Week 35 of Self Employment:
Storage Garages of Hudson: As you can see from the pictures, we had a lot of progress on Building 3 at Storage Garages of Hudson. Very excited to have the newest building up. We have a few more doors to install next week but at a minimum, we have a few rentable units. We need final inspection anyhow, so we can wait a few days if needed. We were hoping to get the wiring for our exterior lighting run so we don't need to get into the units after that. That way tenants can occupy the space (and therefore lock their doors) and we don't need to get into the unit to do any work. Simple, yes. Did I learn this the hard way? Also a 'yes'.
Storage Garages of Hudson: As you can see from the pictures, we had a lot of progress on Building 3 at Storage Garages of Hudson. Very excited to have the newest building up. We have a few more doors to install next week but at a minimum, we have a few rentable units. We need final inspection anyhow, so we can wait a few days if needed. We were hoping to get the wiring for our exterior lighting run so we don't need to get into the units after that. That way tenants can occupy the space (and therefore lock their doors) and we don't need to get into the unit to do any work. Simple, yes. Did I learn this the hard way? Also a 'yes'.
Houlton Storage Garages: We had a busy week at Houlton Storage Garages. We got the gates working and operational and programmed both gates with each individual tenant's passcodes. A bit of a tedious, yet rewarding, process. Our gates are going to be open from 6 am to 7 pm and then closed after hours. This is exciting as it feels like it "completes" the facility.
Speaking of "completing the facility", our security contractor got started on the camera system. This resulted in many trips to and from the site for seemingly nominal tasks. I can't say I'm upset with the contractor but I'll definitely understand the process a lot better next time around. It is part of the learning experience, after all. The cool thing is that we'll have 9 cameras at the facility that will be accessible from our mobile device or home computer. It's less about security and more about catching nefarious activity, especially the mystery dents in doors, siding, trim, etc. We've already experience our fair share of strange dents. It will be easy for us to determine who the culprit is in the future.
We also gave out our annual holiday chocolates from Seroogy's to our tenants. It isn't much but it really gives us joy to show our tenants (at least a little bit) how much we appreciate them. So in addition to programming gates and camera installation, I got to play Santa's little helper and deliver our holiday gifts. I sure hope we can always do this for our yearly-lease tenants. They really mean a lot to us.
Speaking of "completing the facility", our security contractor got started on the camera system. This resulted in many trips to and from the site for seemingly nominal tasks. I can't say I'm upset with the contractor but I'll definitely understand the process a lot better next time around. It is part of the learning experience, after all. The cool thing is that we'll have 9 cameras at the facility that will be accessible from our mobile device or home computer. It's less about security and more about catching nefarious activity, especially the mystery dents in doors, siding, trim, etc. We've already experience our fair share of strange dents. It will be easy for us to determine who the culprit is in the future.
We also gave out our annual holiday chocolates from Seroogy's to our tenants. It isn't much but it really gives us joy to show our tenants (at least a little bit) how much we appreciate them. So in addition to programming gates and camera installation, I got to play Santa's little helper and deliver our holiday gifts. I sure hope we can always do this for our yearly-lease tenants. They really mean a lot to us.
Other news: We are constantly looking for more properties to build or buy. I keep hoping we'll find something prior to 2019 but time is starting to run out. In the meantime, we are trying to exercise patience. With all the to-do about the economy collapsing, we're going to be a little more selective about acquiring quality assets. Whether that happens in what's left of 2018 or in 2019, we will sleep easier knowing we waited for the right opportunity.
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