Collection of Blogs

Self Storage Resources from Our Experienced Team

PA Legislation Changes to Storage Insurance

GUEST BLOG: PA Legislation Changes to Self Storage Tenant Insurance

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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
unit mix to boost self storage value

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

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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
Social Media Platforms

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

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Investment Real Estate, LLC
For Buyers For Owners For Sellers
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
Self-storage-properties-for-sale-pennsylvania-SV-IRE-001

Beginner’s Guide to Boosting Your Storage Property’s Value Part 2: Occupancy Based Pricing

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Justin Quinto, Brokerage Advisor
For Buyers For Owners For Sellers
Welcome to Part 2 of our Beginner’s Guide to Boosting Your Storage Property’s Value. We will focus on occupancy based pricing and discuss the main areas that can have a great impact on increasing your property’s value now. These are great items to tackle in preparation to sell your property and also a perfect way to increase revenue […] Read More
Maintenance 101 Feature

Maintenance 101: Extending the Life of Your Property through Maintenance and Capital Improvements

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Jeff Murdorf, Director of Construction
Construction For Owners For Sellers
Oftentimes as I walk through self storage properties, I notice subtle things that could have been addressed to prevent major repair costs down the road. Small items like changing a $20 air filter can prevent your HVAC system from shutting down mid-summer. When you ignore the little things like that, your repairs could range from […] Read More
Tax Strategies

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

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Investment Real Estate, LLC
Business For Owners
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

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Investment Real Estate, LLC
Business
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
digital-marketing-strategy-ire

Why You Need a Digital Marketing Strategy

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Jess Dubbs, Director of Marketing
Business
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