Can't tell from drawing, but here are some items to check:
a. Width of parking spots. 50's -13 feet wide; 30's- 12 feet, 20's- 11 feet. As KrisinCali mentioned. Lay your parking area out and try to park. Use a dually truck and a 45 foot RV camper and park.
b. Always have them...
Clarkstoragellc
Senior Member
Last Activity: Yesterday, 10:39 PM
Joined: 13 May 2020
Location:
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Self Storage- Will you sell me your property?
Was watering some new trees we had transplanted into the dark about 8PM. Sitting there got a call from someone in either Virginia or Tennessee. Will you sell your location at xxxxxx? Thanks for calling but not interested at this time.
That week we received a letter in the mail and 3 phone... -
TMartin First of all, read all of my posts to help get up to speed. If you don't put the work in, then you need to be an investor and not an owner.
1. How much money do you have? Or collateral at 65% a bank will give you? Don't answer.
2. How will you finance? SBA 10%, Conventional...Leave a comment:
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TMartin name a town you live near or in. I will give you some ideas to get started....Leave a comment:
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Actually, he has the right idea.
My brother was ready to downsize and also wanted to get into Self Storage.
Sold his house. (Talk with your tax person. If you have lived in your house for two consecutive years during a 5 year period, you pay no income tax on the gain.)....Leave a comment:
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Read the article. Based on their approach they will always have Collection issues and be disappointed with a lot of trash to clean up. Or deal with, I just need to get the Xmas tree or the roaster for the turkey or the kids Xmas presents which I bought this summer. Then they take everything of value...Leave a comment:
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What State are you in? If you're up north recommend you do your increases February thru March.
Would also look at rate increase based on the size of your units and unit mix, not across the board. And your competition rates and occupancy. If there are very few 5 x 10's you might raise...Leave a comment:
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We use Ponderosa Insurance through Uhaul. Has customer insurance tied to it.
Recommend you find a group that handles both your insurance and your customer offering....Leave a comment:
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We started a facility as Auto Pay only in a larger metro area. Also, at the tail end of converting all of our country locations (10,000 or less population) to autopay. We do debit/credit card and ACH electronic pay bank accounts. No issue at large or small towns. Maybe 20 out of 800. Gave them...Leave a comment:
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Our bank appraised without the containers. Considered personal property. You might ask if they are welded together as someone mentioned will they consider as real property. Be careful with attached to ground, your Property Tax people might hit you.
When you go to insure, you have to...Leave a comment:
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