How good are storage units? Are they a good investment? Does anyone have any storage units? How many units do you have? What do you get for each unit per day? Any thoughts?
Brian
I have evicted tenants before but here in Illinois it is time consuming and costly. Looking for creative ways to get tenant out legally. Buy them out, etc.
I am working on putting together a balloon mortgage with a 6-month graduated repayment schedule to permit stabilization of the asset (a storage facility). How do the first six payments affect the the monthly payment a...
I wanted to find out from self storage facility investors about the current market.How is it currently? Is there money to be made in this sector? Any thoughts would be appreciated! Thanks!
Hi,
I am interested in a 4-plex that is right across the street from one of my other rentals and in a very good rental area. Here are the numbers:
Purchase price: $340K
Downpayment: 20% (68K)
Monthly mortgage payme...
This is a completely new category for us and not quite sure how to interpret... my brother/partner is a real estate broker in a small market where he can rarely find an open self-storage unit for customers that are m...
Looking for guidance on rural Self Storage facility in 185,600 person county. This property is off the beaten path in a historical town of 2,367Current occupancy is at 92%. Nearest storage facility 12 miles away in an...
Hey self storage owners/experts!Need help analyzing a self storage dealPurchase Price: $200,000Units: 22Occupancy 100%Annual Gross Income: 21,000Annual Expenses: $5000Please share your thoughts about this deal.
Or will they just lower the amount if you were to have negative equity?
Looking for some advice.Okay soooo, My wife and I live in WA state. I really got into learning about REI about 1 year ago. Since then, we acquired 3 SF rentals in Ohio. We sold one so now we have 2 with tenants in pla...