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SELF STORAGE: A BIG INVESTING OPPORTUNITY IN EUROPE! 💸 How to invest in storage units 

Millennials With Money
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Self storage rentals are in high demand across Europe due to the renting crisis in big cities, and getting started is quite easy for the average investor! In this video I share my experience with my two storage units in Spain, how to decide where invest, and the pros and cons of self storage investing.
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Mentioned in this video:
🔹 My 1st unit: • I BOUGHT A STORAGE UNI...
🔹 My 2nd unit: • SELF-STORAGE FACILITY ...
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Chapters:
0:00 - Intro
0:42 - Why is self-storage growing in popularity?
2:09 - Reasons to invest in self-storage
3:14 - My first unit, hitting the jackpot!
3:58 - Challenges
5:11 - My second unit, a huge disappointment
7:14 - My top tips
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Check out my Digital Store Products:
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About me:
Welcome to Millennials With Money!
My name is Jonny, I'm a financial analyst from the UK, currently living and working in Spain.
I created this channel to help and inspire young people to improve their financial situation and live life to the full by sharing my own experiences with money and living abroad.
I upload content on a weekly basis about personal finance, how to invest your money, tips to help you save more money, real estate and property, and travel and living overseas.
Everybody is welcome in the Millennials With Money community! Let's get this money!!!
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Music by Epidemic Sounds: share.epidemicsound.com/o6n1px
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#selfstorage
#selfstorageinvesting
#property
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DISCLAIMER: The opinions and views shared on this channel are for entertainment and educational purposes only and are not to be taken as financial advice. Always conduct your own research prior to making any financial decision. Millennials With Money cannot be held responsible for any financial loss incurred from any decisions you make following this video.

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5 авг 2024

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Комментарии : 14   
@MillennialsWithMoney
@MillennialsWithMoney 5 месяцев назад
Would you consider investing in self-storage? Leave a comment and let me know!
@valentinoarcieri9495
@valentinoarcieri9495 5 месяцев назад
Nice video man ! Hopefully you will rent your 2nd unit really soon🙏🏻Spain’s economy is based on patience
@MillennialsWithMoney
@MillennialsWithMoney 5 месяцев назад
Thanks Valentino!! Really hoping so haha 😬
@YoungRafoo
@YoungRafoo 5 месяцев назад
Thank you for the transparency!
@MillennialsWithMoney
@MillennialsWithMoney 5 месяцев назад
Always man!
@danield4279
@danield4279 5 месяцев назад
Hey man, great info! I still dont know how your channel hasn't blow up yet. Btw, whats your opinion on parking spots in Spain? Are they more or less as profitable as storage units?.
@MillennialsWithMoney
@MillennialsWithMoney 5 месяцев назад
Thanks Daniel, very kind of you!! I believe parking spots are also in very high demand, especially in the big cities where it is scarce and challenging to find somewhere regularly. However I think the average cost of a parking space is perhaps a bit higher than the average storage unit so the ROI is perhaps slightly less. Maybe one to investigate in more detail and do a video on actually, though the two are quite similar in nature all things considered 😊
@danield4279
@danield4279 5 месяцев назад
@@MillennialsWithMoney thanks for the input, a video about it would be interesting :)
@Metro6am
@Metro6am 5 месяцев назад
Sounds like it might have been easier to just invest in a REIT..
@MillennialsWithMoney
@MillennialsWithMoney 5 месяцев назад
Probably right, unless buying multiple and trying to scale, it’s a lot of work for a small ROI in nominal terms
@Metro6am
@Metro6am 5 месяцев назад
​@@MillennialsWithMoney 4-5% hands off, 8-10% hands on seems to be about right. I think I would want to be closer to 10% on something with potential long voids/costs.
@autumnwebb3995
@autumnwebb3995 5 месяцев назад
I’m interested and have capital. I would love to know more about self storage investing in Europe.
@MillennialsWithMoney
@MillennialsWithMoney 5 месяцев назад
Thanks for watching Autumn!! Hope this was a nice intro to the topic and will consider making more content on this!
@melvinjourney6387
@melvinjourney6387 4 месяца назад
*Promo SM* 🙋
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