by Mark Helm | Nov 12, 2021 | Financial Analysis of Self Storage
My cost of capital is one of the metrics I use today when buying self storage. I have said this before and don’t think any idea I have ever discussed has caused more head-scratching. First of all, many don’t understand the concept and at the same time,...
by Mark Helm | Nov 5, 2021 | Buy Self Storage
Today, it is more critical than ever to make sure a trade area is healthy and ripe for self storage as you are considering buying, building, converti9ng, or expanding in a particular trade area. It has always been important, but never more than today. So, when I say...
by Mark Helm | Oct 29, 2021 | Buy Self Storage
Over the past few years, I have been questioning if the standard measure we all use, how many square feet of self storage per person exists in a given trade area, is the best measure to determine the supply/demand of that trade area. What I am noticing is that in many...
by Mark Helm | Oct 22, 2021 | Buy Self Storage
It’s that time of year. It’s time to begin creating your 2022 self storage operating budget. I want to take a slightly different approach than most people. There are a lot of good articles out there on how to create a budget. I would rather focus on a couple of...
by Mark Helm | Oct 15, 2021 | Buy Self Storage
I recently was on a panel discussion at the SIN Summit (Self Storage Investor Nation). One of the panel members was talking about Beginning With the End In Mind when it came to getting in (or growing) your self storage business. I did an entire series on how I use the...