Shipping Container Storage Units

Homeowners clearing a garage, renters between homes, contractors, farmers and small businesses needing secure space for tools or stock.

Monthly rent per container, with a deposit and a fee for locks. Rates depend on size and local demand.

• Organizing and billing
• Customer service
• Basic handyman skills for upkeep

• Many places restrict or require permits for containers, and HOAs often ban them, so check before buying
• Inspect used containers for rust, leaks and door seals, since damp ruins customers' belongings
• Insurance: ask about property and liability cover and write a lease that states customers insure their own goods
• Check your state's rules on late fees and selling goods from abandoned units
• Sales tax or other taxes on storage rentals vary by state, so check with your state revenue department

Startup costs are typically around $15,000 to $70,000, depending on how many containers you buy, their condition and how much lot preparation is needed. These figures are estimates, and you can add containers as demand grows.

Monthly revenue is typically around $1,000 to $5,000, depending on how many units you rent, your local prices and how many stay occupied. Treat this as an estimate rather than a promise.

Check whether your area restricts containers or requires permits, and whether an HOA bans them. Also check your state's rules on late fees and abandoned units, sales tax on storage rentals, and inspect used containers for rust and leaks.