How Do I Know If A Market Is Overbuilt?

How Do I Know If A Market Is Overbuilt?

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...
How To Analysis A Conversion in Self-Storage

How To Analysis A Conversion in Self-Storage

I discussed in last weeks’ episode How To Analysis An Expansion self-storage opportunity. This week, let’s look at a conversion. When we say conversion, what I mean is we take an existing vacant building and convert it to self-storage. In my opinion, in today’s...