Had a new investor ask how to avoid large REIT competition when selecting their first Storage location.Lets understand their "normal" business model first:a.

I need a lease for storage use only on a commercial property.

@Christopher Brown when you say ‘stabilizing’ self storage deal what do you mean exactly?

Makes sense, as they are paying $1,575 in a nice area of Seattle, on the rapid bus line, secured bldg, W/D/ GD, DW, Stainless/Granite, WSG paid, 10 minutes from downtown, in a fully updated unit with storage locker and two off street parking spaces.

Since there is plenty of land left to work with, I've thought about self storage, more RV hookups, or even some small rental cabins.

When you make profit, pay yourself with an Owner Draw and it will be easy to track.I also recommend a cloud-based file storage system for keeping documents.

If necessary, put bulky items in storage.

I cold-called storage units a couple years ago with no script or experience.

Hey, I’m down in Ridgway but investing all across the Western Slope in Self-Storage.

In this situation, the military sends a moving company to pack the contents of their unit, and puts it into storage for the term of the deployment.