FUNDAMENTALS
STORAGE
of Investing in Self-Storage 10 Benefits
YOU CAN STORE MORE REWARD WITH THIS ASSET CLASS
By Fernando Angelucci and StevenWear
t is hard to get real estate investors to agree on most things. Commonly iterated statements like, “cash is king” and “buy when others are scared” will be met with detractors and contesting anecdotes. One thing that all real estate investors can agree upon is that the market goes through cycles. Length, timing, and cause are all up for debate, but the fact remains that the market goes I
up and the market goes down. Acknowledging the existence of market cycles while pursuing investing in income-producing or equity-growing ventures is the high-wire act of real estate investors. We all look to lower the wire closer to the ground, reducing exposure to the negative effects of market cycles, in a myriad of ways: by diversifying across different ventures, specializing in recession-resilient
assets, or timing the market to only deploy capital in certain conditions. This is what led our firm to self-storage. With eyes toward the next turn in the market, we sold most of our residential and multifamily commercial holdings in 2018. We fully committed to the gospel of self-storage, although it was not a decision we took lightly.
52 | think realty magazine :: june 2020
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