I own a few multifamilies and certainly understand valuing an existing building, or in this case business on NOI. My questions revolve around converting an existing building to Self Storage.How do you assess the marke...
Looking at a 19 unit self storage facility here in town. Asking price is $55,000 with gross potential rents of $13680/year. Property tax runs $2600/year and insurance runs about $600/year. Estimating snow removal a...
Hello Bigger Pockets community, I am intending to build my first self storage facility this coming spring. Id love to connect with other self storage owners and developers as I enter the industry.
Hello everyone, First time posting here. I currently have 5 rental properties I have gained over this past year. It was also my first year as an investor so I feel very blessed to be as far as I am so quickly. That be...
Hello guys,We are investors based in DC Metro and primarily focus on Multifamily, Self Storage & MHP. We are seriously considering Austin market and would like to invest in the very near term. To maximize the econ...
Does anyone have experience with purchasing or building storage facilities? I am either looking to buy an existing facility or build one and want to understand the pro's and con's of each. Also, looking to hire an e...
We have around $2million kitty (little less than that).We have done investments before but they were around 60-70k, so this amount is way more than what have handled before.We still hold the previous investments but w...
I am looking to connect with investors in the northwest suburbs of Chicago investing in storage units. I am currently investing in buy and hold single family and duplexes. Wanting to learn more about storage to see if...
I have been trying to do some research on this question..... if I sell some of my single family houses could I exchange (1031) and purchase a storage unit business/property? Would this be acceptable under the new rul...
So I'm in a tricky situation here.A tenant left some stuff after moving out, including a gun safe. Former tenant wants the stuff, but is basically trying to store it for free indefinitely. In Hawaii, landlords are leg...