By Ed Clement
Self-storage requires less initial capital.
Self-storage is one of the easiest forms of real estate investment to get started in. That’s partly due to the fact that self-storage units typically require much less initial capital than other options.
When it comes to conventional business loans, you may be able to get a down payment for a self-storage facility for as low as 25% to 30%. Small Business Association loans can get you an even better deal, with down payments reaching as low as 10%-15%.
So, if you don’t have a large sum of money to work with, investing in self-storage is one of the best ways you can watch the capital that you do have to grow quickly–especially thanks to the incredibly high success rate of self-storage 92%.
The Storage Authority team is excited to guide you on your journey to becoming self-storage owners.
Contact me today for additional information and see if self-storage is Your Vehicle to Wealth.
Ed Clement is a franchise director at Storage Authority. One of his passions and responsibilities is helping franchisees find land by sharing how to find land both online and offline. Ed has a strong background in real estate, investment banking and management consulting. He is available at Ed@StorageAuthority.com or 727 946 0745 to answer your questions and share the Storage Authority Franchise opportunity and advantages with you.