How We May Re-Shape Our Self Storage Company As A Result Of The Self Storage Convention
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...
Why To Focus On Secondary Markets For Self-Storage Today
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%...
“How Much Can I Pay For Land To Build Self-Storage On?”
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...Will CAP Rates Ever Change?
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...
What Business Are Your In?
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.
