Self Storage- Building a New location
Tuesday, December 22
Day in the life- Constructing a New Facility location 23 June 2020, 08:39 We are starting our 8th and final storage location. I will try to give an update as we go through construction. Although this will be instructional, you will probably also get to see the "thinking" and "concerns" about the...
Self Storage Rewards- Belize Adventure
Thursday, November 05
Will take you through our Belize adventure ( its an investment, but not really) over the last 2 years and get you up to date. Will do in segments, so I might get somethings out of date sequence. This will be the good, bad and ugly. If you have a question, ask, but the answer will probably be j...
Self Storage- First auction since Covid
Saturday, October 10
Held our first auctions since Covid started. Haven't held an auction since February. Had 4 units out of about 860 total rentals. Only had one person we know moved out due to covid because one of them lost their job. Since we are full at all of our locations, any habitual lates we are having move ...
Self Storage- Deal 9, one week away from $153,000 more per year.
Friday, October 02
Just checking the internet and I ran across a thread I responded to below, trying to help them out. On the flip side, this would be a great deal. All of the "Work" is done; this is a Marketing play. Several states away, but what a great location to go to summer or winter. @?????????, on your b...
Self Storage- Deal 10; Look at Home first and Wealth creation
Tuesday, September 29
Was asked by a person to look at two different Self Storage properties about 2 hours away from them as their first time investment. Wasn't to excited, since I would prefer they look close to their home, so they could manage and learn the business versus using a management company. Took a look a...
Self Storage Deal 8- Hoss Cartwright, the Ponderosa rides again
Friday, September 25
Start Small and make your big mistakes Early. Deal breakers- market, finance, zoning, footings, road type, water/sewer availability, Storm sewers, Storm retention ponds, over Analyzing, too Greedy. Everything else you can mess up and not get too hammered. We ended up buying two, two acre parcels ...