by Mark Helm | Sep 25, 2020 | Buy Self Storage, Self Storage Management
We are in the third episode of a series, discussing the second current challenges our self storage company is focused on to keep our self storage companies going strong over the next year or so. If you want to, you can review Episodes 263,264, & 265 here. As a...
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 21, 2020 | Self Storage Management
I have said it in other episodes, but the fortune-tellers of today are the ones who “interrupt data.” I could get the “data” to predict virtually any outcome I want. But with all this data flying around, it is hard not to predict what is coming...
by Mark Helm | Aug 14, 2020 | Buy Self Storage, Self Storage Management
I get tired of hearing about the “new reality” we are in due to COVID-19. I am sure many of you do too. However, in the world of self storage, as we try to figure out what works and does not work, let’s stay on the subject a little longer. What we did in 2019 to fill...
by Mark Helm | Aug 7, 2020 | Self Storage Management
I am very grateful that I have figured out how to make money in self storage. Who I am now is someone you could take everything from, drop-off in a strange place where I know no one, and I would be OK, prosper, and soon have all I could ever want. And I don’t think it...
by Mark Helm | Jul 17, 2020 | Build Self Storage, Buy Self Storage, Self Storage Management
I am beginning to re-think how I calculate lease-up in self storage projects. When I first entered into self storage in the mid-1990s as a broker helping a REIT find self storage, they used to assume 5% of their square footage per month would lease-up (wouldn’t...