by Mark Helm | Oct 23, 2015 | Self Storage Business Planning
If it is not a “Hell YES”, it’s a “NO”.
It has gotten that simple these days.
That is where the third habit of Stephen Covey’s Seven Habits of Highly Effective People comes into play.
Habit Three: Put First Things First.
Not only in business but in life itself, because there is really no separation. There is just life.
Learn 5 simple steps to turn your Vision of a Self Storage Future into reality by putting in time the next “First Thing” that will move you forward.
by Mark Helm | Oct 16, 2015 | Self Storage Business Planning
When my Grandson Jackson was in the first grade, at his first “Leadership” day at his school, he informed me that he will start college in 2025.
I don’t even think he knows what college is.
I have created a $60,000,000 self-storage portfolio by 2015.
When I created that initial goal, I had no idea what that meant either.
by Mark Helm | Oct 8, 2015 | Self Storage Business Planning
It really takes a lot to be successful in any business today, especially in the self-storage industry.
I really think my Grandson Jackson is being trained to be successful in life. He is in the second grade and his school district has taken on teaching the Seven Habits of Highly Effective People to the children from kindergarten through high school.
The first of the seven habits is “Be Proactive”.
by Mark Helm | Oct 2, 2015 | Self Storage Business Planning
It has never been harder to get in or grow your self storage business than it is now. I mean real hard. Properties listed for 4% or 5% CAP’s, and selling! Large players in this business are aggressively building and buying, and very happy with single digit returns....
by Mark Helm | Sep 25, 2015 | Self Storage Management
We make money off our self storage maintenance team!
It may show up as an expense on the P & L, but it sure makes us a lot of money.
Here is how.
by Mark Helm | Sep 18, 2015 | Self Storage Business Planning
There are a lot of complicated definitions of a Capitalization Rate (CAP rate for short). They are interesting, but mostly irrelevant. Let me give you an easy to understand way of relating to and thinking about a CAP rate. If I (or anyone) purchased an income...
by Mark Helm | Sep 11, 2015 | Buy Self Storage
Take look at this year’s Self Storage Association’s annual convention. It was a pleasure meeting many of you and based on what you have told me you want, I am introducing the Self Storage Quick Start Academy in OCT. 2015.
See what courses are being offered in this online, step-by-step training that is easy to use and very effective in the Bata testing. Each class offerings will have the forms and check list we use as we purchase self storage facilities and grow our company towards the goal.
I love this business and want to share some of our resources so that you can get in, or grow your company to the next level.
by Mark Helm | Sep 3, 2015 | Self Storage Management
It could be said that the most important people in the self storage business are the Managers. At least in our case, that is so.
The public relates to them as the face and personality of the facility, not the Owners. Customers for the most part don’t even know we exist.
Let me introduce you to some of our Managers.
by Mark Helm | Aug 27, 2015 | Self Storage Financing
We have spent a lot of time discussing equity. But equity usually only accounts for 20% to 35% of any new Self-Storage deal.
What about the rest of the Self-Storage money?
by Mark Helm | Aug 20, 2015 | Self Storage Financing
On a Friday afternoon, in September of 2012, I sat at the kitchen table of my operations partner presenting yet another Self-Storage deal to an investor. This was one of her & her husband’s close friend.
The whole thing made me very nervous.
by Mark Helm | Aug 14, 2015 | Self Storage Financing
Interested in raising money for a Self-Storage deal you want to buy?
I have done it many times. Raised many millions of dollars, and here is what I do.
This works great and can help you raise millions of dollars.
by Mark Helm | Aug 7, 2015 | Self Storage Financing
“Show me the money”. It’s funny, having been a buyer of Self-Storage most my life. But now that I am selling one of our facilities in today’s climate, I find myself repeating the old saying from the Jerry Maguire movie, “Show me the money”. I can’t tell you the number...
by Mark Helm | Jul 31, 2015 | Self Storage Management
I have been fired!
More accurately, I took my own advice and fired myself! Did you?
I am proud to announce that I am no longer the CFO, bookkeeper, financial data entry person or anything else related to that for our storage company.
I could be wrong, but I bet you shouldn’t be either.
by Mark Helm | Jul 24, 2015 | Self Storage Management
The world of Self-Storage marketing is evolving so fast, that you, yes you, the Owner (CEO), are most likely the problem.
Find out.
This episode explores when and how you may need to replace yourself as the one in charge of the marketing of your facility or company.
