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Showing posts from December, 2021

There is a lot that goes on in a self-storage business, but not for the one looking for passive investment

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A lot of asset classes like multi family, industrial, medical office, office, retail whatever it might be the difference between that and self-storage is that self-storage is comparatively a high touch business. It is an operator’s business, it is business where one deals with cost basis.   Cost basis does not mean that one might have millions of dollars self-storage asset but with a few tenants, but cost basis means other owner with the same asset value has hundreds of tenants for storage rental in Dubai. This means that the one with many tenants has operations heavy business. When the bottle neck of the business is discussed then it means finding deals with anybody, financing is easy to come by LP capital somewhat easy to come by now that one has a little bit of track record of delivering returns and operations for the same is blocking & tackling. The things that make self-storage different Self-Storage is very similar to things like RV Parks and Mobile Homes. It is high