Creating Wealth Through Self Storage

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 in the age of automation.

Video link: https://www.youtube.com/watch?v=OJKdzuXLB1Y

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 is usually distressed because of fundamental reasons going on in the trade area that you can’t solve.”

I don’t say that anymore.

It just looks very different, and how we buy them is different too.

Let me explain in this video.

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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 is called – Fundraising For The Small Self Storage Investor.

If you need to use other people’s money to get in or grow your self-storage business, but it seems overwhelming, scary, or unsure where to start, this is your course.

If you see this after the course, it is available as an on-demand course to support you at CreatingWealthThroughSelfStorage.com or TheQuickStartAcademy.com.

The link below and here:

https://creatingwealththroughselfstorage.lpages.co/fundraising-course-event/

**Online Courses at The Quickstart Academy**

**Listen on Apple Podcasts**

**5 KPIs we measure**

**My blog**

Creating Wealth Through Self Storage

**Facebook**

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**The Storage World Analyzer**

**The QuickStart Academy Store**

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 then go on a rant.

**Fundraising Course Release Notification**

**Online Courses at The Quickstart Academy**

**Listen on Apple Podcasts**

**5 KPIs we measure**

**My blog**

Creating Wealth Through Self Storage

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**The Storage World Analyzer**

**The QuickStart Academy Store**

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**

**Online Courses at The Quickstart Academy**

**Listen on Apple Podcasts**

**5 KPIs we measure**

**My blog**

Creating Wealth Through Self Storage

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**The Storage World Analyzer**

**The QuickStart Academy Store**

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 upgrades we have used that made a difference.

**Fundraising Course Release Notification**

**Online Courses at The Quickstart Academy**

**Listen on Apple Podcasts**

**5 KPIs we measure**

**My blog**

Creating Wealth Through Self Storage

**Facebook**

**Twitter**

**The Storage World Analyzer**

**The QuickStart Academy Store**

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 good self storage site and the demographic metrics I focus on and why.

Some may disagree with this approach, but nonetheless, this is mine.

Enjoy.

**Fundraising Course Release Notification**

**Online Courses at The Quickstart Academy**

**Listen on Apple Podcasts**

**5 KPIs we measure**

**My blog**

Creating Wealth Through Self Storage

**Facebook**

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**The Storage World Analyzer**

**The QuickStart Academy Store**

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 the current market trends, assessing your facility’s value, implementing effective marketing strategies, and negotiating favorable deals.

If you are thinking or want to learn about selling a facility, this will introduce you to the process and thinking I move through as I take it to market.

**Fundraising Course Release Notification**

**Online Courses at The Quickstart Academy**

**Listen on Apple Podcasts**

**5 KPIs we measure**

**My blog**

Creating Wealth Through Self Storage

**Facebook**

**Twitter**

**The Storage World Analyzer**

**The QuickStart Academy Store**

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 five lessons about self storage operations I have learned. Some of these lessons I learned the hard way.

I share these with you in the hopes of shortening your learning curve and helping you avoid some of the headaches I’ve had over the years.

I am quite sure these are ideas you will not usually generally hear about self storage operations.

**Fundraising Course Release Notification**

**Online Courses at The Quickstart Academy**

**Listen on Apple Podcasts**

**5 KPIs we measure**

**My blog**

Creating Wealth Through Self Storage

**Facebook**

**Twitter**

**The Storage World Analyzer**

**The QuickStart Academy Store**

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 is late and when a lien sale can be initiated?

You would if you were a member of the Indiana Self Storage Association or the National Self Storage Association.

Let me explain why I think they are important for YOU.

**Online Courses at The Quickstart Academy**

**Listen on Apple Podcasts**

**5 KPIs we measure**

**My blog**

Creating Wealth Through Self Storage

**Facebook**

**Twitter**

**The Storage World Analyzer**

**The QuickStart Academy Store**