Forecasting economic trends, particularly in real estate, is risky business. However, not paying attention to economic trends such as interest rates, cap rates and overall real estate investor confidence is even riskier. I believe that self storage owners have made or lost more money because they are in the real estate business not the self storage business; even though your self storage business is an extremely reliable income stream.
VI 2011 – The Greatest Risks to Your Value and How to Overcome Them
- IX-2023: Pricing Discovery Amid Market Uncertainty
- VII-2023: The Rich get Richer!
- VI-2023: Preparing for Change in Uncertain Times