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Posted on 2/5/18 at 5:07 pm to weagle99
My friend owns four locations in different areas in the south east part of the state. I've never talked specifics, but I've heard from other friends that it's a cash cow and he is doing very well.
I know at one location in addition to the normal units there is a local government entity that stores vehicles, a few boats, and other stuff with him.
I know at one location in addition to the normal units there is a local government entity that stores vehicles, a few boats, and other stuff with him.
Posted on 2/5/18 at 5:26 pm to weagle99
Profit Baw
Posted on 2/5/18 at 5:32 pm to Chad504boy
quote:
hey pay to store stuff that costs more money than the value of shite stored.
I feel like eventually people are going to wise up to this fact and it will kill the storage unit industry.
But maybe I'm putting too much faith in people.
Posted on 2/5/18 at 5:48 pm to weagle99
Because I can take a chunk of land and turn it into a building that pays close to $1/sqft. Cheap construction costs considering most of them are just corrugated metal, a bit of insulation, and one light bulb per unit. Cheap overhead considering you just have to pay maybe 2 people to stay at the counter and a maintenence man. You can get even more out of it running truck rentals.
Pretty boring business venture but its a reliable source of income if you put it in the right area.
Pretty boring business venture but its a reliable source of income if you put it in the right area.
Posted on 2/6/18 at 3:14 am to Chad504boy
I've been paying on a storage unit in another state for 9 years. Not a damn thing in that unit is worth anything at this point, it is a non climate controlled unit in a place that gets 110 degrees on the regular during the summer.
$55/mo I just light on fire each month.
I've been back to that town at least 10 times, just never wanted to deal with the hassle of cleaning it out and putting all that nasty shite in my nice car.
Planning on getting it taken care of sometime in 2018. I'll bump the thread when I do.
$55/mo I just light on fire each month.
I've been back to that town at least 10 times, just never wanted to deal with the hassle of cleaning it out and putting all that nasty shite in my nice car.
Planning on getting it taken care of sometime in 2018. I'll bump the thread when I do.
Posted on 2/6/18 at 6:13 am to Big Sway
quote:
ROI is higher for lower initial investment.
Radio on Internet?
Posted on 2/6/18 at 6:20 am to IllegalPete
Yes, report back ASAP! I'll be on pins and needles until then!
This post was edited on 2/6/18 at 10:38 am
Posted on 2/6/18 at 7:13 am to weagle99
people paying to store crap they should throw away
Posted on 2/6/18 at 8:41 am to weagle99
I put a Storage pod from Attic Plus in my yard for a few months while renovating my garage, clearing furniture out of the house, painting interior, and shoving “stuff” from my house and garage into it.
Big garage sale is planned in March. Whatever is left gets donated and the temp Pod is sent back.
Big garage sale is planned in March. Whatever is left gets donated and the temp Pod is sent back.
Posted on 2/6/18 at 8:42 am to weagle99
bc banks are closing. no one is going to them anymore
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