Watch or Read Here to find out!
by Mark Helm | Jul 17, 2015 | Self Storage Management
Here is a simple way to stop winging it and create the structure and space for real growth to occur in. You will now own a company the big boys would consider and your facility and streamline your operations/or company is worth more instantly.
Click and learn a way to go from people to systems. Click and Create Wealth Through Self-Storage.
This simple strategy is something most owner/operators never do. However, it makes all the difference in the world.
by Mark Helm | Jul 10, 2015 | Self Storage Management
I sure wish that I had addressed company organization when I was starting off as just myself. Back then it was me doing virtually everything, so what need did I have for company structure! Well, a lot actually. Had I began to design a company organizational structure...
by Mark Helm | Jul 2, 2015 | Self Storage Business Planning
Get behind the three aspects of running a business that insure your business will not be one of the 50% that fail.
Click here and see the simple, but absolutely critical mindset and strategy required to insure your self-storage business succeeds in an environment with 50% odds.
by Mark Helm | Jun 25, 2015 | Self Storage Business Planning
What if you knew yourself as someone who could inspire others to take action? Not just any action but one that can forward your business. Someone to invest in your facility. Someone to work for you. A prospect to rent from you. In this series of mind set principles I...
by Mark Helm | Jun 18, 2015 | Self Storage Business Planning
I know a simple way that you can develop into and know yourself as a disciplined person. Many people I have worked with, as well as myself, have moved from being extremely undisciplined to being able to relate ourselves as very disciplined. I believe discipline...
by Mark Helm | Jun 12, 2015 | Self Storage Business Planning
Every entrepreneur, every self-storage owner requires confidence to succeed.
Here is the single most important practice that you can implement – no matter how much confidence you currently have – that will accelerate your belief in yourself to new heights.
This short video goes beyond just self-storage. It can alter your life forever.
It’s simple but not always easy… but it can have an immediate and lasting impact on your life and future. If you grew your own belief in yourself, what do you think would be possible?
My hope is that this article shows you how to help become the person you can potentially be.
by Mark Helm | Jun 5, 2015 | Self Storage Business Planning
There is a way to make sure you don’t ever encounter a surprise expense or major repair item. By incorporating this method, you will have added peace of mind that your property will never require you to fund it out of pocket and reduce the amount of money you are...
by Mark Helm | May 29, 2015 | Self Storage Business Planning
Sometimes I am a hypocrite. I have harped on this in the book, “Creating Wealth Through Self Storage”. If I am coaching someone I almost get in their face about it. It is easy for me to lecture others about it, but I caught myself being reluctant last month to having...
by Mark Helm | May 14, 2015 | Self Storage Business Planning
One of the many fantastic features of self-storage is the ability to generate significant amounts of additional revenue besides rental income that dramatically enhances the value of your facility.
I will go so far as to say we can create an additional $250,000 in value for a typical facility you may purchase. That may sound very bold, but let me show you how.
by Mark Helm | May 7, 2015 | Buy Self Storage
The single most important question when analyzing a facility is what is the real income. This month we are going to focus on the financial analysis aspects of looking at a self-storage facility to purchase. You will see a number of ways to figure this out; however...
by Mark Helm | May 1, 2015 | Self Storage Management
Creating a self storage business that is fun and fulfilling requires investing in yourself
by Mark Helm | Apr 22, 2015 | Buy Self Storage
On March 1, 2015 I launched my new book, “Creating Wealth Through Self-Storage.” It has been an unbelievable success, surpassing my wildest hopes. I am humbled and very grateful. The book and kindle editions have sold or been downloaded totaling over...
by Mark Helm | Apr 14, 2015 | Financial Analysis of Self Storage
The State of the Self-Storage Were you at the Inside Self Storage (ISS) Convention in Las Vegas last week? After attending, I can say this for a fact: we sure are in some exciting times in the world of self-storage right now. I left the buzz of Las Vegas and went to...
by Mark Helm | Apr 4, 2015 | Self Storage Management
Ongoing Training In The Self Storage Industry Having come from the real estate industry, where there is one large, nationally recognized industry, The National Association of Realtors (Association leaders and statistics are quoted a lot in national press); it seemed...
by Grant Pinkley | Mar 24, 2015 | Build Self Storage, Financial Analysis of Self Storage
by Mark Helm | Mar 21, 2015 | Financial Analysis of Self Storage
Has stabilized occupancy risen higher than it was a couple of years ago? I think it has! For several years, every feasibility report I have received has indicated stabilized occupancy for facilities over 50,000 square feet, was 85%. In other words, after a facility...
by Mark Helm | Mar 21, 2015 | Buy Self Storage
Click to view the video about CAP...
