

Scott Meyers, expert in self storage investing, offers another great Quick Tip of the Week.

Duration : 0:3:1


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Published under Self Storagesend this post
2011 18 Mar

Scott Meyers, Self Storage Investing Expert, gives you the inside scoop on how to find PRE-FORECLOSURES. As investors it is important to keep up to date on commercial trends. This quick will help you do just that.

Duration : 0:2:50


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Published under Self Storagesend this post
2011 9 Mar

Scott Meyers, Self Storage Investing Expert provides another Quick Tip of the Week: Getting back to the basics and it’s important impact on your business.

Duration : 0:1:10


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Published under Self Storagesend this post
2011 24 Feb

Self Storage Investing expert, Scott Meyers, explains the details of a self storage KIOSK Return on Investment (ROI) worksheet. With the addition of KIOSKs to self storage facilities, the numbers show your ROI will be significant.

Duration : 0:4:12


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Published under Self Storagesend this post
2011 18 Feb

Self Storage Investing expert, Scott Meyers shares another Quick Tip to Investing. This week he lets you in on the secrets behind starting in the Self Storage Industry.

Duration : 0:2:2


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Published under Self Storagesend this post
2011 15 Jan

Scott Meyers, the foremost authority on investing in Self Storage gives a quick tip to investors and owners of Self Storage about leases for their units.

Duration : 0:4:36


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Published under Self Storagesend this post