Inside Self-Storage

Rental Rates

10 Things to Consider When Raising Self-Storage Rent

In response to a recent thread on Self-Storage Talk about the logistics of raising self-storage rent, SST member James Webb posted these 10 tips. ...More
February 8, 2012
Posted in Blog, Management
Self-Storage Discounting: Factors to Consider Before Offering Concessions to Customers

The discounting of rental rates has become a surefire way for self-storage operators to gain market share. However, there are some concession practices that can hurt a self-storage operation in the long run. Here are some things operators should consider before offering ...More
January 26, 2012
Posted in Articles, Management
Sounds of Storage Podcast: Anne Ballard

Customer-service expert Anne Ballard joined Self-Storage Talk Community Manager John Carlisle for the latest installment of the Sounds of Storage "Speaker Series." On the podcast, Anne, aka “The Hat Lady,” the founder and president of Universal Management Co., shares tips ...More
January 20, 2012 By Anne Ballard and John Carlisle
Posted in Articles, Management, Marketing
Resolutions Are Great ... What Are Your Actual PLANS for Self-Storage in 2012?

Without blinking, we've landed smack dab in the second week of January. Many of us have made resolutions regarding our businesses in 2012. But realistically, what are your plans for your self-storage operation this year? Making a decree is one thing; establishing a strategy ...More
January 13, 2012 By Teri Lanza
Posted in Blog, Real Estate
Self-Storage Budgeting in 2012: Take the Time to Get it Right

Now’s the perfect opportunity to review your self-storage facility’s financial position as we move into 2012. For some, this will be used only as a metric to gauge your facility’s financial progression or regression. For others, budget planning is imperative for your ...More
January 11, 2012
Posted in Blog, Management
A New Pricing Regime in Self-Storage: Using Revenue-Management Tools to Increase Profit

Many self-storage operators adhere to an outdated financial system in which their unit prices always stay the same, regardless of the situation. Those operators could increase their revenue and profit by using a couple of simple techniques proven to work across all facility ...More
December 3, 2011
Posted in Articles, Finance, Management
When, How Much to Raise Rent? Self-Storage Talk Provides Answers, Ideas

Managers and operators don't mind lending their insight and opinions about raising rent, and they're doing it right now on a discussion thread and poll on Self-Storage Talk. ...More
February 14, 2011 By John Carlisle
Posted in Blog, Management
Going to Market: Long-Range Planning Helps Self-Storage Sellers Build Value Prior to Sale

Self-storage operators who intend to list a self-storage facility for sale in the near future, should follow these guidelines to help them prepare for the transaction and build more value into their asset. ...More
December 17, 2010
Posted in Articles, Management, Real Estate
Self-Storage Customer Privacy and Policies

Where do we draw the line between privacy and customer service? It seems self-storage managers struggle with this issue almost daily. ...More
December 1, 2010 By Gina Kudo
Posted in Blog, Legal Issues, Management
Devon Self Storage Releases Operations Update for Third Quarter of 2010

Devon Self Storage released an operations update covering the company’s performance during the third quarter of 2010 in its quarterly newsletter. ...More
November 4, 2010
Posted in News

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