[HardDrive]

Jimmy Hoffa!

Originally Posted by biosurfer1

I know the regional manager of Public Storage for the west coast. He says they are absolute cash cows, but the hardest part was already mentioned... They rarely come up for sale unless you have the inside track. The ones you do see for sale have astronomical prices or there are other issues.
99% of the work is just getting the tenants in, laziness keeps them there. That is why you see so many, "1st month free", "Free truck use" etc.

Funny (scary?) story he told me once. He was helping the owner of a mini storage once do work on a unit which required cutting into the wall between an adjacent unit. The owner said he was curious what was in the unit since it had been rented for 18 years, always paid on time but never, ever saw the person who owned it. Checks came from out of town, thought maybe moving stuff was stored, or who knows. The owner tried to contact the owner to get approval since the wall was part of his unit. After no response, they went about the work. My friend said they could see inside just enough to see the ONLY thing in the unit was a refrigerator, sitting in the middle of the unit, not plugged in, just sitting. Without any cause to investigate further, they simply finished the work, closed up the wall and didn't ask questions. Creepy for sure. Never did find out if that was still going on or anything came of it.