In this episode B and Jack discuss where to storage while travelling. The hosts explore the usual solutions, like self-storage and storing at a friend’s house, as well as some unusual solutions to the problem.
Table of Contents
1.1. This topic of storage while travelling within the context of the broader Digital Nomad Life System
- The Digital Nomad Life System is a 6-step meta-system created by us at Nomad Tactics that aims to explain how someone can go from living a non-nomadic normal life to living an optimized digital nomad life.
- This is the kind of topic you will need to worry about before you start your digital nomad journey. That is why it falls under the first step of our Digital Nomad Life System, what we call “Nomadic Life Prep”.
- In this step, we explain the actions someone needs to take beforehand to optimally transition from a normal stable life to a digital nomad life. There are many areas we will cover in this step of the system. The main areas being finances, logistics, and psychology.
- Where to store your things is one of the logistical considerations a soon-to-be digital nomad will need to think about. If you used to live a normal stable life then, most likely, you were not too minimalistic and over time you start accumulating more and more things at your house.
- Therefore, you will need to consider where you will store the things you will not take with you once you start your new digital nomad life.
- To have a general overview of the Digital Nomad Life System you should listen to this episode.
1.2. General considerations about storage while travelling
- We are assuming that in your normal stable life you rented a place, rather than own one. Because if you were to be the owner of a property the most obvious solution to this topic would be for you to leave the things at your place and go live your digital nomad life.
- Even if you intend to rent out the flat or list it on Airbnb this should not be a big worry, since you could rent it “furnished” with your things.
- Things to consider before storing your things
- Is it worth storing in the first place?
- Before you consider where to store your things, consider the value of your items as well as their utility. Are you paying more for a long-term storage unit than your things are worth? If it’s cheaper to sell your old items and buy new ones to replace them, then you don’t need to worry about storing things.
- Getting rid of your things might be a good option
- This is when you simply dispose of all the things you cannot take with you in your digital nomad
- You have slightly different options here like selling or donating
- If you are selling your things you can use the money to buy the basic gear you will need for your digital nomad life.
- You will embrace to heart the philosophy of minimalism which we advocate as one of the core philosophies a digital nomad should subscribe to overtime.
- You will save money since there will be no monthly fees to pay
- There might be certain things that you would like to hold on to either because of sentimental value or if things do not work out in your new digital nomad life.
- For how long you intend to storage while travelling?
- Potentially if you want to be a digital nomad you are thinking to do this for the long-haul.
- Therefore, it is important to keep in mind that, some of the storing options that we are about to explore (e.g. storing with family and friends) are more viable for the short term. You need to think about that.
- How appropriate is the storage facility for the things you want to store?
- Do you need special conditions to store your things?
- Do the things require extra safety because these are too valuable?
- Do the things require to be stored at a specific temperature?
- Do the things need to be kept in an extra clean environment?
- Do the things require to be handled with extreme care?
- Keep in mind that nothing is stopping you from using more than one storing option depending on the nature of the thing to be stored.
- For example, maybe the more valuable things you can leave with family and the less valuable things with friends or at a self-storage location.
- Do you need special conditions to store your things?
- Is it worth storing in the first place?
1.3. Different methods of storage while travelling
Usual storage while traveling methods
- Self-storage is a service that allows individuals to rent secure and convenient storage units when they need to store their goods.
- Our recommendation for self-storage in the UK is Big Yellow. We have used it and it is good.
- Set and forget easy monthly payments via credit card or direct bank.
- Relatively secure, modern facilities that are usually set up with keycard access and CCTV.
- Various sizes are available to suit your needs.
- They sometimes offer special storage facilities (temperature control, extra safety, etc.).
- Sometimes they offer the service of pick up and delivery of your things.
- Very handy access times to your things.
- Sometimes quite high set-up fees
- Security could be a concern
- There will be a monthly expense that you will need to factor in your digital nomad monthly budget
B. Leave with friends or family
- This is when you simply ask friends or family to keep your things while you are having your digital nomad life.
- There are slightly different ways in which you can use this option. These are: you can ask for them as a favor, borrow them things or pay to store with them.
