Here's why:
This is property you own.
Real estate is often a safe investment
that will increase in value over time
Storage units have a proven track record
as a stable investment during economic downturns
Passive Income: your unit can be leased to others.
(subject to minimum term and tenant approval)
No more monthly rental payments
no more yearly rent increases, or contract renewals
Flexible uses that most rental units do not offer
or allow
Maximize tax benefits
Owning a Unit with Paddock1 could allow you to maximize tax benefits (consult with a tax professional)
Expenses for improvements can increase the value
of your unit and be recaptured at the time of sale
Asset on personal financial statement
Owning a Paddock1 premium garage condo is a asset on your personal financial statement