I'm traveling in NC moving my daughter back into college and I'll see everybody next week Meantime, check this out (if buying storage is something you are REALLY interested in): https://youtu.be/O5uT6gfYAmc?is=j6EDYskBRY-q2RQK Then, check this out: https://www.storageace.io Dave

Question for self-storage owners/operators: If you acquired a mom-and-pop facility that had: - no website, no Google Business Profile, no security cameras, no automated gate, minimal lighting What order would you prioritize improvements in? Part of me thinks: Create the Google Business Profile first (since it’s free) Build a basic website Implement management software/system Add cameras Add automated gate + improve lighting But I also wonder if putting photos online before adding security features could hurt customer perception and reviews. Curious how experienced operators would approach this operationally and from a marketing/customer trust standpoint. What would be your first move?

Bank for your facility - Dave has mentioned a few times about the bank he uses for his storage business. Not for loans but for checking/saving. Does anyone remember the name of that bank? I think it might be an online bank. Any other suggestions, please let me know.

Last week's Power Hour is now available - and got into one of my favorite deals to talk about: the Southern Colorado facility where I got an offer accepted at $1.21M... and ended up closing at $825K. I walk through exactly how I built the context for my original offer (the stuff that gets brokers to actually go to bat for you with the seller), what I found when I finally set foot on the property, and how that turned into a half-million-dollar retrade with 5.5% seller financing and zero payments for a full year. We also got into a bunch of the questions I get asked constantly: what down payment you should really expect on your first deal, why "square foot per capita" can completely lie to you if you don't dig deeper (with real examples from my own facilities), when a feasibility study will save you from an expensive mistake, and the story of how one of our coaching clients turned hail damage into an $8K purchase. If you're anywhere in the process of finding, underwriting, or negotiating your first facility, there's something in this one for you. Recording and full written summary here — drop your questions or your own "found it on-site" horror stories in the comments.

I have a question about evaluating self-storage markets. If I find a facility where the 3-mile radius has favorable square feet per capita, would you still consider it a strong acquisition opportunity even if the overall metro or larger city is considered oversupplied? I'd love to hear how experienced operators think through this.