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RELEASESWEBINARS
For 30 years, Inside Self-Storage (ISS) has provided solutions to the challenges facility owners, operators, managers, investors and developers face in a competitive environment.We cover topics essential to every industry professional: construction, development, investing, real estate, management and operation, international, profit centers, risk management and much more. BUILDING YOUR FIRST SELF-STORAGE FACILITY: UNDERSTANDINGSEE MORE ON INSIDESELFSTORAGE.COM SELF-STORAGE INVESTMENT OUTLOOK 2021: REAL ESTATE ADVISER The 2020 investment market was anything but ordinary, but the impact of the coronavirus and other factors differed by location. To get a solid outlook for what’s ahead for self-storage this year, read the perspectives of several real estate advisers from across the nation. A NEW SELF-STORAGE LEGAL THREAT AMID COVID-19 A New Self-Storage Legal Threat Amid COVID-19: Moratoriums on Lien Sales and Late Fees. A handful of local officials are issuing moratoriums on self-storage lien sales and late fees, which severely impacts a facility operator’s right to take control of units in default. A legal expert weighs in on the consequences to the industryand offers
THE ROLE OF CAP RATES IN SELF-STORAGE FACILITY VALUE This product typically fetches a lower value (higher cap rate) than self-storage. For the sake of easy math, let’s say it generates half your income. The market will bear a 10 percent cap rate on the RV parking and a 5 percent cap rate on self-storage. This means your blended cap rate is 7.5 percent. One broker may astutely make note ofthis
CALCULATING SELF-STORAGE FACILITY VALUE: A PROVEN METHOD To determine the value of a self-storage property, you must understand the income it has already generated and what it will provide moving forward. While appraisers typically value commercial real estate by the income approach, the replacement-value or -cost approach, or the comparable sales approach, this article will focus on the income approach, for this is what motivates buyers almost 6 COMMON MYTHS THAT CAN DERAIL SELF-STORAGE INVESTING Self-storage has been among the most steadily growing U.S. industries for more than 40 years, and its expansion is predicted to continue through the remainder of this decade. Like other business investments, a storage facility can provide an income stream, employment independence, equity INTERPRETING CANADA SELF-STORAGE LAW: EVOLVING LEGAL Self-storage is a globally viable industry because people everywhere love their stuff. They love it so much they stockpile it beyond what their homes and offices can hold, and many turn to self-storage for a solution. But some fail to pay their storage bills, leaving facility operators in a lurch RESUMING SELF-STORAGE LATE FEES AND LIEN SALES DURING Self-Storage Talk Featured Thread: Resuming Late Fees and Lien Sales During COVID-19. May 26, 2020. In the wake of the coronavirus pandemic, self-storage owners and managers quickly jumped into action to modify their sites and operating procedures, not only to keep everyone safe, but to assist employees and customers who are facingfinancial
UNDERSTANDING THE 3 KINDS OF SELF-STORAGE OCCUPANCY RATES Using three separate ways to measure occupancy, self-storage operators can develop a thorough understanding of how their facilities are performing and uncover areas where they need to improve their marketing strategies. INSIDE SELF-STORAGESTOREMAGAZINECALENDARWHITEPAPERSSUBMIT PRESSRELEASESWEBINARS
For 30 years, Inside Self-Storage (ISS) has provided solutions to the challenges facility owners, operators, managers, investors and developers face in a competitive environment.We cover topics essential to every industry professional: construction, development, investing, real estate, management and operation, international, profit centers, risk management and much more. BUILDING YOUR FIRST SELF-STORAGE FACILITY: UNDERSTANDINGSEE MORE ON INSIDESELFSTORAGE.COM SELF-STORAGE INVESTMENT OUTLOOK 2021: REAL ESTATE ADVISER The 2020 investment market was anything but ordinary, but the impact of the coronavirus and other factors differed by location. To get a solid outlook for what’s ahead for self-storage this year, read the perspectives of several real estate advisers from across the nation. A NEW SELF-STORAGE LEGAL THREAT AMID COVID-19 A New Self-Storage Legal Threat Amid COVID-19: Moratoriums on Lien Sales and Late Fees. A handful of local officials are issuing moratoriums on self-storage lien sales and late fees, which severely impacts a facility operator’s right to take control of units in default. A legal expert weighs in on the consequences to the industryand offers
THE ROLE OF CAP RATES IN SELF-STORAGE FACILITY VALUE This product typically fetches a lower value (higher cap rate) than self-storage. For the sake of easy math, let’s say it generates half your income. The market will bear a 10 percent cap rate on the RV parking and a 5 percent cap rate on self-storage. This means your blended cap rate is 7.5 percent. One broker may astutely make note ofthis
