Compared to most other asset classes, Self-Storage has more resilience across different economic cycles. Self-Storage has a steadier revenue stream and low operating expense ratios that produce 70% margins. Additionally, over the last two years, very few people have moved, thereby suppressing the demand for self-storage. As a result, 12 month trailing Net Operating Incomes have suffered, and prices have come down accordingly. There’s also a shortage of self-storage facilities in many secondary and tertiary markets. Joe Downs, Co-founder of Belrose Storage, has acquired 18 Self-Storage facilities directly from sellers in the mid-Atlantic region and the Southeast, with big value-add components. Joe has consistently increased income and lowered expenses to achieve great returns for his investors.