Self Storage

Consumer behavior has almost entirely shifted toward use of the Internet in recent years, making a  business website essential for any self-storage property. The website address is also known as the URL, which stands for “Universal Resource Locator.” Start with your company’s URL, when evaluating whether your website could do a better job of attracting […]

Maintaining a low vacancy rate at a self-storage facility begins with giving renters what they are looking for. The answer to what tenants want in a storage facility can largely depend on the area where the property is located. Some features are universal and less of a risk for owners aiming to target investment dollars

With the right kind of prep, the sale price of a self-storage facility can potentially increase by six figures. There are several areas you can focus on, to yield good results. Before putting your self-storage facility on the market, boost the curb appeal, enhance revenue, put expense reporting in order, and more. An excellent option

A self-storage facility with full occupancy may seem like the perfect situation, but it’s no time to become complacent. There are ways to make even more of the situation. It’s a smart business move to continue being proactive when there are no vacancies. Bottom line is that turning away customers who may be desperate for

There’s no need to worry about a stampede of departing tenants when you raise rates on storage prices. It costs renters, on average, about $150 to rent a truck and move their belongings. A price hike would have to be a full 20% above current going rates for a switch to another facility to make

Winter weather can suddenly get nasty at a self-storage facility, no matter where you live. Self-storage operators and managers can save money, avoid hassles, and protect the facility’s reputation by preparing before the season arrives. Customers expect to have access to their storage units, whether or not there have been icy or snowy conditions. It

Self-storage properties can be excellent investments. If you purchase an underperforming self-storage property, the initial cost is less expensive than if you buy one that is thriving financially. The secret to turning things around and having assurance of making a hefty profit is do the right kind of homework in advance. Certain conditions that exist

Residents of the Florida peninsula are no strangers to dealing with the impact of natural disasters. Self-storage facilities in the region are also vulnerable. It’s important to have a strategy of preparedness in place before any type of catastrophe strikes. Natural disasters include tornadoes, hurricanes, hail, flooding, and high winds. Preparation is also needed for

Have you considered self-storage as a retirement plan? Housing trends show that in coming years, the U.S. population will need more storage space than ever for their belongings, as Baby Boomers move into smaller homes or apartments. This insight is backed by research, statistics, and a flourishing self-storage industry. There are many dynamics which can

In the business of self-storage, there are really successful entities and there are some that are marginally successful. “Over 21% of Americans currently use self-storage,” according to StorageCafe.com. That translates to 1 in 5 Americans using self-storage. There are few good reasons why a self-storage business isn’t thriving and almost at capacity based on the demand