What Is Self-Storage And Why Is It A Good Investment?


A self-storage is basically a storage unit that is given out on rent, mostly for a short period of time. Self-storage is also known as self-service storage and device storage. The storage unit can range from a room to a container to a locker to an outdoor space. The rent is usually due on a monthly basis. This concept of self-storage is primarily popular in the United States and currently, there are close to 52,000 storage units spread across the United States.

Why do people rent self-storage?

Self Storage
Self Storage
There are a number of reasons why people opt for these self-storage units.
  • It can be either due to the death of a family member whose possessions have to be stored.
  • If someone is planning to downsize, they can opt to store the items that they do not need in the storage unit and decide later on what to do with them.
  • Relocation is another major reason why people rent out these storage units. When people relocate to another place, they tend to store some of the things that they cannot carry with them to their new location.
The primary idea behind people opting for self-storage is to temporarily store their possessions in a safe and secure place until they can decide on whether they want to keep those things or dispose of them. For people who looking for extra space, self-storage is the perfect option. It is a great way to store the items that you do not currently need but may require in the future.

Why should you invest in Self-Storage?

Below are five important reasons why self-storage is a good investment.

Self Storage
Self Storage
  • Security – A self-storage facility is much more secure than your home. Most of these self-storage facilities have top-of-the-class security measures along with 24/7 surveillance and door alarms. All this makes it possible for a tenant to even store their valuable items.
  • Storage of Valuable Items – A lot of families have the tradition of passing down valuable items such as family heirlooms to the next generation. Keeping these valuables at home is a risky business and there are also chances of misplacing them while relocating. Storing these valuables in a proper manner in a storage unit will keep them safe.
  • Increase Space – Opting for self-storage will give you the chance to increase space in your home. Over a period of time, we tend to accumulate a lot of things and often run out of space to store them. For example, there may be a lot of stuff which might be seasonal in nature. A self-storage unit can help you store such items during the off-season, thus, creating more space within your home. You can store all your heavy woolen blankets in a storage unit close to your home and take them out only when they are needed during the winters.
  • Short-term Commitment – It is highly unlikely that you will stay in the same place throughout your life. Whether you are moving within the same city or outside the state, self-storage units are perfect as you rent them on a monthly basis. This means that you are not bound in any long-term commitment. You can withdraw the services as and when you require.
  • Peace of Mind – One of the best reasons why one should invest in self-storage is to gain peace of mind. Unnecessary clutter in the house leads to undue stress. Having valuables at home and a lot of extra things can make it difficult for you to relax. Self-storage can help you in gaining the much-needed peace of mind.If you have plans to de-clutter and organize your home, investing in self-storage is a good idea. 

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26 comments

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  15. UnknownOctober 3, 2021 at 2:39 AM

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  22. Maggie.April 15, 2022 at 3:33 AM

    Self-storage is a great idea, as you've mentioned, for people who prepare for a relocation. I've been debating what to do with the items that won't fit in my new space and decided on such an option. Many people may wonder why storage can help when moving house when you can just donate or sell your belongings but what if I'm so attached that I cannot let go of them? A golden pro-tip for people like me!

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