CALCULATING SELF-STORAGE FACILITY VALUE: A PROVEN METHOD To determine the value of a self-storage property, you must understand the income it has already generated and what it will provide moving forward. While appraisers typically value commercial real estate by the income approach, the replacement-value or -cost approach, or the comparable sales approach, this article will focus on the income approach, for this is what motivates buyers almost 6 COMMON MYTHS THAT CAN DERAIL SELF-STORAGE INVESTING Self-storage has been among the most steadily growing U.S. industries for more than 40 years, and its expansion is predicted to continue through the remainder of this decade. Like other business investments, a storage facility can provide an income stream, employment independence, equity INTERPRETING CANADA SELF-STORAGE LAW: EVOLVING LEGAL Self-storage is a globally viable industry because people everywhere love their stuff. They love it so much they stockpile it beyond what their homes and offices can hold, and many turn to self-storage for a solution. But some fail to pay their storage bills, leaving facility operators in a lurch RESUMING SELF-STORAGE LATE FEES AND LIEN SALES DURING Self-Storage Talk Featured Thread: Resuming Late Fees and Lien Sales During COVID-19. May 26, 2020. In the wake of the coronavirus pandemic, self-storage owners and managers quickly jumped into action to modify their sites and operating procedures, not only to keep everyone safe, but to assist employees and customers who are facingfinancial
UNDERSTANDING THE 3 KINDS OF SELF-STORAGE OCCUPANCY RATES Using three separate ways to measure occupancy, self-storage operators can develop a thorough understanding of how their facilities are performing and uncover areas where they need to improve their marketing strategies. SELF-STORAGE REAL ESTATE ACQUISITIONS AND SALES: JUNE 2021 1 day ago · Self-storage properties are constantly changing hands, and Inside Self-Storage is regularly notified of these market transactions. Here’s an overview of activity happening in June 2021. A three-property Advantage Storage portfolio in Odessa, Texas, sold. Together, the facilities at 5101 E. 52nd St., 6501 E. Business 20 and 5136 E. University Blvd. comprise 252,506 net rentable square feet in BUILDING YOUR FIRST SELF-STORAGE FACILITY: UNDERSTANDING The goal of any self-storage development should be financial success, and the best way to accomplish that is to carefully plan the basics: site selection, unit mix and layout. To many first-timers, the industry business model is simple: Buy land, build and CAN’T-IGNORE FACTORS TO SELF-STORAGE SITE LAYOUT AND UNIT The initial steps for designing a new self-storage project involve sketching out a site layout, which dictates function and land use, and a unit mix, which addresses market needs and dictates revenue potential. In their creation, consider the following factors. INSIDE SELF-STORAGE COLLECTING DATA FOR THE 2021 TOP Inside Self-Storage (ISS) is now collecting data for its 2021 Top-Operators Lists, which will ultimately identify 100 of the industry's leading facility and brand owners and 50 of the foremost property-management firms based on total net-rentable square footage.Once published, the listings will reveal essential company information including year founded, executive leadership, locationsand
CHANGE IS INEVITABLE FOR TOUCHPOINTS OF THE INSIDE SELF 1 day ago · Major life events have a way of triggering change. With personal and professional lives in upheaval from a global pandemic for more than a year, changes are certainly afoot. It simply comes with the territory. We already know, for example, that some procedural changes self-storage operators have CONSIDERATIONS OF ADDING BOAT/RV STORAGE TO YOUR SELF 1 day ago · When the coronavirus put a halt to most Americans’ vacation plans last year, the sale and rental of RVs and boats skyrocketed. According to the National Marine Manufacturers Association, there was a 75 percent increase in boat sales in Maycompared to the
SELF-STORAGE PLANNING AND ZONING: A FACILITY OWNER'S GUIDE There are many hurdles to building a self-storage facility, and one of the biggest is gaining the approval of the local zoning board. Developers and owners who are well prepared going into the process will have an easier time gaining their boards approval. FINDING YOUR STYLE: 4 APPROACHES TO SALES FOR SELF-STORAGE Being a self-storage manager means being a salesperson, plain and simple. How good you are depends a lot on your personal sales style, and whether it meshes well with your personality. Here are four approaches that may help you rent more units and sell more stuff. INTERPRETING CANADA SELF-STORAGE LAW: EVOLVING LEGAL Self-storage is a globally viable industry because people everywhere love their stuff. They love it so much they stockpile it beyond what their homes and offices can hold, and many turn to self-storage for a solution. But some fail to pay their storage bills, leaving facility operators in a lurch 6 SIGNS SOMEONE IS LIVING IN YOUR SELF-STORAGE UNIT Here are six signs. 1. You see a tenant a lot. You should be suspicious if you notice the tenant on a regular basis and he isn’t moving items in or out of the unit. 2. A tenant asks about electrical outlets in a storage unit. This means he could be seeking to use a heater, microwave oven or other appliances in the unit. INSIDE SELF-STORAGESTOREMAGAZINECALENDARWHITEPAPERSSUBMIT PRESSRELEASESWEBINARS
