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Scott Ramser walks through RV and boat storage on the Self Storage Income podcast

Feb 22, 2021 · Self Storage Income podcast, Episode #86

Featuring Scott Ramser, Ramser Development Company

RV Storage Depot Great Park, Irvine, California.

Scott Ramser joined host AJ Osborne on Episode 86 of the Self Storage Income podcast for a long-form walkthrough of RV and boat storage. Osborne's listeners are investors and owners working out how to buy self-storage. He introduced the segment as "a niche within a niche" and said it is one of the subjects his audience asks him about most.

Ramser covered how RDC came to the asset class: industrial development through the 1980s and 1990s, then an RV and boat facility the firm backed almost by accident, and in 2003 a decision to make the segment its focus.

Most of the episode is about operating, not theory. Ramser explained how RDC adds value to the facilities it buys, how he thinks about site layout, and how many spaces an acre of land can realistically hold. Those questions decide whether an outdoor site earns its basis, and RDC answers them on its own properties.

For a broker or seller, the episode shows how an operator underwrites an RV and boat site as opposed to a conventional self-storage building.

Listen to the full episode on Self Storage Income →

Related: Scott Ramser, Strategy