by Mark Helm | May 22, 2020 | Buy Self Storage, Financial Analysis of Self Storage, Self Storage Business Planning
From attending a number of webinars, researching, and reading between the lines, here is the information I have been able to find out about our self storage industry’s performance last month (April 2020) in the “Age Of Coronavirus.” It was a mixed bag of contradictory...
by Mark Helm | May 1, 2020 | Buy Self Storage, Self Storage Business Planning
I mentioned in last week’s episode that I think self storage demand will increase as a result of the COVID-19 pandemic. I believe that even more as I researched what I think “work” is going to look like after the stay in place order, or strong suggestion, depending on...
by Mark Helm | Nov 8, 2019 | Self Storage Business Planning, Self Storage Management
In last week’s episode, I share a few things I learned from attending the Self Storage Association’s (SSA’s) national convention in Las Vegas. This week I want to share some of the things our company is exploring doing differently and implementing as a result of what...
by Mark Helm | Sep 27, 2019 | Buy Self Storage, Self Storage Business Planning
No doubt about it, there is a lot of self-storage out there today. One thing about it, however, is that the majority of the new self-storage construction has been focused in the larger, tier one markets. We have all heard about Dallas/Ft. Worth bringing on 16% to 20%...
by Mark Helm | Sep 1, 2019 | Financial Analysis of Self Storage, Self Storage Business Planning
I get asked that question a lot? “How much can I pay for land to build self-storage on?” Or… “How much can I pay for a building to put self-storage in?” If you have been following me at all, you most likely know I have a fairly stock answer to most questions…” It...
by Mark Helm | Aug 28, 2019 | Financial Analysis of Self Storage, Self Storage Business Planning
Over the past few years, I have been expecting CAP rates to start going up, making self-storage pricing more realistic. I’m still waiting. How about you? Have you seen much of a change in storage pricing compared to NOI? What would change it, and could that happen in...
