by Drew Case
Storage Authority Franchise
The stock market is loaded with a variety of options. Owning self-Storage is stacked with one major option and it's a stalwart. Do it right and you will pave your path to retirement. Retirement costs are ever-increasing so you will want a plan that is steady, strong and scalable. Well, your unit rates can also increase with the economy and demand. Self-storage is the gift that keeps on giving and also appreciates in value. Regular customers create a regular income with minimal issues.
Most people will never own a self-storage facility. Many will have an IRA or several, 401K, or will have bought and sold stocks at some point. All of those are good ideas and require little to start. Self-storage requires solid start up, however the rewards are massive, on-going and somewhat recession proof. Investment advisors/leaders often suggest to diversify and self-storage is an outstanding option to do so. There are multiple ways to own a self-storage and franchising is one of them. Franchising in self-storage helps you avoid the "land mines", reduce the overall costs and time to complete when you have an experienced team on your side.
The stock market is full of ups and downs and will continue to fluctuate. Nobody can really predict the future on the stock market, but self-storage is much more stable. Self-storage just does not have the "downs" like you see in the stock market. When the economy is great, people need storage. When the economy is down and people are moving back home, they need storage. 2024 is an election year and many investors and it is predicted that many people will be scared and begin placing money into more conservative investments and cause the market to drop a bit. Avoid the roller coaster and the stress and invest in self-storage.
Many people have wished they built five, 10, 15 years ago and we are coming into a time where people will be rushing to build again. Many have postponed due to the cost of metal and finance rates. Build now and have your facility built before the next big rush. You can refinance when the time is right. In the meantime, you will be occupying your facility and reaching stabilization . Don't be the one that should have, be the one that did!
Storage Authority Franchising is all about owning your own local self-storage business, supported by professional systems and expertise. Reach out to Drew Case at Direct: 513-582-0125 or Drew@StorageAuthority.com to learn more about the Storage Authority Franchise opportunity. Also, check out more blogs at www.StorageAuthorityFranchise.com.
Comments