Mark Helm, Author at Creating Wealth Through Self Storage

What Your Profit & Loss Statement Doesn’t Tell You

by Mark Helm | Aug 27, 2021 | Buy Self Storage

It’s amazing how many of us in the self storage business don’t know much about financial statements and financial literacy. I had a big learning curve and still am not as strong as I could be. But then again, balance sheets and profit and loss statements are not very...

The Four Elements That Make a Good Self Storage Site

by Mark Helm | Aug 20, 2021 | Buy Self Storage

I recently was traveling looking at some sites for some self storage projects and thought it might be good to write an episode outlining what I think makes a good site. I have made some real mistakes on this in the past. There are four main elements that make a great...

My Takeaways From The Inside Self Storage Convention 2021

by Mark Helm | Aug 13, 2021 | Buy Self Storage

It was good to be back in Las Vegas at a self storage convention. I didn’t realize how much I missed it until I was there. Here are a few takeaways from being there that may serve you as you grow or get in this fantastic business of self storage. Construction...

Episode 300 – A Look Back at 300 Self Storage Episodes

by Mark Helm | Jul 30, 2021 | Buy Self Storage

This is a different episode than the rest. Let’s look back and see a few highlights from 300 episodes of self-storage over the last six years. The industry has changed, we have changed, but some things stay the same....

Why I Don’t Use CAP Rates In Self Storage & What I Do Use

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...