Tackling a Turnaround: Budding Self-Storage Owner Shares Fix-Up Plans for Third AcquisitionTackling a Turnaround: Budding Self-Storage Owner Shares Fix-Up Plans for Third Acquisition

For some self-storage investors, especially those who are just starting out, it isn’t feasible to buy a modern facility in top condition. In fact, lots of properties on the market are older and need work. That’s certainly the case with this facility purchased by budding industry owner Kyle Grimm. In this video, he walks you through his third acquisition, which is in desperate need of a makeover. Learn how he found the offering and structured the deal, the problems he intends to remedy, and his plans to spruce up and modernize. If you’re interested in pursuing your own fixer-upper, take this opportunity to learn about the process from an investor who says he’ll likely turn this facility around for a quick profit he can sink into a bigger deal.