To Renovate…Or Not to Renovate My Facility….That Is The Question - 238

There is no doubt about it, if you are in the self storage business, there will be a moment in time when you ask the question” Should I renovate my facility?

”

For many of us it is when we are looking to purchase and older project and we want to reposition it and or expand it. That is usually my situation.



For others, it is after years of running it and reaping the cash flow. At some point we show up, turn on the lights, and realize our facility really looks tired and used compared to the others close by.



We have that moment of clarity when we think, “…why would someone rent here when right down the street is a brand new facility?”



Let’s look at what to renovate, some cost, but most importantly, how do you decide what to do.


Over the last four weeks, we have been studying What It Takes To Succeed In Self Storage Today.

It is not what you know, but it's your mindset that determines your success in self storage.

Now, let's look at the final mindset. I saved this for last because dealing with this mindset is the most challenging.

But here are three ways that are easy, will support you, and make the difference.

**Free List of Self Storage for Sale Websites :
-This blog post:
-Facebook:
-Twitter:
-The Storage World Analyzer:
-The QuickStart Academy:
-The QuickStart Academy Store:

self storage investing,self storage investing for beginners,self storage investing biggerpockets,self storage investing scott meyers,self storage real estate investing,self storage,real estate investing,self storage business,real estate,self storage investment,real estate investment,buying self storage,investing in real estate,self storage investments,