Self Storage Resources from Our Experienced Team

GUEST BLOG: Innovating the Management of Multi-Facility Properties

11/21/2019

Submitted to Investment Real Estate by Ajai Nair, CTO at Self Storage Manager As a self storage owner or operator, you know the importance of selecting the right management software to run your property. There are a handful of known platforms in the industry to choose from. But let’s review the benefits of the Self Storage […] Read More

GUEST BLOG: Utilizing a Mortgage Broker to Secure Your Self Storage Financing

11/07/2019

Business For Buyers For Owners For Sellers Investing

Submitted to Investment Real Estate by Tom Sherlock at Talonvest Capital, Inc. Ralph Waldo Emerson was quoted as saying “money often costs too much” …and he isn’t the last one to say that! As owners of self storage facilities know, real estate is a capital-intensive business and getting a loan is a common part of owning […] Read More

GUEST BLOG: Cyber Liability for Self Storage – Big Risk for Small Business

10/28/2019

Business For Buyers For Owners For Sellers

Submitted to Investment Real Estate by Jessica Lamoureux at Storage Insurance Brokers Self storage facilities want to give the impression that they will keep their tenants’ belongings protected. A lot of money and effort goes into appearance, safety and security at facilities. But what is less often addressed is protecting customers’ personal information. From credit card […] Read More

Preparing to Purchase a Self Storage Facility, Part 8: Pitfalls & Lessons Learned

10/14/2019

Brokerage For Buyers For Owners

Buying a self storage facility is no small task. A self storage transaction, just like many commercial real estate transactions, involves hundreds of thousands or even millions of dollars, as well as the concerted effort of several professional organizations. In the final installment of our eight part series on Preparing to Purchase a Self Storage […] Read More

GUEST BLOG: Considerations When Selecting a Third-Party Management Company

09/12/2019

Business For Buyers For Owners For Sellers Management

Submitted to Investment Real Estate by Charlie Fritts at Storage Investment Management, Inc. (SIMI) When talking about self storage property management, a question we are often asked is, “How much does it cost?” I realize this is a valid concern for owners, but the real question should be, “What will you do better for me […] Read More

value of private lending in self storage feature

GUEST BLOG: The Value of Private Lending in the Self Storage Industry

08/22/2019

Business Development For Buyers For Owners For Sellers Investing

Submitted to Investment Real Estate by Shane Soranno at Summit Capital Partners, LP The limitations placed on commercial banks by regulators may no longer provide for the ideal capital stack, and ultimately, this “tightening” is requiring sponsors to get creative. An option more frequently availing itself to investors is private debt. Most investors interpret private debt […] Read More

Beating the New Competition in Your Self Storage Market

08/08/2019

Business For Buyers For Owners For Sellers

When new self storage competition is planned for your market, it can be a scary time for an operator. New competition will always have an impact on your business. Questions arise, like: what impact will they have on your operations; will you lose occupancy; what will their pricing be? In this blog, I’ll cover what […] Read More

GUEST BLOG: Self Storage Facility Owner 101 – Monetizing Your Website

07/25/2019

Business For Buyers For Owners

Submitted to Investment Real Estate by Laura Gattis at The Storage Group If you’ve been struggling to fill those last few pesky storage units, monetizing your website could just be the key. There are other factors at play in determining the success of a storage facility, but a well-designed website can help improve your facility’s reputation […] Read More

Pros and Cons of Portable Storage on Your Self Storage Property

07/11/2019

For Buyers For Owners For Sellers

Over the past few years, the permeance of portable storage has increased, as have questions from curious self storage owners who wonder whether putting down some portable storage at their facility is a prudent move. “Portable storage” can mean offering a service that involves dropping off and picking up containers from your customers’ homes and […] Read More

GUEST BLOG: Recommendations on Self Storage Security and Access Control Systems

06/27/2019

Construction For Buyers For Owners

Submitted to Investment Real Estate by Matt DePrato, Vice President of Affiliate Services, Storage Construction So, you have a self storage facility or are planning to build or acquire one. You have all your ducks in a row and all operational items are planned out ready to go. You planned out your rent rates, office hours, […] Read More