A few weeks ago, Jaren and I had the good fortune of getting an impromptu tour of a newly converted self storage facility.

Our friend Tyler Hazel just converted an old pole barn to a 10,000 square foot, 78-unit self storage facility and he took us out to see the completed project. Since we happened to have a camera in the car, we thought we’d take a few minutes and record a walk-through tour for the benefit of the REtipster audience.

In this video, he guides us through the newly renovated building and explains a lot of details behind how he did it, how long it took to get from start-to-finish, some of the challenges he had to overcome along the way and what kinds of costs were involved with converting an older building to a climate-controlled storage facility.

As someone who has been interested in the self storage business for a long time, I found it particularly fascinating and I think you will too.

Whenever I hear the words “self storage”, I usually picture something like this:

Photo by Scott Meyers

This is how a lot of self storage facilities look… but this walk-through gave me a “lightbulb moment”, because it showed me that if you’re able to see the opportunity AND do the work that goes into re-shaping a square peg so that it fits into a round hole, there could be a perfect self storage investment opportunity right under your nose (where nobody else has the foresight or motivation to do anything about it).

It’s definitely not a cakewalk (as the interview clearly shows), but when you’ve got an existing building, and you find the right specialists in the industry who can fill in a lot of the gaps, it could end up being surprisingly achievable.

Note: Some of the companies mentioned in this video are Janus International and Easy Storage Solutions. This blog post is not a paid endorsement of either company… these just happen to be two of the companies that Tyler used in the process of doing this self-storage conversion.

Need Help Finding Real Estate Deals?

The Beginner's Deal Finding Guide Logo

One of the most important skills every real estate investor needs to learn is how to find great real estate deals. This is the bedrock of every successful real estate business.

I struggled for years to figure this out, but when I finally did - everything changed. The ability to find super-profitable deals consistently is a milestone that made all the difference to me, just like it can for you.

If you need help finding better deals - you need to know about The Beginner's Deal Finding Guide. This is a premium course from REtipster, all about getting you intimately familiar with the multitude of ways you can find incredible deals on any type of property in any market conditions.

We'll show you the essentials you need to know so you can put together your action plan and start finding deals today. Come check it out!

Learn More About the Deal Finding Guide!

About the author

Seth Williams is a land investor with hundreds of closed transactions and nearly a decade of experience in the commercial real estate banking industry. He is also the Founder of REtipster.com - a real estate investing blog that offers real-world guidance for part-time real estate investors.

Did you find this article to be helpful?

Our goal is always to provide our readers with the most up-to-date and relevant content so that we can continue to empower others! Please share your feedback.

Join the conversation

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Bonus: Get a FREE copy of the INVESTOR HACKS ebook when you subscribe!

Free Subscriber Toolbox

Want to learn about the tools I’ve used to make over $40,000 per deal? Get immediate access to videos, guides, downloads, and more resources for real estate investing domination. Sign up below for free and get access forever.

Scroll Up

Welcome to REtipster.com

We noticed you are using an Ad Blocker


We get it, too much advertising can be annoying.

Our few advertisers help us continue bringing lots of great content to you for FREE.

Please add REtipster.com to your Ad Blocker white list, to receive full access to website functionality.

Thank you for supporting. We promise you will find ample value from our website.