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 terms...
I just started diligencing a 200+ unit storage facility on the Nebraska / Iowa border. It's a fascinating rental model --> some wear & tear advantages since no live-in tenants compared to MFUs, but also some mg...
Storage unit investors.. where do you find your deals? What states are best? What do you look for? What is your checklist when looking at a deal? I am interested in learning more about this type of investing and any i...
How do small town banks appraise storage facilities? I’ve found that most “mom and pop” owners have no idea what a CAP rate is and just know what they paid for a place and what they think it’s worth. There is no conce...
What makes commercial real estate a better investment than the stock market
Investing in the stock market can be a great way to build wealth over time, but it also comes with risk. Losing money in the stock market ...
Hello. I am an multi-family seasoned investor. I am looking to purchase my first storage facility. Question
**If you currently own or have owned storage facilities, can you please provide me with your best practic...
What's up BP folks...Any self storage investors on here? I am curious about the space and looking to learn more about it. Specifically how you underwrite your deals. How you manage them once acquired. Etc. I've search...
Hi,Just purchased a SFH with a very large garage that is rented to another person who live a block away and use it to store 2 cars.No problem at the moment but wondering, if the tenant stop paying how hard it would be...
Good evening BP.I'm hoping you can point me to a sample/template of a rental agreement for SELF STORAGE SPACE, month-to-month.I couldn't find what I am looking for in the BP fileplace.Thanks in advance!
Hoping to gain some insight on how to go about estimating the potential construction cost of a self storage building from a 10k ft view. Theoretically, it would be about 15,000-20,000 sf of storage space (unit mix TBD...