Self Storage- Failure at 100% Occupancy
Saturday, August 13
My wife and I have been discussing our Retirement life, running 8 Self storage locations in 5 towns and how to relax a little more. Our major focus has been developing two larger (for us 220/365 units) locations in a larger town and we haven't looked back at our original locations. Our son just...
Self Storage- Deaf, a DUH moment
Tuesday, May 03
Had a teacher from the Iowa School for the Deaf call yesterday and ask if her students could visit. They are taking them through different life experiences such as renting a storage unit. They stopped by today and I took them through how to rent self-storage and the self-storage "pricing" game ...
Self Storage- Convention, Asset Protection
Sunday, April 24
Had a chance to go to the SelfStorage Convention in Las Vegas this past week. Although there were many things that interested me from the vendors and the conferences, the best one was an "Asset Protection" seminar I sat in on. "American Society for Asset Protection" Las Vegas. This is a fee b...
Self Storage- Just Built. Sell or Not?
Friday, April 01
This is not your situation, but just to walk through the different thought processes in Holding/Selling that a friend of mine is going through. Helped my friend get into the Self Storage business and walked him through the whole process from evaluating the market, selecting a site, developing the...
Self storage- Auction Day
Saturday, March 26
Had an auction today. Two units, one at each of two of our locations. We have 8 locations and 1,200 units. Only these two units auctioned in the last 2 months due to our autopay requirements and fast lockout procedures. Auction- follow state laws for your state. Auction Rules- a. Open door, b. Do...
Self Storage- Sparefoot
Tuesday, March 15
Spring is in the air. For you northern climate storage locations, you should be working to get your Sparefoot Rankings to the top now, prior to the April/May busy season. For example google sparefoot. Do a search by zip code or town. Type in either zip code 51501 or 51503; or Omaha as an exam...