Quote:
Originally Posted by look 171
I think they are gold mines, but they are $$$$$$$ to own. Overhead is very low and many of them have a live in manager. The one we use has one. own one in a dense populated area can be very profitable as space are very limited in the city.
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Just brainstorming at this point, when I retire I would be the manager but live close by but not on premises. I wonder what code/license issues there might be?
Quote:
Originally Posted by KevinP73
There is some downside. People go broke or lose their jobs and rent on storage is the first thing to suffer. Here in LA you have to be watchfull of people taking up residence in storage units. Drug labs are prevalent also. Not the biggest problems in the world and may be less trouble than renting homes.
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Well, they sign a contract, no rent and out come the bolt cutters and you stuff is mine (or the salvation army if it is not worth anything).
The drug/illegal/hazardous substances would be the big worry.
However most of the people I know, no... make that all the people I know that have a storage unit just stuff it with crap they can't bear to part with.
I figure I would watch the initial loading and have CC cameras, probably install sprinklers. I have heard drug labs stink to high heaven so I think that would be easy to detect.