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Freedom Through Storage

65 members • Free

StorageAce

326 members • Free

18 contributions to StorageAce
Insurance
We are making it a requirement for all tenants to opt into our TPP but how do you handle tenants who have 2, 3, or even 4 units - do you make them insure ALL of their units? Thats a significant bump every month .. instead of just $12/mo on one units it would be $48 for all their units.. yikes.
0 likes • 3d
@Dave DeMink thanks Dave! We already use safelease for new customers but are now making it a requirement amongst inherited customers.. it’s time
0 likes • 3d
About 70
Off-Market Storage + Commercial Property Assignment Opportunity in IL
Price: $900,000 10.0% cap on AS IS income Total Size: ~35,000 SF 22,000 SF Traditional Self-Storage 6,000 SF Climate-Controlled Storage 550 SF Office 6,000 SF Commercial / Retail Space Financial Overview As-Is Performance: Gross Revenue: ~$150,000 Expenses: ~40% As-Is NOI: ~$90,000 Projected NOI (40% Expense Ratio): Year 1: ~$115,000 Year 2: ~$125,000 Year 3: ~$130,000 Year 4: ~$140,000 Strong yield with built-in organic growth 13.9% cap on Year-2 NOI Value Add Opportunities: Rents approximately 11% below market Ability to add tenant protection / admin / late fees No real marketing presence today No optimized website Signage significantly underutilized Opportunity to professionalize operations and improve collections Room to expand Market Fundamentals: 3-mile supply: 12 SF per capita 5-mile supply: 5.3 SF per capita 7-mile supply: 6.5 SF per capita Population: ~40,000 Median Household Income: ~$53,000 Flood Zone Disclosure: Property is partially shown in a flood zone - Surveyor believes a LOMA (Letter of Map Amendment) should not be an issue based on elevation data Deal Notes: Non-refundable earnest money required once buyer confirms interest and terms are agreed 📞 Interested parties, reach out directly: Direct Message here and/or call 585-351-1198 SERIOUS and QUALIFIED buyers ONLY
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Storage Operators - lets talk SIGNS
Our site does not have much room / its a very weird layout making a post mounted sign out front impossible. Our options are: vinyl banner sign affixed to the fence ($150) or a sign that will be placed on top of the roof of one of our buildings ($1700). Thoughts / opinions?
Davinci
can you use Davinci Locks under ONE account for multiple locations or do you have to register your different locations? Tying to save on an additional monthly fee.
0 likes • Dec '25
@Dave DeMink am i remembering correctly that you created your own davinci system?
0 likes • 26d
Ditto!
Operations
ideas on alternatives to having a unit dedicated to BOG stuff? Dont want to waste a unit on it.
1-10 of 18
Caitlin Lombardo
3
40points to level up
@caitlin-lombardo-8161
My husband Tom and I are self storage owner/operators looking to continue to acquire more facilities with the overall goal of time freedom

Active 3d ago
Joined May 7, 2025
Rochester, NY
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