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Picture of Entering the Self-Storage Market: Should You Buy an Existing Facility or Build One?

Entering the Self-Storage Market: Should You Buy an Existing Facility or Build One?


Examine the pros and cons, important considerations to make, best practices to follow and pitfalls to avoid when determining if you should buy an existing self-storage facility or build a new one.
$20.00

 
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Speaker: Bob Copper, Owner and Partner in Charge, Self Storage 101
Format: Streaming Video
Duration: 47 minutes

Entering the Self-Storage Market: Should You Buy an Existing Facility or Build One?
New investors and owners to the self-storage industry often wonder if it’s best to buy an existing facility or build a new one. There’s no one-size-fits-all answer, but our presenter will explore both options to provide an understanding of what each entails. He’ll discuss the pros and cons, important considerations to make, best practices to follow and pitfalls to avoid. You’ll learn:

  • Important distinctions between buying and building
  • The pros and cons of each investment method
  • Key considerations for acquisitions and construction
  • Best practices to follow
  • How to avoid costly mistakes

This product is also available in DVD format, both as a single and as part of the following discount packages: