03/01/2021
Great discussion here. We're currently working with a storage business in V.A. who did this and it's a great starting point! The facility already has some tenants but is ripe for growth with a few upgrades (including online authority). 🙌 We'll be sharing their story soon, but this conversation will be a great starting point!
There are many great opportunities for investment. One that sometimes gets overlooked is purchasing a site that needs help. Perhaps it's older and requires upgrades, or it's been mismanaged. How do you know if the business can be turned around and made profitable? Members of Self-Storage Talk, the industry's largest online community, discuss what factors are in play when thinking about buying a troubled business. Have you purchased a "diamond in the rough"? How did it work out? https://bit.ly/2NJ6Ywq