The Expansion Deal that Almost Broke Us

Send us Fan MailWhat if your “can’t-miss” real estate deal missed… hard?In this episode of the Self Storage Investing Podcast, guest host Joe Downs and Bellrose Storage Group partner Tim Kane share their first-ever expansion project; a textbook-perfect deal that was derailed by unforeseen pitfalls, a global pandemic, and shifting market dynamics.  From zoning setbacks to COVID-related delays and the gut punch of rising interest rates, Tim and Joe walk us through the raw, honest journey of a project that went sideways,  and what they learned to come out stronger.  WHAT TO LISTEN FOR3:25 Why did this expansion project look like a guaranteed win?6:03 How did a narrow lot design derail our entire construction timeline?9:50 What curveball forced us to use portable units mid-project?15:05 How did we recover when the market shifted against us?Leave a positive rating for this podcast with one click CONNECT WITH GUEST: TIM KANE, BELROSEEmail | Website | Storpro website (240) 304-8578CONNECT WITH USWebsite | You Tube | Facebook | X | LinkedIn | InstagramWhite Label Storage helps self-storage owners manage their facilities like a performance business, not a guessing game. Using facility-level data and custom technology tools, the team drives smarter pricing, marketing, and operational decisions with no gut-based revenue management.Website | LinkedIn(410) 693-5166