Where the Storage Opportunities Are | When to Buy a Storage Facility

Welcome back everybody to Self Storage Income! Today’s episode comes from the overwhelming request to address this topic. Just this past week I was part of a webinar with several other real estate investors. We were interacting with the viewers who were asking us questions. The most common questions we were getting had to do with current opportunity. Everyone wants to know - is now a good time to invest? Is this slight downturn your opportunity to leap? Is this the 2008 you’ve been waiting for? I’m going to lay it out here in the show notes, the fallacy of this kind of thinking. Let’s just address this out of the gate - do not try to time markets. Trying to time markets only leads to missed opportunity and you ultimately never getting where you want to be. So if timing markets isn’t an option, then what is? How do we know when to buy and when to hold off? I’ll give you the answer right here and now - don’t time the markets, time your capital. I’ll cover that topic in depth in this episode. WE also take a deeper dive into the subject of knowing when to buy and when not to buy, where the opportunities are, and how to take advantage of them. As always, thanks for listening everybody. Keep sending us your feedback, suggestions, ideas, questions, and so on. We love hearing from you all and couldn’t be more excited to have you along for the ride. AJ