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Just acquired a very underperforming self-storage facility in Los Angeles area. Rents are way below market. On average 40-50% below market. What's the best way to bring things up? All at once? In increments? And...
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I have identified a property that would be perfect for assisted living or nursing home. The problem is I don't want to run that type of business. If I developed the property for this use are there companies that come ...
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Greetings,Well I bought my first rental unit, a duplex and am living upstairs. I have a tenant who is moving in the beginning of next month. I am trying to figure out how to share the laundry facilities.The laundry ro...
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Hey guys,I am looking for advice regarding payment automatization vs old school checks. Here is the story.I recently acquired a small storage facility (34 units) in Carson, WA (40 mins from Portland). It has been work...
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Hello BP family, I hope this post finds everyone well!
I am in search of a commercial lender who will refinance a storage facility in Arab, Alabama. We are looking to capture about 65% LTV of the property's current ...
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I thought I would put this up because what I have to write can save you, however few are talking about this point. When buying or developing self-storage facilities in new markets it is so important that you understan...
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I'm looking for some help in evaluating a deal on a small boat storage at a popular lake, located in very close proximity to the marina and boat ramp.
As you'll soon discover in my meanderings on the subject, I'm ver...
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I have a 28 unit property in Phoenix (for sale on BP). I was contacted by a company that runs halfway houses for recovery about leasing the entire property. This idea grabbed my attention. I'm looking for anyone that ...
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Paul Moore explained how storage units were great during good economic times and downturns. People need a place to store stuff that they buy from Amazon or Walmart. This also holds true when people want to downsize th...
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Hi! While looking for investments, we have found a small mini-storage (self-storage) facility for sale, but it is over 2 hours away. It is not large, and there is no fence. I hear a lot of talk about managing from a d...