PeterL
Member
Last Activity: 27 March 2021, 05:37 PM
Joined: 9 November 2020
Location:
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This month has been nuts. I was wondering the same thing. Our avg monthly lease up is 10 net units and we are over 20 right now. Last month for some reason we had net 0 which was unusual.... -
What do existing tenants do when a facility closes?
Let's say their rent is 30% cheaper than the surrounding competition. What percentage would look for a new location? And if you were a self storage owner in that area, what would you do to court to soon to be renters without a facility? -
thanks Clarkstoragellc things are progressing on Sparefoot. We got more reviews on there and our closure rate on inquiries has improved a lot.
For the next largest city (10 mi away) out of 132,
we are
no 4 under recommended
no 10 under distance
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Great answers here and helping me think this through. Maybe down the line when we have lower vacancy may consider autopay as mandatory but for now will push the 'sweet approach'...Leave a comment:
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Google ads. Not spending a lot though as we are experimenting right now. also paying Sparefoot the 1.5 mo commissionLeave a comment:
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Investors breathing down my neck...Leave a comment:
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Actually forgot I talked to Trachte 2 yrs ago and had a rough number of $8/ sf for materials only and $3/ sf labor (going to assume higher as I'm in LA). I know materials costs have gone crazy recently though so I wouldn't be surprsied to see this number to have changed.Leave a comment:
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self storage construction company recs + costs/ sf
we have a 14' high existing space that we are looking to build out. We got a floor plan from the architect and was wondering what was a typical cost/ sf (building is built, really the only thing we need is the actual walls/ doors of the units, maybe some upgrades to fire sprinklers, + additional lighting)... -
Now at no 5 for recommended and still no 1 by distance, the increased leasing rate + new review definitely helpingLeave a comment:
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Yes I've given this serious thought about not doing insurance as a sales pitch....Leave a comment:
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Did some more digging and looks like these ladder accessible units are in Extra Space and Public Storage in my area. Public Storage requires you to sign some sort of waiver bc of the ladder and the pricing is roughly 1/2 of the regular full height unit. I was also told that at least half the tenants...Leave a comment:
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