How much to pay for storage?

[Dougster]

i would think i could get one of my neighbors to do it for as little as $30 a month... i had my popup stored in my neighbors garage they werent useing for free for about 8 months..... (they gave us a key to the lock so we could come and go as need be) but then again, ive been known to help them out with projects also sooooo.... barter system? offer to cut the feild for him for free in exchange for storage? something like that

I like the barter system idea. In terms of a "rental payment" both sides could live with, that's got to be the way to go.

Funny... but $30.00 a month is roughly half the property taxes I pay related to my elongated two-car garage... one large space worth.

Dougster

 

[Farmwithjunk]

Bring that bad boy on over here! I'll watch it for ya! No charge. I Might have to USE it once in a while......

The storage container issue is just that around here. An issue. Their use is being limited, even in rural areas. Towns and cities are restricting use to 60 to 90 days. They do make a great shed though. The contractor I work for bought 6 to use at jobsites. When I moved (almost 2 years back) I loaded one with household stuff and had it transferred to the new place. That gave me ample time to unload and bring everything in the house. Would you believe my wife actually had me moving furnature back and forth all over the house before she decided where it would finally stay? And I married the woman..........

 

[CATMAN]

Off the subject a little; with 24 acres of wooded property, I would really think you would want and need a loader for your tractor to maintain those areas. A loader almost doubles the usefulness of a tractor, in my opinion.

 

[ToadHill]

In our area dead storage inside is about 40 per month.

 

[ScottAR]

We rent a 20x20 garage to a contractor for about $150 a month. Dad thought he was an interesting guy to have around. (and he has been)

The same garage has also been rented by a guy to store cars in for $350 a month.

The current arrangment has little to do with money exactly as we had our tractor stored there till recently and numerous requests have been turned down before. I'll have to clear out the other garage when winter comes.

I don't want to sound like a snob or somthing but, as a landlord, for the $30-$40 a month being discussed I'd rather use the space than rent it.
On the flip side, mini storage or self storage go for somthing like that.

 

[madpogue]

Bring that bad boy on over here! I'll watch it for ya! No charge. I Might have to USE it once in a while......

Say what? You callin' our brand new 790 junk?

(Kidding! I've read enough of your posts to know what your handle really means.)

Off the subject a little; with 24 acres of wooded property, I would really think you would want and need a loader for your tractor to maintain those areas. A loader almost doubles the usefulness of a tractor, in my opinion.

Agreed. It's just that we're doing the field/prairie projects first, and will be getting to the woods in later years, and we have to focus our spending on the projects at hand. A FEL is in our future, I'm sure. Just not sure how far in the future.

And yeah, we thought about chaining it up real good, and with a "bigeffin" Kryptonite lock, but everyone out there tells us that the best security is location. Dan, esp., has this one dog.....

 

[madpogue]

Thanks for the 411, all. We settled on $25/month, and paid 6 months up front (Danny's not going anywhere; the road's named for his family!). We also paid him for some GOLDEN training time, advice and mechanical assistance.

 

[shane]

Who's insurance will cover your tractor? A friend of mine in Indiana had a large building he rented out to folks to store boats, cars, etc. He would have them sign a disclaimer saying he was not liable for their goods. Well, the building burned down. The renters insurances paid the renters, but then their insurances turned around and sued him. He lost big time. Took him years to recover the loss. Your friend may not be a friend any longer if something like this happens and he's not covered. Just make sure you are both protected.

 

[crbr]

Thanks for the 411, all. We settled on $25/month, and paid 6 months up front (Danny's not going anywhere; the road's named for his family!). We also paid him for some GOLDEN training time, advice and mechanical assistance.

As I was scrolling, here's my thoughts:

Neighbor = $25 per mo.

Good neighbor = free

Smart neighbor will want work done in exchange...

The $25 now allows you to store away and not feel any hospitable obligation to do any work on his end, other than to your choosings.

 

[madpogue]

Yeah, I hear ya, crbr, and eventually, we'll probably get it down to a barter. But we don't live out there, and when we do go out there, we have our hands full with our own work. Eventually I'll be in a better position to offer him work or help with somethng, and we'll be able to drop the money part of it.

Shane, re. insurance, we had to get it insured because we financed it (zero down, zero %, thru JD Credit). Get this - JD insurance was cheaper than our own agent! Our homeowner's here in town doesn't cover it, and the insurance we got on the cabin we put out there doesn't either. Our only choices were to insure it lke a vehicle (they insisted on collision insurance!), or to covert the cabin insurance to a "farmstead" policy. Either choice woulda been several hundred a year. Thru JD, it's $100/year, and they even threw that into the 0% financing (so it added, like, $3 to the monthly payment!).