Self Storage- New Investor Financing 2
Tuesday, January 19
At Bottom- Added both a financial Cost estimate/cash flow/layout worksheet and a Self Storage checklist 101 spreadsheet. If you need on Excel, have to colleague, since I can't send Excel files. Not all of the info shows on this paste. New investor asked about max house refi to invest in Storag...
Self Storage- New Investor Financing
Monday, January 18
New investor asked about max house refi to invest in Storage and holding excess cash. Depends on the numbers and your objectives (do you plan to make another investment or move homes)? Change the numbers as you see fit.Example A, Refi House:Storage Build all in, $500,000Home/land is $600,000Exist...
Self Storage- Market Cycle
Sunday, January 17
Follow up to an individual who was trying to decide to invest or not in the Storage unit business through a Storage Syndication company.I'm going to go with you are in Philadelphia proper. Take all of the info above which is good, and apply it as follows. Your going to get "dirty" and get into th...
Self Storage- Gates, Chains, Locks
Friday, January 15
Just ordered our entrance gate yesterday. Will give you a run down on gate systems we use. We are in a blizzard so hey, got time. Over all our road ways are 25 foot wide. Use a 20 foot (drivable space) gate, the actual gate may be 30 foot long for offsetting weight and to stay on the rollers. You...
Self Storage- Crime Management
Tuesday, January 12
Response to a persons question on Crime management at Self Storage My Brother wrote the Nuclear, Biological and Chemical warfare manuals for all North American Air Force and Army bases. One California Fire Season he was in charge of the overall operations. When the bridges in Minneapolis fell int...
Self Storage- Standing Seam or Screw Down Roof?
Monday, January 11
Standing Seam Roofs Our latest location we decided to do Standing Seam roofs, versus screw down. Costs a little more, but will last longer (30 to 50 years) with less leaks and need for future (15 to 25 years) checking on loose screws.Now I did not and am not giving a definitive answer on which is...