Revitalizing an underperforming self-storage acquisition can be tricky, but it’s supremely rewarding when you can turn things around and transform a money pit into a profit-maker. In this video, owner Drew Pearson shares two of his own success stories, including how he raised net income by more than 50% and fire-drill-style challenges he faced in the first 60 days of holding these properties. He discusses the changes he implemented, as well as why bettering the customer experience and business standing within the community particularly makes him proud.
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