5 Mistakes to Avoid in Self Storage Due Diligence

[@SelfStorageIncome]

We're so close to 10,000 subscribers! Thanks for all the love and support everyone. We're almost there! Download a copy of our checklist here: www.selfstorageincome.com/dd-checklist

[@mod2249]

This is excellent. Thank you.

[@nickzachgo4609]

Thank you!!!

[@huntfieldstorage1439]

Great content! Keep it up!

[@Lorob854]

So did you redo those low grade units to avoid water ?

[@SelfStorageIncome]

These particular units shown, we ended up not buying that particular deal. But when it comes to drainage, it depends on what needs to be changed. Say if 10% of the units need better drainage, we may look at re-grading the asphalt. If only 2% of the units do, we may just adjust the leveling and order better doors that keep the water out.

[@hartleyturley1642]

What software do you use for the due diligence or is this something you have created yourself?

[@SelfStorageIncome]

Hey @hartleyturley1642! Hope you're gonna find this helpful! kzbin.info/www/bejne/fGHUgpyunZJ3obM&ab_channel=SelfStorageIncome

[@boostedrr7205]

Hey so I have a few different questions, number one would you recommend taking out a loan and building the units from scratch or buying a lot. Also once I save 100k and I’m ready to put a down payment on the units how do I get over the fear of going bankrupt or just loosing money on my investment. Are storage units pretty successful

[@felinomotan8194]

"To accomplish great things, we must not only act, but also dream, not only plan, but also believe." -Anatole France