User
Write something
Pinned
Start Here - Welcome to Freedom Through Storage 🚀
I’m Shane Chapin (The Storage Mentor), and I’m excited to have you here! This community exists to help people break free from the rat race and build real freedom through self-storage investing. To get started: 👉 Go to the Classroom 👉 Open the Start Here course 👉 Follow the first few pages to get oriented Everything you need to begin your journey is inside that course. You’re not stuck. You're not behind. You're just getting started. Welcome to the journey! - Shane
Negotiating with myself
Here is the quick backstory... When we moved to town i looked up the local commercial brokers and started making some calls to introduce myself. I let them know who I am, what I do and what I am looking for. Then a few weeks ago I get a text from one of the brokers and they have a piece of land I am interested in and they are about to list it. He said he remembered me and wanted to give me a shot at it because I am local. 2 days later I sent an offer at 75% of asking price. Crickets for a week... I call him and he says we are too far apart for them to counter me and the timeline I was offering was too long (I tried to get this locked up for about 5 months!) So I tell him I am happy to shorten my timeline but as a development play I will need a decent window to work with. Then I send another offer at 85% of asking (a week ago) and still no response. To be honest, i am not 100% sure of what I would do with the land but the location makes me think I will have a handful of decent options. My thinking is to get it under contract, then figure the rest out. I am curious to hear from others on this...What would you do in this situation?
🚀 Looking for Strategic Partnerships & Development Opportunities
I’m a Senior Software Developer / Development Partner focused on building reliable, scalable, and business-driven digital products. I’m currently open to connecting with: • Agencies & companies: looking for an experienced developer or dedicated development team • CEOs, Founders & CTOs: seeking a technical partner to turn ideas into production-ready products • Businesses & individuals: who have a strong product or service but are struggling to turn it into sustainable revenue • Entrepreneurs & business owners: looking for a reliable technical partner to build, improve, and scale their business I can contribute across the full development lifecycle from architecture and MVP development to product improvement, integrations, automation, scaling, and long-term technical strategy. My approach is simple: Understand the business → identify the right technical solution → build efficiently → create measurable value. If you’re looking for more than just a developer a technical partner who understands both product and business let’s connect. 📩 DM me with your idea, project, or business challenge. I’d be happy to explore how we can work together.
0
0
Building your self-storage business but feel like your online presence
A professional website can make a huge difference when you’re trying to build credibility, attract opportunities, and present your business with confidence. A friend of mine who is an expert in website creation and redesign recently told me he’s building his portfolio and is looking to work with a few businesses that need either a brand-new website or a complete website revamp. If you’ve been frustrated with an outdated website, struggling to get your business online, or simply feel like your current site doesn’t represent the level you’re aiming for, this could be a great opportunity. 🙌 If you’re interested, drop a comment below or send me a DM. I’ll be happy to connect you with him and let you take it from there. Sometimes, getting your business to the next level starts with simply making sure people can see what you’re building. 💪
Cold Call Blueprint - Questions I always ask to uncover value
Monthly or annual REVENUE - gives you a feel for performance. NOT their NOI, as their NOl takes into account their expenses and your expenses will be different than theirs since you won't run it the same way they do. And sellers often/nearly always skimp on their expenses to make the business look more profitable than it really is. Occupancy - both physical and economic (if they know it) - tells you about the local demand for storage Any recent repairs or deferred maintenance? helps you account for any large issues that may have happened of that you need to account for in your underwriting to price the deal right Reason for selling - this one is gold. Often tells you how flexible they might be. How they manage it - software (which one?), on-site manager, mom & pop system like pen and paper in a binder or 3x5 cards in a drawer (yes I've spoken with owners who do this), etc. Are they open to seller financing (aka taking payments over time / holding a note) - this flexibility can help you achieve a higher purchase price or down payment... etc, helps you structure the deal to meet their "needs and greeds" with selling the biz. Do they own it free and clear? If they want to sell it for $1M and they have a loan for $600k, they'll only be able to seller finance $400k, so you can structure your offers taking into account that they cant seller finance more than the equity they have in the deal. And before you end the call, ask if you can email them your contact info and a little about you. It helps them see you as more human, and it gives you their email so now you can follow up automatically even while you sleep using Schedule Send in gmail (or other email service)
1-30 of 153
Freedom Through Storage
skool.com/thestoragementor
A community helping people break free from the rat race and build real freedom through self-storage investing.
Leaderboard (30-day)
Powered by