A Fast Growing Real Estate Podcast!
April 18, 2024

447: 70% Operating Margins Make Self-Storage A Great Business

447: 70% Operating Margins Make Self-Storage A Great Business

Compared to most other Real Estate asset classes, Self-Storage has more resilience in the face of different economic climates. Self-Storage has a steadier revenue stream, a smaller percentage of operating expenses, and therefore greater margins and profitability. There’s also a shortage of self-storage facilities in smaller markets. Tom Dunkel, Managing Director of Belrose Storage, has acquired 14 Self-Storage facilities directly from sellers in the mid-Atlantic region and the Southeast, with big value-add components. Tom has consistently increased income and lowered expenses to achieve great returns for his investors.