Question for the group- how soon after closing are you folks raising rents ?

Quick reminder… Our very first Inner Circle Mastermind call is happening next Tuesday, March 31st at 7PM ET. This is not a webinar. This is not passive training. This is where we get into real deals, real numbers, and real decisions. What we’re doing on this call: • Breaking down deals together • Helping you underwrite opportunities • Working through offer strategies • Talking through negotiation scenarios • Diving deeper into operations and execution If you’ve got a deal… bring it. If you’re stuck… bring it. If you’re unsure what to do next… bring it. Why this matters: I’ve seen it over and over… One question. One conversation. One small shift in how you look at a deal… …can literally save (or make) you tens of thousands of dollars. I’ve had a single answer on a call save someone $75K on a deal. That’s the level of conversation we’re having inside the Inner Circle. For Inner Circle Members: Be there live. This is where you get the most value. This is where things start to click. This is where you move forward faster. For Free Members Watching This 👀: This is exactly what happens inside the Inner Circle. Small group. Real conversations. Direct access. No fluff. If you’re serious about buying your first storage facility…this is where you want to be. Want In? You can upgrade and join us for the call here:👉 https://www.skool.com/thestoragementor Or if you want to talk it through first, grab a time with me here: 👉 https://calendly.com/shanewchapin/15min We’re just getting started with this… And the people who show up early are going to be the ones who move the fastest. See you on the call. - Shane The Storage Mentor Real operators. Real execution. Real ownership.

During underwriting, I'm using the occupancy rate to determine the current price. I'm using financial occupancy instead of the physical occupancy. Now how do you determine what the current occupancy rate is? Are you using the current month's occupancy rate or do you use the average of the trialing 12-months so you take the whole off-peak/on-peak seasons into account? Using only the current month's occupancy rate doesn't seem right (will depend on which month you are using), but I want to confirm.

Shane and I are very specific with what we look for while on location doing a site visit. We drive around the town and surrounding areas with an entire mental check list. I’m curious what everyone feels is the number one most important thing that you look for in a prospective area

A reminder: Comparison usually hides insecurity, not ambition. This week’s question: Whose success are you measuring yourself against right now, and how is that helping or hurting you? 👇 I’ll start the conversation.