![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1941594/small_1734451872-avatar-joshual320.jpg?twic=v1/output=image&v=2)
8 April 2023 | 5 replies
Long-term retention is more valuable than the rent you would otherwise collect for simply garage storage
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/437257/small_1696256046-avatar-kevinj33.jpg?twic=v1/output=image&v=2)
4 April 2023 | 6 replies
Think about: zoning, dual metering, dual electrical drops (maybe), parking, (if a well or septic can it handle the extra load).Regarding the value add or the rental increases, it's best to talk to a couple of (very successful) Realtors who have worked the area for some time and get their input on this, so you can make an intelligent decision.Just asking for some rule of thumb on the internet is probably not going to give an accurate number for your neighborhood and individual SFH.And since such a conversion will result in a lot of lost storage area, will you need to offer tough sheds or the equivalent to make the units compete for market rent?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/756813/small_1694643462-avatar-andrewc187.jpg?twic=v1/output=image&v=2)
14 April 2023 | 11 replies
Add space you can charge for storage or parking, measure costs exactly, buy in markets that are stable...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/200551/small_1621432771-avatar-jarreddearmas.jpg?twic=v1/output=image&v=2)
4 August 2021 | 23 replies
@Josh CarrPerfect device that you have provided.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1387043/small_1630373121-avatar-dukeg1.jpg?twic=v1/output=image&v=2)
23 June 2019 | 3 replies
Same question for the Self-Storage and Reliant Investments?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1648165/small_1692883908-avatar-kylecurtinre.jpg?twic=v1/output=image&v=2)
1 December 2022 | 3 replies
Some of the potential areas for value add include:🔒 Creating basic individual storage lockers/cages for extra space to rent for each unit.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1818863/small_1695180283-avatar-beng205.jpg?twic=v1/output=image&v=2)
26 March 2023 | 8 replies
Wouldn’t this also apply to storage units?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2720802/small_1694612627-avatar-kaydinv.jpg?twic=v1/output=image&v=2)
15 April 2023 | 9 replies
Is RV or Boat storage big in your area and could add a some income from just a larger lot.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1801565/small_1621515686-avatar-danielk384.jpg?twic=v1/output=image&v=2)
30 June 2020 | 40 replies
I pay $9/ month for all of my units, it's easy to set up (& free for tenants), tracks my leases, allows for document storage, maintenance requests, communication, etc.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/77513/small_1675362358-avatar-crexchange.jpg?twic=v1/output=image&v=2)
15 April 2023 | 0 replies
Additional highlights include an indoor laundry room, a separate 2 car garage with storage capacity, and a large backyard offering plenty of parking for vehicles, boats, or an RV.