Blog

Self-Storage: Let’s Talk Conventions

Whether you’re considering purchasing a self-storage business or you’re already an owner, investing in attending a convention is an important annual priority. Conventions provide many opportunities to business owners. Three important reasons to attend a convention are to: Sharpen your skills as a business owner and/or manager. Connect/network with other business owners and influencers in the self-storage market. Learn about what’s new. It’s easy to think you need to always […]

Self Storage: Free Marketing Hidden Gems

Google Business Listing NextDoor Business blog page LinkedIn content According to sparefoot.com, there are over 49,000 self-storage businesses in operation today. Current statistics indicate that 13.6 million American households utilize self-storage for their belongings. Many self-storage businesses operate at or near capacity. That’s all fantastic, right? If your business is a little less full, we are going to visit some important and free hidden gems for you to market your […]

Manageable Hurricane Prep

Two things to tackle each month to stay hurricane ready June 1 marks the start of hurricane season for those working and living along the gulf coast. As a business owner or property manager, a lot of your time is likely spent preparing for hurricane season or for a specific storm when it heads your direction. In a special blog series, we are going to tackle hurricane prep in 6 […]

Three Property Management Trends in 2021

If 2020 taught business owners anything, it’s that they always have to be innovative. Maybe you’ve seen the “Friends” episode where Ross is trying to get a couch moved up a narrow stairwell. He keeps shouting “pivot, pivot,” with every turn. Well, 2020 was the year of the pivot. Every business had to pivot their operations to accommodate a rapidly changing set of rules and restrictions. It challenged all business […]

Four Easy, Free Ways to Market Your Self-Storage and Why It’s Needed

Whether you’re an owner/operator or a savvy, self-storage manager, keeping your property fully-leased is the goal. Even though most American self-storage businesses stay close to 90% full, it is important to leverage free marketing to keep it that way. Let’s take a look at four easy and free ways to market your business. You can incorporate one or all of them into your marketing strategy today. Facebook business profile Instagram […]

Retaining commercial tenants in challenging times

As a property owner or manager, you have a lot of tasks. One of the most important tasks is keeping tenants happy for retention. It’s often much easier to retain great tenants than to work at finding new ones. The past year has presented many challenges to small businesses. As a result, tenant turnover may be an issue you face now or in the near future. Let’s cover 5 ways […]

Preparing to Sell Your Self-Storage Business

The sale of your self-storage business requires the same thoughtful attention to detail as when you acquired it. Originally, you considered the physical assets, number of units, amenities, and income potential. These items are still important to consider; however, determining the property’s value is where this process begins. Property Value Start your sale process by determining your net operating income. Your net operating income will determine the value of your […]

Mistakes a Property Manager Avoids

Whether you are new to property ownership or a seasoned professional, there is generally one goal. That goal is to generate income on the property. In order to do that, the place to start is with an experienced property manager. A property manager can make or break your financial situation in very little time if they are making mistakes. Let’s look at 6 simple mistakes to avoid. Property Management Agreement […]

Start the Year With a Preventive Maintenance Calendar

As a property owner, you pay close attention to your income and assets. An annual preventive maintenance schedule helps you protect both. Any time of year is a good time to start if you don’t already have a schedule set. Since it is a new year now, we will discuss setting it up on a calendar-year basis. Starting in December, take some time to list out all maintenance needs and […]

Why You Should Consider Facilities Maintenance Software

A property portfolio can be simple or complex. Every property is unique. As a result, each property will have maintenance needs and features to consider on a regular basis. If you own multiple properties, this can quickly become a bigger task to manage than anticipated. Facilities maintenance software is a great tool to have. How do you find the best one? How do you find one that meets your specific […]