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4 contributions to StorageAce
Introduction
Hey everyone, my name is Jeff. Iโ€™m excited to be here and ready to learn. Iโ€™m currently working on building new income streams and creating more financial freedom in my life. Storage facilities caught my attention because of the long-term potential and scalability, so I decided to dive in and really understand how this business works. Right now, Iโ€™m focused on learning the fundamentalsโ€”how to find deals, analyze numbers, and eventually acquire my first facility. Iโ€™m not afraid to start small, I just want to start smart. Looking forward to connecting with others here, learning from your experiences, and taking consistent action. If you have any advice for someone just getting started, Iโ€™m all ears. Letโ€™s grow ๐Ÿ™Œ
2 likes โ€ข May 11
@Stacey Gorman thank you. I know you have a lot of knowledge. That's awesome. I wish I would have started in my younger years.
0 likes โ€ข May 11
@Scott Speer thank you.
First Facility
We closed on our first facility. Thanks to everyone in the Storage Ace community who gave some guidance along the way. I've been in residential real estate for over 30 years and thought it would be somewhat of an easy transition into self storage. That definitely was not the case. Finding the deal was the easy part (for me). But I didn't realize how much I didn't know about self storage and how much is involved after you get the deal under contract. (The following is an unsolicited endorsement). Once I got the facility under contract I joined Dave's coaching group. I decided that I didn't want to waste time trying to figure it out on my own (which I tend to do). Of all the classes, conferences, groups I've joined or spent money on over my real estate career, this by far was the best money I've ever spent. Dave, Ken & the group helped me get to the closing table. Without their assistance I would've been lost trying to put everything in place to get the facility online and start the process of turning it around. As I mentioned before, there is A LOT I didn't know about storage. A lot of details (most of them simple processes) that if you weren't aware of could cost you a ton of time and money. Dave helped with all of that and continues to help as we get this thing rolling. If you're new, serious about getting into self storage, and serious about closing on your First Facility I would highly recommend checking out Dave's coaching class so you can cut to the front of the line and get that first deal. Time to find another one...
First Facility
2 likes โ€ข May 11
Congratulations Britt!
1 like โ€ข May 11
@Allen Wallace Welcome Allen! Great to see you in here!
Mom and pop owners with no electronic records
How concerned should I be about a facility that does not have the electronic records that we're used to seeing from management systems? The property is being sold by a broker who has created a nice OM. However, the limited info that they got from the older owner was handwritten on notebook paper. I can tell the owners are an older couple that are not tech savvy. How do you go about verifying income, rent roll, and etc? What pitfalls to lookout for?
1 like โ€ข May 11
Thank you for sharing and the question Tommy. I would not have know that would still be a practice in this day and time.
1 like โ€ข May 11
@David Johnstone Wow!
Cinco De MAyo
Cinco de Mayo marks the Battle of Puebla. Where a smaller, less-equipped force beat a much larger army. Underdogs win more often than people think. Same applies in business. The biggest players donโ€™t always have the advantage. Happy Cinco de Mayo ๐Ÿ‡ฒ๐Ÿ‡ฝ
Cinco De MAyo
2 likes โ€ข May 5
Yes, they do. I have experienced that playing and coaching football.
1-4 of 4
Jeff Green
3
43points to level up
@jeff-green-4938
"But seek first the Kingdom of God and His Righteousness, and all these things shall be added to you.

Active 8d ago
Joined May 1, 2026
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