drbubb Posted June 13, 2019 Report Share Posted June 13, 2019 Self-Storage Real Estate PSA/ Public Storage is the largest, with a 7% Market Share ... All-Data: 5yr : 1yr : 10d If you’ve been excited about real estate investing but unable to find well-priced assets, then I invite you to join the club. You’re not alone. This is typically the case if you’ve been looking for multifamily assets of any size. Or single family homes to flip. Or homes to build a single family portfolio. It’s been tough out there, and it’s not just limited to you Californians—or New Yorkers, Jerseyites, Texans, Floridians, or Las Vegans. It’s no longer limited to large and popular cities or newer, stabilized assets. It’s tough all over and there are many reasons for this. I’ve discussed a number of reasons that multifamily is overheated on this blog. Many of the same issues apply to single family homes and other popular asset classes. After years of banging our heads against the wall, my company decided to do something about it. We decided to look outside multifamily to alternative asset classes. Assets that aren’t as cool or exciting. Assets that are, well, quite boring. We began to explore self-storage and mobile home parks. And what we found was anything but boring. When we studied alternative assets, we learned that the profile of the current owners—the sellers—was a critical factor in achieving substantial profitability. I’m going to spend the rest of this post discussing self-storage and touching on mobile home parks—assets within my realm of experience. But what I’m saying may apply to other asset classes, too, like land, garages, parking lots, and more. Source: > Bigger Pockets: https://www.biggerpockets.com/blog/real-estate-best-investment-overheated-asset-classes?utm_source=newsletter Link to comment Share on other sites More sharing options...
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