Maybe charge for storage.

Hey Everybody,Question here about what to do in the situation where a garage space had been rented to an individual for storage, no lease, not a commercial garage just residential, hand shake agreement.

By picking a single strategy (ex. small multi-family, single family, apartments, self-storage, mobile homes, etc.) you can concentrate your time and resources on mastering that strategy to maximize the ROI you can get.

Washer and dryer inclusion may get you an extra $25-$50 a month, but you'd have to check what your competitors are offering as many apartments offer in-home and/or on-site laundry.You can also consider LED lighting, pet rent, storage rental as other ways to add value and increase rental income.

Can you BRRRR a Self Storage Facility?  

Recently was looking over the documents to see if we could add a storage shed anywhere on the property. 

Google Drive or Dropbox are some of the free cloud storage and can easily be shared with your accountant if needed whenever and whereever.

Although I would love to try house hacking, it’s just not doable for us at this time.We are also very interested in commercial investments and possibly boat and rv storage down the road, but the focus now is just getting going.With that being said, I’m not sure we have the ability right now to take complete charge over an entire rehab project.

I’m a newbie in the self storage business and I’ve managed to negotiate a deal that includes seller financing.

Good Afternoon BP,I'm looking into building storage units in the basement of a 10 unit multi-family I own/manage and wanted to hear if anyone has done this and would be open to sharing some advice.