The 1st Rule of Thumb – What kind of markets are you looking for?
Friday, December 23
You can find the perfect property over and over again, but if the market is oversaturated or if the community is declining, these may not be the perfect markets for a self-storage property. You want to make sure that not only does the property fit your criteria, but that it will be profitable. ...
The First Rule of Finding a Self-Storage Property includes Conversions
Wednesday, December 21
The perfect self-storage property may actually currently be a warehouse, or an abandoned bowling alley or even an old supermarket. There are a lot of properties out there that have the potential to become self-storage. Your job is to go out there and find these properties and turn them into sel...
The 1st Rule of Finding Self-Storage Includes Small Business Websites!
Monday, December 19
While you are out exploring the internet, one of the places that you want to make sure that you actively search is small business websites. These websites often have gold in them if you look hard enough. Many small self-storage facility owners consider themselves to be a small business. Because...
The First Rule of Finding a Self-Storage Property Includes Networking!
Friday, December 16
The best way to find self-storage properties is to open your mouth. You need to talk to everyone you meet about self-storage. If everyone that you know is aware that you are looking for self-storage, they will be more likely to pass that information on to you. If they have no idea that you are ...
What Are the Minimum Criteria For a Self-Storage Property?
Wednesday, December 14
Before you waste time researching a property, you need to make sure that the property meets a few criteria. You need to make sure that the property has an upside potential, you need to make sure that it is a minimum of 3 acres, and you need to make sure that it has a minimum of 50,000 square fee...
The First Rule of Thumb – Finding Properties – Realtor Dialogs
Monday, December 12
When you talk to a Realtor, there are going to be some questions that you want to ask the agent and that the agent is going to ask you. If you have practiced some variation of those questions, you will come across more professional. How long have you been in Real Estate? – You want to find someo...