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Updated about 5 years ago on . Most recent reply

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492
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386
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Raul R.
  • Rental Property Investor
  • New York City, NY
386
Votes |
492
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Self Storage Disruptor

Raul R.
  • Rental Property Investor
  • New York City, NY
Posted

Just read this article, didn’t even know company existed very interested concept not sure how I would feel storing my stuff in a random “neighbor” closet or garage but I can see some people doing it..

If this catches on and zoning allows i wonder if investors would purchase SFH or small commercial properties and turn them into self storage properties?

I would call it “Storage Hacking” remove some walls add a bunch of cages just for storage..

Neighbor is out to disrupt self-storage: It's like Airbnb for your stuff https://www.cnbc.com/2019/08/20/neighborcom-is-out-to-disrupt-self-storage-its-like-airbnb-for-stuff.html?__source=iosappshare%7Ccom.apple.UIKit.activity.CopyToPasteboard

Most Popular Reply

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13,015
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Mike Dymski
Pro Member
#5 Investor Mindset Contributor
  • Investor
  • Greenville, SC
13,015
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4,908
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Mike Dymski
Pro Member
#5 Investor Mindset Contributor
  • Investor
  • Greenville, SC
Replied

If you want to disrupt SS, you need psychologists to solve the challenges of excess consumption and endowment effect (divestiture aversion).  People can't leave the house without transacting...and they certainly don't have room for other peoples worthless stuff because they need to keep their own worthless stuff.

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