As I am looking at a self storage project, I have noticed (1) apartment rent growth in the market and (2) housing demand. I am clear there is a link between the two and self storage demand. I am just not...
Be Careful When You Read Industry Statistics
Given the tight nature of the self storage market, as small investors, we are searching for any idea, lead, or data point to help us get in or grow our self storage business. I read the industry papers...
Inflation – The Good, Bad, & Ugly for Self Storage Owners
As self storage owners, we hear a lot about inflation today. What does it mean for us? Well, in my opinion, it is a mixed bag. I should start by saying I am not an expert on much in life, especially not...
You Can’t Do It Alone – Build Your Team
Most people I work with getting in the self storage business are individuals who think they are solo entrepreneurs getting in storage. It often takes a while to realize they are not. There is no way....
Relationship Between Apartment Rents and Self Storage Rents? Perhaps.
Something was brought to my attention by someone I have a self storage coaching relationship with between apartment rents and storage rents. Specifically, this relationship can impact self storage demand...
Practices for Self Storage Entrepreneurs to Develop Series. Practice Four: Be Competitive… But Develop an Abundance Mindset
This is the fourth and final episode in a series entitled Practices For Self Storage Entrepreneurs To Develop Series. Given the state of the self storage industry today, and the unique challenges, I...
Practices for Self Storage Entrepreneurs to Develop Series. Practice Three: Develop Patience … But Move Quick
This is the third episode in a series entitled Practices For Self Storage Entrepreneurs To Develop Series. The older I get, the more I realize how life can occur like a contradiction. Like the last...
Practices for Self Storage Entrepreneurs to Develop Series. Practice Two: Analyze…But Don’t Over-Analyze
This is the second episode in a series titled Practices for Self Storage Entrepreneurs to Develop Series. Given how fast we have to move to control storage opportunities in today's world, I think a few...
Practices for Self Storage Entrepreneurs to Develop Series. Practice One: Specialize…Don’t Diversify
Practice One: Specialize…Don't Diversify The investment world tells us to diversify, don't put all your eggs in one basket. I guess that's good advice if you are a passive investor. However, I am very...
Back to Basics Series for Small Investors Getting into Self Storage – Number Four
I believe that getting in self storage is no different than anything else in life. Those who are successful today at getting in or growing their business are those who will take action. The specific...
Free video series
Start with Mark's free 3-part video series
How Mark approaches finding, analyzing and getting into self storage, in three short videos.
Watch the free series