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re: Self storage - an American phenomenon
Posted on 2/6/24 at 10:43 am to holmesbr
Posted on 2/6/24 at 10:43 am to holmesbr
quote:
I can see keeping a car in one of you don't have a garage at home or just have a carport. And it's worth keeping out the weather. Or the HOA won't let you have car visible on your property.
I cannot imagine a storage facility allowing someone to plunk a car or truck in a unit. The fire hazard would be too great.
ETA: I searched. There are some that allow vehicles in a unit $109 a month in Shreveport. I couldn't find the rules, e.g. will they allow an older vintage car that leaks?
This post was edited on 2/6/24 at 10:46 am
1
Posted on 2/6/24 at 10:44 am to Pettifogger
My wife's grandfather had one that was $250 a month. He died in 2005 and my in-laws have kept paying it. Nearly $60,000 to store a dead man's junk.
And it is junk. We went through it right after he died. Anything of value (and I use that term loosely) was taken out. Everything left was worthless but they have kept paying for it.
And it is junk. We went through it right after he died. Anything of value (and I use that term loosely) was taken out. Everything left was worthless but they have kept paying for it.
This post was edited on 2/6/24 at 10:46 am
Posted on 2/6/24 at 10:45 am to GreenRockTiger
quote:
if you’re not using the stuff why keep it
Sometimes you don't have room and don't want to part with stuff. Especially solid wood furniture that was handed down or inherited. The plan is always to expand or move which ends up never happening.
Posted on 2/6/24 at 10:47 am to dallastiger55
quote:
Met a guy at a party a month ago that owns 3 storage businesses.
Said they print money
Great investment. You get mailbox money to at the very least cover the property costs and you get to sit on the property until a developer wants it and offers you a fat check.
One of the wealthiest businessmen I know personally has something like 25 storage unit facilities as his side investment. He says it's just an investment in land and the storage facilities are temporary to cover the costs.
Posted on 2/6/24 at 10:48 am to soccerfüt
quote:
If you are using them for a business, that's different
I literally got an email today with my company's invoice
I'm just hitting year 10 so I can start getting rid of old files. But then I have to hire a document shredding company. It never ends
Posted on 2/6/24 at 10:48 am to Pettifogger
quote:
My wife has a storage unit in Dallas that we've paid for probably 15 years. We've been in a cold war about it for a decade. It's like 250 bucks a month now.
Is the stuff in there worth $45K?
Posted on 2/6/24 at 10:51 am to Lonnie Utah
It's cheaper to build/buy a climate controlled shed on your property than it is to pay for a storage unit for years and years.
Posted on 2/6/24 at 10:52 am to SlowFlowPro
quote:
But then I have to hire a document shredding company.
These businesses used to make a ton of money, but I wonder if they're hurting with electronic documents being used more and more.
Posted on 2/6/24 at 10:53 am to KamaCausey_LSU
quote:
Sometimes you don't have room and don't want to part with stuff. Especially solid wood furniture that was handed down or inherited. The plan is always to expand or move which ends up never happening.
This was my parents, we grew up poor in a small house, so they kept a storage unit full of furniture or even some of their wedding gifts to use when they eventually purchased a new house, which they did. However, by the time they did go to use some of that stuff much if it was dated, about all I remember them using was some of the China and dishware my mom still had new in the box. They kept that unit probably 15 years or more when I was a kid and ended up throwing away probably 95% of the contents.
shite like this is why I'm the exact opposite, if I have an item or something I haven't used in about 6 months I either sell it or get rid of it. I hate clutter and hanging on to unused crap.
Posted on 2/6/24 at 10:53 am to TejasHorn
Because I want to turn my unfinished basement into a sex dungeon and the Christmas boxes really kill the mood.
Posted on 2/6/24 at 10:57 am to Lake08
quote:
I thought it was illegal to “live” in them
This is in Torrance, California, so I don't know the local laws governing it. He has it set up really cozy. It is a large unit with running water, sewage, and electricity. He doesn't have a car but keeps his motorcycle inside. Most of the units in this facility are lived in. Several are businesses: a locksmith and an auto repair shop.
Posted on 2/6/24 at 11:02 am to blueridgeTiger
quote:
It is a large unit with running water, sewage
How do you get running water and sewage to a storage unit?
Posted on 2/6/24 at 11:02 am to blueridgeTiger
quote:
This is in Torrance, California, so I don't know the local laws governing it. He has it set up really cozy. It is a large unit with running water, sewage, and electricity. He doesn't have a car but keeps his motorcycle inside. Most of the units in this facility are lived in. Several are businesses: a locksmith and an auto repair shop.
That's an apartment complex
Posted on 2/6/24 at 11:11 am to CatfishJohn
quote:
That's an apartment complex
No. It's a large complex. The units were all originally for commercial storage but over time, many were used as living facilities.
Posted on 2/6/24 at 11:14 am to TejasHorn
When I lived in Korea, when preparing to move out of my apartment, I asked a group of my friends if there was a storage center nearby to store my things while I spent time in the States. They all gave me the most bewildered look, and their faces were like, “What the hell are you talking about?”
I was like, “Ok…. Never mind…”.
I was like, “Ok…. Never mind…”.
Posted on 2/6/24 at 11:15 am to CatfishJohn
I'm in the business they do still print money but they are being over built and purchased by large investment groups. Inflation is making people think about clearing them out. It is starting to effect the bottom line of my storages.
Posted on 2/6/24 at 11:15 am to blueridgeTiger
quote:
No. It's a large complex. The units were all originally for commercial storage but over time, many were used as living facilities.
With sewage and running water? That seems bizarre, but good on that weirdo for finding a cheap place to live.
Is it more like a warehouse than a traditional storage unit facility? That might make more sense.
Posted on 2/6/24 at 11:20 am to CatfishJohn
quote:
Is it more like a warehouse than a traditional storage unit facility?
No, it's large but clearly a traditional storage facility. It is a single-story, and the units have wide, steel roll-up doors (his unit had two such wide doors). I have no idea how they got running water and sewage in these units.
Posted on 2/6/24 at 11:22 am to TejasHorn
Our rule is that if we can't find a place for it in the attic or shed, then we don't need it.
That said, if I had some bad arse classic car, I'd probably keep it in storage.
That said, if I had some bad arse classic car, I'd probably keep it in storage.
Posted on 2/6/24 at 11:25 am to Ash Williams
quote:
That said, if I had some bad arse classic car, I'd probably keep it in storage.
If I had a bad arse classic car I would want to use it or at least look at it lol.
Instead of putting it in a storage unit that I visit a couple times a year at most.
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