Webinar - Self Storage FAQs

In this Webinar, we covered a range of topics primarily focusing on:
1) Overview of the self storage industry as a whole
2) Who uses self-storage, and why
3) Why investing in self-storage is what we prefer, vs multifamily investing
4) Why Canadians should invest in Florida vs Ontario
5) Why we choose Port Charlotte and this location for the upcoming storage facility
6) Frequently asked questions we get such as:
How to know if there is enough demand in an area for a facility to be developed successfully
How we mitigate risks
What risks we transfer (such as via an insurance company)
What risks we accept (things out of our control)
What risks we avoid and how
What risks LPs take on as investors
Risks of inaction, or risks of not investing in self-storage
What happened when 2 hurricanes hit Nick and Jake's properties in Florida and Texas
Rental rates and how to use them to increase onboarding rate, and reduce churn
Expense ratio for self-storage, vs residential
Cost per sq/ft to build self-storage, vs residential

We'll be having another webinar in the coming weeks, with Barry Sherman on. Barry has 30+ years of experience in the self storage space, and has worked on 300+ facilities.

Hope to see you on the next one!