- It is most likely free, no monthly fees to pay
- It is very safe (especially if you leaving your things with family)
- It can be difficult for you to store large items.
- It might be embarrassing for you to keep the items too long with friends and family.
- If something happens to some of your things you most likely won’t be able to complain since they might be doing you a favor.
Unusual storage while travel methods
C. Subletting a flat
- This is when you rent a flat under your name and you rent it to someone else “furnished” with your things.
- You might be making money on top of having a place to store your things.
- If it is a good property, since you kept renting it, you can always have it back if you decide to stop your digital nomad life.
- No ongoing monthly fees.
- You need to consider the logistics of finding people to rent as well as maintenance visits.
- The current tenants might damage some of the items you left in your flat.
- You can’t change this arrangement so easily if necessary since you will have a renting contract with your landlord.
- You might not be able to access your things since you will have a contract with your new tenant.
D. Buying/renting a cheap space
- This is when you rent or buy a cheap property to store your things.
- There are slight variations of what you can buy or rent. For example, you can get a commercial property, a residential property, or even a container.
- You should probably buy or rent a property in the outskirts of your town since such areas are much cheaper and you don’t need constant access to your things once you start your digital nomad life.
- This option tends to be cheaper than self-storage options if you have a lot of things to store. Even in the case of buying, if you consider the longer term, it might be a better deal.
- More options in terms of insurance if compared to self-storage. Also, you can choose to have no insurance whatsoever.
- In the case you buy a property, you will have cheap ongoing monthly fees (e.g. property tax).
- You can customize the storage place as much as you want (e.g. control temperature, air purifier, extra security, etc. )
- In the case of buying you will have an upfront investment.
- Some sort of logistical management (e.g. see if things are in order, pay bills) is necessary once in a while.
- You can’t change space so easily if necessary.
E. Sharing economy solution
- There are some websites that allow you to rent extra spaces from private individuals.
- You can think about this service in terms of the “Airbnbs of storage”
- Services we heard other nomads talking about, but we never tried:
- UK: https://www.storemates.co.uk/
- USA: https://www.neighbor.com/
- These tend to be cheap storing options.
- Easier to bargain the price down if compared to a normal storage business.
- Most likely this type of storage won’t be able to satisfy any of your special storing requirements (e.g. extra safety, temperature, etc)
- If something happens to your things, depending on the service you use, you might have a hard time getting some money back.
- No universal solution for this kind of service. It depends on the country.
1.4. Nomad Tactics recommendation of storage while travel
- If you want a quick and easy solution for storage while travelling we would most likely still go with the traditional self-storage due to its convenience.
- If self-storage in your city is too expensive then we would consider renting extra space in the outskirts of town.
- The very valuables things we would suggest to leave with your family.
Mr. B: Hey hello welcome to the nomad tactics podcast here provide life optimizing tips and systems for digital nomads. I'm your host B. and I'm joined once again by the co host Jack.
Mr. B: The episode today is about long term storage solutions for digital nomads.
Mr. B: I will start with a quick summary of the episode.
Mr. B: First me and Mister Jack are gonna talk about in which step of our broader their digital nomad life system this topic better fit in.
Mr. B: After that we gonna make some general considerations about long term storage for your belongings then we will talk about the different methods and solutions for long term storage.
Mr. B: Finally we gonna provide the nomad tactics recommendation in terms of long term storage.
Mr. B: I hope you enjoy the episode.
Jack: So hello Mister B.
Mr. B: Hello Mister Jack.
Jack: Pretty good how about you.
Mr. B: Pretty good just done a surgery a couple of days ago I am recovering well. Small surgery but yeah, let's keep it going.
Jack: Okay cool so the topic of today is storage options for digital nomad.
Mr. B: That's right.
Jack: And of course you know how we did it a Norman tactics are for the systems.
Jack: And one of the system we have here is the digital nomad life system.
Mr. B: Yep not one of the systems I would say the main system.
Jack: Meaning system I mean hopefully we're gonna have more system.
Mr. B: Yeah that's right.
Jack: And the of course the system is a step by step road map that help you become a digital nomad.
