Motivational Monday – Just Keep Trying
Monday, December 06
Optimism is the most important human trait because it allows us to evolve our ideas, to improve our situation, and to hope for a better tomorrow. — Seth Godin Making offers over and over again can get discouraging. However, you can choose to lose hope and give up or you can choose to keep going. ...
Making an Offer – The Due Diligence Clause
Friday, December 03
Any time you put in an offer, you want to have an escape clause, a way to get out of the contract without any, or very little, penalty. This allows you to get a property under contract quickly and then do the necessary research to see if you actually want the property. When you initially look at...
Determining Self-Storage Equilibrium in Rural Areas
Wednesday, December 01
The National Supply Index Range is between 6.5 and 7.5 sq. ft. per person, but it can vary depending on individual market conditions and other variables. When you are evaluating rural areas for self-storage, the question isn’t what number should I use, the question is what methodology should I us...
Motivational Monday – Consistency Leads to Great Achievements
Monday, November 29
Small disciplines repeated with consistency everyday lead to great achievements gained slowly over time – John Maxwell What are you doing today? It’s Monday, you should have your entire week already planned. You should know when you are going to be calling other self-storage owners. You should kn...
4 Things to Consider Before Making an Offer on a Self-Storage Property
Friday, November 26
When you are looking at a property, there are a few things that you want to check immediately. If the property doesn’t meet your criteria on these four things, then you may want to pass on the property. However, if the self-storage property looks good in these four areas, then you should consider...
Where do I find Self-storage partners?
Wednesday, November 24
You have been looking for properties for a while and you found it. You spoke to the lender, and you need more of a down payment than you currently have or maybe you can’t qualify on your own, so you need a partner. It just takes one partner to jump you up to the next level of investing in self-s...