Demand may exist for a property, but will it make money? In this lesson we will discuss the process of determining economic feasibility. Trachte’s website features two “Investment Calculator” tools – basic and advanced versions.
We will walk through when and how to use each, and then discuss how to use the calculator results to determine what you can pay for land. We will also discuss what your lender is looking for in your projections.
To use the financial projection tools that we talk about in this video, visit this page: /resources/cost-calculators/ For contacts to SBA Self Storage Lenders, visit this page: /resources/industry-specialists/#self-storage-lenders