If you are in the business of getting into self storage, you are in the business of putting cash into deals. This is the fourth skill set it takes to start and grow a self storage business. All seven skill sets were covered briefly in an article I wrote for Inside...

We have been discussing the seven skills required to start a successful self storage business today.  The information is from an article I wrote for Inside Self Storage. In this series, I'm taking a deeper dive into each of the skills mentioned in the article. The two...

If you are thinking about starting or growing your self storage business, you are in the business of analyzing self storage. https://youtu.be/Wh6zXgX3BNE In Episode 178, I reprinted an article I wrote for Inside Self Storage. In it, I discuss the skills needed in my...

Last week we started a conversation about the skills it takes to be in the self storage business today. Let’s take a look at the first skill: the ability to find deals. I wrote about this in Episode 129.  In my opinion, there is a real art to finding good deal flow....

This week I want to cover an article I wrote for Inside Self Storage magazine earlier this year.   You can read the full article HERE or you can read it in its entirety below. I think it will be valuable to go through each of these skills in more detail, but this week...

I get a lot of questions like, “I'm looking at this site," or, “I’m looking at this facility. How do I know if I should move forward?” That's hard to answer because it depends. Depends on what? Why you want to get into the self storage business. What is your...

If you are looking for a business opportunity or a commercial real estate play to invest in, I'm sure self storage has caught your attention. It is most likely something you thought about but never investigated seriously or never made a real move on. Now you are...

Self storage is the best business there is for the small investor. It has all the benefits of a real estate play and few of the drawbacks associated with traditional investment real estate.  It is also an operating business with very predictable cash flow. Because of...