Self Storage Investing - Business

Use Social Media to your Advantage

Did you know that 69% of American adults use at least one form of social media regularly? As the internet continues to dominate, it is important for you, as a business owner to follow suit when it comes to your marketing. Want to know the best thing about using social media as a marketing platform?

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Self Storage Investors

Color Theory and the Self Storage Facility Owner

Have you ever tried to envision what life would be like if it was in black and white? Watching tv with my grandparents always got me thinking about what that would be like. No admiring the way the colors of a rainbow run together. No determining how juicy a strawberry will be just by looking

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Self Storage Investing - Scott Meyers

Ask Scott: Negotiating Zoning Problems

“We just got shut done on a Self Storage Project in a rural community.  The land use plan basically talks about exclusively agriculture only and no commercial use.  How does a person begin to navigate getting approval for a self storage building?  We have made it blend in with the surrounding farmland by modeling it

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Self Storage Investors - Business

3 Easy Ways to Improve Your Storage Facility’s Impact on the Environment

Marketing a self storage facility today can be a bit of a challenge! How can you make this easier on yourself and ultimately make your business more successful? By making your facility more environmentally friendly. Consumers love supporting companies who are going green and who are making an effort to be environmentally-conscious. It doesn’t matter

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Mezzanine Investing - Self Storage

Filling a Self Storage Unit: Think Vertical!

By using a storage unit, you can achieve maximum efficiency by reducing the amount of clutter in the home and in the office. Make the best of your off-site storage with by utilizing the following tips: Where to Put the Furniture The manner in which you arrange your belongings will be a direct impact on

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Commercial Real Estate Investing

Ask Scott: Shipping Container Facility

“Does anyone have any experience with shipping container storage facilities? I’m looking for container suppliers.  Planning to start with a few 10 x 20 containers and see how it goes.  Anyone with experience who’s brain I can pick. We are looking to diversify from Buy and Hold RE.” Hey! The Shipping Containers that we recommend

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Investing in Storage Units

Tips for Combining Households

There is no refuting that combining two households is an exciting time and step in life. This time, though, can also bring its fair share of stress. Don’t let disagreements dampen your enthusiasm! Take heed of the advice below when starting down the path of combining your lives together. Ditch the Clutter Making yourselves a

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Commercial Real Estate Investing

Ask Scott: “On Demand Storage”

“Curious if you have researched this new business model of “On Demand Storage”?  I noticed UHaul appears to be going “all in” on the U-Box.  In Texas we have seen Call Box Storage open up in DFW, Austin, and Houston.  There are several others that appear to be off and running – Makespace, Stash Storage,

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Scott Meyers - Business

When the Worst Case Scenario Happens

There are horror stories about self storage facilities all over. You read them in the paper, see them portrayed on tv shows, and maybe have even experienced some yourself. Have you ever thought to take a step back, though, and make a plan on what to do if you find yourself and your facility in

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Self Storage Investors

Ask Scott: Equilibrium Sq Ft per Person in Rural Areas

“I have read that for determining equilibrium a good rule of thumb is to use an avg of somewhere between 7-8 sq ft of self storage per person within the radius you are analyzing.  However we all know each market is very different.  In analyzing small towns in more rural areas what number do people suggest

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rossville self storage

Manage You Self Storage Investment with Care

If you are the owner of a self storage facility, you are one of the many who helped to break some industry records! With so much competition popping up, passive management is no longer an option! If you want to survive the boom in the industry, you are going to have to dig your heels

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Private Placement Memorandums - Storage Professional

Ask Scott: Getting Started in Self Storage

“Hey Scott! I’m looking for some ideas on how to get started. I listened to a few BP podcasts yesterday on self-storage, launromats, RV parks, etc. but was hoping to get a bit more granular on specific steps one should take in order to: explore the market (resources for this – where to look, etc.) find prospective

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Self Storage Investing Tips

3 Tips for Self Storage Newbies

I’m a member of a few real estate forums out here on the interwebs, and I get notified when the topic of self storage becomes active. So, when I spy a post where someone is about to make a major mistake because of their laziness or outright ignorance (and I say that with peace and love),

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Self-Storage Facilities For Sale

Where To Find Self Storage Facilities For Sale

Okay, so you’re convinced that you want to look at buying an existing self-storage facility, but how do you go about finding suitable business opportunities? Well as we’ve already discussed, with all of the advantages that self-storage facilities offer, this makes it difficult to find a number of facilities for sale compared to other property

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Plan For Investing

Things To Know When Starting Your Own Self Storage Business!

It’s a start! A first-time self-entrepreneur in the industry of self-storage business has understandably a lot of questions in mind. Is there a guarantee that I will profit from this? What are the chances that this is not a dead-end industry? What are the business’ limitations? Obviously, a first-timer has their own jitters as they

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Investing in Storage Units

What Does A Self-Storage Business Manager Really Do?

Self-storage is a business where a tenant rents out a unit or space from a storage facility for personal or professional use. He can access it anytime while he’s renting it. The self-storage business manager is the person who runs and operates a self-storage business facility. On-site self-storage business managers (living within the facility) and

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Investing in Self Storage

Tips for Video Marketing

If you’ve ever wondered about video marketing, in this video I provide a quick glimpse on how to market your facility online, primarily through social media. A few tools of the trade don’t have to be progressive as you think. You don’t have to have a production company or a $1,000 camera. In fact, it’s pretty incredible what

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Investing in Storage Units

Insurance Programs for Self-Storage Tenants

People store their belongings to self storage facilities for various reasons. However, some people who rent the units assume that the self storage owner will automatically provide insurance for every belonging that they store. It is true that self-storage facility providers are responsible for ensuring that the clients’ possessions are protected. On the other hand,

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Invest in Storage Units

How to Analyze a Self-Storage Facility

Whether you’re an experienced self-storage investor or exploring the opportunities that exist in this industry, a baseline understanding of the steps to consider when acquiring a facility will aid in making smart decisions. Check out my video and learn some of the basics, such as: Eliminate the “Guesswork” When Evaluating Facilities Capitalize on Undervalued Bargains in

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