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How to Plan for Self-Storage Capital Expenditures

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Manage episode 428528677 series 3349329
Content provided by Creating Wealth Through Self Storage. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Creating Wealth Through Self Storage or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.

Perhaps one of the best advantages of self-storage is the very few ongoing capital expenditures that are required.

It is one of the main reasons I was initially attracted to this asset class.

However, how does one plan for the capital expenses a project will have, and how much are they?

Let’s discuss how I do it.

Our goal is to never use operating cash flow to pay a capital expense.

**Online Courses at The Quickstart Academy** https://TheQuickStartAcademy.com/

**Listen on Apple Podcasts** https://podcasts.apple.com/us/podcast/creating-wealth-through-self-storage/id1588425875

** 5 KPIs we measure** https://creatingwealththroughselfstorage.lpages.co/top-5-kpi-ebook/

**My blog**

Creating Wealth Through Self Storage

**Facebook** https://www.facebook.com/markhelmselfstorage/

**Twitter** Tweets by MarkHelmSelfSt

**The Storage World Analyzer** http://storageworldanalyzer.com/

**The QuickStart Academy Store** https://quick-start-academy.myshopify.com

  continue reading

135 episoade

Artwork
iconDistribuie
 
Manage episode 428528677 series 3349329
Content provided by Creating Wealth Through Self Storage. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Creating Wealth Through Self Storage or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.

Perhaps one of the best advantages of self-storage is the very few ongoing capital expenditures that are required.

It is one of the main reasons I was initially attracted to this asset class.

However, how does one plan for the capital expenses a project will have, and how much are they?

Let’s discuss how I do it.

Our goal is to never use operating cash flow to pay a capital expense.

**Online Courses at The Quickstart Academy** https://TheQuickStartAcademy.com/

**Listen on Apple Podcasts** https://podcasts.apple.com/us/podcast/creating-wealth-through-self-storage/id1588425875

** 5 KPIs we measure** https://creatingwealththroughselfstorage.lpages.co/top-5-kpi-ebook/

**My blog**

Creating Wealth Through Self Storage

**Facebook** https://www.facebook.com/markhelmselfstorage/

**Twitter** Tweets by MarkHelmSelfSt

**The Storage World Analyzer** http://storageworldanalyzer.com/

**The QuickStart Academy Store** https://quick-start-academy.myshopify.com

  continue reading

135 episoade

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