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In today’s inflationary environment, many customers are sensitive about pricing for goods and services, including self-storage. While offering discounts and specials can be an excellent way to entice buyers, you still need to protect your business...
To a self-storage operator attempting to manage expenses, any looming big-ticket item such as a repair, replacement or upgrade can feel like a ticking time bomb. When it comes to these types of capital expenditures (capex), the trick is in the...
An aging self-storage facility can be at a disadvantage when trying to compete against modern sites with more flash and amenities. Here are some simple upgrades you can make to stay relevant and perhaps even improve net operating income.
Economic uncertainty continues to prevail. Among persistent talk of a possible recession, self-storage owners would be wise to scrutinize their business and ask themselves: Am I prepared for a downturn? In this video, industry owner and investor...
The self-storage market may be returning to earth after spending months in the stratosphere, but conditions suggest the landing spot is reminiscent of what’s historically normal. Here’s why refocusing your operation on core fundamentals like...
Self-storage demand continues to be high in most markets, yet many operators aren’t valuing their units the way they should—at least, that’s what facility owner and investor Stacy Rossetti says. According to her, if you haven’t assessed your...
Smart self-storage operators keep their eye on many facility-performance trends, but one that’s always at the top of the list is revenue. The goal is to keep pushing that arrow in the right direction, and this package of Self-Storage Mastery...