Joe DownsCEO & Co-Founder, Belrose Storage Group. Founder, Storage Moguls.

Deal-killing due diligence mistakes every self-storage investor must avoid 🚨

21 Jan 2026 · 1 min

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A Phase 1 environmental report is your last chance to catch problems before you lose your earnest money. Learn what to look for in the report and why the due-diligence window is your final exit ramp.

Chapters

Some of those things we talked about were a Phase 1 environmental report, what they are, why you need one, what to look for in the report, where to look for it in the report, uh, as well as the bottom line on due diligence, which was, hey, or which is, um, you know, that, that due diligence period is your last chance. It's your trust but verify period. It's your last chance to walk away in that timeline, to walk away without losing your deposit money, earnest money deposit money, which we're going to get to at the very end of this.