As I write this episode in 3ed quarter of 2023, we live in the shadow of many big self-storage facilities. Lots of it. Over the past eight years or so, there have been a lot of: REITs have expanded their...

As I discussed last week, I love doing self storage expansions. But sometimes, as I analyze an expansion and run a preliminary analysis figuring out how much additional self storage I can get on the...

Last week I told you I love self storage conversions. I also love self storage expansions. Like conversions, we have made a lot of money for my family, partners, and investors. I have also seen many...

I love self storage conversions. I have made more money on self storage conversions than any other form of self storage projects I have done. That doesn't mean conversions are all I do in the world of...

Sometimes it is hard today to find deals that could work as you look at buying and getting in the self storage business. Let me give you an example of how parking can sometimes support you. I analyze...

There's no doubt about it. Self-storage is harder to get into, grow, or figure out today than ever. Prices are still high, CAP rates low, lots of new product to compete with, and many other challenges to tackle as a small investor. Here is one way to reduce the risk,...

Here is a subject not talked about too often in the world of self storage, land leases. Most people waive them off with the flick of a hand and say, "I’m not interested." That is fine with me. However, one of our most successful projects has a land lease, and I was...

It can sometimes seem hard to get in the self storage business or to get your next self storage project today with prices being what they are now. People new to the space will often review countless for-sale projects, scratch their heads, and wonder, “How does anyone...

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 article...