Jerry Jones CPA
Wouldn’t it be nice to have a CPA that you deal directly with, that knows the Self Storage business, that works in all 50 states and is there for you when you need him?
In addition to being the best tax advisor I have had the pleasure of working with, Jerry is first and foremost a wonderful person. Building my first storage facility and being a rookie to the industry, I was nervous on what I could expect in my first year of development. With all of the ups and downs of this first year all I can say is I had absolutely no worries when it came to the the most important part of our business - the numbers. Jerry Jones took the time to answer every question or concern we had when going though this process. If you are in the storage business give yourself a leg up and apply Jerry’s experience and expertise of this expanding and ever changing industry. You will be thankful you did.
Bill Pederson
Lock it and Leave it storage

DUE DILIGENCE

Buying It Right

By Tom Litton

Self-storage is a wonderful investment. The rents are comparable to rents found in apartment ownership, yet the hassles of management are far fewer. Self-storage has become the darling of the real estate investment world; not only has it matured, it finally is understood by lenders and Wall Street. The industry has abandoned its humble beginnings as a backwater industry and is now sought after by sophisticated investors who are determined to milk the cash cow.

For many years, few self-storage facilities were for sale because so many owners were happy with their investments. During the "savings and loan"crisis, some facilities were sold and fortunes were made by astute investors as properties were acquired for a fraction of their true values. Today, owners sell self-storage facilities for a myriad of reasons; some see impending doom in oversaturated markets, others simply want to liquidate their properties while the market is at a peak.

 To download entire article click here.

 

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