Creating Wealth Through Self Storage

Do you know you can talk to the person you hire for a self storage feasibility report and ask them to focus on a few additional things before you engage them?

At least I do.

So far it has worked.

Let me share with you some of the things I may ask for.

-Online Courses at https://TheQuickStartAcademy.com/

As I discussed last week, I love doing self storage expansions.

But sometimes, as I analyze an expansion, and I run a preliminary analysis figuring how much additional self storage I can get on the excess land and the numbers still don’t work very well.

It’s not a deal we want to do.

Let me share with you an idea that has made some of them work.

-Online Courses at https://TheQuickStartAcademy.com/

Last week I told you I love self storage conversions.

I also love self storage expansions.

Like conversions, we have made a lot of money for our families, partners, and investors.

I have also seen lots of people I coach and train do well with expansions.

But I have seen and made some mistakes underwriting expansions.

Let me share with you the three biggest mistakes I am seeing NOW in regard to underwriting them.

-Online Courses at https://TheQuickStartAcademy.com/

I love self storage conversions.

They are a lot of fun and very rewarding, but …

I have made and seen others make mistakes when doing conversions. Let me share with you three mistakes I have seen numerous times and have made myself.

-Online Courses at https://TheQuickStartAcademy.com/

2022 Holiday Message From Mark Helm

-Online Courses at https://TheQuickStartAcademy.com/

I have written and talked a lot about buying self storage.

I figured it was time I wrote about selling self storage and my number one rule for selling a project.

Let me tell you and give a couple of examples of what I think is the number one rule for selling a self storage project.

-Online Courses at https://TheQuickStartAcademy.com/

About twice a year, I get on my soap box and pontificate about using sq. ft/per capita as the sole and primary basis for determining self storage supply/demand in a market or trade area.

It’s that time of year again.

Let me share with you two examples and some other variables that I think effect supply/demand as much as supply in a given trade area or market.

-My Training and Coaching at https://TheQuickStartAcademy.com/

Is there really a slowdown in the self storage space as a result of rising interest rates?

There appears to be, but for me at least, the total picture isn’t quite in yet.

Just like our world today, the self storage industry is a mixed bag of contradictions.

As a small investor, our job is to navigate these seeming contradictions, and come up with strategies to get in or grow our self storage business.

Let me share with you some of my current observations and two strategies people have today.

-My Training and Coaching at https://TheQuickStartAcademy.com/

I get a lot of questions about automaton and remote self storage management

I am no expert, but let me introduce you to one.

Meet Terry Campbell of Copper Self Storage Management Company. He is the expert.

-My Training and Coaching at https://TheQuickStartAcademy.com/

I have noticed a very interesting thing as I have coached and consulted people over the years getting into the self storage business.

Before you watch, ask yourself if you are a self storage developer or operator.

Video link: https://www.youtube.com/watch?v=bjemvjSH4PE