Mr. B: Yep.
Jack: So since this is a six step system.
Jack: Where do you think this topic a long term storage will fit in.
Mr. B: So I think this topic is quite easily situated in the first step of the system the first step of the system is called the nomadic life prep and this step aims to explain the actions that someone needs to take beforehand to ultimately transitioned from a normal stable life one could call to this new digital nomad life. Of course this transition requires a lot of considerations and the main considerations that we talked about within this first step up the system are financial considerations also logistical considerations and finally a psychological or mindset considerations and I think the topic today it's very clearly a sort of logistical considerations someone needs to make the idea here is that if you lived in a stable life over the years most likely you start to gather or two to keep stuff right most likely were not a very minimalistic person because there's no reason for you to be you have the house you had a stable place but that becomes an issue when you decide to become a digital nomad because you most likely won't be able to bring everything along with you some of the things maybe you don't wanna you know get rid off so you need to find a long term storage solution. So the first question for you Mister Jack is when you started your digital nomad life did you do anything in terms of long term storage.
Jack: Well personally I don't have a lot of things in the first place because here we at nomad tactics we recommend people to take on more minimalistic lifestyle yeah if you're going to take on the digital nomad journey so I don't have a lot of things in the first place and I store most of the things at my parents house.
Mr. B: Okay which is one of the solutions we we gonna talk about.
Jack: Yeah and how about you.
Mr. B: so yeah I did sort of a mix I would say. So certain things I left in self storage which is another solution we will talk about and other things same as you I left with family.
Mr. B: And actually some with friends as well.
Jack: I see so you you put your things in a lot of places .
Mr. B: yet I diversified they say.
Jack: So you take more than just one option so we just make this assumption like a person who needs a storage option but he is probably not a minimalistic person but in what different circumstance were there's no man or person will need to store his things.
Mr. B: Yeah I I mean I think the the basic assumption the basic consideration we need to make here before we start to talk about the actual long term storage solutions is that we are assuming you were renting, because if you were to own the place the solution would perhaps be very straightforward you own a place you just leave your things there and you go to your new digital nomad life and even if you were let's say to rent the place out or to listed on Airbnb you could put your things there and list your flat as furnished with your things so that would be perhaps the most straightforward solution. Of course I think the majority of people that want to embark in this new digital nomad life are quite young people.
Mr. B: And they do not yet own the place you think that's a fair assumption for us to make.
Jack: Yeah I think so I think if you don't have a place.
Mr. B: You got to think about other solutions you think about how to store things
Jack: yet so before your start looking at the storage options.
Jack: What kind of things do you need to think about it before you actually pay for service and store your things.
Mr. B: So before yeah before considering the this solutions there are a couple of questions that I think is very useful for you to to ask yourself the first question perhaps the most important question is is it worth to store my things in the first place.
Mr. B: And the rationale here is more less the following.
Mr. B: If you evaluate the things you have and you conclude that they value off the things and the utility of the things is not that high.
Mr. B: Perhaps you will be paying more for the long term storage than the actual value off the items actually how much the things are worth, it would be cheaper for you to sell your things and buy new things once you came back to your home country let's say that's something we were discussing a couple of days ago how when we started this digital nomad life will be the first thing we did we went through the things we owned and we decided which things are important for us to keep in our home country and which things were okay for us to get rid of.
Jack: Yeah I think it's a one of the process that every decision moment has to go through they actually thinking about going on a long term travel.
Mr. B: And if you think about it getting rid of things can be actually a very good option some people would argue you could get rid of everything that you're not taking with you.
Jack: Well that's a little bit extreme I would say
Mr. B: it is extreme no doubt some people are good there are some benefits to that and I mean of course you can get rid of things in slightly different ways. you can sell or you can donate but for example in the case you are selling things you could raise quite a bit of money and we know that this money could be invested in the basic gear that you gonna take you're going to take your new digital nomad life.
Jack: Yeah I know why some people on the internet do recommend that you have all your belongings they can fit into one bag.
Mr. B: Yeah.
Jack: I think that what they called a one bag or something yes it's a interesting philosophy to apply.
