Collection of Blogs

Self Storage Resources from Our Experienced Team

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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
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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
Gifting Strategies Feature

GUEST BLOG: Gifting Strategies for Business Owners

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Investment Real Estate, LLC
Business
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

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Justin Quinto, Brokerage Advisor
For Buyers For Owners For Sellers
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

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Yevgeni Kaniayev, Brokerage Advisor
Brokerage
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