How To Make Quick Cash Finding Self Storage Buildings For Investors 1210
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Self-storage can be an intimidating topic. Many people see those big buildings off the interstate and don\\u2019t think there\\u2019s a way for the little guy to get into them. Joe Evangelisti teaches people how to make money in self-storage by finding deals and getting paid for them. Here, Joe shows us how his business works and how you can get involved and start making money. He got into self-storage by coincidence and started his career in single-family fix and flips. They call storage units \\u201crecession-proof\\u201d for a lot of reasons and we talk about why that is.
Between 70% and 80% of storage facilities are mom-and-pop owned. Joe buys these properties and does some value add and upgrade work. He also builds new facilities from older buildings. We talk about the kinds of renovations needed in these places and we compare storage facility numbers to rentals. Joe walks through all the benefits of self-storage and why he likes it better than residential real estate. He\\u2019s four years into it and currently has a portfolio of 12 properties. We talk about the kind of capital needed for leasing and raising private money. If you want to learn more about Joe, head to his website below and check him out on social media.
What\\u2019s Inside:
\\u2014The benefits of self-storage vs residential real estate.
\\u2014Why self-storage is \\u201crecession-proof\\u201d.
\\u2014How to get paid to find self-storage deals.
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