Short, focused interviews with successful business owners in a variety of different fields and niches. Learn what it has taken for others to start their business in their field and find out what type of business is the right one for you.
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Short, focused interviews with successful business owners in a variety of different fields and niches. Learn what it has taken for others to start their business in their field and find out what type of business is the right one for you.
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.
Business Shorts Podcast
Short, focused interviews with successful business owners in a variety of different fields and niches. Learn what it has taken for others to start their business in their field and find out what type of business is the right one for you.