Mr. B: I mean it it ties really well with what you said previously to do with minimalism right so you said we advocate not only us of course is a a general trend within the digital nomad community to to try to be minimalistic but I think if you were to get rid of things.
Mr. B: You would in some way taking this philosophy to heart.
Mr. B: Perhaps that would be something beneficial for you on the long haul and apart from that I think one more pragmatic the reason why you would want to get rid of your things is because if you don't have anything in theory you could cut some of the monthly expenses off that you might have if you decide to have some sort of long term storage.
Jack: Yes so you don't have to pay the yeah the storage fee of onward travel it's always bother some notion that come in your head. So what's the next thing you have to think about or you decide to...
Mr. B: Two more quick considerations that I would make the first one has to do with how long you intend to store your things there is a very good reason to think about that and the reason is that some solutions some long long term storage solutions might be viable solutions for the short term.
Mr. B: Perhaps they're not very good solutions for the long time so just as an example let's say you decide to store some of your things with family and friends perhaps they will be very okay with that if you leave your things for a couple of months but if you were to leave there your things for years that could be bothersome to them assuming you are entering this new digital nomad lifestyle for the long haul that's something you ought to consider.
Jack: Yeah exactly thirty for how long he had a good storage tanks.
Mr. B: Because I think everybody that he's coming into this new lifestyle they usually don't come in already thinking about quitting right so you got assume the scenario in which you're going to stay many years on the road you know.
Jack: Yeah but I also see a lot of digital nomad they just go on let's say they they were first planned to go on year one year becomes two years becomes five years that's really never think about how long that actually going to travel
Mr. B: Because it's hard it's hard to predict because there are so many things can and have you so one final consideration it would make it has to do with the storage facilities like do you need any special requirements for the storage facilities and these will of course depend on the sort of things you want to start do you have super valuable things that require extra safety do you have a very delicate things let's say that require specific temperatures or very clean environment or do you have very fragile things that need to be handled with extreme care I mean I think for the most of us we don't have that many goods that many things that.
Jack: We don't have much valuables.
Mr. B: You can say so yes that's true yeah in my case and I think in your case we we don't have that many like super expensive things that you need to put in the bank based on this consideration we could go back to my initial point when you ask me what was my long term storage solution I said that I put my things in different places I put some of the things in the self storage all the things that I left with my family and also this other thing that I left some friends that's very important to keep in mind basically there's nothing that is stopping you from using different long term storage options depending on the nature of the thing you want to store so maybe the more valuable things you live with family maybe the more common things you live in self storage or friends I don't know.
Jack: Yeah those are quiet thoughtful consideration before you decide to pay a service.
Mr. B: Yeah.
Jack: And like you said you can always choose more options than just one single options.
Mr. B: That true.
Jack: Yeah so let's go into the main topic up today the storage option for digital nomad so here we divide the option into two categories one is the common one one is the not so common one.
Mr. B: Your usual methods the usual option and the unusual yet let's say
Jack: so the first one is self storage.
Mr. B: Self storage I think most people are familiar with this kind of service nowadays it's basically a service that allow people allow individuals to rent a secure and convenient storage unit you can keep your goods there for quite a long period I don't think there is a limit actually as I said I tried a couple different self storage services in the UK tried one call it big yellow I was very happy with it so surely recommend their services if you live in the U. K. in the US I never self storage stuff so it's kind of hard for me to say have you ever tried the self storage place you know.
Jack: But I did consider those locker
Mr. B: Which is a kind of self storage yeah.
Jack: Station or somewhere.
Mr. B: I see.
Jack: I do consider that before yeah.
Mr. B: So some of the benefits of using self storage first of all it's a set and forget monthly payment system where usually you set up direct debit and they going to deduct the amount every month so you don't need to be manually pay usually the facilities are quite secure they have CCTV and the and all lot of passcode for you to get into it.
Mr. B: In perhaps in the case of the lockers you sad that would be a kind of self storage that is not that secure depending on the country people could try to you know.
Jack: Get into it.
Mr. B: Okay.
Mr. B: The majority of services they have their own warehouse with a lot of codes and stuff like that.
