Extra storage is a huge added bonus for tenants looking for a new space to rent, and adding this amenity to your property can also bring you an extra income every month. It can also keep your property free of unwanted clutter stored in hallways and patios, and give your tenants a feeling of security and care when it comes to their valuables and possessions. When looking into installing storage for your property, obviously the number one concern is getting the most out of your investment. It can seem tempting to go with storage that looks cheaper at face value, such as wire mesh storage bins, but taking a deeper look into the true cost of installation, security, and what tenants are willing to pay may nudge you to look in another direction.
The Problems With Wire Mesh Storage
At face value, mesh storage can look like a great and cost-effective solution for a need for more storage. Something to consider, however, is that there are some drawbacks that make these storage bins less desirable than other options on the market. For starters, wire mesh storage facilities are seen as not very attractive to renters, and because of this, they are typically less willing to pay an extra fee to use them. The wire mesh is also see-through, meaning tenants with valuable or sentimental items in their storage are vulnerable to wandering eyes or thieves looking for an easy come up. The feeling of little to no security that comes with these wire storage bins is another huge downside to tenants and is yet another reason why they may not feel it is worth it to pay for the use of the extra storage space. So while wire mesh may seem like an inexpensive way to add a bonus income monthly, that idea only works if tenants are willing to pay for the use of the space. There are many other fantastic options for added on-site storage in the same price range, that are more positively reviewed by renters and statistically more likely to be rented out by tenants and attract new renters.
A Better Option
There is no shortage of storage facilities and bins on the market that can be installed to your property, but finding one that is both high quality and cost-effective may seem like a pipedream. Bradyl Bins and Bradyl Boxes are not only high quality but are comparable in price to the less desirable mesh bins. Both of these storage solutions offered by Bradyl Storage Solutions are made to be sturdy, secure, and attract the eyes of current and future tenants alike.
- The Bradyl Box is an over the vehicle storage unit that can be installed in standard pre-existing parking spots, turning the unused air space into extra income for you. The legs can be adjusted to fit over any car or SUV, and most trucks. The box gives over 80 square feet of secure, lockable storage space, and can hold up to 900 pounds! These storage boxes are raved about by tenants who use them, giving them the feeling that their belongings are safe and easily accessible.
- The Bradyl Bin provides secure and private enclosed storage units in a more traditional setting. These units give your tenants on-site storage and turn your unused space on your property into an added monthly income of up to $5 per square foot rented. Studies show that tenants are willing to pay more for private and secure storage such as these, compared to solutions made of mesh wire.
The Bottom Line
Adding storage to your property can be a win-win for both you and your renters, but selecting the right storage solution that will serve your tenants and generate the extra income is half of the battle. When choosing a storage option, remember to consider if your renters will be satisfied with the security and privacy of the unit. With Bradyl Storage Solutions, you can’t disappoint.
Tags: Mesh Storage
