The Self Storage Investor’s Dilemma: TO BUY OR TO BUILD?

This is one of the most common questions I receive when I begin working with my clients.  Mostly because the common path presented in the industry is to build.  And although it’s profitable, it isn’t the only way to get into the business, and as I’ve outlined below, it is feasible to do both.  But first, let’s briefly compare the 2 paths: The Advantages of Buying versus BuildingThere are several advantages to buying rather than building a self-storage facility.  These advantages include:1.  Quick Entry    Quite simply, buying an existing facility will More >