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Updated almost 9 years ago, 01/29/2016
Self-Storage help
Hey everyone!
I am looking into purchasing a self-storage unit from my in-laws. They're in the golden years and don't want to deal with it anymore.
I was coming to the forums here because I need advice! :-)
The storage is an absolute mess! They have managed it very poorly, little to no upgrades or advertising has been done, but they still manage to bring in a decent amount of cash-flow.
What are somethings that can be done with storage to increase value, be able increase rent, etc...?
I don't have much info in the storage area of real estate so any help/advice would be beneficial.
Thanks everyone.