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...
by Mark Helm | May 31, 2024 | Buy Self Storage
So, is the decade-long self-storage party over? Yes, I am finding it harder to put deals together, and I have seen no relief in interest rates for a while. The 10-Year Treasury Yield is at 4.47%, still above 4% (click the image below for a link to Fred’s...
by Mark Helm | May 17, 2024 | Buy Self Storage
Smitty is my partner in a self-storage company designed to take the small investor through the entitlement process for self-storage projects in an affordable way and then bid on the construction of the project in a competitive environment, ensuring clients get the...
by Mark Helm | May 10, 2024 | Buy Self Storage
Self-storage tends to attract lone wolves who want the freedom and independence this business can offer. But here’s the deal: no one can be successful by themselves. It takes a village. Or a team, in this case. Let’s discuss who I think are the players on your...
by Mark Helm | Apr 26, 2024 | Buy Self Storage
I had a few aha moments at the recent Inside Self Storage Convention (ISS) a few weeks ago, One of them was about the future of Boat & RV developments as a niche in the storage space. I heard a statistic. I already heard it a few times, but this time it clicked. I...