by Mark Helm | Jun 30, 2017 | Self Storage Financing
Welcome to week four of the Self Storage Finances series. Here are the three statistics we have been discussing. 90% of all business fail within 10 years. The average swing from the bottom of an economic cycle to the top is ten years. 90% of all business owners don’t...
by Mark Helm | Jun 23, 2017 | Self Storage Financing
Remember the 3 statistics we discussed last week? 90% of all business fail within 10 years. The average swing from the bottom of an economic cycle to the top is ten years. 90% of all business owners don’t read, or don’t know how to read a financial statement. We are...
by Mark Helm | Jun 16, 2017 | Self Storage Financing
Over 90% of all business that are started today will fail within ten years. And don’t fool yourself, self storage is a business. Yes, it is real estate play but it’s also a business. In many ways, we are double exposed. We must have real estate knowledge as well as...
by Mark Helm | Jun 9, 2017 | Self Storage Financing
I am amazed at the number of self storage owners, and business owners, that have little or no financial knowledge. I am no expert in reading financial statements. And I have struggled in the past with knowing the numbers for all of our facilities. But I have learned...
by Mark Helm | May 26, 2017 | Self Storage Financing
I have learned so much more from the investors who work with us than they ever have from me. Much of it I shared last week in Episode 112. I discussed some of the metrics, benchmark numbers, and issues I’ve learned our investors are interested in. If you put yourself...
by Mark Helm | May 20, 2017 | Self Storage Financing
The number one area of interest for people that reach out to me is how to work with investors to raise capital for self storage facilities. I attract those type of question so often, I wrote about it in my book Creating Wealth Through Self Storage. At that time, I...