Investment Real Estate, LLC’s Posts

Investment Real Estate, LLC’s Posts

Economic Outlook for SS

GUEST BLOG: Economic Outlook for Self Storage – The Tail of the Cycle

Submitted to Investment Real Estate by Paul Sloate, Founder and CEO of Green Drake Advisors For the Real Estate Investor, the cycle tells all. Early in the economic cycle, opportunities abound, but money does not. And as time progresses, the money becomes more and more available, but the opportunities become less available. Unlevered returns begin […] Read More
financial modeling

Preparing to Purchase a Self Storage Facility, Part 6: Financial Modeling

The process of forecasting future performance with the goal of calculating a particular metric or set of metrics is called financial modeling, which is the subject of this blog, and Part 6 of our Preparing to Purchase a Self Storage Facility series. Here’s the scenario: Wanting to purchase a self storage facility, you’ve started to […] Read More
google my business

GUEST: Google My Business and the Future of Google+

Submitted to Investment Real Estate by Laura Gattis at The Storage Group Not-so-breaking news: Google+ is gone. By the time this blog is published, Google+ will have shut down permanently, causing panic for self storage facilities and businesses that used it as a way to boost their organic Google search rankings. But there is no reason […] Read More
Beneficial Tenant Insurance

GUEST BLOG: Why Self Storage Tenant Insurance Is Beneficial

Submitted to Investment Real Estate by Maureen A. Lee at Xercor Insurance Services LLC Self storage owners are in the real estate business, that is, the business of renting space to consumers. However, just as real estate agents are not responsible for the home once it is sold or rented, self storage operators are not responsible […] Read More
PA Legislation Changes to Storage Insurance

GUEST BLOG: PA Legislation Changes to Self Storage Tenant Insurance

Submitted to Investment Real Estate by Maureen A. Lee at Xercor Insurance Services LLC On October 24, 2018, Governor Tom Wolf, the Governor of Pennsylvania, signed into law House Bill Number 504 which allows self storage operators to offer or sell self service storage insurance in Pennsylvania through obtaining a limited lines insurance license. The passage […] Read More
Social Media Platforms

GUEST BLOG: Most and Least Beneficial Social Media Platforms for Self Storage

Submitted to Investment Real Estate by Stephanie Pelski at The Storage Group Many businesses try covering all the bases when it comes to social media. Instead, they really should be specializing in a handful of platforms. Quality takes precedence over quantity. Your facility should never assume a “one size fits all” mentality toward social media […] Read More
choosing a business entity

GUEST BLOG: Choosing a Business Entity – The Pros and Cons

Submitted to Investment Real Estate by Frank H. Countess at CGA Law Firm When a person starts a business, one of the first issues that must be tackled is choosing what type of business entity to become. Generally, there are four kinds of business entities; A Sole Proprietorship, a Partnership, a Limited Liability Company (LLC), and a […] Read More
Tax Strategies

GUEST BLOG: Tax Strategies for Self Storage Owners to Recoup More Business Expenditures

Submitted to Investment Real Estate by  Kevin A. Eisenhart, CPA, MBA, MST, Partner at RKL Tax Services Group Did you know there may be significant unrealized tax savings in your self storage facility? Strategies like cost segregation, bonus depreciation or Section 179 expensing can produce a number of benefits for facility owners, including accelerated deductions and […] Read More
Tax Reform

GUEST BLOG: Tax Reform Provides Major New Tax Savings for all Self Storage Owners

Submitted to Investment Real Estate by  Warren Dazzio & Don Little at Cost Segregation Services, Inc. The Tax Cuts and Jobs Act and the Tangible Property Regulations (TPRs) have brought about major reform in the tax laws for all building owners, especially self storage owners. Below are several strategies to maximize deductions and lower your income taxes creating […] Read More