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 &...

The self storage industry is in uncharted territory as an industry. It will be very interesting to see how things turn out for us. We continue to be one of the shining stars in investment real estate, but nothing guarantees things will continue to be the case. As a...

This week it is hard for me to talk about self-storage and ignore what is going on in the country at the moment. So, let’s talk about it. I am not sure when you see this, but at the moment we are slowly coming out of quarantine from COVID-19 (still no vaccine), and...

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...

Are you in the self storage business? Are you getting in the self storage business? For a long time, I related to myself as someone in the self storage business. For a couple of years in the 1990’s I was someone getting in the self storage business. But really? Lets look at what business you are REALLY in.

So here we are at the end of 2018 and getting ready for 2019. There are a lot of changes going on in the self-storage industry and 2018 was a pivotal year. For many of us it was a tough year for buying, but a good year if you were a seller. However, what’s important...

“Begin With The End In Mind.” Even my 10-year-old Grandson has learned this because his school teaches the Seven Habits of Highly Successful People by Steven Covey. "Beginning with the end in mind" is Habit #2 of Steven Covey’s book. It is also a very important part...

I speak often about the oversupply of self storage in certain markets and how to position yourself to stay relevant in today's market. My default setting is to assume that everyone has a real estate background and understands where we are in the current real estate...

The self storage industry in the US has never been more varied than it is today. It’s all over the place. In Las Vegas rents are up 70%. In Denver, rents are down 5%. In Dallas, about 22% more square feet of self storage has hit the market in the form of new...

Last week I asked the question, “Are you asking the right questions about your self storage business?” We discussed asking different questions as a method for accessing what is hidden from your view.  This is helpful for your personal growth and the growth of your...