Self Storage- Why Storage? Why you?
Wednesday, August 26
Self Storage investors. Keep up the effort and put your foot on the gas, right now. Right now is the best time to invest in self storage, I am not a financial advisor, just in the game of Storage. There are three investor groups in the Storage business right now: REITS or large regionals- I'...
Self Storage- Deal 2, Last location and still learning
Wednesday, August 26
Start Small and make your big mistakes Early.Deal breakers- market, finance, zoning, footings, road type, water/sewer availability, Storm sewers, Storm retention ponds, don't over analyze and don't get to greedy. Everything else you can mess up and not get to hammered.Some of these stories will b...
Self Storage- Deal, Croatia Style or No Money Down
Monday, August 24
NO MONEY DOWN Working with a young gentleman in Zagreb, Croatia who was seeking advice to get into the Storage business. Was mowing the next day and thinking about a business I have in Belize (higher interest rates) and also the fact this person probably didn’t have much capital. The amount of...
Self Storage- Deal 1
Monday, August 24
Deal 1 Its really hot outside and I'm tired of landscaping. Start Small and make your big mistakes Early.Deal breakers- market, finance, zoning, footings, road type, water/sewer availability, Storm sewers, Storm retention ponds, Over analyzing, too greedy. Everything else you can mess up and not ...
Self Storage- Why Storage?, Why me?
Monday, August 24
WHY STORAGE?, WHY ME? First of all, don’t trust anything I say. All things related to Storage, “you” can validate. You need to own the info, since its your money. Second, "start small and make your Big Mistakes early. My background is as a CPA/Controller/CFO in Small ($10mm sales) and ...
Self Storage- Broad discussion on Financing
Monday, August 24
Storage Financing- Broad Discussion Whew, hot out there. Was doing some spraying, thought I would knock out some blogs, before I forget all of this stuff. Below is a broader financing discussion to include prospective and current operators.Just finishing our financing on our latest location. Belo...