Inside Self-Storage
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Learning From Mistakes: Lessons That May Save Your Next Self-Storage Development

Deviating from an original pro forma can be costly. Hear real-life examples of self-storage development mistakes and get expert insight to the importance of “knowing what you don't know.”

Speakers: Robert Bishop, Partner, Compson Development; Hank Saipe, Owner, 303 Self Storage
Format: Streaming video
Duration: Approximately 52 minutes

Learning From Mistakes: Lessons That May Save Your Next Self-Storage Development

Self-storage development is filled with opportunities to deviate from the original pro forma, which can be costly and financially disastrous. From initial site identification through completion, you’ll constantly be hit with surprises that can make or break your project. Our presenters will share real-life examples of mistakes and provide insight to the importance of “knowing what you don't know.”

 

You’ll learn:

  • Why a successful project must begin with an accurate pro forma
  • How to identify potential risks early in the site-acquisition phase
  • Common mistakes in the financing phase
  • Potential dangers to avoid in building design and permitting
  • How to realistically plan for challenges you’ll face during lease-up

This product is also included as part of the following discount packages: