Want to Make a Fast $50K? Or More? An Investor Shares His Approach to Increasing Self-Storage Value

May 23, 2024

There are thousands of self-storage facilities nationwide that are rundown or mismanaged. These decrepit sites are just begging for an astute and eager investor to come along and see their potential. It’s a sensible strategy, too, as the right injection of improvement capital can significantly increase asset value. In this video, owner Kyle Grimm explains why these properties provide the perfect opportunity to boost equity in a meaningful way … fast! He walks you through an example of how he created $50,000 in equity in a newly purchased facility by giving it a much-needed facelift, increasing rental rates and trimming operational costs. Find out how you can do the same!

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