I've heard that investing in Self-Storage is a great idea. I agree! It seems like a great business. I was wondering if anyone has had any experience in this area?
I am in the process of purchasing a 4 unit property that currently has secure basement storage for tenants. The storage spaces are no more than 5x5 but the basement itself is fairly spacious. This has resulted in so...
Crunching numbers on a possible storage unit build. Anyone have experience managing storage units that could tell me what they have experienced as a annual vacancy rate?
Hi All!I have a duplex I'm looking at in the Muhlenberg area of PA. It's in a decent neighborhood, but the schools aren't great. Listed below are the numbers. Could you please let me know what you think? Would love to...
I am looking to connect with Self Storage owners in the SF North Bay (Marin/Solano/Sonoma counties.) I am a full time residential investor but would like to branch to self storage. I would love to connect with someone...
I am currently looking into self storage and was curious if anyone would have an architects they would recommend. We have already completed a feasibility study on our market and are currently looking at a few differe...
When developing a pro forma for a storage facility, what percentage of gross income should be estimated as operating expenses? I've see a feasibility study by an economist recently that mentioned using 45% of gross in...
Circling back to give an update on our most recent acquisition to end 2022! With my partners leading the charge and me tagging along, we closed on the Gastonia Sun Drop bottling warehouse in Gastonia, NC along with a...
Hi everyone,I have a 600 sq ft shed (build by the previous owner with permits) sitting in my backyard right now. It has a new roof, basic framing, and electricity, no plumbing though. Right now it's just used as sto...
Hey everyone, I wanted to ask if anyone has experience applying for zoning variances for self storage? A partner and I own a warehouse in a small market that we're interested in converting to self storage, but it's in...