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The Costs Involved in Renting a
Storage Unit.
1. The monthly fee. The rate you are charged to store your
property depends on a number of variables. A. The size of the unit. To maximize your unit
space be sure to stack items when possible. Think of how to use the vertical space - for
example, stand furniture, such as a couch, on its end if possible. Some careful planning
and packing will save you $20. - $40. each month. B. The supply of that particular size
unit. If the facility has several units they may be willing to cut you a deal dont
be afraid to ask. C. The term of the lease. If you pay up front, you will usually get a
discounted rate, again dont be afraid to negotiate. Check several facilities and be
sure to compare benefits to pricing so that you can have an apple to apple comparison.
2. "Set up" or "processing" fees. Often
when you are price shopping, you may not be told of this extra cost that some facilities
will charge. Ask about this or any other ancillary charges so that your
comparison-shopping is more meaningful.
3. Late fees. Be sure you understand how much it will cost
you if your payment is not on time and exactly when this fee is activated. While most late
fees are reasonable, others may not be. In any case, it will drive your rental costs up
"substantially" in a comparative sense. If your unit rents for $50/month and the
late fee is $15, that is a whopping 30% increase for that month.
4. Transportation costs. The amount of money required to
transport your property to the facility can vary considerably. Truck rental, insurance
costs, and fuel are some of the normal costs associated with moving your possessions. Some
facilities are now offering free use of a truck (to move in) as an incentive to get
you to their facility. Negotiate with them to also provide the truck when you leave, at
the end of the lease term, this will save you time, frustration, and money.
5. Insurance. You must not assume that your property is
protected against loss or damage just because you pay a monthly fee to a storage facility.
Read the agreement!! Ask questions and be very specific so that you know what the
facilities' responsibility is regarding your property. If you have a homeowners
insurance policy, your property may be covered even if it is stored at a different
location than your residence. Dont buy double coverage! Ask your insurance provider
for your coverage limits. If you do need to have your property insured, it will be a good
idea to do some comparisons on what the facility offers.
6. Ancillary costs. Other things that you will probably need
that will add to your expenses of the move, may be among the following; moving boxes,
tape, rope and straps, blankets, packing covers, tarps, locks, Styrofoam, bubble wrap,
etc.
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The Legal Issues
Involved In Renting a Storage Unit
7. Know your rights. Most states now have some kind of
statute that governs the self-storage industry. The courts are not very forgiving of
operators who walk on the rights of the public. Let us know if you need help locating the
your states laws.
8. The agreement. Read your agreement carefully and seek help
if you are uncertain about the language of the document. When you sign the rental
agreement, the owner, at that point, has a secured interest over your stored property. In
the event of nonpayment of rent, the owners lien rights that result from the
agreement give him the ability to foreclose on and sell your property to satisfy his
financial interests. Some questions you may want to ask
"If someone removes my
property, who is responsible?" "If my property is damaged in some way, who is
responsible?"
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The Security Issues
Involved in Renting a Storage Unit.
One of the concerns of people who use self-storage is not only the
safety of their property, but of their personal safety as well. The following is a series
of benefits that are commonly provided by the industry as a whole and may well be a guide
in your selection process.
9. Security fence. Does the property have a perimeter fence
that will resist most intruders? Most facilities built today have this as a standard item,
but some of the older ones do not.
10. Entrance gate. What type of gate controller does the
property have? The vast majority of the facilities use a keypad for entering and exiting.
Each tenant is given his or her individual code that allows access. Every time you enter
and leave using the keypad, you leave a record of the time entered, duration of stay, and
the time you left. Some properties have a keypad for entry but not for exit which will not
track the time you spent on the property. The keypad system will keep out most
unauthorized visitors, but violators can still manage to slip behind a vehicle as it
passes through the gate before it closes.
11. Perimeter Infrared Beams (PIB). This system is usually
placed inside the fence line and will set off an alarm when a large object has interrupted
the beam. The alarm is usually tied to the police department and will normally insure
prompt dispatchment of an officer.
