As a savvy investor, you're always on the lookout for profitable opportunities. One such opportunity that has been gaining traction in recent years is investing in self-storage facilities. With more and more people needing extra storage space, this industry has become an attractive option for those seeking solid returns.
Read MoreThe April 2023 Self Storage Investing Newsletter
“Term default” is what happens when your loan comes due and you are unable to find a replacement borrowing option. It was a common problem in the Great Recession in 2008, and that was mostly because borrowers used poor judgement and little caution in their approach to loan renewals and it caught up with them. In this Self-Storage University podcast we’re going to review the loan process and how to best attack a pending loan renewal.
Listen To Episode 75Entering into a self-storage contract typically relies on information provided by the seller. However, discovering undisclosed problems during due diligence can necessitate contract renegotiation. This article outlines a strategic approach to successfully renegotiate a self-storage facility contract, ensuring a mutually beneficial outcome.
Read MoreTo get the price you want on a self-storage property, you have to be skilled in negotiation. So how can you develop and refine those skills? In this Self-Storage University podcast we’re going to review some simple methods to enhance your negotiating ability and get you more fluid in the art of bartering.
Listen To Episode 74Jeremiah Boucher is one of America’s largest and fastest-growing investors in the self-storage sector, with over 65 properties and 15k+ storage units in his portfolio. And he has now produced a Self-Storage Boot Camp to explain his theories on identifying, evaluating, negotiating, performing due diligence on, renegotiating, financing, turning around, and operating self-storage properties – whether it’s your first or your next in a series of acquisitions.
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