by Mark Helm | Aug 7, 2020 | Self Storage Management
I am very grateful that I have figured out how to make money in self storage. Who I am now is someone you could take everything from, drop-off in a strange place where I know no one, and I would be OK, prosper, and soon have all I could ever want. And I don’t think it...
by Mark Helm | Jul 31, 2020 | Buy Self Storage
Before you dive into self storage ground-up development, it is always good to know other peoples’ mistakes. Fortunately for you today, if you are considering developing storage, I have made a lot of mistakes and can share my experience. I could have made this...
by Mark Helm | Jul 24, 2020 | Buy Self Storage
In today’s world, if you are getting in the self storage business, or growing your self storage business, you look at a lot of “Offering Memorandums” (OM). We have to develop a strategy for quickly figuring out which ones we should focus on and which...
by Mark Helm | Jul 17, 2020 | Build Self Storage, Buy Self Storage, Self Storage Management
I am beginning to re-think how I calculate lease-up in self storage projects. When I first entered into self storage in the mid-1990s as a broker helping a REIT find self storage, they used to assume 5% of their square footage per month would lease-up (wouldn’t...
by Mark Helm | Jul 3, 2020 | Buy Self Storage
I have said before about self storage, “Make data-driven decisions.” I try to do that. But it’s getting hard. Real hard, in my opinion. In my humble opinion, there are two big issues with data today in the self storage industry. The first is how it is collected, and...
