When you are a self storage facility owner, you quickly learn that the key to making money is to push the facility to be worth more than what you paid for it. There is a well-established formula for doing this. Here are a few of the top tips that can be applied to any facility.
Today’s storage facility manager is not someone who simply stands behind a counter and mindlessly takes payments and answers phones. These managers need to be able to handle a wide range of duties. These range from having great customer service skills, to the ability to preform maintenance, basic marketing skills. They will also need to
It is no surprise that self storage facilities make their way onto our tv screens relatively frequently. They are in the backgrounds of tv shows and movies. Most commonly, though, they appear in crime shows! Because of that they have a sense of mystique and danger. Let’s look at 10 shows and movies that have
As a business owner, there is just something about increasing the value of your business that bring a special kind of joy. Maybe you are trying to increase business, or market appeal to sell. Or maybe, you just want the best business you can build! Regardless of the reasons, here are 10 ways you can
For many families, moving is not something that happens often. It isn’t uncommon for a family be in the same place while raising the children and for their first move to be when they grow up and move out onto their own. This isn’t the case, though, for military families. They know that frequent moves
Technology is something that we are all having to learn and adapt to here in 2019. It seems like as soon as we conquer one new kind, it is either updated or replaced! It is imperative, though, that we bring this technology into our facilities. What kind of tech are we talking about? Check out
The duties of a self storage manager are many! With all that they have on their plates, let’s have a list of 10 maintenance reminders of things that cannot be overlooked. Spring Cleaning- Winter takes its toll on facilities. It can make them look dirty and unreputable in the spring! Spring cleaning should include checking
Welcome to our next article series. There are so many different things to cover when talking about self storage. For this series, we want to go behind the scenes of ownership and management, talk about some storage tips and tricks, and even tell some humorous stories. Join us below for the first article “Why Self
When you think about the operations of a self storage facility, what are some of the first things that pop into your head? The all metal construction? Moving trucks? What about the locks? Locks may seem like a small, insignificant aspect, but without them self storage facilities would cease to function properly! Let’s talk about
We live in a world that could be described as “sue happy”. People are ALWAYS looking for a reason to enter into a lawsuit. Coffee being too hot. Careless Falls. With just a quick google search you can drum up hundreds of frivolous lawsuits. There is no reason, though, that you should have to endure
I was walking down the aisle in Walmart the other day when a display caught my eye. It was an entire shelf FULL of vinyl albums! I haven’t seen those in stores in so long I can’t even give you an approximation. That made me curious so I did some “Googling” and came up with
We have taken the past 10 blogs to discuss various reasons why investing in self storage is such an incredible investment sector. Let’s take this final article in the series to recap what we learned. Penny #1 – “No trash, no toilets” – This, I think, is one of my favorite points! With self storage ,
Real estate investing is not something earth shatteringly new, right? It is something that has been done in one form or another since the beginning of humankind. In our final penny, #10, of “Why Self Storage is a Dime”, we are going to chat about how self storage is a stable market to be investing
Just joking! The word easy and manage are two words that don’t really coincide well together. If it were easy, everyone would be doing it, right? With that being said, though, self storage facilities really are not that difficult to manage once you have identified what needs to be done, the time frame in which
Welcome to penny #8 in why self storage investing is a “dime”. Today we are going to talk about self storage and the college student. College students are one of the reasons why self storage will never die! In 2018 there were 16 million college students in the US. Putting that into perspective that’s almost
Hello, hello! Welcome to penny #7 of why self-storage investing is a “dime”. Today I wanted to talk about the seasonal upkeep of storage facilities. It doesn’t matter if you live in the tropics, the tundra, or the desert, you will need to have a plan in action for seasonal upkeep. It is true that
In last weeks article we talked about drive up self-storage facilities and what kind of storage they are good for. This week, I want to chat for a bit about inside access facilities. These facilities are indoor storage units are only accessible through hallways inside of a large building. When Should You Use an Inside
Welcome back to our next article about why self-storage investing is a “dime”. With there being varying types of facilities to purchase or buy, it is important to consider each varying type to decide which is best for you and for the area you will be marketing to. Today, we will be considering drive-up facilities.
Welcome to the fourth “penny” of why self-storage investing is a “dime”. You want to make sure that you are prepared in knowing what kind of storage you want to have. Do you want to specialize in one kind? Or would you like to appeal to the masses and be a jack of all trades?
It is no secret that most self-storage facilities are all-metal constructions. Can you think of any other type of real-estate investment that shares that quality? I sure can’t! (Unless you are part of the ‘shipping box apartment’ trend, that is.) It may not be the ‘prettiest’ type of building, but there are some serious benefits
