Managing Your Self-Storage Facility with Revolving Rates
Monday, August 01
When you are first opening a self-storage facility you want to make sure that your rates are competitive enough that you will be able to fill your self-storage facility quickly. You can’t raise rates on empty units. On the other hand, you don’t want a mass exodus because you raised the rates to...
Consistency is the Key to Avoiding Mistakes
Friday, July 29
When you rent out a self-storage facility unit, you want to make sure that you follow the exact same steps every time. While this may seem tedious to your manager, you are keeping yourself from the possibility of having a lawsuit on your hands. You always want your manager to walk out to the u...
Managing Your Self-Storage Facility is a Critical Component of Success
Wednesday, July 27
When you are looking for a manager for your self-storage facility, you need to remember that there are different kinds of managers. There are the caretakers. These are the managers who simply collect the rent, make sure the units stay clean, rent out new units and report maintenance issues. An...
Buying Your Property Right is Important to Your Financial Success
Monday, July 25
When you are looking at a self-storage facility, you may be wondering if you are buying a good opportunity. There are two times when you make money on a property. When you buy it, and while you are managing it, or collecting rents. While you make think that you make money when you sell the prop...
Working with the City Council for project approval Part 3
Friday, July 22
Even though you have had your neighborhood meeting and have alleviated a lot of the neighborhood’s concerns, there is always someone who is going to show up at the city council meeting to complain. Try to find a few neighbors who are on your side and ask them to come to the city council meeting ...
Working with Neighborhoods to get Self-Storage Approved Part 2
Wednesday, July 20
Once you have gotten your neighborhood meeting set up and your online webinar with the neighbors set up, now you need to get ready. There are several things that you know people are going to be afraid of. You already know that they are afraid of the noise. Put together a power point that expla...