Is RV and Boat Storage Right for You?
Monday, April 03
There is another aspect of self-storage that we haven’t discussed in a while. When you are in the right location, RV and Boat Storage can be profitable additions to your self-storage facility. Sometimes, when you purchase a property for a conversion, it will come with a large parking lot. This ...
The Fifth Rule of Thumb & Tenant Insurance! – Protect Yourself!!
Friday, March 31
In today’s society, if you can find a way to protect yourself from a potential lawsuit, you want to do it. Your lease helps to insulate you from liability should something go wrong, but requiring your tenants to have tenant insurance is another way of protecting yourself from potential lawsuits ...
The Fifth Rule of Thumb & Your Lease – Why you need a great lease
Wednesday, March 29
Managing your property doesn’t just mean managing your managers, your marketing, and your advertising. It also means making sure that you are managing your basics too. There are 4 things that you need to make sure you are managing well if you want to be successful. Today we are going to talk a...
The Fifth Rule of Thumb – Managing and Buying an Existing Facility
Monday, March 27
Most of the time you will buy an existing facility. There will be times when you build a new self-storage facility. When you take over a new facility, you want to make sure that you prevent a max exodus by handling the change correctly. Many of your tenants will be nervous about probable change...
The Fifth Rule of Thumb – Managing Community Awareness!
Friday, March 24
I have said this before, and now I want to emphasize this, “if no one knows you exist, how can they rent with you?” Your marketing and your community awareness are crucial to getting tenants in your self-storage facility. If people do not know that you are open or do not know that you have impr...
5th Rule of Thumb- Managing your Marketing!
Wednesday, March 22
Your website is only your best friend if people know that it exists. In fact, if people don’t know that you exist, then how are they going to rent with you? In today’s world, everyone is online. We text, we chat, we use social media, we even get our news online. Are you online? If not, you d...