:)BP is completely awesome and I am new on here as well.I am in south Florida and I collect precious metal coins from Australia.Never been there yet though.If you ever want info on south Florida SFR flips, multi-family's or storage unit facilities please let me know.Have fun and make great deals.Hope all is well,- James

New REI in the GB area and wondering how the meeting went.  

I am interested in doing a cashout refinance on a 147 unit self storage facility in Cleburne, Texas but local banks will only refi current loan amount. 

Lock all gates and storage sheds with new padlocks.4.

He's with Self Storage  101.  

The property is on Well water, so there are no water bills, and there's a huge unfinished basement that can be converted or used as storage...in other words, I wouldn't discount this option.

In fact, if the lease does not obligate you to provide appliances, tell them you will remove the refrigerator (just put it in storage for the next tenant), and they are welcome to purchase and install a lease of their own.  

They really don't need it for storage because there is plenty of storage space.

My strategy though was a long-term hold and to use the large lot for storage.

Have you looked at self storage as an assett class.