When you don't have enough space to store your belongings in your house or office, a storage unit is an option you look for. You can rent one or find storage units for sale. 10% of the American household rents storage units to store some of their possessions.
Shall you Google “storage units for sale near me” to make a smart investment or rent a unit? In this article, we will compare both options.
For How Long Do You Need the Unit?
If you are a family relocating to a new place, you need a storage unit for a few weeks or months. You need a self-storage unit to store furniture, electronics, kitchen appliances, old clothes and other belongings. If you want to store possessions like a piano, you can rent a climate-controlled unit. Rent a storage unit if you need it for 4 to 6 months. You will store your stuff, get keys and pay monthly rent. The rent of the unit depends on the size, facilities like climate-control and the renting period.
Nature of the business
If you are running a business and you need more storage space, you have to be careful while making this decision. Retail businesses need such storage facilities to store goods for months. In this case, you can rent a unit as this is a cost-effective solution. In businesses like construction business, storage requirements remain the same for years to come. You need to store building materials or machinery on a regular basis. Therefore, investing in storage units for sale is a good idea as you need storage space round the year.
Initial Budget
If you are a startup, you are least likely to have enough budget to invest in a self-storage unit. You need to channel your limited budget into projects. Renting a self-storage unit is an option that you can afford. You can store any type of good in the unit. It is a cost-effective solution. Think before looking for storage units for sale. Depending on your budget, you can invest in mini storage for sale. A large unit may leave a hole in your budget. So, do a cost-benefit analysis before a self-storage unit investment.
For a new business, renting a unit is the right option. However, you have to ensure timely rent payments. There are consequences of not paying rent on time. Don't expect them to wait for months. They will remove your belongings from the unit and rent it out. This is how they make money.
Type of Goods
You can store a plethora of goods in a storage unit. However, these goods do not include perishable goods and flammable items. You need special storage conditions for storing certain possessions. A piano is one such possession that requires a climate-controlled unit. Wood expands and contracts according to the temperature and moisture content. This is the reason why temperature and humidity levels should remain the same.
Similarly, storing valuable possessions like a car also requires special storage conditions. It must be a durable and tougher container. Such special units are expensive. Whether you are renting or buying, you need to pay more. If you need such facilities only for a few months, rent one. If for years, buy one.
Transportation
You can get a storage unit delivered if you have space. Consider the transportation cost as well if you are buying a unit away from your house or office. You may also need multiple storage units.
Whether you are buying or renting a unit, it should be easy to access. You should be able to drive your truck to the unit. In the end, work with the right people.