Perhaps one of the best advantages of self-storage is the very few ongoing capital expenditures that are required.
It is one of the main reasons I was initially attracted to this asset class.
However, how does one plan for the capital expenses a project will have, and how much are they?
Let’s discuss how I do it.
Our goal is to never use operating cash flow to pay a capital expense.
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
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