Self-storage is a business that tends to have 30-40% profit margins—and is growing rapidly thanks to Gen Z that rents more than any previous generation.
In 2023, Matt Engfer was at back-to-back lien auctions in Texas. At auctions like this, bidders buy abandoned units with no idea what’s inside, gambling on mysteries.
So, the opening of a unit can get dramatic. The lock comes off, the door curls up, … [4201 chars]
Source: Fortune | Published: 2026-01-22T15:35:53Z
Credit: Fortune
