State of the Industry Report
A slow economy and declining demand put domestic self-storage to the test. What role will overseas expansion play? Crowded markets and a lagging economy over the past year tested the myth that self-storage is recession-proof. Some stores faired well. Others saw occupancy ...More
January 1, 2003 Amy Campbell
Posted in Articles,
Development,
Finance
Anticipating the Refinance
The fall marks the season when many people focus on time ahead. The kids are back in school, summer vacations are over, and the days are getting shorter. This is the time when I start the house projects I put off over the summer. Have you ever noticed the first 80 percent ...More
November 1, 2002 Neal Gussis
Posted in Articles,
Finance
Automatic Rent Collection
Modern management software can collect your rental revenue automatically, without any action by your employees. The benefits are profound: reduced overhead, accurate auditing, reduced customer costs, increased occupancies and increased rental rates. Once you learn a few ...More
May 1, 2002 Douglas Carner
Posted in Articles,
Finance,
Technology
Noah's G.P. Inc.
Many people bemoan having to "work for a living" and simply dread waking to the alarm at 6:30 a.m. on Monday morning. It is rare to encounter a person who exudes so much passion and excitement about his work it is contagious. But Mike Parham, founder and president of Noah's ...More
February 1, 2002 Jeff Eckols
Posted in Articles,
Development
Why and When to Sell
We have all heard the saying, "Buy low and sell high." But if investing is this easy, why don't we always take advantage of economic cycles, interest rates, locations, etc., and make serious returns every time we sell? Self-storage owners, like those of other real estate ...More
February 1, 2002 Jack Guttman
Posted in Articles
Competitive Pri¢ing
Do you remember back to your college marketing class when your professor taught you about the five P's of marketing? They were product, position, placement, promotion and price. In the self-storage industry, I think we need to add one more P--people. The idea is, if you pay ...More
January 1, 2002 Jeff Kinder
Posted in Articles
Inside Self-Storage Magazine 10/2001: A Comprehensive Marketing Plan
A Comprehensive Marketing PlanWhat you should be doing each day, week, month, quarter and year By Fred Gleeck One of the three biggest mistakes I see made by self-storage operators is not having a comprehensive marketing plan. Over the past several issues, I've shared ...More
October 1, 2001 Fred Gleeck
Posted in Articles
Best in Class
Best in ClassA tribute to small operators By RK Kliebenstein What does it really mean to be No. 1? That your facilities comprise the most square feet? The most units? The most land? The most employees? Are any of these important enough to make you No. 1? I was recently ...More
October 1, 2001 RK Kliebenstein
Posted in Articles
Seven Deadly Sins of Self-Storage
Seven Deadly Sins of Self-StorageAre you really recession-ready? By R.K. Kliebenstein Talk of recession is in the air. Whether you are a seasoned operator or the newest store in lease-up, this has to be a subject of interest. Have you already prepared for an economic ...More
July 1, 2001 R.K. Kliebenstein
Posted in Articles
