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An Easy Solution That Just Might Make An Expansion Deal Work
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Manage episode 455533338 series 3349329
How many times have you found a self-storage expansion deal, calculated the expansion amount you can add to the facility, run the numbers, and it still does not work because you can’t get enough new square feet in the project?
This has happened a number of times to me.
Given the current pricing of existing facilities and construction costs, it can be challenging.
Let me tell you a trick I have used. And I will do so by an example.
**Online Courses at The Quickstart Academy** https://TheQuickStartAcademy.com/
**Listen on Apple Podcasts** https://podcasts.apple.com/us/podcast/creating-wealth-through-self-storage/id1588425875
** 5 KPIs we measure** https://creatingwealththroughselfstorage.lpages.co/top-5-kpi-ebook/
**My blog**
Creating Wealth Through Self Storage
**Facebook** https://www.facebook.com/markhelmselfstorage/
**Twitter** Tweets by MarkHelmSelfSt
**The Storage World Analyzer** http://storageworldanalyzer.com/
**The QuickStart Academy Store** https://quick-start-academy.myshopify.com
137 episode
Fetch error
Hmmm there seems to be a problem fetching this series right now. Last successful fetch was on December 15, 2024 03:26 ()
What now? This series will be checked again in the next day. If you believe it should be working, please verify the publisher's feed link below is valid and includes actual episode links. You can contact support to request the feed be immediately fetched.
Manage episode 455533338 series 3349329
How many times have you found a self-storage expansion deal, calculated the expansion amount you can add to the facility, run the numbers, and it still does not work because you can’t get enough new square feet in the project?
This has happened a number of times to me.
Given the current pricing of existing facilities and construction costs, it can be challenging.
Let me tell you a trick I have used. And I will do so by an example.
**Online Courses at The Quickstart Academy** https://TheQuickStartAcademy.com/
**Listen on Apple Podcasts** https://podcasts.apple.com/us/podcast/creating-wealth-through-self-storage/id1588425875
** 5 KPIs we measure** https://creatingwealththroughselfstorage.lpages.co/top-5-kpi-ebook/
**My blog**
Creating Wealth Through Self Storage
**Facebook** https://www.facebook.com/markhelmselfstorage/
**Twitter** Tweets by MarkHelmSelfSt
**The Storage World Analyzer** http://storageworldanalyzer.com/
**The QuickStart Academy Store** https://quick-start-academy.myshopify.com
137 episode
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