Last week, we started a series outlining what our construction company uses as a general outline for developing self-storage projects in today’s uncertain world.
This series aims to bring in a development project, or an expansion or conversion, in a manner that actually pencils out financially with current interest rates, material cost, and labor cost. It is a process you can use yourself if you choose to.
If you did not watch or read last week’s episode, start there. What we covered were the first two phases and, in many ways, the most important ones. Lots of money is wasted in our experience in these first two phases.
Let’s talk now about the two construction phases we utilize in our development process.
New to self storage? Start here: Mark’s free 3-part video series
Courses: The QuickStart Academy
Software: Storage World Analyzer
Books: The Creative Method of Wealth Generation · Creating Wealth Through Self Storage
Free tools: 5 KPIs ebook · 4 Critical Metrics · Cap Rate, ROI & IRR Calculator
Store: QuickStart Academy Store
Follow Mark: Blog · YouTube · Apple Podcasts · Facebook · X
