Don't let it get you down. You win some, you lose some. There is risk involved in investing. It's great that you are transparent and willing to talk about your so called "failures" with your audience. Although, there are no failures, only learning experiences.
Very insightful, Jonny. I'm curious about your thoughts regarding investing in car spaces. In my mind, it's the "stage 2" of the investment game after storage units. :D
I think selling the unit and pull out equity is a good choice. Probably I would have tried to rent it out without agency. Did you consider parking lot as an investment? I believe parking spaces in crowded cities perform well.
I definitely should have tried that, but living so far away it would have been a logistical nightmare (at the time I didn’t have a car). I’ve considered parking spaces as well but I don’t think the ROI is as high as with parking, though I’m sure the demand is probably much greater
Thanks Aimee!! Italy is coming out as a popular answer in the recent community call so will certainly be looking to produce some content on it. Stay tuned and thanks for watching! 😁
7k was the total cost, storage units typically cost between 7-20k depending on size, neighbourhood etc. Rent again depends on the size but can range from between 70-150 EUR a month
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What would you have done? Leave a comment and let me know!
Don't let it get you down. You win some, you lose some. There is risk involved in investing. It's great that you are transparent and willing to talk about your so called "failures" with your audience. Although, there are no failures, only learning experiences.
Thanks Tara!! Definitely agree that it’s a learning experience
Thank you for sharing not just your wins but even your losses.
@@filipvucemilovic thanks for watching!! There are always lessons and learnings from losses so absolutely worth sharing 😊
Your hard work shines through in every upload. Keep it consistent, and you'll be a TH-cam star in no time!
Wow bro i didnt expect the breakdown so soon, youre quick! Thanks for sharing
Thanks for watching bro!! 👊🏻
Very insightful, Jonny. I'm curious about your thoughts regarding investing in car spaces. In my mind, it's the "stage 2" of the investment game after storage units. :D
Thanks David!! Lot of requests to this, I think I have a topic for an upcoming video!
I think selling the unit and pull out equity is a good choice. Probably I would have tried to rent it out without agency. Did you consider parking lot as an investment? I believe parking spaces in crowded cities perform well.
I definitely should have tried that, but living so far away it would have been a logistical nightmare (at the time I didn’t have a car). I’ve considered parking spaces as well but I don’t think the ROI is as high as with parking, though I’m sure the demand is probably much greater
Hey love all your videos. Would you be able to give your review and opinions on moving from the uk to Italy? - real estate, visas etc! Thanks!!
Thanks Aimee!! Italy is coming out as a popular answer in the recent community call so will certainly be looking to produce some content on it. Stay tuned and thanks for watching! 😁
Is the 7000 the total cost of the place or down payment for mortgage. What is the average rent price for storage units
7k was the total cost, storage units typically cost between 7-20k depending on size, neighbourhood etc. Rent again depends on the size but can range from between 70-150 EUR a month
Did you find a buyer already?
@@irmelieija not yet actually! Still on the market and available!
Just another standard Spanish situation.