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23 January 2025 | 52 replies
Even the drop down menus for the forum subgroups are not organized that well.3.
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15 January 2025 | 15 replies
In that case you will need to analyze the comps, and keep in mind operating two units on one property can bring other costs and operational issues.2.
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25 January 2025 | 8 replies
Franchises work for a reason, but inexperienced operators are why they fail.
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17 January 2025 | 5 replies
I operate across the mid-south/mid-west.
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13 January 2025 | 3 replies
Hi Ricky,Being in operation for 10 years with mid seven figures of assets and NNN leases,it would be wise to speak with your tax advisor regarding if the tax set up should be an LLC, an S-Corp or a C-Corp.It would also be wise to speak with an asset protection attorney to find out if this is something that might be beneficial to you in that area.
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4 February 2025 | 17 replies
Maybe it's conjecture on my part, but I think a good agent (good being the operative word) would have encouraged you to start by offering lower and saved you more than 2.5%.
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13 January 2025 | 15 replies
How much larger of an organization do you want to run8.
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22 January 2025 | 7 replies
@Luke Spencer I am not on the management side but I can tell you it took 2+ years to fill 300 units at one of our facilities and the other just hit 300 units in 12/13 months so it really depends on the demographics, and local housing market trend, the more people moving in and out the higher the demand for storage.I think if you're looking at a saturated market then the upfront cash to turn the warehouse into self storage is not a good idea but then again, maybe those operators are on back roads ( low visibility ) and don't push google ads well.
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20 January 2025 | 31 replies
Your LLC needs more than 4 pages operating agreement.They are recommended by many but not with me.
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15 January 2025 | 12 replies
We were surprised that Kiavi never thought to call the vendor of their software, or a database technician, to fix this.We provided the requested copy of our LLC articles of organization.