Creating Wealth Through Self Storage

Creating Wealth Through Self Storage episodes:

• 06.07.2024

  Creative Self-Storage Solutions – Reducing The Cost of Capital In A Storage Deal

  The cost of capital is high today to do a Self-Storage or Boat & RV development today. Let’s look at a creative way to reduce this cost of capital and perhaps solve another problem for us smaller developers if we are...

  
• 05.31.2024

  Is The Self Storage Party Over? Let’s Look at First Quarter 2024 REIT Stats

  So, is the decade-long self-storage party over? Is self-storage still a good place for small investors to go in search of their dreams and goals? I’ll share what I think after contemplating the data from the big players after Q1-2024. **Online Courses at...

  
• 05.17.2024

  Meet Smitty – President and General Contractor for Resolve

  Smitty is my partner in a self-storage company designed to take the small investor through the entitlement process for self-storage projects in an affordable way and then bid on the construction of the project in a competitive environment, ensuring clients...

  
• 05.11.2024

  Your Self-Storage Team

  Self-Storage tends to attract lone wolves who want the freedom and independence this business can offer. But here’s the deal: no one can be successful by themselves. It takes a village. Or a team, in this case. Let’s discuss the basics of who...

  
• 04.26.2024

  My Boat & RV Revelation

  I had a few ah-ha moments at the recent Inside Self-Storage Convention (ISS) a few weeks ago. One of them was about the future of Boat & RV developments as a niche in the storage space. I heard a statistic that I’ve...

  
• 04.19.2024

  Takeaways From the 2024 ISS Convention

  As many of you know, I attended the Inside Self Storage (ISS) Convention two weeks ago in Las Vegas. Not everyone could go, so here are a few takeaways in no particular order. In some future episodes, I will cover others in...

  
• 04.13.2024

  The Physics of Self-Storage

  Let’s talk about the physics of self-storage today. I finally figured out that REITs must have physicists on their payroll. Let’s look at how we can apply laws of physics, at both the Newtonian level and the Quantum level to our storage...

  
• 03.29.2024

  Three Reasons Small Investors Fail at Raising Money for Self-Storage Deals

  Over the years, I have worked with many people who need to “raise investment money” from “investors.” I have seen many not succeed. I struggled some when I first got started, as well. Let me share the big reasons I see investors fail. **Online...

  
• 03.22.2024

  Four Reasons I Am Going To The ISS Expo In April (And Hope To See You There)

  There are two main organizations that put on seminars in the self-storage space in the US. One is the Self-Storage Association (SSA), and the other is Inside Self Storage (ISS). I love the SSA; it is a vital organization for self-storage owners. For...

  
• 03.01.2024

  Five Reasons Why You Should Consider Taking the Next Quickstart Academy Self-Storage Bootcamp

  In this episode, I will cover material that will be important to you regardless of whether you are joining us in this upcoming QuickStart Self-Storage Boot Camp on March 8th & 9th, 2024. A lot of things are changing in...

  
• 02.23.2024

  Strategies for Cost-Effective Self-Storage Construction

  In my world of self-storage acquisition, there are two big obstacles today. One is financing challenges, and the other is construction costs. Now, it is true construction costs have leveled off somewhat, but they are still high. Let’s talk about some effective...

  
• 02.16.2024

  Deciphering Cap Rates in Self Storage Investments

  In the world of self-storage investments, capitalization rates, or CAP rates, are more widely discussed and understood. You certainly will never see one in an offering memorandum. Let’s talk about what they really are, how I suggest using them today, and their...

  
• 02.09.2024

  Why Banks Are Hard to Work With Today & One Question You Can Ask Your Lender

  I am writing this in early Jan. 2024 and focusing on a back-to-the-basics series for getting into the self-storage industry. Because we have a lot of new people in the community, and because I have just put out two detailed episodes...

  
• 02.02.2024

  Mastering the Art of Negotiation in Self-Storage

  I am writing this in early Jan. 2024 and focusing on a back-to-the-basics series for getting into the self-storage industry. Because we have a lot of new people in the community, and because I have just put out two detailed episodes...

  
• 01.26.2024

  How I Analyze Self Storage Conversion Opportunities Today

  Lets take a look at a video I did on how to analyze Conversion in Episode 211. Conversions are a great way to get in the self-storage business. But a lot has changed since I first recorded this episode. And yet, a lot...

  
• 01.19.2024

  How I Analyze Self Storage Opportunities Today

  Here is a video I did on how to analyze expansions in Episode 210. Expansions are still a major way I, and the people I work with are using to get in the self-storage business. But a lot has changed since I...

  
• 01.12.2024

  Self Storage Site Selection Mastery for the Small Investor

  Let’s use to use Jan. of 2024 as a back to the basics on how to get in the self-storage business, or grow one in these challenging times, I thought I would talk again about what makes a good site...

  
• 01.05.2024

  Exploring The Best Self Storage Opportunities In Today’s Market

  As I write this in Jan 2024, I get asked a lot “What and where are the best self-storage opportunities today.” If you are a small investor or new to the space, let me share with you what and where I...