Mr. B: The other benefit is the fact that.
Mr. B: Daisy have a lot of different sizes available depending on how much you want to store they sometimes have kind of special storage facilities so as I said previously maybe you need extra safety TV or kind of temperature controlled they might offer these options also some self storage's not all of those have pickup and delivery of your things usually you pay an extra fee and they can do that for you so yeah I think these are the main benefits do you have anything else to add.
Jack: Yes like to add that this type of service always kind of convenience you can always get there maybe twenty four hours from my experience.
Mr. B: Yeah the opening hours yeah many of them offer twenty four hour service which is great.
Jack: The drawbacks of self storage.
Mr. B: First of all some of those services have quite high set up cost like set up fees so if it's the first time you're going there to get your storage space you gonna charge extra there could be a security concern as Mr Jack said if you use a locker or even if you use their own warehouse who knows if you have something very valuable.
Jack: Only by you just mentioned usually they have key card access and CCTV.
Mr. B: But still depending on the thing I mean I think the CCTV and a key card access they are great because if something happened you could in theory see what happened exactly and they would be liable to pay but if it's such a unique thing that it's irreplaceable perhaps still not secure enough I mean so what I'm talking about is like you have some family jewelry.
Mr. B: You can't really get any money back for that right because it's something that has sentimental value more than a monetary value that's what I had in mind.
Jack: I see.
Mr. B: And finally.
Mr. B: The biggest drawback is the fact that you got to pay for it every month right.
Mr. B: And that will be a monthly expense and you're gonna need to factor in this expense in your monthly digital nomad budget.
Jack: Yeah no one likes to take money from the pocket exactly so the next option we have here is what I did leave your things with friends or family.
Mr. B: Common solution but a great solution I would say this when you simply ask friends or family to keep your things while you start your digital nomad life
Mr. B: Again there are.
Mr. B: Slightly different ways in which you can go about it you can simply ask a favor to your friends or family say.
Mr. B: Look and going to do that can I keep this kind of stop in your house you can also borrow them you can tell them look here I have this toaster
Mr. B: And you ask do you want to toaster and if they want the toaster.
Mr. B: You going to give to them to use it and when you're back you get it back.
Jack: Yes sounds like a great solution for toasters.
Jack: If you have an extra toaster.
Jack: Or finally you could actually offer to pay them.
Mr. B: You know maybe it will be cheaper than the self storage you're going to be a symbolic payment for this favor they're making.
Jack: Your or buy them a beer or something yeah.
Mr. B: I've I guess more than one beer in that case.
Mr. B: Benefits most likely it's free at least if it's the favor option so no monthly fees to pay it could be very safe if you trust your friends or even safer if you live with your family I think it's a great option but there are some drawbacks.
Mr. B: Right Mr Jack would you like to go over some of the drawbacks sure.
Jack: Of course the you can be sometimes embarrassing for you do you keep your thing for a real long time.
Mr. B: That's true.
Mr. B: So as we said maybe you want to do this digital nomad life for the long haul.
Mr. B: years and years to come the kind of weird to to leave two big boxes in their houses for five years.
Jack: Yes you would yeah then you would be hard for you to use if you want to store a really large item.
Mr. B: Yeah.
Jack: No they they get a what comes to mind say.
Mr. B: A treadmill.
Jack: Vintage piano.
Jack: I don't know why you have a piano yeah around your house when decided becomes a digital nomad but.
Mr. B: It would be fine if you say oh Hey can I just leave the piano in your house for a couple of days and then like ten years pass or something.
Jack: So the last drawback so the leave your things with her family or friends.
Jack: Is that if anything's happened to your thing you.
Jack: You probably can't really complain to them because they already doing you a favor
Mr. B: Yes that's right so I mean if things were to get stolen or broken somehow you would probably just need to accept it.
Jack: I see so the next category we have here is the uncommon approach.
Mr. B: Yes.
Mr. B: So does our approach is that.
Mr. B: We heard people doing.
Mr. B: Or we have done ourselves actually one of the approaches I I done before not in the beginning of my digital nomad journey but after a couple of years when I came back I changed the way I would do it the the long term storage.
