While some players in the self-storage game might argue that having high occupancy rates means business is booming, it actually means you could be running out of inventory and restricting your revenue stream. Having the space to accept new customers...
Occupancy rates and rents at self storage facilities are at record highs, drawing investors and entrepreneurs looking for growth opportunities. However, owning and operating a self storage facility comes with risks, so it’s always a good idea to bring...
Demand for storage and profit potential is certainly a driving force behind the growth of the self storage industry, but there’s another reason everyone wants in on the action: Most self storage facilities have relatively low capital expenditures...
WHAT IS A DEAD ZONE?
Take a look around your self-storage facility and ask yourself:
“How much unproductive land do I own?”
The majority of self-storage facilities contain a percentage of land that can’t be developed through traditional means....
Popular Posts
With the approval of both companies’...
Boat and RV storage has morphed and...
The issue of towing at self-storage...
Recent Posts
The self-storage industry experienced a...
Put yourself in your customers’ shoes. Take...
I fear our industry faces a potentially...
In August, a group of young environmental...
While it has become somewhat more...
With the approval of both companies’...
Located approximately 0.5 miles from the...
Investing in self-storage facilities can...
For a decade, Kelly Maas has been...
Within four years, Ron Pell has become a...
0