• The Importance of Audits
    I recently looked at a self-storage facility that was up for sale with a reputable broker. During conversation, he told me the site should be able to produce more income based on its occupancy and rental rates. I admitted I was not overly impressed with the on-site manager. ...More
    December 1, 2004 Mel Holsinger Posted in Articles
  • Paving the Way
    Buchanan Street Partners, parent company of Buchanan Storage Capital, hosted the Challenge for Children fundraiser on Sept. 10 in Newport Beach, Calif., bringing together 32 real estate industry teams in a multi-sport athletic competition that raised more than $300,000 for ...More
    December 1, 2004 Posted in Articles
  • Construction Corner
    Construction Corner is a Q&A column committed to answering reader-submitted questions regarding construction and development. Inquiries may be sent to construction@ministorage.com . Q: I am building my third self-storage site. The first two were built with a bare ...More
    December 1, 2004 Posted in Articles, Technology
  • Overcoming Objections From Small Business
    Selling records storage is easy once you understand the two prime objections you’ll get from customers and how to overcome them. This is an important ingredient in the records storage “lite” model designed for self-storage implementation. My last three columns have focused ...More
    December 1, 2004 Cary F. McGovern Posted in Articles, Finance
  • Health Savings Accounts
    This article is intended for smaller self-storage operators as well as managers who purchase their own health insurance or who, for economic reasons, have insurance with high deductibles. For the rest of you, tune in to this column in February for something more relevant ...More
    December 1, 2004 Jeffrey Greenberger Posted in Articles
  • Hiring, Training& Retention
    Do you know how much it costs to hire, train and retain a new employee? The numbers may amaze you. One self-storage employee may be a bigger expense than you realize. Typically, our managers wear many hats: marketer, customer-service rep, salesperson, supply clerk, ...More
    December 1, 2004 Thomas Krendl Posted in Articles
  • E-Mail Marketing
    If you’re like most storage operators, you collect pertinent contact information from tenants when they rent a unit, including a copy of their driver’s license. In this age of the Internet, you should also collect their e-mail addresses. Before we discuss the incredible ...More
    December 1, 2004 Fred Gleeck Posted in Articles, Technology
  • The Value of Consistency
    A lot of self-storage managers need help understanding their goal when speaking with prospects on the phone. Few follow an outline or a script, even though it can mean the difference between a sale and lost business. Some feel that because they have worked in their position ...More
    December 1, 2004 Paul Weston Posted in Articles
  • Employee Evaluations
    In the self-storage industry, managers typically work at a property with little or no direct supervision. One of the most difficult aspects of this arrangement is that the storage owner, supervisor or district manager does not regularly observe employees’ behavior. That ...More
    December 1, 2004 Carol Krendl Posted in Articles
  • Hey, What’s Your Handicap?
    Golf is one of those games a player loves or hates. But no matter how he feels about it, the average “Joe Golfer” will use an endless array of tools, gimmicks and gadgets to get to the top of his game. He will buy any products that claim to help him improve his handicap: ...More
    December 1, 2004 Lori Niemczyk Posted in Articles