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When it comes to owning property, there are a number of avenues that one can take. But, despite all of the available options, one seems to stand above the rest – self storage facilities. Because of their low maintenance costs (no carpets, no toilets, low capitol rates, etc.) and ability to bring in high returns, self storage facilities have continued to grow into the best form of real estate investments over the last decade, according to studies by Bloomberg. Self storage companies, located all over the country and the world, …

With studies being conducted on economic growth for the upcoming year, there are plenty of stats to mull over. Thankfully though, the results are showing that the self storage industry has room to thrive. Due to signs of upturns and changes in the way many are choosing to do business – including subsidies and a growth in self-owned businesses – 2012 has never looked better.
Unique changes throughout the country will also contribute to business in different ways. For example, Texas, according to an article in Inside Self Storage, will see …

Decreasing Property Taxes: An Increase in Profit
With an economy that’s continued to struggle over the past few years, owning property has had its roller coaster of business profits – as many of you know. Rents have been forced to be lowered and tenant regularity has decreased as well, which in turn increases operating costs (such as electricity and insurance costs), and decreasing the profits – also known as net operating income or NOI – a self storage facility can bring in.
As many storage facility owners have found, the biggest expense …

Throughout the struggles the U.S. economy has seen, the self storage industry has been one of the few markets to continue to prosper. While profits have been no where near their potential, self storage owners have yet to be hit as hard as other property owners. However, with some recent improvements in the lending industry, self storage should be looking to take another turn for the best. The FDIC is closing in on its list of failing banks, meaning those that are still standing are beginning to thrive. Another driving …

Determining Self Storage Cap Rates in New Markets
As we’ve been told time and time again, if you remember nothing else, remember the lower the cap rate, the higher the value. And value, found by dividing your NOI by capitalization rate, is another important factor. However, why is it that some investments offer higher yields than others? And some sell much lower? What is the determining factor? And more importantly, who is the one to decide? Unfortunately though, there is not one simple answer. Factors such as differences between buyers, sellers, …

The act of cost segregation – separating business and personal assets for the purpose of income taxes – has been in practice for decades, since 1954 to be exact. The government put this act into place to allow property owners a more accurate way of reporting their incomes. However, recent events and complains have caused these practices to take a significant jump as of late – changes that work toward the benefit of self storage facility owners.
In 1997, according to an article from SegregationHolding.com, the Hospital Corporation of America sued …

Self Storage Continuing on a Worldwide Rise
In a day and age where people are learning to cut down on their belongings – surviving on the bare minimums (at least in theory of going green) – self storage has been able to grow at a skyrocketing rate. While homeowners and renters alike are looking for a way to harness fewer space-taking items, people, for the most part, can’t seem to let go of their things. Whether holding sentimental value, wow factor, or just an item one can’t seem to toss, people …

Cashing In on Solar Energy
Solar power is one of the newest up and coming renewable sources of energy. Retrieval plants are located throughout deserts and other sunny areas, and energy-conscious homeowners are putting up their own panels as well. But, many are finding an even better reason for starting their own solar energy rigs: they have the space. With large climate controlled buildings and roofs to spare, why not panel what’s already getting hours of sun every day? (Not to mention the energy, state, and federal subsidies/incentives that can come …

If you are looking for a solid performing self storage investment this Texas property is performing at an 8 CAP with a $192,000 Annual Net Operating Income.  This new self-storage facility was recently completed off Highway 351in Heritage Park in Abilene Texas. This is a single Phase project consisting of 368 storage units, 16 of those being Canopy for R.V. and boat storage. The asset meets all three of our core investment criteria: the property is well located, the property is multi-tenant, and the investment is a value added opportunity.
The mission of the …