Jack: So yeah these are just things that are not so commonly cited.
Jack: So the first one we have here is subletting flats.
Mr. B: I know what you're thinking that sounds weird how can you use subletting as storage.
Mr. B: But hear me out I have a very good friend that actually does that and it works really well for him as the name suggests when you're subletting flat you rent a flat from someone so the flight just in your name and you rent to someone else basically you become a landlord also youre a tenant and the landlord at the same time and when you are renting the flat to someone when you're subletting that's not someone you gonna sublet your flat as a furnished flat with your things right so basically the trick here is that you're storing your things as the furnish.
Mr. B: Flap for this new person and you might think why would I do that it sounds so complicated to do that to be honest depending on the flat and how much you like it I think it makes sense so let's go over some of the main pros the main benefits of doing the approach the first one is that.
Jack: You can make money.
Mr. B: You you're gonna be renting the flat to someone else and.
Mr. B: Usually when you're renting to someone else you are asking for more than you're paying right so if you have a flat in a very good location.
Mr. B: People are usually.
Mr. B: Willing to pay more first big benefit you might be making money.
Mr. B: On top of storing your thing so it's like a double benefit there.
Mr. B: Second benefit is that if it's a very good property and you really like it you can always come back to it if you decide to stop your digital life so let's say that for one reason or another if things don't work out for you as a digital nomad you never gave back the flat to the landlord since it's always in your name you just need to cancel the sublet agreement and you move back into your old flat and finally there won't be any ongoing monthly fees in the same sense of the self storage you might have some fee to do its.
Mr. B: Property tax or I don't know the bills if you did everything right you're gonna be making more money with the sublet then you're gonna be paying for it.
Jack: Yeah I guess this is type of thing if you have this ongoing already you don't really have to worry about it but if you your main focus is to store things I feel like this is too much work to do.
Mr. B: I think the main factors the main variables here that might make this subletting option viable or not are number one.
Mr. B: How good is the location of the flat because if it's in a very good location there will be a high demand for it right so won't be very hard for you to find renters and also the initial pricing which you pay so if you could bargain down the price with your landlord and the market price or rent or the renting price is way above that you won't be hard for you to find someone to pay this higher price told you gonna be able to make this extra money and at the same time store your things there as the furnished.
Jack: Yeah I guess if you really want to keep your apartment.
Mr. B: Yes.
Jack: So the other side of the coin of this approach is you have to find tenants.
Mr. B: Yeah yea
Mr. B: As you said might be logistically difficult right.
Jack: Yeah could be a bit annoying and the second one is the if you find someone and that person could cause damage to your things.
Mr. B: Yeah that's true the truth since you're leaving your things there the new tenant might break some of the things and you won't like that obviously.
Jack: and yeah so the third one is what we talk about can be seen as a benefit but it does so the drawback is you can't really changes where to want to live after you finish the digital nomad journey because you already have a renting contract with the landlord.
Mr. B: Okay are you agree cell there is some sort of difficulty to change arrangements since you're going to have a contract with your landlord.
Jack: and the last one is you probably can't really just go back to your place and say.
Mr. B: hey let me get my toaster. Till the tenent leave you gotta leave your things there
Jack: That's exactly so the next approach we have here is buying slash renting the place.
Mr. B: A cheap place.
Jack: Yeah so this this approach is very similar to subletting right.
Mr. B: I wouldn't say so because you wouldn't be renting to someone else you would be the one renting or buying the property the idea here is that you should find a cheap place you gonna put your things there and you can either rent that place or buy the place again very slightly slight variations here so you can get a commercial property a very cheap commercial property very cheap residential property or one thing that not many people think about you can get a container ship container they stand to be quite cheap you should probably buy or rent this extra space in the outskirts of your town.
Mr. B: Instead of the city centre because price in the outskirts tends to be much much much cheaper and also since you're not going to be in the city in the first place you won't need constant access to your things therefore it won't really matter where is the things right.
Mr. B: So yeah you can get in a kind of remote location if it's really cheap.
Jack: I think that's.
