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3 Different Uses for a Self-Storage Unit

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15th Mar 2021




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The global pandemic, stimulus funds, changes in the way we live and work, and more have led to a huge shift in the real estate market. Low-interest rates redefined long-term goals, and increased awareness of the digital global market has caused the real estate market in the United States to boom.

This has led to the increased demand for storage face and storage facilities as people move about the country to settle into new careers and lifestyles. If you are in a time of change or considering one, now might be a good time to learn about how you could use a self-storage unit for ways to use a self-storage unit; read on.

1. Real Estate Changes and Moves

Whether you're making a big move to take advantage of low rates, outrun inflation, or to be closer to family, it's important to think about the logistics of your move. Because the market is moving so quickly, it can help use a storage facility as a short-term solution to a bigger decision. With the pace of the market, many people are opting to sell now and wait to buy later. This leaves them looking for a place to store their things as they sign up for short-term rentals and leases or move temporarily into RVs. Hoping to outlast the pandemic, these homeowners have plans to come back for their things when the market slows and have more time for house shopping.

On top of the fact that many used furniture stores and recycling centers in the United States aren't taking donations due to the Covid-19 pandemic, many homeowners are using storage units to move their possessions out of the home for staging purposes in real estate.

If a self-storage unit might be for you, you'll want to look into self storage facility insurance. Like renter's insurance, this type of insurance will cover your belongings in the event of damage, theft, or other issues. A great way to give yourself peace of mind if your move is far away or your things will be in storage for an extended period of time, self-storage facility insurance can be affordable, too. 

2. Small Business Needs

The economy is moving in unconventional ways right now, too. Some small business owners opt to store their restaurant or other equipment in storage units until the pandemic is over. Unable to operate because of restrictions or social distancing rules, these business owners have big plans to reopen after the pandemic. Meanwhile, storage facilities give them an option that saves them on the commercial rent of spaces they can't currently use. 

Maybe you own a tech company but had to close your office down. Perhaps you have thousands of dollars of tech gadgets from GoWholeSale that you invested in two years ago. While you and a skeleton crew of employees may be working from home, it only makes sense that you'd want to protect your business property while your physical office is shut down. With storage unit insurance, you have the benefit of knowing your equipment is safe until it's time to reopen your office space. 

For other companies, storage units can be used to store overstock products. Some people working remotely are using storage facilities to house the items they are now selling online to the global market. This savvy cost-saving technique keeps them in business, and some are seeing profits well above where they were before the pandemic.

3. Career Changes

Maybe you're a real estate broker from Delaware chasing this new, fast-paced market. You may have taken advantage of the seller's market and sold your home so that you can work closer to Baltimore. Living in corporate housing until the market changes back to a buyer's market makes sense that you'd need a storage unit with a reputable storage company to wait out the next chapters ahead. 

At the end of the day, a self-storage unit can have many purposes. From temporarily holding products for a business to serving as a tool in a cross-country move, self-storage facilities help people make big changes in their life despite and as a result of the pandemic. If you're starting a new chapter, making a big move, or are just settling in, it's a good idea to think of ways a storage unit could help you—best of luck with your new beginning.