It’s Just Business
The landlord will deal with the storage facility tenant if they don’t pay by evicting them or selling the belongings at auction to recoup some of the loss. While some may find this unfair, storage facilities operate on very thin margins.
Prioritizing Tenants
One storage facility owner asserts that he struggles to pay his bills and doesn’t generate any money from auctions. It frequently ends in defeat. Unpaid units typically don’t generate any revenue. However, it’s crucial to get the delinquent tenant out for a paying tenant to come in.