by Mark Helm | Jun 24, 2022 | Buy Self Storage
The self storage business is competitive. Lots of new space is coming or just came online. Probably in your market. Much of our strategies as small business owners and small self storage operators is to automate and cut down on payroll cost to be competitive and take...
by Mark Helm | Jun 17, 2022 | Buy Self Storage
Let me show you how you can create, let’s say, $292,000 additional value on your subsequent self storage acquisition of, let’s say, a 365-unit self storage facility. I’m talking tenant insurance. Yes, I know you are either saying, “tenant insurance is in the Offering...
by Mark Helm | Jun 3, 2022 | Buy Self Storage
I recently gave a talk at the 2022 Inside Self-Storage Convention and was asked to write a follow-up article on Financial Literacy. The talk was titled “Reading Your Financial Story, Interpreting Your Self-Storage P & L’s And Other Financial Statements.” I am...
by Mark Helm | May 13, 2022 | Buy Self Storage, Self Storage Mindset
As a self storage owner or soon-to-be owner, you will need the right team assembled. I discussed this in detail in Episode 331. We talked about the team members, the roles or spaces that we need to get covered, and the possible ways (hint: 3 different ways to assemble...
by Mark Helm | May 6, 2022 | Buy Self Storage
After returning from the recent ISS 2022 Expo in Las Vegas, I am more convinced that effective self storage company leaders who are moving the needle in their companies and the industry are great storytellers. I know with every fiber in my being that it does not...
by Mark Helm | Apr 22, 2022 | Buy Self Storage
When my Grandson Jackson was in the first grade, at his first “Leadership” day at his school, he informed me that he would start college in 2025. I don’t even think he knew what college was. Many people I work with say they are getting into the Self Storage Business....