by Mark Helm | Feb 7, 2019 | Buy Self Storage, Self Storage Management, Self Storage Mindset
I have worked with lots of people getting in the self-storage business over the years. Hundreds of them. However, I’ve never had anyone ask this question before. It seems weird, but no one has asked me before “What does it take to be successful in the self-storage...
by Mark Helm | Jan 17, 2019 | Self Storage Management
There is no question about it. The self-storage industry has experienced a construction boom. As of Sept. 2018, units planned or under construction account for 9.3% of the existing inventory in the U.S. according to Yardi matrix. The most active markets amount the 31...
by Mark Helm | Dec 8, 2018 | Self Storage Management
ADA A thing that is often overlooked in thinking about, designing, or even trying to pull a building permit for a new self-storage facility, or an expansion, is the ADA (Americans with Disabilities Act) requirements for self-storage. Yes, ADA is very applicable to...
by Mark Helm | Dec 1, 2018 | Self Storage Financing, Self Storage Management
We are all hearing about the rising interest rates, right? Well, let’s discuss it in relation to you getting in the self-storage business or growing your self-storage business. The current loan environment, in historical terms, is still in good shape. Interest rates...
by Mark Helm | Aug 24, 2018 | Self Storage Management
Are you in the self storage business? If so, are you a member of the SSA (Self Storage Association)? How about Inside Self Storage (ISS)? I found it strange when I first got in the self storage business that there were two trade organizations that both had great...
by Mark Helm | Jul 7, 2018 | Self Storage Management
We create a Proforma for every self storage project before putting it into service. If I’ve had one consistent success in the self storage business it has been hitting or beating the Net Operating Income (NOI) projection in these Proforma. This has been a big...
