User
Write something
💰 Self Storage Power Hour 💰 is happening in 6 days
Pinned
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
Pinned
Check out this storage win 👇
Hello, StorageAce Fam - I just shared something on Facebook that I think you’ll want to see. Back in April, I closed on Beckley Mini Storage.Six months later → revenue is already up over $4,000 per month. That single change created about $600,000 in new value. And here’s the kicker…I pulled the screenshot straight from my facility management software and posted it. No fluff, no theory — just the real numbers. 👉 https://www.facebook.com/demink/posts/10162213977617153 If you’ve ever wondered what this game looks like in real life (not just in theory), this is it. Talk soon, Dave P.S. The chart says it all. Go take a look.
Best Website Platform for Self Storage + Online Rentals?
Hey everyone, quick question for those already operating self-storage facilities or who’ve gone through a website setup recently. I’m looking for recommendations on the best website platform/company for a storage facility website. My main priorities are: - Easy online rentals/reservations - Online payment processing - Ability for customers to easily manage their account - Mobile-friendly site - Good SEO / Google visibility is a plus I’d also love to hear if there are any features you wish you had added sooner that helped operations run smoother. Also, for business email, do you prefer using a Google Workspace/Gmail address tied to your domain, or have you had better luck with something like Outlook/Microsoft? Trying to build this the right way from the start, so any recommendations (or companies to avoid) would be super helpful. Thanks in advance!
Internet speed needed for security cameras
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.
Internet speed needed for security cameras
Most Investors Skip This Step — and It Costs Them Deals
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
1-30 of 397
StorageAce
skool.com/storageace
StorageAce empowers you to build a cash-flowing self-storage portfolio, offering tools and systems for financial freedom on your terms.
Leaderboard (30-day)
Powered by