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Day in the Life of a Storage Facility Owner

Автор: Carter Crowley

Загружено: 2025-06-07

Просмотров: 22901

Описание: Ever wondered what it’s like to run a self-storage facility? In this video, I take you behind the scenes for a full day in the life of managing storage units in Wisconsin — from handling tenants and payments to prepping units for auction and finding creative ways to maximize revenue.

We’ll dive into the real, unfiltered work that goes into keeping a storage business running smoothly. You’ll see what tasks fill the day, the systems we use, and how we deal with delinquent tenants and abandoned units.

🛠️ What You'll Learn in This Video:

⏰ Daily Operations Breakdown

Processing rent payments & sending late notices

Tenant communication & lease management

Unit clean-outs & property maintenance

Site security & access monitoring

Managing online listings for available units

⚖️ Wisconsin Legal Process: Storage Unit Auctions
If a tenant falls behind, Wisconsin Statute § 704.90 outlines your rights as an owner. Here’s the basic process I follow:

Notice of Default: Sent after non-payment (typically 5–10 days late).

Lien Notice: A certified letter is sent to the tenant with intent to sell if unpaid (minimum 14 days before sale).

Public Advertisement: Auction must be publicly posted — often via newspaper or online platform — at least two weeks prior.

Auction Day: Units are sold as-is to the highest bidder. Proceeds cover unpaid rent and expenses — any surplus must be returned to the tenant (if claimed).

We’ll walk through a real example of this process from start to finish.

💡 Additional Revenue Streams from Storage Units:

Charging late fees and lock-cut fees

Selling locks, moving supplies, and insurance

Renting parking spots or RV/boat storage

Converting underused space into premium units

Partnering with moving companies or local businesses

Offering temperature-controlled or climate-sensitive units at higher rates

📦 Whether you’re a current operator, a new investor, or just curious about how storage facilities work — this video will give you a complete look behind the curtain.

📲 Drop any questions in the comments and subscribe for more real estate investing content from behind the scenes!

#SelfStorage #WisconsinStorageUnits #realestateinvesting #PassiveIncome #cashflow

__________________________________________________________________________

Carter Crowley runs a house flipping/wholesaling business based out of Oshkosh WI. Since going full-time in 2018, Carter & Bryan have completed over 100+ flips/wholesales and have acquired a portfolio of 40+ rental units & 100+ self-storage units.

In addition to the investment business, Carter holds a real estate license in the state of Wisconsin & has helped clients buy/sell over $25,000,000+ of property. Follow along as we grow our real estate investing business from multiple six-figures to a seven-figure operation.

Free Course on Wholesaling: https://www.makemoneywithcarter.com/

Free Course on Google Ads: https://www.cartercrowley.com/

Free Course on No Money Down Rentals: https://www.sendcarterrentals.com/

🚧🚧🚧 DISCLAIMER 🚧🚧🚧 ❎ I am not a CPA, attorney, insurance, contractor, lender, or financial advisor. The content in these videos shall not be construed as tax, legal, insurance, construction, engineering, health & safety, electrical, financial advice, or other and may be outdated or inaccurate; it is your responsibility to verify all information yourself. This is a Youtube video for entertainment purposes ONLY ❎

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Day in the Life of a Storage Facility Owner

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