If you’re a property owner or property management company employee working on behalf of a landowner that’s looking into tenant storage, you’re probably already aware of the slew of options that you have available to you. Out of all of those options, there is one that has a lot of great qualities that’s at least worth making it onto your “will consider” list of storage lockers. Today we’re going to be looking at some of the features and advantages that Bradyl Bins have over their competitors. Many people that choose these are very happy with their choice in the long run.
We’re going to be taking a look at what the bins themselves are made up of, what kinds of steps Bradyl has taken to make sure that their products are as secure as possible, and a few interesting things that are good to know about this product so you can decide for yourself if these bins are worth considering for your property. These bins are pretty popular, but they are also still relatively unheard of because the market for onsite storage solutions in apartment complexes is a relatively new one. Let’s look at the facts so you can decide for yourself how to feel about these bins.
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Designed to Fit Anywhere
If you’re looking into tenant lockers or any kind of storage units for your property, there’s a good chance that you have an area that’s being entirely unused that you want to make a bit of extra cash from. Bradyl bins are specifically designed to be able to fit into these kinds of spaces, no matter how awkward or tight that space might be. It makes it rather easy to get them installed because of this, and sometimes you can even fit more than you would expect.
These lockers are able to fit into any area because of the vast number of options that you have available to you when selecting which one you want to install. They have all sorts of different shapes and sizes. Some of them are even about the size of a closet while others are a little bigger than the lockers you’d typically see in a high school gym department. With so many options available, it’s no wonder that this company will be able to find something that will fit perfectly into the space that you have.
Many apartment complexes use wire mesh storage units because of the price. Landlords are looking to make the most that they can off of their storage lockers, and tha
Security Features Galore
t typically means that they’re going to choose whichever option best suits their budget. Unfortunately, your standard wire mesh locker is actually very attractive to thieves that want to commit a “smash and grab” type theft. This type of theft is the most common because the thief can grab what they want and take off before anyone knows what had just happened.
Wire mesh lockers are pretty easy to get into, especially if they’re poorly constructed. You can just use bolt cutters to cut them open and then take what you want. There’s a reason why so many thieves refer to bolt cutters as “the key to the city.” and why they’d target wire mesh lockers so often. The less time it takes for a thief to be in and out of the place that they’re stealing from, the more likely they are to steal. In a risk vs reward analysis for the thief, it only makes sense to target something like that.
Bradyl bins have a much more solid construction for the walls. The Bradyl Bins are made up of corrugated metal. If you don’t know what corrugation is, it’s a method of making materials stronger by adding alternating ridges or grooves. Think of the inside of cardboard and just remember how much weight you’ve been able to hold inside what’s essentially just a little bit of extra hard paper without it falling apart. That’s because of corrugation, and it can be used with other materials. By making the entire unit with metal that is made this way, you can be sure that they’re going to be ultra-tough.
The ceilings of the Bradyl Bins are also made out of wire mesh, but the mesh used by this company is a lot more reinforced than the mesh used by companies that sell mesh lockers. First off, the mesh ceiling is located at the ceiling, making it difficult for someone to cut with bolt cutters without being caught. Secondly, the mesh that they use is reinforced so even if someone did get up on top of the unit, they would need an inordinate amount of strength in order to cut the mesh open.
Make More Money From Your Storage Units
Of course, if you’re undergoing this project, you want to make sure that you’re going to make your money back and then some. The concept of return on investment is investor 101, and you probably did a lot of cost/benefit analysis when you first bought your property. That being said, you probably want to pick whichever storage units will get you the highest return on investment possible. It’s just basic economics, no one wants to throw money at an investment that isn’t going to pay for itself over time or will even end up costing them money in the long run.
Well, a few years back Bradyl actually did their own market research on this topic so that people just like you could see some real-world data about how much money you’ll be able to make from their bins in comparison to the wire mesh lockers that have become so common. Firstly, they noticed that people felt like the Bradyl bins were more secure than the wire mesh lockers. They also happen to be more secure than the wire mesh lockers, which is a huge plus, but more people are willing to rent the bins than the mesh locker because of the higher level of security.
Now, let’s talk about some actual numbers. Bradyl asked people if they’d be willing to pay more for the wire mesh lockers or their own bins. Because of the convenience, security, and privacy that Bradyl was able to provide, 94% of the people that were surveyed said that they’d be willing to pay an extra $5 for the Bradyl bins over the wire mesh bins. Even if you just have 5 lockers, that would mean that most people would be willing to help you get an additional $25 a month.
Their research went even further than that and really gave us some solid answers about how much people are willing to pay for the privacy and security that their bins provide over the wire mesh lockers, and you might be a little surprised when you hear this, we certainly were. 20% of the people that they surveyed were willing to pay $30 more a month for the Bradyl bins than the wire mesh lockers. That might only be one out of five people willing to pay that much extra, but considering the overwhelming majority would have been ok with an extra $5 a month and there’s still 20% willing to pay an extra $30 a month, you could find a nice price point in between that would keep all of your lockers full while improving your return on investment.
Don’t Go Over Budget
You might be thinking “all of those things that you’ve talked about are fine and dandy, but what’s an extra $25 a month if the entire thing is going to cost me an extra $10,000?” which is a great question to be asking. Once again, you’re concerned about your return on investment, as you should be. You’re going to have to sink some money into this and you want to end up making more money than you sank into it.
Well, we may surprise you again today but Bradyl bins actually average out as costing as much if not less than the wire mesh lockers. You’d be hard-pressed to find even find the lowest quality wire mesh locker that will give you the same bang for your buck, as well as the return on investment. Bradyl bins are able to be rented out for a higher price while costing just about as much as the wire mesh lockers, meaning that they can start generating pure profit for you a lot more quickly.
In Conclusion
To us, at least, it seems like a pretty cut and dry case here. If you want to install lockers on your property and use them to generate more money, Bradyl bins seem to be your absolute best choice no matter how you cut it. This is one instance where your needs and your tenants’ needs can be met in one fell swoop, and you can turn that unused space into cold, hard cash in almost no time at all in comparison to using wire mesh lockers.
