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.
Episodes
Tuesday Aug 15, 2017
Tuesday Aug 15, 2017
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.
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