43 min
Real Estate's Undiscovered Niche Get Rich Education
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- Investing
One niche that people are passionate about is investing in self-storage facilities (SSF).
SSFs are recession-resilient and there’s less to maintain. Your “tenants” are often cardboard boxes, not humans. This makes it easy to manage.
Tenants often expect to stay for 6 months, but stay for 3 years.
A 10 x 10 storage space might rent for $200. You could increase the rent by 10% to $220. They won’t move out due to a $20 increase, but you got a 10% rent hike across all your units.
The best SSF locations are accessible, for example, near an expressway interchange.
SSFs are little more than 4 pieces of sheet metal, a floor, and a door.
You can invest alongside today’s SSF expert guest, Dave, at: www.gremarketplace.com/selfstorage
This business model: Buy property from a mom-and-pop operator, add size and scale, and sell to a REIT, all in a 3 to 6-year span.
One must be accredited and invest at least $50K. Investors receive reports quarterly.
SSF cash flow is modest, typically 3-7%. This is an equity play, where you could 2-3X your funds on the sale at exit time.
Learn more and get started at: www.gremarketplace.com/selfstorage
Resources mentioned:
Show Notes:
www.GetRichEducation.com/393
Get started. Learn more about self-storage investing:
www.GREmarketplace.com/selfstorage
Get mortgage loans for investment property:
RidgeLendingGroup.com or call 877-74-RIDGE
JWB’s available Florida income property:
CashFlowAndGrowth.com
To learn more about eQRPs: text “GRE” to 307-213-3475 or:
eQRP.co
By texting “GRE” to 307-213-3475 and opting in, you will receive periodic marketing messages from eQRP Co. Message & data rates may apply. Reply “STOP” to cancel.
Make passive income with apartment and other syndications:
www.B2Rdirect.com
Best Financial Education:
GetRichEducation.com
Get our free, wealth-building “Don’t Quit Your Daydream Letter”:
www.GetRichEducation.com/Letter
Top Properties & Providers:
GREmarketplace.com
Follow us on Instagram:
@getricheducation
Keith’s personal Instagram:
@keithweinhold
One niche that people are passionate about is investing in self-storage facilities (SSF).
SSFs are recession-resilient and there’s less to maintain. Your “tenants” are often cardboard boxes, not humans. This makes it easy to manage.
Tenants often expect to stay for 6 months, but stay for 3 years.
A 10 x 10 storage space might rent for $200. You could increase the rent by 10% to $220. They won’t move out due to a $20 increase, but you got a 10% rent hike across all your units.
The best SSF locations are accessible, for example, near an expressway interchange.
SSFs are little more than 4 pieces of sheet metal, a floor, and a door.
You can invest alongside today’s SSF expert guest, Dave, at: www.gremarketplace.com/selfstorage
This business model: Buy property from a mom-and-pop operator, add size and scale, and sell to a REIT, all in a 3 to 6-year span.
One must be accredited and invest at least $50K. Investors receive reports quarterly.
SSF cash flow is modest, typically 3-7%. This is an equity play, where you could 2-3X your funds on the sale at exit time.
Learn more and get started at: www.gremarketplace.com/selfstorage
Resources mentioned:
Show Notes:
www.GetRichEducation.com/393
Get started. Learn more about self-storage investing:
www.GREmarketplace.com/selfstorage
Get mortgage loans for investment property:
RidgeLendingGroup.com or call 877-74-RIDGE
JWB’s available Florida income property:
CashFlowAndGrowth.com
To learn more about eQRPs: text “GRE” to 307-213-3475 or:
eQRP.co
By texting “GRE” to 307-213-3475 and opting in, you will receive periodic marketing messages from eQRP Co. Message & data rates may apply. Reply “STOP” to cancel.
Make passive income with apartment and other syndications:
www.B2Rdirect.com
Best Financial Education:
GetRichEducation.com
Get our free, wealth-building “Don’t Quit Your Daydream Letter”:
www.GetRichEducation.com/Letter
Top Properties & Providers:
GREmarketplace.com
Follow us on Instagram:
@getricheducation
Keith’s personal Instagram:
@keithweinhold
43 min