hi, just got my first direct mail response back from the owner of the facility. hoping everybody can share their opinion on this deal. 10000 sq ft 90 units ( mixture of 10x5, 10x10, 10x15,) currently 95% full with monthly revenue of about $5000able to raise rent and achieve monthly revenue of about $6500no extra land available for expansionpretty much turn key facility with fence, concrete, some camera, light, and etc. good location near residential house and apartments with 1 life storage about 4 miles out. what would be a fair sale price?

I’m looking into self storage and want to hear from Experienced investors on how they got started. I’m really interested in the business model. 

I am looking for facilities in KS/MO--would be happy to chat more. 

A vent hood or fan can prevent cooking smells from lingering in the unit and prevent the buildup of moisture and humidity that could lead to mold growth.

Asking since I have an 1/2 acre property with B2 zoning in Ocala, FL and am wondering if it could be used for short term rental facility or storage facility...

Working non stop till another vacation.I cant say rentals take up much time, may be its the whole thing, cooking, cleaning house, taking my kid to a doctor, etc...It all adds up and that is why I feel like I have no work-life balance...

I've been doing a lot of research on the subject, and have been looking into Steve Cook's book/program.

Host fees (if listing with Airbnb, VRBO, etc), regular advertising fees, STR permit fees, utilities, cleaning, TV/Cable/entertainment, internet, basic toilet/cooking supplies, wear and tear on furniture, a security system, landscaping/lawn care, snow removal, trash removal, pool/hot tub care, propane for gilling/fire pits, and others depending on what amenities you may want to offer.  

I always took 24 month listings. but they would cook off at 1 to 5 million and my 10% was a nice payday.. and the people buying them most I can still call friends.. you get a much deeper relationship with a ranch buyer.. you could work with them literally for years until the right property came up... most of what these guys are talking about is sending mailers to old land subdivisions that never took off.... and most of the property has little to no real value on the open market.. so you always have someone who will do the 100 dollar down 50 a month program.. and or pay 5k cash for 5 acres.My dad used to sell 100 properties in a day at airport hotels in LA and SF... lots costing 1k to 5k. 

Not entirely true regarding the Kitchenette vs Kitchen, but it is definitely a plus if you have a full cooking facility, which doesn't have to be as big of a project as you may think.