We currently own our home and a triplex in CA, and some fourplexes in other states. I recently saw a 12 unit apartment building get listed in another state for sale for about the same amount our CA triplex is worth (...
Hi folks. I am a 22 yr old investor with one duplex under my belt that I bought when I was 20. Now I am looking at a self-storage unit facility closeby me. I am wanting to set up a partnership with my uncle for acquir...
I am in the process of renting a unit that will be vacant on 9/1. I did find a good prospective tenant who would be my first Section 8 tenant. The problem is that the voucher is not enough to cover the rent that I nee...
Hi everyone,I am hoping to use this as a deal diary for our first storage shed investment. In June of this year (2019) my dad and I purchased our first self storage facility in Gainesville Georgia. We've owned a few r...
Hi, my partners and I have recently purchased our 1st storage facility. We have come across a problem that we are not quite sure how to handle. We have a customer who is in a storage unit without paying. I don’t mean ...
I am in the process of purchasing a self-storage facility that currently has tenants. Does anyone with similar experience have any recommendations for what I should do i.e., handling the assignment of rents from the s...
Where do you STORE all the key aspects of your business? Where do you handle accounting? Expenses and rent incomes
I'm confused on how people go about buying +100 and more unit buildings.
questions
1 Are they bringing 20% down (that's a tun of money i don't think i will ever not have it invested in something else)
2 Does the bu...
Had an auction today. Two units, one at each of two of our locations. We have 8 locations and 1,200 units. Only these two units auctioned in the last 2 months due to our autopay requirements and fast lockout proced...
Small park 22 spaces (16 owner occupied-3 park owned-3 vacant lots) with a 30 space mini storage also. $415k asking price. My offer will be $385K. Owner very motivated as headed towards foreclosure. Says he won't l...