by Mark Helm | Mar 19, 2021 | Buy Self Storage, Self Storage Business Planning
I realize I have been spending so much time keeping my eyes on the immediate self storage horizon over the past year. Given the world today, it is hard to look past the next month or six months. What the world will be like in a year is anyone’s guess. But let’s do...
by Mark Helm | Jan 1, 2021 | Self Storage Business Planning
Well, no doubt about it… 2020’s self storage goals I created in Dec. 2019 didn’t come to pass. In the old days, we would create one-year, five-year, & ten-year goals. Hard to do today. It can be challenging to set even quarterly goals now, given how fast things...
by Mark Helm | Nov 6, 2020 | Build Self Storage, Financial Analysis of Self Storage, Self Storage Business Planning
It can sometimes seem hard to get in the self storage business or to get your next self storage project today with prices being what they are now. People new to the space will often review countless for-sale projects, scratch their heads, and wonder, “How does anyone...
by Mark Helm | Sep 11, 2020 | Self Storage Business Planning, Self Storage Management
We started a series last week looking at the current challenges we are in and what I think as owners we should be focused on to help keep our self storage companies going strong over the next year or so. I laid out five things we are focused on: Effective &...
by Mark Helm | Aug 28, 2020 | Build Self Storage, Financial Analysis of Self Storage, Self Storage Business Planning, Self Storage Financing
No doubt about it, 2020 is a year of totally new territory for the self storage industry, and that goes for self storage lending as well. We are currently working on three loans, getting ready to close on them, and it has been a journey. CMBS We are not doing any CMBS...
by Mark Helm | Jun 5, 2020 | Self Storage Business Planning
In this age of increased self storage per capita in many submarkets across the nation, boat and RV parking may be a way to enter or expand. I have been hesitant to embrace this method and have fallen back on it when necessary. We had a two-building conversion project...
