Inside Self Storage: Features/Columns

Using Direct Capitalization to Estimate Self-Storage Facility Value

Key self-storage brokers, property owners and property managers still use direct capitalization and discounted cash flow as primary tools of the income approach to estimating facility value. They use the sales-comparison approach as support. This article focuses primarily ...More

June 30, 2012 By Ray Wilson

Posted in Articles, Real Estate

Looking to Build Your First Self-Storage Facility? Read These Insights First

Self-storage development is much more complicated than it looks on paper. Here’s an in-depth look at the key areas every self-storage owner or developer needs to understand when building a new facility. ...More

June 28, 2012

Posted in Articles, Construction, Development

Self-Storage Professionals Keep Up With State Legislation to Ensure Success and Survival

By becoming more informed of pending legislature, self-storage professionals can take an active role in forming the laws that govern their industry, protecting their businesses and advocating for their customers. ...More

June 25, 2012

Posted in Articles, Legal Issues, Management

Self-Storage Roof Maintenance: 3 Tips for Keeping Units Dry Year Round

A self-storage facility’s roof must be properly maintained year round. Here are three tips to help self-storage operators keep their units and customers’ belongings dry. ...More

June 24, 2012

Posted in Articles, Management

What Self-Storage Operators Need to Know About Google's Penguin Algorithm

Over the past two months, Google launched a new algorithm to combat websites that were violating the Internet giant’s guidelines. Here are the most important aspects that may affect self-storage operators. ...More

June 22, 2012

Posted in Articles, Management, Marketing

The Great Lakes Self-Storage Summit: Facility Owners Discuss Revenue Growth, Online Marketing, REIT Results and More

Illinois Self Storage Association Board of Directors

From single-store operators to well-known representatives of real estate investment trusts (REITs), a diverse group of self-storage stakeholders made their way to the Great Lakes Self Storage Summit on June 6 at the Conrad Hotel in downtown Chicago. ...More

June 18, 2012 By John Carlisle

Posted in Articles

Evaluating Self-Storage Employees: Strategies for a Positive, Productive Process and Better Business

Self-storage owners who aren’t conducting some sort of employee-performance appraisal at least once per quarter are doing a large disservice to their employees and their business. Here's an overview of the employee-evaluation process, pointers for your role as supervisor, ...More

June 16, 2012

Posted in Articles, Management

Sounds of Storage Podcast: Ted Culbreth Talks Construction, Development

A self-storage builder very active in Texas and other areas of the South is SBS Construction. Ted Culbreth, the company's vice president of sales and marketing, is an industry veteran whose career started during the self-storage development boom of the 90s and early 2000s. ...More

June 14, 2012 By John Carlisle

Posted in Articles, Construction, Development

Self-Storage and Current Real Estate Interest Rates: Facility Owners Wonder, Will the Low Rates Hold?

Self-storage owners interested in refinancing an existing or acquiring a new facility are always concerned with interest rates. Based on historical standards, today's rates are low. But is this an abnormal period of sustained low rates that will soon revert to the long-term ...More

June 12, 2012 By Devin Huber

Posted in Articles, Finance, Real Estate

What It Means to Be a Self-Storage Manager Today: Skills, Traits and Common Myths

Today’s self-storage managers are expected to perform at an extremely high level to maximize the value of the facilities they operate. This article explores the skills and traits necessary to be a great manager and a brief overview of the job description, dispelling myths ...More

June 10, 2012 By Mel Holsinger

Posted in Articles, Management

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