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?
I own 3 storage properties (2 in one state and the other in another state over 100 miles away)and work a full-time job about 100 miles in another direction; with all my travelling I sometimes feel like I get behind the 8-ball. That is where I was on my taxes when I contacted Jerry to prepare them. It is not a good practice to be at the last minute and needing to have your taxes prepared, but Jerry met the deadline with exceptional professionalism. I am located approximately 2,500 miles across the country from Jerry but that has been no hindrance in receiving timely exceptional customer service from him. In discussions with Jerry, he has had made suggestions that has helped me improve my operations. His knowledge of the self-storage industry incorporated into your accounting and tax-planning of your operations will prove to be invaluable. I believe he will provide you with the highest level of accounting service and tax planning and preparation for being an owner in the self-storage industry.
Donnie Christian
Bristol, Tennessee and Virginia

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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