Call Centers – The Pros and Cons – Part 2
In our previous article, we covered the pros of call centers in a self storage facility business. But as we said, there are always two sides of the coin. Let’s talk about the cons. Cons Its no secret that putting facets of business into the hands of others can be scary and stressful. It is […]
Call Centers- The Pros and Cos – Part 1
“Hello, please hold.” “Yes, let me transfer your call” “Your call is very important to us. Please stay on the like and your call will be ordered in the order it was received.” Have you ever been on the receiving end of this kind of poor customer service? What about when you are put on […]
Boosting Revenue with Moving Truck Rentals – Part 3
So we have coved the things that should be considered in deciding whether you want to be a dealer or an owner and what things you need to get into place before you officially open business to the public. Now we want to chat about the best practices you can follow if you are looking […]
Boosting Revenue with Moving Truck Rentals – Part 2
In our previous article, we touched on the benefits of having moving truck rentals available at your facility. Let’s continue the discussion and cover a few more points that should be considered in making such a big decision. The financial health of your business really needs to be your top priority when you are trying […]
Opportunity Zones: An Investment Opportunity With Tax Benefits
Understanding the Benefits There are several benefits to investing in an OZ. The first is tax deferment. Investors can defer the tax on any prior gains invested in a QOF until the date on which the investment is sold or exchanged, or Dec. 31, 2026, whichever comes first. The new law gives you 180 days […]
Opportunity Zones: A Self-Storage Investment With Great Tax Benefits
By now, most active investors in real estate have at least heard the term “opportunity zone” (OZ) even if they aren’t completely clear on what it is or the advantages this incredible program provides. An OZ is an economically distressed community in which new investments may be eligible for preferential tax benefits. These areas have […]
How to Get Your Self Storage Facility Involved in Your Community
This may sound like a silly, extra time consuming things to do, but it is truly a great way to boost your business! Community involvement is one of the easiest ways to make your business name known and to show that you are not only looking out for yourself and your business, but that you […]
Smart Ways to Increase the Value of Your Facility
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. […]
10 Times Self Storage Made It On To the Big Screen
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 […]
How Can You Add Value to Your Self Storage Facility?
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 […]
How Can Military Families Best Utilize Self Storage?
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 […]
How Can You Bring More Tech into Your Facility?
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 […]
Maintenance Factors that Cannot be Overlooked
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 […]
Why Self Storage Will Continue to be Needed
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 […]
Lock It Up – 4 Lock Tips
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 […]
Save Money By Being Proactive
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 […]
Vinyl is Alive! – How to Help Your Customer Store it Properly
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 […]
Self Storage Is A Perfect Investment – Recap
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 , […]
Self Storage – As Reliable as the Sun – Penny #10
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 […]
Self Storage Facilities are Easy to Manage- Penny #9
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 […]