The self storage industry is going through a significant shift. A few years ago, sellers were in complete control—asking wild prices and still landing buyers willing to overpay for facilities that weren’t worth it. Fast forward to today, the stock market has crashed, a recession looks likely, and those same sellers aren’t as confident. This is good news for you, a self storage buyer, because the deals are coming back with big discounts.

Today, we’re giving a self storage market update, plus sharing the steps self storage investing beginners should take to separate the “signals” that lead you to wealth from the “noise” that puts you in hot water. We’ve been through this exact scenario multiple times, 2008 and 2020. Both times, the markets had crashed, and people were begging us not to buy. But we ignored the “noise”—and benefited handsomely.

The current shift affecting the self storage industry could get even more intense. New development could drop off a cliff, and that has enormous effects on self storage owners. Is your demand going to rise or fall? What’s the best way to make more money in a time like this? And why would a recession turn out to be good for storage?

What you’ll learn in today’s show:

May 2025 self storage industry update and why market crashes/recessions could benefit storage
Everything a beginner should look for if buying their first facility in 2025
How to tell the economic “signals” from the “noise” and which to pay attention to
The incoming development drop-off that has massive effects for self storage investors and operators
Local trends that could kill your facility’s demand (and the data to check before you buy)

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The Bubble has Popped - Self Storage Market Update | SSI Podcast #203 https://youtu.be/4hci2laBTGk?si=X7r3NEmRwxFgNgNj

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295. May 2025 Self Storage Update: Markets Crash, Storage Deals Get Even Better