Self Storage Resources from Our Experienced Team

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

04/11/2019 |

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

GUEST: Google My Business and the Future of Google+

03/21/2019 |

Investment Real Estate, LLC

Business For Buyers For Owners For Sellers Management

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

Understanding Cap Rates and How They Affect Self Storage

03/07/2019 |

John Gilliland, President and CEO

Brokerage For Buyers For Owners For Sellers

If you are a self storage owner looking to sell your property, or you are looking to purchase your first or next self storage property, your real estate broker will discuss values with you in terms of cap rates. Secondly, if you are a self storage owner and you are interested in refinancing your facility, […] Read More

GUEST BLOG: Discover How Self Storage Sale Price Allocations Impact Buyers and Sellers

02/21/2019 |

Investment Real Estate, LLC

For Buyers For Sellers

Submitted to Investment Real Estate by Johnathon W. Heller, CPA, Manager in the Tax Services Group of RKL LLP Imagine that you’re buying or selling a self storage facility. You’ve agreed on the price, the bank is ready to close the deal and the attorneys have agreed to the liability language. Everything is wrapped up, […] Read More

have self storage broker value your property feature

Top 5 Reasons to Have a Self Storage Broker Value Your Property

02/07/2019 |

Kevin Bledsoe, VP of Brokerage

For Owners For Sellers

You have many choices when selecting a broker to sell your self storage asset. It can seem like commercial real estate brokers are a dime a dozen these days. However, there are many benefits to having a broker who specializes solely in self storage value your property. Most commercial real estate brokers focus on high […] Read More

GUEST BLOG: Why Self Storage Tenant Insurance Is Beneficial

01/24/2019 |

Investment Real Estate, LLC

Business For Owners Management

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

How To Be An Attractive Self Storage Buyer

01/10/2019 |

Yevgeni Kaniayev, Brokerage Advisor

Brokerage For Buyers For Owners

In a market where demand for self storage properties greatly outweighs the supply of available facilities, you’re often forced to compete against many other willing and able buyers. At that point, your offer needs to be as attractive as possible in order to be selected, or at least be considered for a counteroffer by a […] Read More

PA Legislation Changes to Storage Insurance

GUEST BLOG: PA Legislation Changes to Self Storage Tenant Insurance

12/13/2018 |

Investment Real Estate, LLC

Business For Buyers For Owners For Sellers Management

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

Misconceptions About Self Storage Development

12/06/2018 |

Kevin Bledsoe, VP of Brokerage

Feasibility Studies For Buyers For Owners For Sellers

Right now the self storage industry is in a construction boom, with many self storage facilities under construction all across the country. Chances are good that if you’re reading this blog, you are considering building a self storage facility, or there’s one being built near your facility. Below is a list of the most common […] Read More

Beginner’s Guide to Boosting Your Storage Property’s Value Part 3: Managing Your Unit Mix

11/15/2018 |

Justin Quinto, Brokerage Advisor

For Buyers For Owners For Sellers

In Part 3 of our Beginner’s Guide to Boosting Your Storage Property’s Value series, we focus on managing your unit mix to increase your property’s value. These are great items to tackle in preparation to sell your property and also a perfect way to increase revenue if you plan to retain ownership for the foreseeable future. Let us […] Read More