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...
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...
