- What is StorageTrader?
- StorageTrader.com is a website where you can browse opportunities to invest in self-storage facilities.
- What is StorageTrader’s mission?
- We’re on a mission to uncomplicate passive investment in self-storage facilities.
- Is StorageTrader a broker-dealer?
- StorageTrader is not a registered broker-dealer, investment adviser, or crowdfunding portal.
- What are the benefits of using StorageTrader’s platform?
- StorageTrader uncomplicates investment in self-storage facilities. Traditionally, access to self-storage facility investments was difficult to find and investment required a high level of knowledge and expertise.
- How does StorageTrader make money?
- StorageTrader charges a flat fee to display an investment opportunity. The fee is only charged when the opportunity has been approved and is ready to be added to the platform. StorageTrader also charges an annual management fee on the investments made through the platform.
- Who can invest in these opportunities?
- Only accredited investors can invest on the StorageTrader platform.
- What is an accredited investor?
An accredited investor is a term used by the Securities and Exchange Commission (SEC) to describe individuals or entities that meet certain criteria and are eligible to invest in certain types of private securities offerings. In general, an accredited investor must meet one of the following criteria:
- Individual income: Have an individual income of over $200,000 per year, or a joint income of over $300,000 per year, in each of the last two years and expect to reasonably maintain the same level of income.
- Net worth: Have a net worth, excluding their primary residence, of over $1 million either individually or jointly with their spouse. It's important to note that the definition of an accredited investor is subject to change, and it's always a good idea to consult with a financial advisor or a securities attorney to determine if you meet the criteria and understand the risks involved in private investments.
- Are there fees to join?
- There is no fee to join, but there is an annual management fee for any investments made through the platform.
- Why would I want to invest in self-storage facilities?
- The self-storage industry has historically experienced consistent growth, providing opportunities for investment appreciation while generating recurring income through monthly rental fees, providing a reliable source of income for investors. Self-storage facilities are largely considered recession resistant and adding self-storage investments to a portfolio can help diversify and balance an investment portfolio.
- How do you choose the facilities that are on the site?
- Self-storage facility owners submit their investment opportunities to StorageTrader. StorageTrader reviews each submission and those that pass our rigorous screening process are added to the platform.
- Are there risks to investing?
- Yes, investing always involves risk.
- Are there minimum investments?
- Yes, the deal sponsor will stipulate the minimum investment for each project.
- What are the benefits of using StorageTrader’s platform for me as a storage owner?
- StorageTrader connects you with potential investors who are looking specifically for self-storage investments. Using the StorageTrader platform can significantly reduce the time you personally invest in raising capital for your project and in managing the investors for the life of the investment.
- Can I use this platform to raise capital for a purchase?
- Yes.
- Can I use this platform to raise capital for a construction project?
- Yes.
- Is there a fee to use the StorageTrader platform?
- Yes, we charge a non-refundable flat fee for posting your project on the StorageTrader platform. This fee is assessed only after your project has been reviewed and approved by the StorageTrader team. We perform due diligence before opportunities are posted to confirm that the appropriate documentation is made available for investors to review.
- How long will it take for StorageTrader to decide whether or not to list my offering?
- StorageTrader applies a rigorous review process to all investment opportunities submitted for consideration. This process takes a minimum of 7 business days.
- If my offering is accepted and added to the platform, am I guaranteed to be funded?
- There is no guarantee that your project will be funded.
- Can a broker or real estate agent place their listing on StorageTrader?
- No, not at this time. Only facility owners are able to submit their investment opportunity for consideration.