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Owned by Shane
A community helping people break free from the rat race and build real freedom through self-storage investing.
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191.2k members • Free
49 contributions to Freedom Through Storage
1d •
Defining Your Buy Box!
This is a great video that may help you define your Buy Box... https://youtube.com/shorts/z5kj5iSfP00?si=7-4aT_kghZXXxJX7
0 likes • 3h
This guy is the real deal! Had the opportunity to see him in person and he certainly knows his stuff. Interesting that even though he could go after any size deal he wants to at this point, he still stays focused on his buy box. Learning to say no to deals that don’t fit is a huge skill and something I’ve had to work on myself. Thank you for sharing @Scott Speer !
3d •
Paining
Anyone have painting done recently and have a recent quote they can share on price per sf?
1 like • 2d
A fresh coat of paint can make a world of difference! Here is the most recent quote I’ve received for a ~11k square foot facility.
0 likes • 1d
@Terry Royce I have and it was a great experience. Painted a facility for us in Indiana.
3d •
Operations question
Hey Shane we’ve had multiple incidences where tenants “move out” and disable their credit card on file. They leave a bunch of shit but there isn’t any repercussion bc they’ve disabled their card. How do you handle this? We call and tell them there is a cleaning fee, etc. but what do they care since there is no way for us to charge? How do you go about this?
0 likes • 2d
We have gone through this at some point with every facility we’ve owned. Our “move out request” notice spells out very clearly that billing will continue until we’ve either received a picture of the cleaned unit or have inspected the unit ourselves. It also clearly stated the cleaning fee for any items left behind. If we do find the unit was not emptied, we’ll call the customer and offer 2 options: come finish cleaning out the unit or accept the cleaning fee. While this has worked a handful of times, there are of course customers that just turn off their card and disappear. I’ve always chalked this up as the cost of doing business and moved on. Up front deposits would help but I just don’t want to have to track them.
4d •
How to qualify a lead in 20 mins?
A bottleneck for me is keeping up with too many leads to underwrite and make offers on. My VA is bringing leads, but I can't keep up with them all. I spend too much time underwriting a deal, doing a market rate analysis, figuring out what value add there is and where an offer would make sense for me and it doesn't allow me to keep up with all of the leads coming in. How can I spend 20 mins instead of 2 hours determining if a lead is worth diving deeper into? I do some quick math using their revenue, applying a quick 35-40% expenses and then applying a 8-10 cap rate to give me a very rough value, but going one step deeper (but not as far as a full underwriting), what are others doing? Do you treat these all differently or qualify them differently? - on market vs off market deals - How do you determine if a deal looks like a deal you could wholesale - a 3-5 year optimize and sell - and a buy and hold?
1 like • 3d
Not sure how much info your VA is collecting but perhaps you can train them on a quick analysis underwriting (back of the napkin). Set your criteria and then the leads you do get are not only warm but fit into the initial buy box.
5d •
Podio CRM
Is anyone familiar with Podio (CRM) and can show me how to add and remove users? I'm hiring a VA and want to use my existing Podio CRM and have the ability to remove them, if necessary. I've researched on my own, but can't figure it out. Thanks!
0 likes • 3d
How long have you been using Podio?
1-10 of 49
@shane-chapin-8505
Helping people escape the rat race and build real freedom through self-storage investing.
Active 59m ago
Joined Dec 8, 2025
Kingsland GA
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