  
• 12.29.2023

  A 4-Step Process for Completing a Year & Creating the Next One Powerfully

  Most of us who are in the self-storage business or own our own businesses set yearly goals. I recently went through the process I use prior to setting my goals with the members of our Inner Circle community, and it seemed...

  
• 12.22.2023

  A Holiday Message For You in 2023

  A quick holiday message for you and wishing you a Happy Holiday season from Mark Helm. Let’s make 2024 one for the books. **Online Courses at The Quickstart Academy** https://TheQuickStartAcademy.com/ **Listen on Apple Podcasts** https://podcasts.apple.com/us/podcast/creating-wealth-through-self-storage/id1588425875 ** 5 KPIs we measure** https://creatingwealththroughselfstorage.lpages.co/top-5-kpi-ebook/ **My blog** Creating Wealth Through Self Storage **Facebook** https://www.facebook.com/markhelmselfstorage/ **Twitter** Tweets...

  
• 12.16.2023

  2023 In The Rear View – How Are You Seeing It?

  This year has been an interesting one for many of us small investors in the self-storage space. Let me share some of my challenges with you, but more importantly, a way to create the following year for you in the self-storage...

  
• 12.09.2023

  The Last 8 Years of Learning Out Loud About Self Storage

  Four hundred episodes over eight years. Here is what it looks (or sounds) like. The numbers change. The people change. But do the fundamentals remain the same? Video Link: https://www.youtube.com/watch?v=IseSapYfcJA

  
• 12.01.2023

  How To Create A Successful Self-Storage Business

  How To Create A Successful Self-Storage Business Many of us get into self-storage because we are looking for freedom. Both financially and with the freedom to manage our time as we see fit. And yet, we are often even busier than ever...

  
• 11.10.2023

  Navigating the Current Self-Storage Market: The Disconnect Between REIT Street Rates and Effective Rents

  In today’s self-storage industry, one of the biggest challenges we have today as small self-storage entrepreneurs is the rising disconnect between the rates quoted by Real Estate Investment Trusts (REITs) and the actual rental prices in the market, including their...

  
• 11.03.2023

  Hard-Money as a Refinancing Option? Not Out of the Question Today.

  Why in the world would someone ever consider a hard-money loan for refinancing a self-storage facility? Well, for a few it may not be as far-fetched as it sounds. Let’s look at a few scenarios. **Online Courses at The Quickstart Academy** https://TheQuickStartAcademy.com/ **Listen on...

  
• 10.27.2023

  Navigating the Storm: The Rising Tide of Self-Storage Insurance Costs

  Let’s talk about property insurance. I don’t think many of us are prepared for the premium increases we are going to see over the next few years. The days of predictable, marginal increases are behind us; in fact, we’re now entering an...

  
• 10.20.2023

  Is Now The Time To Get In Self Storage?

  “Is now the time to get in self storage?” I get asked that multiple times a week. Let me give you my opinion today. **Online Courses at The Quickstart Academy** https://TheQuickStartAcademy.com/ **Listen on Apple Podcasts** https://podcasts.apple.com/us/podcast/creating-wealth-through-self-storage/id1588425875 ** 5 KPIs we measure** https://creatingwealththroughselfstorage.lpages.co/top-5-kpi-ebook/ **My blog** Creating Wealth Through Self Storage **Facebook** https://www.facebook.com/markhelmselfstorage/ **Twitter** Tweets...

  
• 10.06.2023

  There Is Always a Solution in Self-Storage, Even in Hard Economic Times

  Let me share a case study of how a deal was done in tough economic times. I offer this not as “here is how to do deals, or here are some tips or techniques to use.” I offer this case study example...

  
• 09.29.2023

  Self-Storage “Bad Times?”

  I am starting to have fun again as I work on getting my next self-storage project. Nothing has really changed that much in the market…but I am beginning to notice a shift. Let me share with you what it is and my...

  
• 09.23.2023

  Rediscovering How Much Fun Buying Self Storage Can Be

  I am starting to have fun again as I work on getting my next self-storage project. Nothing has really changed that much in the market…but I am beginning to notice a shift. Let me share with you what it is and my...

  
• 09.15.2023

  Navigating the Interest Rate Swirl for Small Self Storage Investors Today

  Interest rates are going up! No… They’re flattening out and going down. No, wait… They are going up again. What is a small self-storage person to do? How can we navigate these strange and choppy waters? Let me share with you how I am doing...

  
• 09.08.2023

  Small Is the New Big in Building Self Storage Today

  Let me share with you an idea I got as I was working with a person I coach. It is a strategy you can deploy to come in right under the nose of the larger self storage projects in development and...

  
• 08.25.2023

  Self-Storage Managers in the Day of Automation

  Yes, I have a self-storage facility where there is no manager. Automation has allowed that. But, for the most part, projects I have been involved in have managers. I like managers. Let’s take a different kind of look at using managers in self-storage...

