Have you given much thought to buying an existing building and doing an interior conversion? Takes away a lot of the problems associated with ground up Construction.
@TheSelfStorageGuy
4 жыл бұрын
Hey Victor, yeah that's something I'm interested in and looked for in this market as well but there were limited opportunities.
@denislando9546
3 жыл бұрын
How much is construction cost for this ?
@gabeguerra7106
4 жыл бұрын
I have found land on a perfect location, unfortunately it only has 2.11 acres. Would this be a good investment for a first site, first investment in this business. I still work a full time job.
@TheSelfStorageGuy
4 жыл бұрын
That's a tough call Gabe with very little info. Sometimes 2-3 acres may be fine in a densely populated area where you need to build up instead of out. Whether you could make this happen while working full time depends on the strength of the market and whether you have the experience/resources to pull it off. I would always start with a feasibility study for any new development project. Bob Copper with Self Storage 101 could do this or Issac Rothermel with TSB Capital Advisors
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