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Three Mistakes to Avoid When Underwriting an Expansion Today

Three Mistakes to Avoid When Underwriting an Expansion Today

by Mark Helm | Jan 6, 2023 | Buy Self Storage

Last week I told you I love self storage conversions. I also love self storage expansions. Like conversions, we have made a lot of money for my family, partners, and investors. I have also seen many people I coach and train do well with expansions. But I have seen and...
The Top 3 Mistakes People Make When Converting Self Storage

The Top 3 Mistakes People Make When Converting Self Storage

by Mark Helm | Dec 30, 2022 | Buy Self Storage

I love self storage conversions. I have made more money on self storage conversions than any other form of self storage projects I have done. That doesn’t mean conversions are all I do in the world of self storage, but I really enjoy conversion projects or...
The Number One Rule for Selling a Self Storage Project

The Number One Rule for Selling a Self Storage Project

by Mark Helm | Dec 16, 2022 | Buy Self Storage

I have written and talked a lot about buying self storage. I figured it was time I wrote about selling self storage along with my number one rule for selling a project. As many of you know, I talk a lot about your “why.” The reason you are getting into self storage,...
Supply and Demand Variables Besides Sq. Ft/ Per Capita – Is It Time to Revise Our Thinking?

Supply and Demand Variables Besides Sq. Ft/ Per Capita – Is It Time to Revise Our Thinking?

by Mark Helm | Dec 9, 2022 | Buy Self Storage

About twice a year, I get on my soapbox and pontificate about using sq. ft/per capita as the sole and primary basis for determining self storage supply/demand in a market or trade area. It’s that time of year again. And like all human beings, I love it when others...
This Thanksgiving I Was Grateful for the “Slowdown” in the Self Storage Space

This Thanksgiving I Was Grateful for the “Slowdown” in the Self Storage Space

by Mark Helm | Dec 2, 2022 | Buy Self Storage

Is there really a slowdown in the self storage space due to rising interest rates? There appears to be, but for me, at least, the total picture isn’t quite in yet. Like our world today, the self storage industry is a mixed bag of contradictions. As small investors,...
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