  
• 08.18.2023

  Navigating The Current Landscape of Distressed Self-Storage Investments

  Yes, I see more distressed self-storage being marketed. It is actually something I didn’t see very often early in my career. I can remember telling people things like, “If you see a distressed self-storage facility, odds are you don’t want it. It...

  
• 08.11.2023

  Unleash Your Fundraising Potential Live Virtual Course Aug. 18th & 19th

  I have been threatening for months to release my new Fundraising Course. Well… It is ready. I am going to launch it with a live event. 10:00 AM – 1:30 PM Eastern time Friday & Saturday, August 18 & 19,2023. The course/event...

  
• 07.21.2023

  Distressed Self Storage Opportunities

  Im starting to see the distressed self-storage listings. I said they were most likely coming and I am starting to see a trickle of them, soon to be more. Let me share with you an example of what to look for and...

  
• 07.07.2023

  A Different Approach to Using Google Marketing to Attract Customers

  Online marketing has never been more critical than it is today. Especially if you are in lease up. Let me share how I approach it now, and hopefully somone will change my mind. **Fundraising Course Release Notification** https://creatingwealththroughselfstorage.lpages.co/self-storage-fundraising-course-notification/ **Online Courses at The Quickstart Academy** https://TheQuickStartAcademy.com/ **Listen...

  
• 06.30.2023

  Innovations in Self Storage: Leveraging Automation and Innovations for Growth

  A lot has changed since I first dipped my toes into the self-storage waters in 1995. Perhaps the most interesting and-fast paced changes have revolved around tech innovations. Not all tech innovations are right for your facility. Let’s look at innovations and tech...

  
• 06.16.2023

  My Philosophy on Site Selection and Feasibility Analysis for Self-Storage Facilities

  Are you ready to hear what I think is critical to finding a good self storage site? I might do an episode on my philosophy of life, but this episode is not it. This episode is my philosophy of what makes a...

  
• 06.09.2023

  Exit Strategies and Valuation: Preparing for a Successful Sale of Your Self Storage Facility

  We talk a lot about buying self storage in these episodes. Let’s discuss selling. In this episode, we discuss valuable insights to help you navigate the complex process of selling your self storage facility. There is a real art to this. I’ll cover...

  
• 05.26.2023

  Headache Averted: 5 Lessons Most Self-Storage Operators Learn the Hard Way (But Not You)

  There is one big benefit of having been in and around the self storage business for almost 30 years (in other words being old). You learn some lessons you did not and could not have known when you began. Let me share...

  
• 05.12.2023

  Join Your State Self Storage Association (at least)

  If you live in Indiana, did you know the default time for being able to assess a late penalty and deny tenants access to their units has been shortened? Did you know Indiana, the time-period has been shortened between when somone...

  
• 05.05.2023

  The Practice That Has Made the Most Difference in My Life and Success

  I just returned from a two week break from self storage and business I took as I traveled with my wife to Florida. I did no writing, and little real estate and calls. But I did continue my morning practices and realized...

  
• 04.07.2023

  Fundraising 101- Pt. 4 – Funds

  Over the last three weeks, we have been discussing an overview of fundraising for small self storage investors getting in the business or growing their business from my perspective. This will be the last in this mini-series. I have organized this large...

  
• 03.31.2023

  Fundraising 101 – Pt. 3 – Joint Ventures

  Over the last two weeks, we have been discussing an overview of fundraising for small self storage investors getting in the business or growing their business. I have organized this large and complicated world of fundraising into three main buckets, syndications,...

  
• 03.24.2023

  Fundraising 101- Pt. 2 – Syndications

  Last week, I introduced self storage Fundraising 101 and discussed three main types of raising capital for self storage investments. I have organized this large and complicated world of fundraising into three main buckets, syndications, joint ventures, and funds (or private...

  
• 03.18.2023

  Fundraising 101 – Pt. 1 – Overview of Deal Structure Types

  As a small investor who raises money for equity in the deals I do and as a self storage coach who helps people get into the self storage business who often have to raise money, I have seen a lot...

  
• 03.04.2023

  Economic Data Interpretation From a Self Storage Person… Not an Economist PT. 2

  Last week, as a self storage person, not an economist, I shared my ideas on inflation. Inflation is the driver of what is happening to our economy at this moment in time. So if inflation is the train barreling down the tracks,...

  
• 02.24.2023

  Economic Data Interpretation From a Self Storage Person… Not an Economist PT. 1

  Yes, I am a self storage person interpreting the economic data points and sharing how I see it fitting into our area of interest, self storage. Now depending on which news silo, you get most of your “news” from, you hear...

  
• 02.17.2023

  The Self Storage Fundraising Mindset Series – Mindset Is Everything – Mindshift #3

  In the world of self storage, fundraising for self storage, or any other worthwhile endeavors in life, one needs to know what to do, but the most important aspect to success is one’s mindset. One’s thinking. Most people are not present to...