Buy Self Storage Archives - Page 9 of 47 - Creating Wealth Through Self Storage

My Experience of 2025 as a Self Storage Operator/Investor

by Mark Helm | Dec 20, 2024 | Buy Self Storage

Let me share with you my experience of being a self-storage owner and operator in the year 2025. Remember that I sold off most of my portfolio (2 different brands) between 2019 and 2021. I am expanding again, but smaller than before (beats retirement). If I had to sum...

An Easy Solution That Just Might Make an Expansion Deal Work

by Mark Helm | Dec 19, 2024 | Buy Self Storage

How many times have you found a self-storage expansion deal, calculated the expansion amount you can add to the facility, and run the numbers, but it still does not work because you can’t get enough new square feet in the project? This has happened several times to...

Team Members Breaking Bad? Protecting Your Self-Storage Facility’s Cash Flow Strategies

by Mark Helm | Nov 22, 2024 | Buy Self Storage

I just saw a news article, “Self-Storage Manager Accused of Embezzling $53K From ______ Mini Storage.” I also remember buying a facility showing $73,000 or so a month in income. During the due diligence period, I couldn’t understand because I was estimating we would...

How Much Money Do You Really Need to Get Into Self-Storage Today?

by Mark Helm | Nov 15, 2024 | Buy Self Storage

I see a common mistake today as I work with people who are getting into the self-storage business. Especially people getting in their first deal. They will underwrite a deal using the downpayment amount a bank quotes. Often, this will change them, and they are left...

Winning the Self-Storage Marketing Game: Key Strategies for Today’s Customers

by Mark Helm | Nov 8, 2024 | Buy Self Storage

When I first entered the self-storage business, when I thought about “marketing,” the question was, how big a yellow page ad can you afford? People often named their facilities with an “A” in the first part of the name because it would show up early in the yellow...

Beyond 2024: Evaluating the Strengths and Weaknesses of the Self-Storage Industry Into 2025

by Mark Helm | Oct 25, 2024 | Buy Self Storage

I am sitting here in the last quarter of the year in 2024. There are some really exciting aspects of our business as I look into the future, and there are some real risks. I am planning out my next few years for myself and working on what I can tell people I coach and...

My Experience of 2025 as a Self Storage Operator/Investor

An Easy Solution That Just Might Make an Expansion Deal Work

Team Members Breaking Bad? Protecting Your Self-Storage Facility’s Cash Flow Strategies

How Much Money Do You Really Need to Get Into Self-Storage Today?

Winning the Self-Storage Marketing Game: Key Strategies for Today’s Customers

Beyond 2024: Evaluating the Strengths and Weaknesses of the Self-Storage Industry Into 2025

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