Episode 7: Self Storage Investing with Alia Ott

Today we are joined by Alia Ott, an investor out of the West Coast, in a real estate niche we at the Business Shorts Podcast have always been curious about - self storage.  Alia is really passionate about teaching others how to invest and work towards financial freedom, and her company, Investors In Action, has been able to guide a lot of people investing in this niche.  It's time to learn more about this unique niche in the real investing world.

 

In this episode, you will learn about:

• What makes self storage units so attractive
• Typical cap rates currently found in the self storage industry
• What types of down payments you may expect for self storage facilities
• In what cases banks will offer financing
• Best places to search for high potential self storage units
• Biggest risks in the business
• Why pricing your units correctly is extremely important
• Best advice: Get educated! Learn as much as you can to give yourself an advantage.
• Best resource: selfstorage.org; insideselfstorage.com

 

Find more about Alia and her business at her website.