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15 August 2024 | 26 replies
You can program everything into the calendar and it syncs up to every computer, mobile device, etc.
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10 August 2024 | 10 replies
What are the industry benchmarks for storage unit profitability?
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14 August 2024 | 6 replies
Ask the two brothers to remove his belongings and put them in storage or something.
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18 August 2024 | 52 replies
These buildings were storage rental for businesses and the income was significant.
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9 August 2024 | 18 replies
Hey Everyone,I am under contract for a small self storage facility (36 Units).
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19 August 2024 | 244 replies
I think sometimes the newbies do not see the value of the information or offer of help.there was a thread on starting on storage units by @henry Clark.
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12 August 2024 | 0 replies
If a Cost Segregation Study had not been performed on this $3,000,000 RV & Boat Storage Building located in Fort Pierce, Florida that was purchased in 2020, it would have had first year depreciation of approximately $10,225.
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14 August 2024 | 134 replies
Or a short term rental fund in an overpriced community, a self storage fund in the backhills of pick a state, an ATM fund to invest in ATM's ?
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13 August 2024 | 69 replies
First fund I have seen where people are experts in self storage, private credit and MHP.
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12 August 2024 | 8 replies
But I have been looking into splitting the duplex into two condos (yes I know it is a lot of work) and I could probably get 325-350k for each, netting me 650-700k.Number:* Mortgage interest 2.5%* Mortgage principle 240k* PITI $2100/month* Rent 2200/month (current tenant on a two year lease)* Potential rent on my side $2400/month * 100k HELOC at 11% (fixed) (not currently being used)* est additional cost to split the dueplex 75-100k (conservative, probably less) *new siding 30k (just put on a new roof this year) *legal 10-15k *fire proofing 15k * 15-40k for stuff I am not aware of or underestimated on* some of the appreciation is external from the home *big grocery store put in 3min away * newly paved road in front of my house *a building that was falling down across the street has been torn down * Still a vacant lot with the foundation exposed and fencing around it (so more local improvements are on the way)Part of me wants to take the money and run but man I love that 2.5% interest rate and the $2000/month cash flow (including taxes and capx)I have thought about 1031 exchanging into more rentals, but I would like to pivot into storage units.