by Mark Helm | Jul 23, 2021 | Buy Self Storage
I don’t use CAP rates much when thinking about self storage, at least when I am buying it. In my opinion, today, they are misleading, not accurate, and not a good way for me to relate the value of a facility. At least not the way they are being used today in our...
by Mark Helm | Jul 9, 2021 | Buy Self Storage, Getting Started In Self Storage Series, Self Storage Business Planning, Self Storage Financing
I have discussed in my training and classes why I think there is a bright future for the next decade or so for the small investor in self-storage, but I realize I haven’t created an episode for the general public on this topic. Here is it. There are three main reasons...
by Mark Helm | Jun 26, 2021 | Buy Self Storage
OK… I have said before our industry is evolving fast, but now I really mean it. I can remember when I met the first person I ever knew in the self storage business. It was an Acquisition Director for a REIT in the mid-1990’s. He told me self storage was a boring...
by Mark Helm | Jun 18, 2021 | Buy Self Storage
There’s no doubt about it. Self-storage is harder to get into, grow, or figure out today than ever. Prices are still high, CAP rates low, lots of new product to compete with, and many other challenges to tackle as a small investor. Here is one way to reduce the...
by Mark Helm | Jun 11, 2021 | Buy Self Storage
If you are considering getting into the self-storage business or in the self-storage business, one of the attractive features is the low amount of ongoing capital expenses. Unlike multi-family, office, or even retail, there are very few capital expenses required to...
