Collection of Blogs

Self Storage Resources from Our Experienced Team

digital-marketing-strategy-ire

Why You Need a Digital Marketing Strategy

Not every storage owner can afford to have a marketing professional on staff or hire the top marketing firm in town, especially if you own just one or a few small to medium sized storage properties. But, that doesn’t mean you don’t need a digital marketing strategy. If you want to compete with the big guys down the street and be found by prospective tenants, there are some tactics you must begin doing if you haven’t already. Read More
Gifting Strategies Feature

GUEST BLOG: Gifting Strategies for Business Owners

Submitted to Investment Real Estate by Kieran McLaughlin at Valley Forge Financial Group, Inc. Proactive estate planning is paramount for families with large estates and significant allocations to illiquid assets such as a family business and private real estate; self storage facility for example. Under current law, the Federal lifetime gift/estate tax exemption for an individual […] Read More
Beginners Guide To Boosting Self Storage Value Part 1

Beginner’s Guide to Boosting Your Storage Property’s Value Part 1: Existing Tenant Rent Increases

Owning a self storage property is a big investment and can be very rewarding if managed correctly. One of the most common questions asked by smaller operators or those new to the self storage industry is, “What can I do to increase my property’s value?” In this three part blog, I will discuss the main […] Read More
Timing the Market to Sell

Timing the Market to Sell

Whether you are a buyer or a seller of self storage properties, paying attention to the overall self storage market and valuations can make hundreds of thousands of dollars’ worth of difference to your bottom line. Real estate market cycles are broken down into four categories: recession, recovery, expansion and oversupply. We believe that the […] Read More
self storage financing checklist

GUEST BLOG: Self Storage Financing Checklist

Submitted to Investment Real Estate by Craig Portner at Union Community Bank The self storage industry has grown by leaps and bounds during recent years. Over $3.5 billion dollars was spent on self storage construction during 2017, up from $1 billion in 2015. The safety of this investment, given the right location, is evident in capitalization rates […] Read More
Site Assessment and Remediation

GUEST BLOG: One Size Doesn’t Fit All:Environmental Due Diligence for the Self Storage Marketplace

Submitted to Investment Real Estate by David Coynel, Liberty Environmental, Inc. Here’s a common scenario to consider: you’re standing in a store, deciding which type and size of shoe to buy. Should you buy a dressy work shoe? A sporty pair of running shoes, or a casual loafer, perhaps? The decision, of course, is a function of […] Read More
Offer Guidelines

Preparing to Purchase a Self Storage Facility, Part 4:Offer Guidelines

Many first time self storage buyers have experience with residential or commercial real estate such as high density housing, small office buildings or retail strip centers. But self storage is unique, and has several offer guidelines that you should include in your purchase and sale agreement that are not typical to other real estate transactions. In Part […] Read More