by Mark Helm | Sep 13, 2024 | Buy Self Storage
If you had asked me in the 1990s or early 2000s how technology is impacting the self-storage business, I would have asked “What technology?” “Storage is a concrete floor, a steel wall, and a roll-up door. Yes, I guess we have telephones and fax machines, and a...
by Mark Helm | Aug 30, 2024 | Buy Self Storage
Go with me for a minute. We will discuss self-storage brand loyalty, self-storage revenue management, and customer value. But let’s start with Netflix. I saw Netflix on my credit card statement yesterday, and it got me thinking. Netflix is a monthly subscription...
by Mark Helm | Aug 16, 2024 | Buy Self Storage
If you took a loan or purchased your self-storage facility around 2018 and it is time to refinance, you better understand where you will stand with a bank. I suggest doing this before calling a lender. I was working with someone recently, and they were actually quite...
by Mark Helm | Aug 2, 2024 | Buy Self Storage
In the self-storage world, there is a lot of momentum towards fully automated facilities, no matter what the size of the project. I am not here to say that is the wrong direction. I even am involved in one myself as a partner. But today let me talk about a reason to...
by Mark Helm | Jul 26, 2024 | Buy Self Storage
It seems like once a year or so; I get on a soap box and rail about sq. ft. per capita as the primary measurement for self-storage supply demand calculations. Just some of the episodes are: Episode 313 – 10-29-2021 Is Sq. Ft. Per Capita Still the Best...
by Mark Helm | Jul 19, 2024 | Buy Self Storage
I was thinking the other day, asking myself the question, “If I could only do one more type of self-storage deal, what would it be?” I have been taught that it is the questions we ask ourselves that determine the quality of our lives. It is also the questions we ask...
