As someone who has never invested in real estate, self-storage seems like a great way to break into real estate investing. What are your thoughts on this? From sourcing/analyzing deals to financing to cash flow. Is se...
Hi All,I am currently looking at an 11,000 square foot commercial property in a small upstate NY town between Rochester and Syracuse. If you look up the definition of a distressed property you'll see this property. Th...
Self storage is one of the most passive forms of real estate investing out there, but only if it’s run correctly. On this episode of the BiggerPockets Podcast, you’ll learn from CPA and real estate investor Michael Ro...
Good evening, I have been thinking about self storage. I have identified one that looks good for a first timer... It is 130+ units with a kiosk. It is 7 hours away. I can visit twice a month or so. My schedule allows ...
Good evening, everyone. Last year, I purchased a house for myself with 3 additional rooms to rent. So far, this has been going very well. I have two vacancies coming up soon that have me a little worried, but thi...
Newbie here. I am considering developing a self storage facility on land that is already owned by my family. I don't know much about investing in self storage, but the few things I've seen it seems that the main strat...
Looking at a small 24 unit self storage business on 2.5 acres in our local industrial park. It’s 16 10x10 units and 8 5x10 units. They’re below market on their rents ($32.50 for a 5x10 - should be between $35 and $40)...
I've got some proceeds from a 1031 sale that I'm considering investing in a new self storage project that just opened to renters last month; I don't know yet what the current occupancy looks like but I assume it's pre...
Anyone have an idea of what conventional financing terms (rates, term, LTV) are available these days for refis? We have a facility in Southern Cal that we are looking to refi out our SBA tranche (long story on why we...
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 te...