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How a Self Storage Facility CONVERSION Works (Full Tour!)

Blog Post: https://retipster.com/self-storage-co... Self Storage Investing Library: https://retipster.com/category/self-s... Join Our Community: https://retipster.com/follow/?utm_sou... 00:00 - Tyler’s Self Storage - How did he do it? 02:05 - How did you decide on the unit mix? 03:22 - Why not just have different doors directly into the units? 04:15 - What is a climate-controlled storage facility? 04:50 - How to enter the facility with simplified management and control? 06:36 - Who helped you to set up the security system? 08:50 - How much did it cost to install all 78 units? 10:03 - How to set up efficiently climate-controlled units with Mini Splits 11:14 - How to determine how much should you charge for renting one unit? 12:28 - How do you convince somebody to come to your self-storage facility? 13:52 – What was Tyler’s goal with doing this? 14:34 - Property management: Use a company or do it by yourself? 16:53 – With the system in place, what if the code doesn’t work and you can’t enter the facility? 18:15 - How much does the fence around the perimeter cost, and how vital is it? 19:31 - How long did it take to get from start to finish? 20:47 - What was this site zoned as before you bought it? 22:13 - What to do with the other free space on your site to get the maximum benefit? 24:58 - Why couldn't you do outdoor boats and RVs? 25:45 - Do your competitors offer RV and boat storage? 26:07 - Does RV and boat storage pay less money? Our friend Tyler just converted an old pole barn to a 10,000-square-foot, 78-unit self-storage facility. In this video, he gives us a guided tour through the newly renovated building and explains: - How he did it - How long it took to get from start-to-finish - Some of the challenges he had to overcome along the way Some of the companies mentioned in this video are: - Janus International (https://www.janusintl.com) - Easy Storage Solutions (https://www.storageunitsoftware.com) (This is not a paid endorsement of either company - they just happened to be the contractors and service providers that Tyler worked with.)