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every 9 days
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15 minutes
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Engelsk
USA
206 avsnitt
sedan 20 augusti 2021
episodic

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One of the advantages of being a smaller self-storage operator is that — unlike the REITs and larger players who focus on their investors and stockholders — we can focus on the real source of our success: our customers. I found the StorageCafe (an online marketplace for consumers) newly released s…

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Sök efter tidigare avsnitt från Creating Wealth Through Self Storage.

TIDIGARE AVSNITT

As I look to the future, as I regularly do as a business owner, I realize that the self-storage business of the past will most likely not be the industry of the future. Let’s jump into the time machine and take a look at self-storage in the years ahead. Hint: To a large degree, this future landsc…
Let me tell you why I am not a big fan of large storage funds. I was recently reminded of this when I read an article in the ISS Newsfeed. We have got to do something to restore the image of our industry and I think the time to start is now. Let me explain in this episode. **My latest book, The…
I don’t see owners utilizing landing pages that much anymore in online self-storage marketing, and I am not sure why. I suspect it is because it has been beat into our heads that reduced clicks for consumers is the holy grail for online marketing success. Now I am all about reducing friction to re…
It has been a while since I used an SBA loan to develop some storage, but I am in a deal where we are using it now for a boat and RV development. We are racing to get it closed by Sept. 14 because the deal was underwritten at today’s interest rates, and if rates go up and the deal is not closed…wel…
I have made a lot of mistakes over my business career and done a few things right. Fortunately, it only takes a few good decisions, and some grace from the universe, to be successful. But if there is one lesson I wish I had learned early in my career, it is… in this episode. **My latest book, Th…
As I move through some of the various deals I am involved with today, the markets and the deals themselves are changing at a very rapid pace. Let’s look at what is behind these changes and the big advantage this current environment can offer the smaller investor/operator. I think you may be surpr…
I think trying to find off-market listings is hard as well today. As a storage owner, I get, on average, 10 texts a week, lots of letters a month, and perhaps one to two calls every week or so about selling my facility. Some inquiries even come for properties I sold years ago (not sure what lists …
We all know how AI is changing the self-storage landscape. Others smarter than me have talked about using chatbots for storage answering services, AI in revenue management and tenant data analysis (determining which tenants can pay what rate based on behavior), and many of the tools savvy operators…
After over forty years in real estate and the self-storage business, I have learned a few things about business that I am sharing as I hover around this 500-episode mark. I guess we could call these episodes “What I’ve Learned About Wealth, Business, and Life.” This also coincides with…
Ansvarsfriskrivning: Podcasten och konstverket som är inbäddat på den här sidan är från Mark Helm, som är dess ägares egendom och inte anslutet till eller godkänt av Listen Notes, Inc.