@Robert Leonard , sorry, but most of my stuff is in boxes in storage.

Residential Assisted Living (RAL) is taking off NOW.Self-Storage has and continues to grow, a side effect of more people renting multifamily rather than buying homes.Multifamily value-add continues to soar due to demand also by millenials and empty-nesters seeking less work on the house and more flexibility to spend money on travel and exeriences rather than stuff that chains them down. for us RE "investors" it's the ticket to syndication, scalability and leverage.New multifamily buildings with modern concepts with mixed-use living (offices/co-working spaces, fooderies, mixed age and walking distance living with innovative rentable electric scooters, bikes, car chargers, and light rails) all in one beautifully assembled arrangement is what attracts 12000!

Right now, it's sort of up in the air as to how long a landlord must hold the tenant's possessions, and we must serve notice to the tenant and store items until the tenant replies or a "reasonable" (open to interpretation) amount of time has passed, which leaves landlords stuck with either a vacant property storing past tenant's possessions or a bill for a storage unit.6.

Mine runs about 2500sq ft plus an office, a cement paved lot & storage shed.

But not a bad rate..If he doesn't want to drop pre-payments and you really want the financing (and you plan on holding), try to negotiate a declining prepayment penalty for the first few years when you expect it will have no impact on you.If he's trying to invest money 30 years at 6% secured by real estate, send him my contact info and I'll give him a nice fat note secured by my CA property and give him pre-payment penalties for the first 10-15 years..

.-1640 sq ft + 2 car garage + Storage shedSo my questions:-What do you think would be a reasonable rent for this place?

I've been in commercial real estate for awhile and I can invest in Self Storage Facilities without help.

i am prospecting a 110 unit storage facility here in Maine.

If you don't have good egress and have to get it water proof (my basement takes on water every year, we just have our storage boxes on short stilts, as it was way too expensive to fix the problem), it's probably not worth the effort to finish the basement.For rental comps, you could start monitoring Craigslist in the areas you like weekly and putting the data in Excel so that you have higher quality comp data than what is on Craigslist right now.

I've seen that layout in vacation/ lodge homes, spare sleeping areas . 4 storage drawers under the bottom bunks for gear/personal stuff?