Investment Info:
Other buy & hold investment.
Purchase price: $3,000,000
Cash invested: $34,000
Bought 300 unit self storage facility for 3 million. Down payment was $34,000 and equity from anoth...
Hello everyone,Are there specific lenders out there for existing self storage facilities nationwide? Or have any of you had success with smaller local banks that have an appetite for self storage?Thanks!Drew
Hello all,I am doing some research on a potential purchase and I was wondering what kind of interest rates are offered on owner occupied cold storage warehouses?Also, what kind of LTV can you get?Building value is abo...
Hello everyone, as the title states I am working a deal for a 200 unit self-storage facility here in Wisconsin. It is by all means already a profitable facility which includes and newly paved entrance/security system/...
I've come across an opportunity that I almost cannot pass up, but I wanted to run the numbers by you guys just to make sure I'm not missing anything. The deal is 2 buildings, close to where I work and live. Both are 3...
OK self storage peeps. What percentage of rents did you collect in April? Do you collect quarterly or monthly? I'm assuming they are credit card auto-debits, please correct me if they are not.Did you have any unusual ...
Hey All! I recently renovated the 2 car garage at my building and found some renters on Craigslist. They intended to use it for just storage, so they moved their stuff in for the winter, and won't be back till later n...
Hello, We currently manage 32 units, houses and apartments. We will be taking on 240 new self storage units in the next two months. We are looking to upgrade from excel spread sheets to a management software where we ...
I have read and bookmarked several of the many posts I have read concerning investing in self storage sites. There is one that is for sale in my area and I would be interested.
How many years back should I go...
I am looking to buying a house I like but the monthly payment is a little bit than I am comfortable to pay for. I saw some ads in Craglist list to rent out garage and storage. I am thinking about the rent out the gara...