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Freedom Through Storage

76 members • Free

6 contributions to Freedom Through Storage
Additional streams of income-
Congrats to @Mike Perkins and @Tammy Perkins for reaching out to tenants to see if they need more space and have rented additional units. When a tenant can’t keep up with rent, we offer a smaller unit- opening their bigger unit to be rented at the current street rates. We also charge for 24 hours access, additional fees for cutting locks, new locks, mandatory insurance, and we set up parking spaces with any extra space that we have. I would love to see what other owners/operators do for additional streams of income… look forward to the call noon! See you there! 🙂
2 likes • 4d
Charge phone payment fees. $3 (others charge far more) times 20 payments over the phone = $60 just for getting paid, and it DOES cost you more time and resources to accept a phone payment than an online payment.. so get compensated for the extra effort.
2 likes • 3d
@Andrea Chapin VA/Employee answering calls
VA Phone VOIP
For those that have or are using a VA, what phone VOIP are you using and how important is having texting ability?
2 likes • 4d
My VA/ assistant is located in the USA.. if you get one outside the USA just be sure the VOIP you choose allows overseas access.. or they will have to use a VPN.. and that can cause issues with voice calls. That being said... We have been using a service called Quo (former OpenPhone). and we love it. Unlimited everything and has some nice basic features that allow you to setup automated text mssg replys for missed calls, after hours calls, etc. And the price isnt bad either. We are using it for multiple numbers and business'
Allowing non-tenants at your facility-
Just curious…on a previous post by Ying, she had mentioned allowing possible “future tenants” to view the unit before making a decision. We don’t typically allow anyone on the lot to “preview” the unit. I’d love to hear who in the group does this… reasons for why you do, or why you do not. Do many people ask for this? Look forward to hearing your answers
1 like • 4d
We are similar to others.. this rarely happens, but when it does, we tell them to call us when they are at the location, we open the gate thru the software and watch them on our cameras, then we give them the door combo code for the unit they are viewing. if they dont rent we just have our local guy swap the lock on his next pass by..
📌 Live Q&A Recap | Rent Increases, Creative Financing & Ops Decisions
Today’s Freedom Through Storage Live Q&A was a strong operator-focused conversation around pricing discipline, creative deal structure, and protecting long-term value. We covered real scenarios owners and buyers are facing right now, including how to raise rents without blowing up retention, navigating sellers who won’t share full financials, and structuring deals in a higher-rate environment. Key takeaways from today’s call: • Raising under-market rents gradually without shocking tenants • Breaking large rent increases into phases to reduce churn • Moving deals forward even when full information isn’t available • Using contracts and DD periods to unlock seller cooperation • Presenting multiple financing options to sellers for leverage • Why seller financing is more common in today’s market • Expansion and unit mix considerations from a buyer’s perspective • Insurance cost control and avoiding over-insuring facilities These calls are designed to help you make better decisions faster, based on real operator experience, not theory. 🎥 Premium members can access the full replay inside the Live Coaching & Deal Breakdown Vault. If you want deeper execution support, deal structure guidance, and operational frameworks, Premium access unlocks the full library.
3 likes • 11d
Good call. My phone died during the insurance question, If anyone wants to hear a story about how insurance claims work on total losses .... I got a story!
Partnerships
I've only had one business partnership before and it went really well. It was someone I've known for years and was friends with. I know the saying is to grow is to partner with others. What are some insights or helpful mindsets for someone like myself who has always been hesitant on partnering with someone on a business venture. For reference, I'm referring to equity partnerships rather than private money/lending. I have no problem using OPM 🤣
2 likes • 17d
Try to do it alone if you are a detailed controlling person that likes to move fast, but it can limit your ability to grow with speed. When you find a potential partner.. try to spend time with them first, Take the person out for a nice meal, see how they treat other people. Do they thank the waiter when they re-fill their glass or do they complain about every small thing? They dont have to be "Mr.Nice Guy" but you also dont want someone who treats everyone like they are better than them. Honesty is the #1 thing to test for, and kindness is #2. Im sure others have their own vetting process.. But I dont want to be in business with a jerk.. I definetly dont want to be stuck in a long term partnership with one..
1-6 of 6
Keith Cantley
3
45points to level up
@keith-cantley-7823
Storage owner.. Software developer

Active 3d ago
Joined Jan 1, 2026
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