Real Estate & Investment Property Made Easy online since 1996

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 …

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 …