Self Storage Articles & News

When it comes to real estate, securing financing is often the linchpin for a successful deal. But how do you go about obtaining a loan for a self-storage facility? The process may seem complex

Traditionally, housing in America was based on large spaces. In 1790 the average house was 831 sq. ft., and by 1990 that had risen to 2,000 sq. ft. By 2015 it had risen again to

When considering the purchase of a foreclosed self-storage facility, it's crucial to focus on current income rather than construction costs. Often, potential buyers fall into the trap of using the bank’s loan amount

When evaluating self-storage facilities for sale, you might come across financial projections labeled as "pro-forma." These projections often present an idealized version of the property's financial performance,

Self-storage owners all face a common challenge: how to make their facility stand out. Despite being a low-tech but highly competitive business, it can be difficult to differentiate one facility from another.

In the realm of commercial real estate, your success hinges on what you buy. The initial choice of property is where you make your money. Even the best manager can't salvage a poor property choice,

It’s a standard piece of advice from lawyers: “Make sure you have it in writing.” Indeed, for many agreements to be legally binding—particularly those involving real estate, large sums of money, or

In America today, the booming self-storage sector is a reflection of several overarching megatrends reshaping the nation's landscape. With a staggering 10% of U.S. households now utilizing self-storage solutions

The baby boomer generation, those born in the post-World War II era from 1946 to 1964, represents a substantial demographic turning point in U.S. history. Comprising roughly 77 million individuals, this cohort has significantly influenced supply a

The journey to purchasing a self-storage facility is complex, filled with potential pitfalls and lucrative opportunities. Through years of