Mini Storage Startup
Why start a business? Answer — self-employment and money. Getting into self storage can accomplish both. Here is a list of the positive attributes of getting into self storage whether you are motivated by making money or the idea of owning your own business.
Financial Investment Attributes of Self Storage
- Proven, stable, long-term, low-risk investment opportunity.
- More stable investment than the stock market.
- Gives you 100% control over your investment.
- Provides positive cash flow.
- Gives you a low risk investment to increase net worth and save for retirement.
- Offers an opportunity to simplify and improve your existing real estate investment portfolio.
- Provides passive income when taking advantage of passive losses.
Business Investment Attributes of Self Storage
- Prestige attached with owning your own business.
- Provides the opportunity for a positive career change.
- Requires minimal maintenance with fewer headaches.
- Offers an opportunity to start a side business and supplement income.
- Can take control of your career development.
- Work with a spouse or family member.