Mr. B: That's all right let's go over the main benefits of this approach the main benefit is that it tends to be cheaper than self storage options especially if you have a lot of things to store so if you have a lot of boxes let's say it's hard to quantify exactly you have a lot of boxes of storage the self storage places can get quite pricey so maybe is a better deal for you to rent or even buy a place yourself yeah you're gonna be saving money on the long term even in the buying option I think like if you do the math to get a really cheap place yeah it's going to it's going to be worth the second benefit is that you have more flexibility or more options in terms of the insurance you want to get it so sometimes self storage places have only one type of insurance and sometimes they even force you to buying insurance since the place is yours since it's a place you're renting or buying yourself it's up to you whatever insurance going to get you can get it and in that case you decided to buy the property a space you won't have on going monthly fee in the same sense of the self storage again you're gonna have other ongoing monthly fees like a.
Mr. B: Property tax or something like that but this tend to be way way cheaper than the self storage fee one more, the final advantage off his approach is the fact that you can customize a storage space as much as you want so if you want to make it really safe you can you know get a metal door.
Jack: yeah you can put on any level of security yeah.
Mr. B: Yeah or if you want to try to control the temperature I don't know whatever you want.
Jack: So the first drawback we have here is in case if you're buying the property you have to have to pay upfront investment.
Mr. B: Yeah so again in buying property that.
Mr. B: Might be quite a bit of money you you got to do the math to see if it's worth it or not.
Jack: Yeah and the the second here this you have to sort out the logistic while you're traveling.
Jack: Get someone to help you with that yeah the logistics you probably mean seeing if everything is in order to pay the bills you need to pay for like property tax or other that's what you mean right?
Mr. B: Okay so the last one is you can't really change places so easily
Jack: S. yes because you probably have a contract or you bought a place so it's a more rigid kind of arrangement there so it's hard to to change it's not but as I said I I actually I did this for a while I rented a place in the outskirts of town and it was much cheaper to be honest it was my cheaper. But at some point they decided that set I wanna go even more minimalistic can I get rid of most of the stuff.
Jack: And then since was quite little it didn't make sense to rent a space myself and they put on self storage.
Jack: What what in terms of cost it was cheaper so I think that's a very viable option for people.
Mr. B: So the next evolution we have here is sharing economy solution.
Mr. B: Which is kind of an umbrella term right yeah.
Jack: Uber or Airbnb
Mr. B: That's that's basically what sharing economy so you are this websites that allow you to rent extra space from private individuals rather than the business like in the self storage case and I just have you can think about the service in terms of the Airbnb.
Mr. B: Or the Uber of storage right.
Jack: Yeah exactly.
Mr. B: Being very honest we we discuss about this before Jack we never tried the services we heard about those I know a couple of people that try those but we never tried ourselves so it's very hard for us to give a very strong recommendation I gonna simply mention two
Mr. B: Of these services that I heard all other digital nomads or people more generally talking about and this are in the case of the U. K. so if you live in the U. K. there is a service called storage mates dot co dot UK so you could check it out and in the case of the U. S. there is neighbor dot com.
Jack: Yes we just never try those services.
Mr. B: You wanna perhaps just give us some of the the main advantages in your opinion about this kind of sharing economy solutions for long term storage.
Jack: So the advantage for these option this service first of all they tend to be cheaper than the self storage servers.
Mr. B: That's true that's true.
Jack: And the second one is and always tried to bargain the price.
Mr. B: Negotiated price yeah is it a little bit like comparing Airbnb and hotel okay.
Jack: There is much.
Mr. B: Easier for you to try to negotiate a price now if an Airbnb host than a hotel
Jack: Not sure I'm gonna actually you go should price if I'm gonna put my things for a year or so
Mr. B: Yeah yeah they might say oh yeah it's fine this cheap price.
Mr. B: Come back nothing there.
Mr. B: But I think most of the services the ones that we mention.
Mr. B: I have a look on the website and.
Mr. B: It seems like they have insurances and I think they do some sort of background check on people I hope.
Mr. B: And yeah you can try to bargain down by the way.
