Over the past few years, a lot has changed in the self storage industry. As a small investor, what we are doing now to get in or grow our business is very different from a few years ago. I thought I...
Over the past few years, a lot has changed in the self storage industry. As a small investor, what we are doing now to get in or grow our business is very different from a few years ago. I thought I...
You are getting ready to close on your first or your next self storage facility. This is where I get the most nervous. If you think I was nervous during the due diligence period, you should see me now. I am sure you are much cooler than I am. How to take over and...
So we now have a self storage project under contract! Way to go! In last week’s episode, we covered the first few spaces a self storage buyer goes through today to get to the finish line and either close on the project or let it go. In this episode, we are going to...
You now have a self-storage facility under contract. Congratulations. Now what? This is where it can be exciting, scary, thrilling, and the most fearful thing you have ever done all at the same time. That’s normal, especially if it is your first self-storage facility....
This episode covers best practices for Self Storage Buyer’s getting a Self Storage facility standing still in today’s competitive environment.
Once you find a self storage deal that looks good to you, my coaching is to jump into deal mode quickly. What is essential as you enter deal mode is to know the steps, or more accurately said, the spaces of a deal. As I have developed over the years as a Buyer of self...
There is a real art and science involved in getting in the self storage business or growing your existing self storage business. The "art" I am talking about is getting in front of some real deals to analyze. The "science" is developing a strategy to get in front of...
When I ask people why they are getting in the self storage business, I usually hear answers like: "It is a good sector." "I hear it is doing well today." I often hear, "I thought about it a long time ago and wished I had then. Now I am ready". OK…. but not good...
So, here we are at the final Episode in a series which was a deep dive into an article I wrote for Inside Self-Storage earlier this year. Today, it is a different world than it was five years or so before. Getting in the self-storage business requires some skill sets...
The last several weeks we've been going into detail about the seven skills required to start and grow an self storage business. The material is the in-depth look at the skills I wrote about in an article for Inside Self Storage. The premise of the articles is that as...