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Storing Up Profits: Capitalize on America's Obsession with STUFF by Investing in Self-Storage
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About Storing Up Profits: Capitalize On America's
Product Description Are you tired of overpaying for single and multifamily properties in an overheated market? Investing in self-storage is an overlooked alternative that can accelerate your income and compound your wealth! With the popularity of real estate investing causing an unprecedented stampede to the housing market, smart investors are now turning to self-storage. There are more than 54,000 self-storage facilities in the United States―equivalent to the total number of Starbucks, McDonald’s, and Subway restaurants combined―and a large percentage of these can be profitably upgraded to operate or sell. In this comprehensive overview, self-storage fund manager Paul Moore will teach you how to profitably acquire, operate, and sell storage unit facilities of all sizes. Get in front of your competition while you can―and build a multigenerational income machine! Inside you'll learn: How to make the jump from residential or multifamily investing to commercial self-storage The little-known strategy used by operators to generate over 40 percent annual returns Ten surprising tax benefits for commercial self-storage investors―and why many investors pay zero taxes How to locate a mom-and-pop self-storage asset in the path of growth How to succeed in self-storage without quitting your day job or abandoning your retirement Four powerful strategies to build a self-storage empire And much more! About the Author Paul Moore is the founder and managing partner of Wellings Capital, a company that vets and invests in large-scale commercial real estate projects, including self-storage syndications. In the real estate sector, Paul has been investing for more than twenty years―he has completed more than one-hundred real estate investments and exits, appeared on an HGTV special, developed a waterfront subdivision, built and managed a large multifamily property, and launched a successful online real estate marketing firm. Paul co-hosted How to Lose Money, a wealth-building podcast, contributes to BiggerPockets.com and Fox Business, and is a two-time Finalist for Michigan Entrepreneur of the Year.
