Hello, I am an 18 year old that wasn’t to get into self storage. I see an opportunity to buy a facility but I have 1 problem. I can’t make the down payment. Any ideas of what I can/should do?
What are some usual payment terms for self storage rentals? I'm revamping a family owned self storage facility that's been operating straight out of 1984...My current thinking on terms:You're in default after day 1.L...
What are people using to allow you to text customers who are behind and have a link in the text where they can make a payment? I am currently using webselfstorage but will be making the switch to Storedge before long...
I am buying a Passive Income opportunity under contract through self-storage. Where do I start in my search for hard money lenders for a down payment? What type of interest do you offer and what equity with partnership.
Hi fellow investors,
What are some of the best options for rental kiosks and payment processing systems (ACH & CC)? Can you pass on the credit and payment processing fees to tenants?
Thanks.
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...
If you have a tenant who is paid up on rent, but doesn't pay for other fees (storage, parking, late fees, whatever), how hard do you go after them? I'm in a situation like this and the property is profitable, and the...
Hey guys! My name is Jacob and I’m just learning about commercial real estate and the ability it has to set you financially free. My question is, with me wanting to get into storage facilities; how would one go about ...
I own 7 properties - 10 Doors (long term rentals) and a Storage Facility (36 units). Any advice on which software to use? Currently using Google Sheets/Excel and logging payments and receipts manually.
Self Storage has always been touted as recession-proof but data is showing people are spending -50% less on it since Coronavirus quarantining. What do the experts in this space think? Are folks deciding to cancel memb...