I am looking at a 160 unit storage unit complex.
What should be the cap rate be?
I figured 10%
What are the occupancy rates should I figure?
I used 85% but not sure how much turn over there is in storage units. I ...

Does anyone have any suggestions for maintenance management? I would like my renters to be able to submit maintenance requests online at anytime (including emergencies), rather than try to reach me just be phone (sinc...

For starters, I live in an oilfield town.  For me (and many others) this means living somewhere that has a huge influx of people and not enough resources to accommodate their needs.  For example, storage units!  Today...

One of my rental properties has appreciated significantly in value, and I am considering selling it and buying a small self storage facility.  Based on my own research, it looks like there is great software for remote...

I called a FSBO house in my neighborhood and started talking to this lovely 73 year old lady. As we continued to have our conversation she stated that she also had a 300+ storage unit complex with retail on the same p...

Hey guys,I am looking for advice regarding payment automatization vs old school checks. Here is the story.I recently acquired a small storage facility (34 units) in Carson, WA (40 mins from Portland). It has been work...

I have an accepted agreement for a storage unit facility under my company. A regional businessman is interested in joining this venture. I approached him regarding a possible management agreement (they have storage un...

I thought I would post the link to my most recent blog article here. It includes a VERY brief (and entirely incomplete) description of what it takes to be successful in real estate. It also links to a case study deta...

Alright guys so I have decided that my long term goal is to own my own self storage units.  I am 21 years old and currently have little to nothing saved up.  My credit is good from my several years of vehicle payments...

Hi, I'm brand new to BP so I'm sure this may have been asked before but her goes... I have an opportunity to purchase a 262 unit storage facility and can structure a deal with no money out of pocket. I'm trying to fin...