Let me tell you about Fred’s (not his real name) story and how he got into self storage. Over the next few episodes, I will interview some previous students and/or tell the story of a few students I have...
Is Self Storage Still a Good Investment for Small Investors Today?
I get asked this question a lot today about self storage. “Is it still a good investment for small investors?” Or a question like, “Didn’t I miss when I should have gotten in 20 years ago?” Well, let’s...
So Much Self Storage Data – Keep It Simple
Yes, self storage has performed well during past recessionary times. But past performance is not indicative of future performance. At least, that is what my LLC documents say. How many of you were in the...
Self Storage as a Retirement Vehicle
I was asked to write an article on self storage as an investment vehicle to fund one’s retirement. I almost turned down the assignment because I have such a strong opinion about the retirement and wealth...
Our Number One Source Of New Leases
For most of our facilities, in 2020 & 2021, what do you think was the number one source of new leases? If you guessed the internet, you are close. In fact, for some facilities, it was, in some...
Our Number One and Two Sources of Referrals
“Referrals” as a source of new self storage leases average between 10% on the low end to 40% on the high end per quarter between 2016 and 2021. We do our best to track everything, including where our new...
Choosing the Right Add-on Revenues for Your Self Storage Facilities
If you do it right in your self storage facility, you can create a lot of additional income and value for yourself by having the right additional sources of revenue. Even in managerless, automated...
Will Rising Interest Rates Cool Off the Self Storage Market?
Will Rising Interest Rates Cool Off Self Storage Market? Or at least the acquisition side of it? In my opinion, that wouldn’t be all bad. But I have my doubts. Yes, yield curve inversion, a classic...
Better Safe than Sorry – Self Storage Security Options
Jonathan, the person who works with me on providing the content I produce supporting small investors getting in, or growing their self storage business, suggested I consider writing something on security...
A Quick Way to Increase Retail Sales
This self storage episode will be short but could be worth, let’s say, $40,000 of value. Perhaps worth reading. I am talking about a way to increase retail sales. No matter where we are in retail sales...
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How Mark approaches finding, analyzing and getting into self storage, in three short videos.
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