The cost of capital is high today to do a Self-Storage or Boat & RV development today. Let’s look at a creative way to reduce this cost of capital and perhaps solve another problem for us smaller...
Is the Self Storage Party Over? Let’s Look at First Quarter 2024 REIT Stats
So, is the decade-long self-storage party over? Yes, I am finding it harder to put deals together, and I have seen no relief in interest rates for a while. The 10-Year Treasury Yield is at 4.47%, still...
Meet Smitty – President and General Contractor for Resolve
Smitty is my partner in a self-storage company designed to take the small investor through the entitlement process for self-storage projects in an affordable way and then bid on the construction of the...
Your Self-Storage Team
Self-storage tends to attract lone wolves who want the freedom and independence this business can offer. But here’s the deal: no one can be successful by themselves. It takes a village. Or a team, in...
My Boat & RV Revelation
I had a few aha moments at the recent Inside Self Storage Convention (ISS) a few weeks ago, One of them was about the future of Boat & RV developments as a niche in the storage space. I heard a...
Takeaways from The 2024 ISS Convention
As many of you know, I attended the Inside Self Storage (ISS) Convention two weeks ago in Las Vegas. Not everyone could go, so here are a few takeaways in no particular order....
The Physics Of Self-Storage
Let’s talk about the physics of self-storage today. One of my passions is studying physics. Particularly theoretical physics at the quantum level. It’s mind-blowing, fascinating, and can also be very...
Three Reasons Small Investors Fail at Raising Money for Self-Storage Deals
Over the years, working with a lot of people who need to “raise investment money” from “investors.” I have seen many not succeed. I struggled some when I first got started, as well. It’s not always a bad...
Four Reasons I Am Going to the ISS Expo in April (And Hope to See You There)
Two main organizations put on seminars in the self-storage space in the US. One is the Self-Storage Association (SSA), and the other is Inside Self Storage (ISS). I love the SSA; it is a vital...
Let’s Re-Think What Makes a Profitable Trade Area for Self-Storage – Some Unique Metrics One May Use
I have been on a soap box for years, preaching that square feet of storage per person is not always the most accurate way to determine the viability of a self-storage project in a given trade area. Many of you have suffered through my rants before....
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