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Self Storage Owner Resources
Welcome self storage facility owners. On this site your will find a host of resources to make your self storage business and your storage facility more profitable. SelfStorage.com is not only a place to find renters, it is a place for answers.
Click here to advertise your facility online. You will find infomation on including your facility as a featured facility on this site.
For information on the self storage market review recent Market Monitor articles from Argus Real Estate, the proven expert in self-storage facility purchases and sales.
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Self Storage Articles
Clich here to view all Self Storage Articles .
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Watching Your Pennies Will Make You Dollars July 2007
Benjamin Franklin once said that “a penny saved is a penny earned.” The same holds true in the real estate business, except that we can expect an even greater return when we make an effort to save on operating expenses. At one time or another, we have all looked at our to-do list and thought “I can do that next month.” Reviewing your operating expenses, however, is not one of those things you can afford to put off until next month. Operating expenses need to be reviewed regularly to ensure that the value of your property and its cash flow are not being undermined by subtle, yet devastating, increases in operating expenses. We have all received service contracts with a notice of an annual increase, it is time to take that seriously and understand the true effect of the rise in operating expense on the value of your facility. Read Full Article
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Using Multiple Channels to Maximize Web Exposure May 2007
In today’s competitive business environment, maximizing your advertising and marketing budget is an absolute necessity. With Internet penetration at 70% and climbing, the Web is increasingly becoming the advertising vehicle of choice for savvy marketers. This shows in online advertising spending which has doubled from $6 Billion in 2003 to over $13 Billion in 2006. But, the Web is diffused medium, and experienced marketers are finding that a website alone does not help build your business or fill your facility. The key to successful marketing on the Internet is to first have your message available to many Internet users, and second, to give them multiple opportunities to convert and become a customer. Read Full Article
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Market Monitor Articles
Clich here to view all Market Monitor articles on Self Storage markets and valuation.
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Have You Found Your Chair Yet? VII 2007
For the last several months we have been talking about the uncertainty in the real estate markets. In this high-stakes game of musical chairs, NOW is the time to find a chair before the music stops, bringing to an end high real estate prices and easy financing. This is the time for serious analysis of your personal objectives and options because the real estate and credit markets are likely to severely limit your options and outcomes. Read Full Article
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Self Storage 2007: A Market Overview Issue I 2007
It Is The Best of Times!
Charles Dickens began A Tale of Two Cities with these words, but then added the caveat, “and the worst of times.” I have no such disclaimer on the status of the self storage real estate market today. Without qualification, the market today is simply the best for owners and buyers at any time in the existence of our business. Interest rates are low, lenders are aggressive, buyers can earn a very competitive return when purchasing facilities, there are large institutional investors buying self storage, and values of properties are at all-time highs. While there is no qualification of any kind on this opinion, it also carries no warranty in the future. Read Full Article
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