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Hi! Evaluating a self-storage opportunity and would love folks' input on a few questions that I have, below. Really appreciate any insights that you can provide!
Questions:
- Commercial Loan - what are the best te...
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I am from Central Illinois and have been reading a ton of blogs about self storage success. It’s something I would be interested in trying out, but my question is: how do you determine whether or not a market is too s...
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How are small storage units profitable? One near a small 4 unit apartment I just bought has less than 50 units. They rent from $30 to $60 a month. About 20% have double locks, which I am guessing means they did not...
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I have the opportunity to but a self storage development site for next to nothing, but I know nothing about this type of business. Anyone here built one before? This one is climate controlled, 60k sqft with 500 uni...
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Anyone have an idea of what is a typical management fee for self storage facilities? Looking at a 40k sf building and shopping around for a prop management company.
Also wanted to get thoughts on whether getting a...
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Hi BP community,
My mom recently inherited about 12 acres of pasture on the corner of Dixieland and New Hope in Rogers, AR. It's adjacent to a police station, near shopping, and near the high school. After lots of ...
This Monday I'll be negotiating a salaried position with my employer as an analyst/agent. My employer acts as a broker, investor, and consultant on self storage facilities. I anticipate a compensation plan that includ...
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Investment Info:
commercial investment investment.
Purchase price: $475,000
Cash invested: $1
Complete redevelopment of strip center to climate control facility.
What made you interested in...
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Hello all, I am looking to build a home on some vacant land and just wondering if anyone would mind guiding me as this is the first time I have done anything like this. Just wondering what to expect to pay, people I n...
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We have property in two complexes ("A" and "B") where there is a need for about 30% siding repair in each one. The reveal (the face of the siding) is 6" in "A" and 8" in the other. This issue I am running into is that...