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Daniel Bullock
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12
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Self Storage Owner Advice

Daniel Bullock
Posted

I found a small self storage facility and am thinking about buying it. I’d love to talk with someone who owns or has owned a self storage facility to better understand the business before moving forward.

Mostly looking to learn about the day to day operations, biggest challenges, occupancy, tenant issues, maintenance, security, unexpected expenses, and things you wish you knew before buying your first facility. Also curious about opportunities to increase revenue and common mistakes to avoid.

If anyone is open to connecting further or answering a few questions, it would be appreciated! 

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4,632
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Henry Clark
#2 Commercial Real Estate Investing Contributor
  • Developer
4,498
Votes |
4,632
Posts
Henry Clark
#2 Commercial Real Estate Investing Contributor
  • Developer
Replied

OP.  I've posted a lot of our experiences on BP.  Glad to discuss with you.  Please put in the effort up front and use the lookup function on my name and all posts that start with Self Storage in their title.  Vote on them and I will get a message you have invested your time.  Start with the post "Will they come?".  Try to do that exercise for the location you're looking to invest in.

  • Henry Clark
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