Doing some DD on a facility in a rural area. People around there use Spectrum for internet. I'm looking at the pricing and wondering which plan I would need. See below. From my research, it's not so much the download speed that matters but the upload speed for clearer and smoother videos. How do you determine how many cameras are needed and what internet speed? Also, I've heard of others using Starlink. Wonder if that's an option and how much that would be.

Hey everyone, my name is Jeff. I’m excited to be here and ready to learn. I’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, I’m focused on learning the fundamentals—how to find deals, analyze numbers, and eventually acquire my first facility. I’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, I’m all ears. Let’s grow 🙌

Looking at a facility in a tertiary town. It's one of only 2 facilities in the 7 miles radius. The only competition is 90% full, but they are right in the middle of the town whereas my facility would be a mile outside of town and currently about 70% full even with current lower prices. The competitor is also near the main street, and the traffic pattern does not come towards my facility. Trying to get an idea about how aggressive I can be raising the rent and also if I can get to the same rate as the competitor in a location that is not as good as theirs.

How much value do you give to Unit Mix? I'm looking at a facility that is 95% a particular size. Competitors do not have this same size. Occupancy for this size is 88%. There are only a couple of handfuls of other sizes and half of them are rented out. Should there be any concerns of being too dependent on that one size making up the unit mix?

A bottleneck for me is keeping up with too many leads to underwrite and make offers on. My VA is bringing lots of leads, but I can't keep up with them all. I spend too much time underwriting a deal, estimating expenses, doing a market rate analysis, figuring out what value add there is and where an offer would make sense for me and it doesn't allow me to keep up with all of the leads coming in. How can I spend 20 mins instead of 2 hours determining if a lead is worth diving deeper into? I use the range finder to quickly come up with a rough value of the biz based just on 35-40% expenses and applying a cap rate, but going one step deeper (but not as far as a full underwriting), what are others doing? I do some quick math using their revenue, applying a quick 35-40% expenses and then applying a 8-10 cap rate to give me a very rough value, but going one step deeper (but not as far as a full underwriting), what are others doing? Do you treat these all differently or qualify them differently? - on market vs off market deals - How do you determine if a deal looks like a deal you could wholesale - a 3-5 year optimize and sell - and a buy and hold?