Self Storage- What's the best Metric- COC, Cap Rate, Payback
Tuesday, September 01
Was on another post and the question was asked, "What is a good COC for B and C self storage." The following discussion relates just to drive up B/C self storage locations. More than 80% of these are owned by Mom/Pop. Realized, I didn't have a clue, since I don't use COC or cap rate to evaluate...
Self Storage- Deal 4, Don't get greedy or Always make an Offer
Monday, August 31
Deal 4 Clarkstoragellc- Start Small and make your big mistakes Early.Deal breakers- market, finance, zoning, footings, road type, water/sewer availability, Storm sewers, Storm retention ponds. Everything else you can mess up and not get too hammered.Some of these stories will be ambiguous becaus...
Self Storage- Deal 3, Thought I saw you a year ago
Friday, August 28
Deal 3 Start Small and make your big mistakes Early. ClarkstorageLLCDeal breakers- market, finance, zoning, footings, road type, water/sewer availability, Storm sewers, Storm retention ponds. Everything else you can mess up and not get to hammered.Some of these stories will be ambiguous because t...
Self Storage- Why Storage? Why you?
Wednesday, August 26
Self Storage investors. Keep up the effort and put your foot on the gas, right now. Right now is the best time to invest in self storage, I am not a financial advisor, just in the game of Storage. There are three investor groups in the Storage business right now: REITS or large regionals- I'...
Self Storage- Deal 2, Last location and still learning
Wednesday, August 26
Start Small and make your big mistakes Early.Deal breakers- market, finance, zoning, footings, road type, water/sewer availability, Storm sewers, Storm retention ponds, don't over analyze and don't get to greedy. Everything else you can mess up and not get to hammered.Some of these stories will b...
Self Storage- Deal, Croatia Style or No Money Down
Monday, August 24
NO MONEY DOWN Working with a young gentleman in Zagreb, Croatia who was seeking advice to get into the Storage business. Was mowing the next day and thinking about a business I have in Belize (higher interest rates) and also the fact this person probably didn’t have much capital. The amount of...