Mark Helm, Author at Creating Wealth Through Self Storage

“How Much Can I Pay For Land To Build Self-Storage On?”

by Mark Helm | Sep 1, 2019 | Financial Analysis of Self Storage, Self Storage Business Planning

I get asked that question a lot? “How much can I pay for land to build self-storage on?” Or… “How much can I pay for a building to put self-storage in?” If you have been following me at all, you most likely know I have a fairly stock answer to most questions…” It...

Will CAP Rates Ever Change?

by Mark Helm | Aug 28, 2019 | Financial Analysis of Self Storage, Self Storage Business Planning

Over the past few years, I have been expecting CAP rates to start going up, making self-storage pricing more realistic. I’m still waiting. How about you? Have you seen much of a change in storage pricing compared to NOI? What would change it, and could that happen in...

Do You Know The Value of A Customer At Your Facility?

by Mark Helm | Aug 19, 2019 | Self Storage Management, Self Storage Mindset

Self Storage is a retail play as much as a real estate play. I know the majority of us come from a real estate background, but believe me, if we are going to make it in this business today, we had better start thinking like a retailer. Or at least like a...

How Do I Know If A Market Is Overbuilt?

by Mark Helm | Aug 5, 2019 | Financial Analysis of Self Storage, Self Storage Management

Whatever city you are in, no matter where you go, you see new self-storage being built. Even people who have nothing to do with the industry, when they hear you are involved with self-storage in some way, will comment, “I see it going up everywhere.” All this leads us...