364. The Ultimate Guide to Setting Up a Self Storage Facility (First 30 Days)

Buying a self storage facility is a major milestone, but closing the deal is only the beginning. The real work starts when you take over self storage operations.

When closing day finally arrives and you get the keys, it’s easy to feel overwhelmed by everything that suddenly lands on your plate. But in those first few weeks, one overlooked detail or mistake could set your self storage business back thousands of dollars.

We want to help you avoid exactly that. Today, we’re giving you the ultimate checklist—a full laundry list of things to do before and immediately after you close.

Follow these steps to fully stabilize your self storage facility and have it running smoothly in roughly two to four weeks. We’re covering all of your first steps—everything from setting up your property management software and transferring crucial tenant information to putting utilities in your name and much more.

These details are easy to overlook if you’re not careful, and the consequences can be severe. Consider this your cheat sheet for taking the reins and getting your facility firing on all cylinders!

What you’ll learn in today’s show:

• Our complete checklist for setting up your self storage facility (in 30 days)
• The most crucial steps for mastering self storage operations
• The biggest mistakes new self storage investors make when buying a facility
• What should happen on day one after taking over a self storage facility
• How to get your next facility running smoothly within two to four weeks

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Grab AJ’s Book, Growing Wealth in Self-Storage 2.0 https://www.amazon.com/Growing-Wealth-Self-Storage-2-0-Post-Pandemic/dp/1735258865 

Join the Self Storage Income Community to learn how to buy, build, and scale your self storage portfolio: https://www.selfstorageincome.com/learn-yt?el=pc-episode-364 

Learn more about Hummingbird - https://www.tenantinc.com/products/hummingbird