The old way: someone finds a storage facility, gets excited, builds a full spreadsheet, spends hours underwriting — then discovers the market can't support the rents. Deal's dead. Hours wasted. On to the next one. There's a better way. Before I ever do a full underwrite, I run a quick analysis first. And a big part of that quick analysis is a market analysis — understanding what the market will actually bear before I touch a spreadsheet. Occupancy rates, street rates, competition density. The market tells you things numbers on a page never will. If the market doesn't support the deal, no spreadsheet is going to fix it. I built a simple tool for exactly this step. It's called the 5-Minute Storage Deal Analyzer — and it walks you through the quick analysis process so you can screen deals fast and stop wasting time on deals that were never going to work. Grab it here: https://join.storageace.io/5-minute-storage-deal-analyzer Once a deal passes the quick analysis, then I go deep. That's when full underwriting is worth your time. Stop spending hours on deals that fail in the first five minutes. Self Storage Power Hour is TODAY at 10am MST — come learn live: https://us06web.zoom.us/j/89654514255?pwd=txJtbav30mochXjderlUSzbpo6bntF.1 Dave "8 Facilities. Zero Guessing." DeMink

Just toured a facility and noticed something interesting… The units are built out with wood / plywood walls instead of metal panels. I uploaded a picture for reference 👀 Curious how others here think about this: 👉 Do you typically buy facilities like this? 👉 Have you upgraded wood interiors to metal, or left them as-is? 👉 Does this impact tenant quality, rents, or insurance in your experience? My initial thoughts: - Feels more like an older / mom & pop build - Could be value-add… or could mean future CapEx - Not sure if it’s worth converting everything or just improving what’s there Would love to hear from anyone who’s actually dealt with this. How do you approach a facility with wood-built units? @David Johnstone