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5 contributions to StorageAce
Wholesalers ..
Who’s has a list of all the wholesellers or can list them below and we can start a list 🤩
Open Discussion ?!? - Help Me Out
Beginning my Journey — What tools help out with Hunting for Storage & Why? Love learning everything about this industry —
Louisiana Facility Site Visit - Day 2 of 3 Update:
Today was all about meeting and getting to know the current BOTG and getting contractors' insights on the condition of the roofs and building structures. The most helpful parts of the day were learning from 2 roofers (who both also did general construction) about the condition of the buildings and roofs, and getting open and honest feedback from Judy (the current boots-on-the-ground) and her husband who live onsite about how things are run. Roofers / General Contractors: I had two roofers who are also general contractors come by to inspect the roofs. Rookie mistake on my end—their arrival times overlapped, which made it obvious they were bidding against each other. Thankfully, they were cool about it. After chatting with each other, one of them actually backed out of the bid because he liked the other's idea of coating the roof instead of replacing it. He doesn't do coatings, but the other guy does, so I’m moving forward with a quote from the one who does coatings. He’ll give me an itemized quote this week, but they both seemed really concerned about the condition of the roof. Property Condition: This place is in rough shape. Ricky, the current owner, runs it on an ā€œif it ain’t broke, don’t fix it—and if it is, fix it as cheaply as possible, even if it’s not the recommended way to fix itā€ approach. Ricky’s go-to handyman does things as cheaply as possible because that’s what Ricky tells him to do, even knowing it’s not the best way to resolve the issues for the long term. There's certainly no preventative maintenance being done. Feedback from Judy (BOTG) and her husband: I spent about an hour with Judy and her husband—they were super candid and could’ve talked for hours. Judy seems great at her job, well-liked by customers, and seems to genuinely care. But she’s frustrated. Ricky ignores her repair requests so often that she’s stopped reporting issues altogether. Here’s what they shared: - There’s been little to no capital invested in the business over the 24 years he’s owned it, and now all that deferred maintenance is catching up and likely expensive, major repairs are overdue.Ā 
Louisiana Facility Site Visit - Day 2 of 3 Update:
0 likes • Mar 26
🤩🤩🤩🤩
Self Storage Conversions
Any software that Scraps Off Market Buildings/Listings for that would be Suitable for Self Storage Conversions? Any software that shows Populations Growth Areas or Residential Building Growth?
Onsite Visit - What I learned
I just returned from my site visit to a storage facility I'm working to get under contract (owner wants to meet the buyer before going under contract), and I wanted to share some key lessons I learned: 1. Open Every Unit You Have Access To: It was valuable to open every unit firsthand to identify potential issues. This showed me how many doors need maintenance or repairs—whether it's greasing, spring adjustments, replacing the door sweeps and the rubber along the sides of the doors, or fixing doors that don’t coil properly. Out of the 40-50 units I could access, I'd say half need some type of maintenance more than just being re-greased. They all need to be re-greased. This also showed me areas inside units with metal deterioration, corrosion, and signs of water intrusion. 2. Hire Experts with Trained Eyes: Having the right professionals on-site is invaluable. They notice details you wouldn’t catch. They're experts in their field. They do this daily and they have extensive training in their fields. - The General Contractor spotted numerous foundation and structural issues that I wouldn’t have noticed. He turned out to be one of the most valuable people to have inspect the facility—maybe second only to the forensic roofing specialist I brought in. - The forensic roofing specialist with 48 years of experience was incredibly detailed and thorough compared to the second roofer, who took a much more casual approach and didn’t appear to inspect as thoroughly. 3. Always Get Multiple Opinions on Big-Ticket Items: For major repairs, multiple quotes can make a huge difference. For example: - Electrical Work: A highly-rated electrician on Google quoted me $10K to replace the electrical panel (supposedly due to corrosion) and to install trenched wiring to provide the power sources to hook up and automate the two gates. The owner’s recommended electrician came out and said the panel was in great condition, with 10-15 years of life left. He explained that the first company operates on commission and aggressively upsells unnecessary work. The owner’s recommended electrician quoted $3K—a much better experience and a massive cost savings.
Onsite Visit - What I learned
1 like • Mar 21
Great Stuff šŸ™Œ
1-5 of 5
Kaleb Knight
2
12points to level up
@kaleb-knight-6882
Kaleb - Georgia

Active 3h ago
Joined Mar 20, 2025
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