I own a mini storage unit business to pay for my daughter's college. One of my customers never pays on time because he spends his money on feral cats.
The article details the experiences of a couple who purchased a storage unit business in 2019. The business, which they bought for $1.2 million, includes 300 units and has been operational for 30 years. The couple, who previously worked in real estate, found the transition challenging due to the demanding nature of the business, which requires constant attention. They manage customer relations, which can be difficult as some customers are late with payments or leave units in disarray. Despite these challenges, the business has been financially rewarding, covering the costs of their daughter's college education and providing a steady income. The couple also shares insights on the operational aspects like auctions of abandoned units, which can be both a source of revenue and a spectacle for bargain hunters. Overall, while the job is tough, it has proven to be a lucrative venture for their family.
