Self storage is a rapidly growing industry that provides a valuable service to both individuals and businesses. It offers a secure and convenient place to store belongings that are not needed on a regular basis, such as seasonal items, furniture, and business records.
There are many ways to make money in self storage. One option is to own and operate your own storage facility. This can be a lucrative business, but it requires a significant investment of time and money. Another option is to invest in a self storage REIT (real estate investment trust). This is a less risky way to invest in the industry, but the potential returns are also lower.