Collection of Blogs

Self Storage Resources from Our Experienced Team

How to Choose Land for Self-Storage Development

How to Choose Land for Self-Storage Development

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Kate Scheib
Self Storage Events
When considering a piece of land or property for a self-storage development, multiple factors come into play. Some land is more suitable for self-storage development than others, meaning you need to understand what’s involved in making the right choice for your new business.  You’ll mainly need to consider the data and insights you collect about […] Read More
Most Important Factors for Self-Storage Feasibility Studies

Most Important Factors for Self-Storage Feasibility Studies

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Kate Scheib
Feasibility Studies
If you’re planning to build a self-storage facility, you want to ensure it’ll be a success. Performing a feasibility study will help lenders determine whether your self-storage project is worth pursuing. What’s more, some lenders require a feasibility study before they’ll extend a loan. A feasibility study evaluates whether your self-storage project will generate enough […] Read More
What Type of Zoning Is Needed for Self-Storage Units?

What Type of Zoning Is Needed for Self-Storage Units?

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Kate Scheib
Self Storage Events
Zoning laws are essential for self-storage units, as they regulate what the land is being used for. These laws are defined by government bodies and establish how the land can or can’t be used in a given area, setting rules for development. These laws split the land into different categories, including residential, commercial, agricultural, industrial […] Read More
Tips for Performing Self-Storage Market Research

Tips for Performing Self-Storage Market Research

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Kate Scheib
Business
Investing in a self-storage facility is a big decision, requiring significant amounts of time and money. Before you make that investment, you want to be sure there’s room in the market for your facility. Performing self-storage market research will help you determine whether your self-storage property will be successful. How Do You Do a Self-Storage […] Read More
Self-Storage Property Underwriting Process

Self-Storage Property Underwriting Process

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Kate Scheib
Investing
The underwriting process is a vital part of a self-storage facility sale, determining the property’s potential profitability and value. With numerous steps and players involved in underwriting, there’s a lot to wrap your head around. Read on for a comprehensive explanation of how to underwrite self-storage properties. What Is Self-Storage Underwriting? Underwriting involves assessing the […] Read More
Understanding DSCR in Self-Storage

Understanding DSCR in Self-Storage

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Kate Scheib
For Owners
Virtually every self-storage investor purchases their property using debt. Investors use leverage to limit their upfront expenses and finance the remaining costs with a loan. When you apply for a loan, the lender will evaluate your debt service coverage ratio (DSCR) to determine the potential risk of working with you. What Is Debt Service Coverage […] Read More
Institutional vs. Private Self Storage Investors

Institutional vs. Private Self Storage Investors

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Kate Scheib
Self Storage Events
Self storage facilities are a top competitor in the current commercial real estate market. Storage properties proved their stability as they showed consistent occupancy and revenue during the 2020 lockdown. Now, as new units are being built, the question is how the investment opportunities of these facilities may change.  Institutional and private self storage investors […] Read More
How to Expand Your Self-Storage Portfolio

How to Expand Your Self-Storage Portfolio

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Kate Scheib
Brokerage Business
Investing in real estate has the potential to bring investors growth and excellent return on investment (ROI). There are many different real estate investment sectors, and the self-storage sector has gained attention over the years. Self-storage is in high demand even during times of financial hardship, making self-storage a relatively recession-proof investment. Self-storage investment opportunities […] Read More
What Is Mini Storage?

What Is Mini Storage?

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Kate Scheib
Self Storage Events
If you browse our current storage facility listings, you may notice both self storage and mini storage properties. Though the names slightly differ, mini storage and self storage are essentially interchangeable terms. Mini storage is the same as self storage by nature, with a few minor differences depending on the location. Learning more about the […] Read More