Loading
Episode
Constructing a New Self Storage Facility from the Ground Up - Interview w/ Charlie Kao
Views
90K
21.1× the show’s average
Episode90K
Show avg4K
Published
4y ago
Aug 31, 2022
Length
1h 06m
show avg 1h 03m
From the show
Chapters
Self Storage Investing Library: https://retipster.com/category/self-storage-investing/?utm_source=youtube&utm_medium=social&utm_campaign=category&utm_content=te8cvHntVXQ Join Our Community: https://welcome.retipster.com/newsletter/?utm_source=youtube&utm_medium=social&utm_campaign=blog&utm_content=te8cvHntVXQ I recently met with Charlie Kao of Twin Oaks Capital to tour a new 52,000-square-foot storage facility he is building in Newaygo, MI. Charlie is a storage investor with years of experience working with many different projects. In this conversation, he dishes out valuable knowledge and insights from his years in the business. Whether you're new to the storage business or a time-tested veteran, there are probably at least a few things you'll learn from this conversation!
- 0:00Intro
- 0:19How long have you been in the self-storage business?
- 1:12How did you find the storage facility you are building in Newaygo, Michigan?
- 2:33Did you have to rezone the land after you bought it?
- 3:30How did you determine there was enough demand in Newaygo to support a new facility?
- 5:38Did you order a feasibility study before you bought the land?
- 6:39What is your role on this project?
- 8:39What challenges and issues came up with drainage, and how to make it work?
- 14:43How do you determine the width of the drive lane, and why is it so important?
- 20:12Comparison between well-lit facility without a fence vs facility with a fence
- 23:31What company did you use for the buildings and the doors?
- 24:41What is your long-term plan with this self-storage facility?