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...
by Mark Helm | Jul 12, 2024 | Buy Self Storage
Perhaps one of the best advantages of self-storage is the very few ongoing capital expenditures that are required. It is one of the main reasons I was initially attracted to this asset class. As a property manager and commercial broker, I saw how capital costs...
by Mark Helm | Jun 28, 2024 | Buy Self Storage
As many of you know, I helped start a small construction company in order to Resolve a problem I was having, construction cost being extremely high today. I wish I could take credit for the name, but Smitty, one of my partners, came up with it. So far, we have brought...
by Mark Helm | Jun 21, 2024 | Buy Self Storage
It seems like there is a lot of wringing of hands and mashing of teeth when we talk about buying self-storage today. As I have said recently, it really takes something to buy self-storage or create a storage opportunity today. Usually, it’s a lot of work. Yet,...
by Mark Helm | Jun 14, 2024 | Buy Self Storage
Often, we deal directly with a seller when buying self-storage. Often, with listed property, we see a shiny OM (offering memorandum), and everything looks great. Then we see the other due diligence documents, and the facility can lose some of its luster. I have often...
by Mark Helm | Jun 7, 2024 | Buy Self Storage
The cost of capital is high today to do a Self-Storage or Boat & RV development today. Let’s look at a creative way to reduce this cost of capital and perhaps solve another problem for us smaller developers if we are using other people’s money and/or syndicating a...