Mr. B: Mr Jack I think now would be an appropriate time for us to plug our our Airbnb script.
Mr. B: Right.
Jack: Yes it is true we we do have a there may be new negotiation scripts on our website which is.
Mr. B: it's on the right side
Jack: Detailed step by step script telling how to negotiate the price was the potential Airbnb hosts are you gonna live in
Mr. B: Yeah it's on the right side it's on like the right side that right by.
Jack: Yeah it's.
Mr. B: Saying blue.
Jack: Black widget.
Mr. B: Yes.
Jack: You can see there's a cover of the ebook
Mr. B: Yeah we did research we use different sources online resources to formulate also our personal experience also just talking to digital nomads in general got tips from all these different sources and you know put them together into this little guide but I think it's very useful and you can save a lot of money.
Jack: Yeah sure you just need to input your email address and you can get the guide
Jack: perfect so what are the drawbacks of this approach.
Mr. B: First drawback I think you kind of alluded to it might not be that safe perhaps I mean I'm I'm not saying it some say because some of the services claim they offer insurance but basically the idea here is that if something happened to your things depending on the service you used I'm not sure how easy it would be for you to get your money back or I'm in the equivalent money from the lost or whatever maybe it's easy but that's just something to consider how much risk are you willing to take because you're leaving at your things in someone's house so potentially there is a risk there also possible drawback is that most likely won't be able to.
Mr. B: Get storage space with any specific features or you you won't be able to ask for any special storing requirements like extra safety or special handling.
Jack: That you don't you can have your things stored in the condition you want.
Mr. B: more or less yeah you gotta adapt to the conditions they have but I think that that's fine for most of us but most of us don't don't have such special things we did just what is this anywhere.
Mr. B: and finally they they last drawback is the fact that there is still as far as I know there's still not a universal solution terms of service that offered this kind of thing worldwide so as we mentioned before there is this website for the U. K. there is this website for the US but there's not like a universal thing like Airbnb is.
Mr. B: So it might be kind of annoying.
Jack: The region restricted services.
Mr. B: Yeah yes.
Jack: Yeah hopefully you gonna expand their service.
Mr. B: Yep.
Jack: On to the world and so Mister B. we have gone through all the foreseeing solution for this type of storage options.
Jack: Which one's your favorite.
Mr. B: I would say that my favorite solution is a mix of solutions I don't know if you will agree with me Mr Jack.
Mr. B: In my case I think that for the majority of the people.
Mr. B: And if you just want a quick and easy solution.
Mr. B: The best thing still would be to go for the traditional self storage is just too convenient.
Mr. B: Not that expensive so I would I would still go for self storage but in the case you live in that quite expensive city.
Mr. B: Or for one reason or another the self storage is expensive in the area you live.
Mr. B: Then I would go for renting extra space yourself in the outskirts of your town and finally I would say that the very valuable things both in terms of monetary value or whatever sentimental emotional attachment you have I would leave with your family or very close friends because I don't know it's just it feels safer for maybe is not safer but it's just like feel like they wouldn't you know do anything with those kind of things.
Jack: Yeah but I think the most important things for any digital nomad want to be there nowhere to keeping mind is that we should try to have at least things as possible if you are actually going on the really long term journey.
Mr. B: Yes.
Jack: Now we have something store in somewhere in your city is always bothersome tooth.
Mr. B: Some come up in the back of your mind.
Jack: Is always come up.
Mr. B: Yet.
Mr. B: Thank.
Jack: You so Mister B. I think this is the end of the episode do you want to add anything to it.
Mr. B: No surprise in the I don't have any.
Mr. B: Caveats or considerations debated it is so if you like this episode please make sure to leave a review and rating on your listening platform and if you want follow us you can always go on different social media finding Norman tactics like Facebook Instagram Twitter Pinterest
Jack: Interest yes and why Mr B said if you want the Airbnb Negotiation script you can call websites Nomad tactics dot com you can find the often form on the right hand of the widget the second one.
Jack: Or alternatively you can go on this podcast episode description to find out the short links to the Airbnb negotiation script.
Jack: So thank you very much for listening thank you very much.
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