Self-Storage Drought – Create Your Own Well
Friday, November 17
In some areas, no matter how good your marketing plan is, you may not get the results you are hoping for. There are many reasons for this, but often it is because the market is undersaturated. This means that there isn’t enough self-storage available. Because there isn’t enough self-storage on...
Self-Storage Secrets - Running the Numbers on the Fly
Wednesday, November 15
How many times have you stood in front of a vacant lot or a potential conversion and wondered, “Will this work? Will it cash flow? How many units can I even put on this property?” These are critical, need to know, questions. If you don’t know what the potential of the property is, then how wi...
Creating a Marketing Plan
Monday, November 13
When you are running any business, one of the number one thing that you need to focus on is a marketing plan. How much are you going to spend on marketing? Where are you going to market to find self-storage? Who is your target audience and what are the best ways to reach them? Every business ...
The Lead Roller Coaster
Friday, November 10
Have you ever sat at the front of a roller coaster? The exhilaration as you start down that first big hill, the twists and turns and stomach dropping ups and downs. While riding a roller coaster at an amusement park is fun, getting on a lead roller coaster can leave you frustrated and banging y...
Is Your Realtor the Right Fit for You?
Wednesday, November 08
One of the key members of your team is your Realtor. They help you with negotiations, they help you find properties, they help you with market analysis, and they help you with a myriad of other things that come up during a transaction. However, if your agent is distracted, or focused on other c...
Why Converting Your Self-Storage Project in Phases Might Help!
Monday, November 06
In a lot of areas, all of the self-storage facilities are owned and no one is planning on selling them any time soon. When you run into those situations, you have two options, build a new facility, or convert an abandoned property. There are so many commercial pieces of property that have been...