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RE: City of New York sues Extra Space

Posted By John McAfee 02-25-2026 08:17 AM
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Edward, thanks for sharing. Many may disagree with Extra Space and how they manage their revenue but I’m certain they are doing everything legally. Their fee structure when payments are not made on time are surely stated clearly in the lease. The rates, their move in rate and subsequent “increases” are ...

RE: TSSA BOARD PRESIDENT

Posted By John McAfee 02-11-2026 03:30 PM
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Donald, we have an insurance work group that is working to put this together. You would be a welcomed addition to that group. Please contact Griffin Kehler @ 214-862-7788 to catch up. JMc John McAfee 214-923-0070 - John@TheStoragePlace.ORG

TSSA BOARD PRESIDENT

Posted By John McAfee 01-05-2026 09:36 AM
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Hey all!!! Insurance is one of our biggest expense lines. We are forming an Insurance Task Force. This will be a work group that is made up of self storage owners and an Insurance Broker. Goal is to provide the top 10 questions you need to ask your broker and your banker to determine what you need to ...

RE: Looking to buy storage facility - near Houston

Posted By John McAfee 01-05-2026 09:28 AM
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I know there is a three property group north of Houston. Contact Adam Schober at +1 (903) 941-3655 to get the intro. Good luck. John McAfee Owner 214-923-0070 John@TheStoragePlace.org www.TheStoragePlace.org --------------------------------- John McAfee CEO / Owner The Storage Place - DFW Midlothian ...

RE: Looking for possible investors

Posted By John McAfee 01-05-2026 09:26 AM
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Neal, send me whatever info you can and I’ll call or respond with what may be good next steps. John McAfee Owner 214-923-0070 John@TheStoragePlace.org www.TheStoragePlace.org --------------------------------- John McAfee CEO / Owner The Storage Place - DFW Midlothian TX (214) 923-0070 ---- ...

RE: Tenant Background Checks

Posted By John McAfee 12-09-2025 07:26 AM
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Amber this is tough…contact TSSA Board member Edwin Roark as he does background / credit checks on his rv park customers to keep the riff raff out. He may have an easy and inexpensive system you could use. Outside of this, cameras to see who is coming and going from the property. Key pad access coming ...

RE: Commercial Company wants to Rent qtr of an acre

Posted By John McAfee 12-09-2025 07:19 AM
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Dawn, I’ve heard that outdoor parking for what you’re talking about is $2000/acre or in your case $500 for a quarter acre. If they want it secured, which many do, you could put up a chain link fence with a swing gate they can pad lock. Invest in the fence and charge $800/mo. When they leave it is ready ...

Self Storage Junkies Unite.

Posted By John McAfee 12-05-2025 09:16 AM
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Who sees something like this and then is excited when they see the beautiful storage property in the background? Me! https://www.instagram.com/reel/DRmsCi7E5Y9/?igsh=MWR0Z3Z5dHIyOWRvNg== --------------------------------- John McAfee CEO / Owner The Storage Place - DFW Midlothian TX (214) 923-0070 ...

RE:

Posted By John McAfee 12-02-2025 08:00 AM
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In case you need other options. Swingle Collins Commercial Ins Brokers Griffin Kehler - Validated Producer Cell (214) 862-7788 gkehler@swinglecollins.com --------------------------------- John McAfee CEO / Owner The Storage Place - DFW Midlothian TX (214) 923-0070 ----------------------------- ...

RE:

Posted By John McAfee 12-02-2025 07:57 AM
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Follow up…heard this at the conference. We all want to sell at a 3 Cap and buy at a 10 Cap. :-). This is true. John McAfee 214-923-0070 --------------------------------- John McAfee CEO / Owner The Storage Place - DFW Midlothian TX (214) 923-0070 ---------------------------------

RE:

Posted By John McAfee 12-02-2025 07:54 AM
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Call James Elkins @ Monument.IO (737) 990-7773 james.elkins@monument.io --------------------------------- John McAfee CEO / Owner The Storage Place - DFW Midlothian TX (214) 923-0070 ---------------------------------

RE:

Posted By John McAfee 12-02-2025 07:51 AM
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Jason@EW.Tax (972) 250-9959 Jason Pedigo has been my CPA for 10+ years. He responds with a summary answer to your questions and then provides the paragraphs of why. Quality team in support. Great guy. Please let him Know I referred you. Good luck. John McAfee Owner 214-923-0070 John@TheStoragePlace.org ...

RE:

Posted By John McAfee 12-02-2025 07:47 AM
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I gotta guy…text me…John McAfee 214-923-0070 --------------------------------- John McAfee CEO / Owner The Storage Place - DFW Midlothian TX (214) 923-0070 ---------------------------------

Yes Please

Posted By John McAfee 12-02-2025 07:46 AM
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https://www.instagram.com/reel/DRdF6osjYH2/?igsh=aXk5OHNwNmR5d2w0 --------------------------------- John McAfee CEO / Owner The Storage Place - DFW Midlothian TX (214) 923-0070 ---------------------------------

RE: Google standing and pay per click cost

Posted By John McAfee 10-29-2025 07:16 AM
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Yup. Vianney is spot on. JMc --------------------------------- John McAfee CEO / Owner The Storage Place - DFW Midlothian TX (214) 923-0070 ---------------------------------

RE: Capitalization Rate

Posted By John McAfee 10-29-2025 07:14 AM
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4-8% But it depends of course. Every facility is different. Today’s cap rate based on actuals might be 4.5% but the 2 year proforma might show 6.5%. This will have the buyer take a closer look to see if they feel your proforma is doable with your location and other market conditions. Talk to the brokers ...

RE: Excited for Conference! What's Your Newbie Tip?

Posted By John McAfee 10-29-2025 07:07 AM
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Newbie Tip: when meeting someone new…your 30 second elevator pitch…this is my connection to self storage (example, I own a storage facility in whatever town Tx) then say “im looking for people that might help me with…whatever…do you have any experience with that or do you know anyone I should talk with ...

RE: Newbie looking to Self Storage

Posted By John McAfee 03-04-2025 08:10 AM
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Reginald, jump in the water is warm. Recommendations, keep your day job. Have this be your night job for a while. Buying existing vs building...my recommendation, buy existing. Easier to learn with current cash flow and existing customers. The system that has worked really well for me is very conservative...monthly ...

RE: Renter ask for auction

Posted By John McAfee 12-30-2024 11:36 AM
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1) sorry to hear about this 2) let the renter know they can clean out the units if they are current and move out. No problem and with them well. 3) if they are saying it's now your problem…best is to get them to sign the form that says they are abandoning the unit. With that you can take the stuff and ...

RE: Storable

Posted By John McAfee 10-13-2024 04:58 PM
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Pros and cons of being with the big company. Limited ability to fix problems. Use the conferences and their booth at the conference to get key people to solve the problem of escalate. It's so frustrating and I'm sorry you're experiencing this. JMc --------------------------------- John McAfee CEO / ...

John McAfee

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