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31 contributions to StorageAce
Environmental
For those who've acquired properties with prior auto body/gas station history — did your lender require a current Phase I or Phase II, or did they accept older reports with a reliance letter? Has anyone successfully gotten an environmental firm to issue an updated reliance letter on a 13-year-old report rather than doing a full new Phase I or Phase II? What did that cost and how did it go over with the lender? What else should be considered before acquiring?
2 likes • 15d
I have not done this personally, but one if the clients in my FIRST FACILITY program had a deal killed because the bank did require a phase 1 and the current seller refused to pay for it. You bank will do their DD and the likelihood f you having to get a phase 1 done is really high
Reviews
Hi All! We closed on our second facility last week and are hoping to get some positive reviews going on our google page. Would love to return the favor for anyone that leaves a review and will be eternally grateful! Thank you https://share.google/y9Z3jScVNKiKEqCtP
1 like • Mar 6
Done....congrats @Caitlin Lombardo
Nice to meet in person
It was nice meeting up with @Jeff Spaulding at the Texas Self Storage Association Luncheon in Houston yesterday. I should have taken a photo like Scott Speer normally does. You'll have to take my word for it. Looking forward to working and learning together in the future.
0 likes • Feb 25
AMAZING - love hearing and seeing Acer's in the wild!!!
SSA and ISS Events this spring!
Hey Aces... A couple FYI's if your looking to expand your knowledge in Self Storage, meet some great people and many vendors... For 2026, the Self Storage Association (SSA) event that in past years was often held in Las Vegas in April has shifted on the national calendar: the SSA Spring Conference & Trade Show is now scheduled for March 18–20, 2026 and will take place at the Henry B. González Convention Center in San Antonio, Texas — not Las Vegas. Separately, the large Inside Self-Storage (ISS) World Expo — a major industry trade show frequently held in Las Vegas in April — is still being held in Las Vegas this year (April 7–10, 2026) at the Caesars Forum Conference Center.
0 likes • Feb 6
I will be attending both.....maybe its time for a StorageAce Meetup?
Insurance
We are making it a requirement for all tenants to opt into our TPP but how do you handle tenants who have 2, 3, or even 4 units - do you make them insure ALL of their units? Thats a significant bump every month .. instead of just $12/mo on one units it would be $48 for all their units.. yikes.
1 like • Feb 4
@Caitlin Lombardo - love that you will create a $100k of net worth by clicking a couple buttons in your software
1-10 of 31
Dave DeMink
3
28points to level up
@dave-demink-7706
Owner/Operator of 9 Storage Facilities helping you find time and financial freedom through storage.

Active 2h ago
Joined Mar 26, 2025
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