The Economic Forces That Make or Break Self Storage
Hey everybody! Welcome back to the Self Storage Income podcast where we talk anything and everything self storage. It doesn’t matter what you’re investing in, understanding the economics of your chosen asset and how both micro and macro economic factors can affect that asset is key. In today’s episode I jump into the economic factors that can make or break a self storage deal. We go from debt cycles and the economic overview of the last several decades and how storage has weathered those cycles, to where the self storage industry is right now in today’s market cycle, and we even jump into the tools that government can use to control the economy that can also act as signs to eny savvy investors. One last thing, I also share with you all the biggest economic threat to self storage. Be sure to listen in, take notes as usual, and shoot us emails with any comments or questions you might have. Thanks a bunch for listening guys, AJ Pick up a copy of my book An Investor’s Guide to Growing Wealth in Self Storage here: https://selfstorageincome.com/book/
Be sure to go to Selfstorageincome.com to get your free copy of my Self Storage Playbook. This step by step playbook walks you through from start to finish - how to identify a self storage market, how to perform due diligence, how contact a current owner, and ultimately how to land a storage facility deal. You can also find the Self Storage Income Podcast on: iTunes Spotify Stitcher The Self Storage Income Podcast is Sponsored by Janus International - https://www.janusintl.com/