It seems like there have been a lot of self storage facilities lately I have looked at with large amounts of non-paying tenants, or tenants paying an extremely low rent compared to street rate. Have you seen this lately? People I am working with ask why? Well, first...
OK, I don’t want to jump on the Coronavirus bandwagon and do an entire episode on it instead of self storage, but indulge me somewhat. Let’s discuss it and how it can relate to you getting in, or expanding your self storage business. Backpedaling I admit it. I am...
Have you ever looked in the mirror and said to yourself, "I thought I would be further along in life than I am by now?" I know I sure have. For me, a pivotal moment was around 2006. I was a commercial real estate agent earning reasonably good money then, but my...
There is no doubt about it; if you are in the self-storage business, there will be a moment in time when you ask the question," Should I renovate my facility?" For many of us, it is when we are looking to purchase an older project, and we want to reposition or expand...
Over the last four weeks, we have been studying What It Takes To Succeed In Self Storage Today. Having worked with a lot of people over the last decade and a half, supporting them in getting in this fantastic business of self storage, I have noticed some patterns to...
Over the years, I have worked with a lot of people supporting them in getting in this fantastic business of self storage. With some people, I have had to focus harder on one aspect or another depending on their strengths. But in essence, everyone I work with knows...
We are in the middle of a series called What It Takes To Succeed In Self Storage Today. I realized after working with so many people assisting them in getting in self storage that what it took to be successful was not the “information” I was teaching. Yes, they had to...
To be successful in anything, but especially self storage today, it is not a function of what you know. Yes, you have to know a lot of things, but knowing them guarantees nothing. The colossal failures in life know quite a lot. If you know nothing about self storage...
To be successful in self storage today, it is not a function of what you know about self storage. Yes, you have to know a lot of things, but knowing them guarantees nothing. In fact, if you know nothing about self storage when you start, but have the mindsets we...
I have just finished a series called Getting Started In Self Storage. Over the years, I have worked with a lot of people supporting them in getting in this fantastic business of self storage. Everyone I have worked with, I have gone into details about what was in that...
Free video series
How Mark approaches finding, analyzing and getting into self storage, in three short videos.
Watch the free series