12. Video Cameras. Many facilities today use closed circuit
television (CCTV) to not only provide 24-hour surveillance, but to use as a marketing
advantage over the properties that do not. However, this may increase the rental rates a
few dollars. Take note of the camera locations as compared to the unit you have selected
to see that you are in the viewing, if not, you may want to request a different location.
Most facilities provide surveillance tape for thirty days and then it is reused; if the
interval is shorter, it may not provide the desired security.
13. Door locks. Now you have decided on a storage unit to
rent. The facility has done some things to protect your property. Here are some additional
things to you need to think about. Some have said that most perpetrators will not spend
more than a couple of minutes trying to remove a lock from a door. Therefore, some locks
have been rated based on how long they can endure an assault. The ratings are class 1, 1
minute, to class 5, 5 minutes. Even the strongest lock, however, becomes an easy
prey to a pair of bolt cutters. The shackle part of the lock is the weak link when under
attack by bolt cutters. There is a type of lock on the market called a round or disk lock
that limits the shackles exposure and therefore makes it a better choice in this
case.
14. Individual door alarms. One latest development in the
storage industry that has enhanced security is the advent of tenant door alarms. One
manager cited that when they installed individual door alarms, their "break in"
rate dropped to almost zero. Again, this feature will probably cost you a little more per
month versus the properties that do not offer it.
15. Lighting. Lighting is an important issue especially if
you will need to access the facility at night. It would be a good idea for you to drive by
the facility in the evening to see how well it is lighted. If the property had indoor
corridors, ask how the lights work. Some may be on timers that allow a limited amount of
time.
16.On site manager. Some properties have an on site manager
that live on the property. This can be an added benefit to you to have someone there at
night, especially if you need access to your unit after hours. If something does happen,
the on site manager can respond much quicker.
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Helpful Tips for
Moving
Before the Move
1. Tell the children about the move.
2. Take inventory of everything you will be moving.
3. Schedule a moving estimate 6-8 weeks before the move. Have them
do a complete estimate (i.e. they do the packing), even if you plan on doing it yourself.
This way you will be prepared if you run out of time.
4. Choose a mover at least 3 weeks in advance, 4-5 if you are moving
in the summer. You dont want to be stuck without a mover.
5. Plan to move on a weekday when banks, utilities, and government
offices are open.
6. Contact your insurance agent to transfer your coverage.
7. Plan on eating everything out of your refrigerator and freezer.
This will save you BIG bucks if you dont have to throw them away.
8. Collect all your important records (i.e. medical records, dental
records, veterinary, school, legal, birth certificates, passports, insurance documents,
etc.), secure them in a box, and keep them with you.
9. Find medical and legal professionals in your new area.
10. Have your car tuned up.
11. Close and transfer banking accounts.
12. Notify the post office as well as other important people of your
change of address.
13. Cancel all services to your house. (I.e. newspapers, lawn
services, maid services, etc.)
14. Plan to have your phone and utilities disconnected after you
leave.
15. Pick up the dry cleaning from the cleaners.
16. Make hotel or motel reservations for the trip to the new home.
17. Finalize real estate and apartment rental needs.
18. Recruit moving day help. Friends, family and neighbors are good
prospects.
19. Pre-pack if at all possible.
20. Pack a small bag with a few tools as a back up for any last
minute detailing on the house.
21. Return library books.
22. Arrange to have your pets taken care of for the moving day. A
move is quite stressful for a pet.
Day of Move
1. Label boxes. This way your moving crew will know which box goes
in which room, and it will save you some sanity also. If you are putting these boxes in
storage and need to get to some of the items periodically, write a full description of the
contents of each box on a sheet of paper and number your boxes. This will help you find
the things you need from time to time.
2. Arrange to be at the house the entire day. You are responsible to
do any last minute changes or repairs.
3. Plan on eating fast food all day. There will be no time to cook.
4. Get your kids involved.
5. Load houseplants last and unload them first.
6. Double check to make sure the truck driver knows exactly where to
deliver your items.
7. Check the oil in the car.
8. Save all moving receipts; many will be tax deductible.
9. Pack a necessity bag for the trip. This may include special toys
for the kids.
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