Gilford’s new red “barn”

[ishoot308]

I could kick myself in the butt for not investing in one of these years ago when I had the opportunity….These places are a big time money maker!

Once built they have very little overhead and require little manpower to operate on a daily basis…most all are full in the area!

Oh well….better luck next time!

Dan

[Biggd]

Originally Posted by ishoot308

I could kick myself in the butt for not investing in one of these years ago when I had the opportunity….These places are a big time money maker!

Once built they have very little overhead and require little manpower to operate on a daily basis…most all are full in the area!

Oh well….better luck next time!

Dan

Many of these renters stop paying at some point, after they realize they have already paid more for the rental than the stuff is worth.

[8gv]

Originally Posted by ishoot308

I could kick myself in the butt for not investing in one of these years ago when I had the opportunity….These places are a big time money maker!

Once built they have very little overhead and require little manpower to operate on a daily basis…most all are full in the area!

Oh well….better luck next time!

Dan

Maybe...

I believe all businesses look better from afar. I am sure there is aggravation in owning storage facilities. The only questions are how much and who gets aggravated.

If it weren't for employees and customers business would be easy!

[The Real BigGuy]

Originally Posted by 8gv

If it weren't for employees and customers business would be easy!

The one great truth in this sometimes ugly world!


Sent from my iPhone using Winnipesaukee Forum mobile app

[Biggd]

Originally Posted by The Real BigGuy

The one great truth in this sometimes ugly world!


Sent from my iPhone using Winnipesaukee Forum mobile app

To think you have to please people to take their money, what's this world coming to?

[codeman671]

Originally Posted by ishoot308

I could kick myself in the butt for not investing in one of these years ago when I had the opportunity….These places are a big time money maker!

Once built they have very little overhead and require little manpower to operate on a daily basis…most all are full in the area!

Oh well….better luck next time!

Dan

We own one facility in Dover and just closed on our second last week. They certainly are easy once up and running, but it takes time to fill up and they always come with a fair share of problem tenants/headaches.

No office at either facility, just a kiosk at one. The rest is handled by phone, email and internet. A web-based software package manages everything.

[Descant]

I've seen them advertised all over the place on 1031 Exchange listings. You can buy in without using it as an exchange. Generally good passive income, but no much liquidity, and some fees to the developer/manager.

[BroadHopper]

Originally Posted by ishoot308

I could kick myself in the butt for not investing in one of these years ago when I had the opportunity….These places are a big time money maker!

Once built they have very little overhead and require little manpower to operate on a daily basis…most all are full in the area!

Oh well….better luck next time!

Dan

Ask Al Mitchell, the billboard king. He is investing heavily in storage. He was the one who wanted to put storage buildings in the Weirs area. Last I heard he is investing $200,000 in more buildings! Don't know where.

[Weekend Pundit]

So a large red barn-looking storage building isn't keeping Gilford's small town feel? Really? Does that mean you're fine with the big boxy buildings over at the storage located on Gilford East Drive and would like to see the same thing across from Walmart?

The Planning Board did its due diligence, had public hearings of which a number of people, including abutters, asked questions and spoke about the project.

Not one of them objected.

I think people would at least wait until the first building is completed to see if it is or is not in keeping with Gilford's small town feel. Judging based upon the half-built appearance is a bit premature, isn't it?

Heck, I wish the storage buildings elsewhere in town looked more like the new one being built.