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Self-Storage Industry Articles & Information

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eMail Your Article or Industry Information to amy@selfstorages.com

How To Buy A Self-Storage Facility Properly - NEW
Buying a self-storage facility is a lot harder than you think – particularly if you want to make money with it. Over the years, there are some basic traits that separate winning facilities from losers. And that genetic code is hard to break. Frank Rolfe - Feb 2010

How To Make Money In The Self-Storage Industry - NEW
There is a ton of bad information out there on the self-storage or “mini-storage” industry. Contrary to what you may read, there is virtually no money in building new facilities or buying them at a 7% cap rate. If you really want to make money in self-storage, you have to put in significantly more work, and follow a different game plan entirely. Buying an established facility with good occupancy at market rents will not lead to great riches – only endless concern over making the note payment. The way to success is much more basic.  Frank Rolfe - Jan 2010

Why You Can't Manage A Self-Storage Facility From Just A Kiosk
There is urban legend going around, created by some “gurus” trying to sell their books, that you can manage an entire self-storage facility from a “kiosk”, basically a walk-up automated teller like an ATM machine. Although the concept of having a “robot” manage a self-storage facility is attractive from a cost-savings and low management perspective, it is, unfortunately, a fantasy with about as much practicality as the photon torpedo out of Star Trek. The reasons you cannot manage a self-storage facility from a kiosk are numerous....  Frank Rolfe - Dec 2009

Personal Self Storage Solutions for Home owners and Students
Self storage companies provide storage space to residential and home users who look for extra storage space to store their belongings. Personal self storage companies can take care of all your storage needs, whether you want to store your sporting good, seasonal possessions, valuables, old piece of furniture or a piano, student storage possessions or belongings and furniture at home which you need to clear to de-clutter your home for a sale or for moving to a new house.
Bernard McAvinue [ STORE IT ] Ltd. 11/19/08

Is Self Storage Beneficial for Businesses and Offices?

Self Storage companies provide storage space to home users where they can store personal items like furniture and other belongings to make space at home. Self storage facilities can also be used for commercial purposes by businesses and offices to store extra equipment, machinery and furniture lying around the office. Bernard McAvinue [ STORE IT ] Ltd. 11/17/08

WHY ARE SELF STORAGE UNITS A GOOD INVESTMENT

Self Shortage Units are attractive to both buyers and lenders. Operating and maintenance costs are low and the ROI (return on investment) is comparable or higher than multi-family units and mobile home parks, which we also finance. The initial investment is 1/4 to 1/3 of other investments, and ongoing improvements are minimal... Buddy Dufau Residential and Commercial Mortgage Co 03/06/08

Chicago, IL, January 31, 2008 Beacon Realty Capital, a commercial real estate financial services firm with a specialized self-storage lending group, announced it closed a record-setting $166,754,300 in self-storage property transactions in 2007, amidst a changing and challenging capital market environment... Kathryn Gremban Beacon Realty Capital, Inc. 12/31/07

Investing in Self-Storage Facilities: An Overview
For more than thirty years, an ever growing number of people from different walks of life have elected to become involved in self-storage investment... Richard Stephens SelfStorages.com 12/31/07

 


 

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The self storage unit in Maynardville, TN sold yesterday.
Thank you so much for your wonderful site. It works. It really does. We
had a broker in town work for a year to sale it and not until we listed on this site did we finally get the result we wanted. Thank you very much.

The Zeppelin's


I had my listing for a mini storage on your website and I was honestly impressed by the number of calls that I got from qualified buyers that found my listing on your site. You must be advertising in the right places. I've since sold my mini storage listing and I'm currently working a few of these buyers to help them find other mini storage facilities for sale. Thanks for your help.

Richard Rasmussen  Designated Broker Sunbelt Business Advisors, LLC.

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