For 30 years, Inside Self-Storage (ISS) has provided solutions to the challenges facility owners, operators, managers, investors and developers face in a competitive environment.We cover topics essential to every industry professional: construction, development, investing, real estate, management and operation, international, profit centers, risk management and much more. BUILDING YOUR FIRST SELF-STORAGE FACILITY: UNDERSTANDINGSEE MORE ON INSIDESELFSTORAGE.COM SELF-STORAGE INVESTMENT OUTLOOK 2021: REAL ESTATE ADVISER The 2020 investment market was anything but ordinary, but the impact of the coronavirus and other factors differed by location. To get a solid outlook for what’s ahead for self-storage this year, read the perspectives of several real estate advisers from across the nation. A NEW SELF-STORAGE LEGAL THREAT AMID COVID-19 A New Self-Storage Legal Threat Amid COVID-19: Moratoriums on Lien Sales and Late Fees. A handful of local officials are issuing moratoriums on self-storage lien sales and late fees, which severely impacts a facility operator’s right to take control of units in default. A legal expert weighs in on the consequences to the industryand offers
THE ROLE OF CAP RATES IN SELF-STORAGE FACILITY VALUE This product typically fetches a lower value (higher cap rate) than self-storage. For the sake of easy math, let’s say it generates half your income. The market will bear a 10 percent cap rate on the RV parking and a 5 percent cap rate on self-storage. This means your blended cap rate is 7.5 percent. One broker may astutely make note ofthis
CALCULATING SELF-STORAGE FACILITY VALUE: A PROVEN METHOD To determine the value of a self-storage property, you must understand the income it has already generated and what it will provide moving forward. While appraisers typically value commercial real estate by the income approach, the replacement-value or -cost approach, or the comparable sales approach, this article will focus on the income approach, for this is what motivates buyers almost 6 COMMON MYTHS THAT CAN DERAIL SELF-STORAGE INVESTING Self-storage has been among the most steadily growing U.S. industries for more than 40 years, and its expansion is predicted to continue through the remainder of this decade. Like other business investments, a storage facility can provide an income stream, employment independence, equity INTERPRETING CANADA SELF-STORAGE LAW: EVOLVING LEGAL Self-storage is a globally viable industry because people everywhere love their stuff. They love it so much they stockpile it beyond what their homes and offices can hold, and many turn to self-storage for a solution. But some fail to pay their storage bills, leaving facility operators in a lurch RESUMING SELF-STORAGE LATE FEES AND LIEN SALES DURING Self-Storage Talk Featured Thread: Resuming Late Fees and Lien Sales During COVID-19. May 26, 2020. In the wake of the coronavirus pandemic, self-storage owners and managers quickly jumped into action to modify their sites and operating procedures, not only to keep everyone safe, but to assist employees and customers who are facingfinancial
UNDERSTANDING THE 3 KINDS OF SELF-STORAGE OCCUPANCY RATES Using three separate ways to measure occupancy, self-storage operators can develop a thorough understanding of how their facilities are performing and uncover areas where they need to improve their marketing strategies. INSIDE SELF-STORAGESTOREMAGAZINECALENDARWHITEPAPERSSUBMIT PRESSRELEASESWEBINARS
For 30 years, Inside Self-Storage (ISS) has provided solutions to the challenges facility owners, operators, managers, investors and developers face in a competitive environment.We cover topics essential to every industry professional: construction, development, investing, real estate, management and operation, international, profit centers, risk management and much more. BUILDING YOUR FIRST SELF-STORAGE FACILITY: UNDERSTANDINGSEE MORE ON INSIDESELFSTORAGE.COM SELF-STORAGE INVESTMENT OUTLOOK 2021: REAL ESTATE ADVISER The 2020 investment market was anything but ordinary, but the impact of the coronavirus and other factors differed by location. To get a solid outlook for what’s ahead for self-storage this year, read the perspectives of several real estate advisers from across the nation. A NEW SELF-STORAGE LEGAL THREAT AMID COVID-19 A New Self-Storage Legal Threat Amid COVID-19: Moratoriums on Lien Sales and Late Fees. A handful of local officials are issuing moratoriums on self-storage lien sales and late fees, which severely impacts a facility operator’s right to take control of units in default. A legal expert weighs in on the consequences to the industryand offers
THE ROLE OF CAP RATES IN SELF-STORAGE FACILITY VALUE This product typically fetches a lower value (higher cap rate) than self-storage. For the sake of easy math, let’s say it generates half your income. The market will bear a 10 percent cap rate on the RV parking and a 5 percent cap rate on self-storage. This means your blended cap rate is 7.5 percent. One broker may astutely make note ofthis
CALCULATING SELF-STORAGE FACILITY VALUE: A PROVEN METHOD To determine the value of a self-storage property, you must understand the income it has already generated and what it will provide moving forward. While appraisers typically value commercial real estate by the income approach, the replacement-value or -cost approach, or the comparable sales approach, this article will focus on the income approach, for this is what motivates buyers almost 6 COMMON MYTHS THAT CAN DERAIL SELF-STORAGE INVESTING Self-storage has been among the most steadily growing U.S. industries for more than 40 years, and its expansion is predicted to continue through the remainder of this decade. Like other business investments, a storage facility can provide an income stream, employment independence, equity INTERPRETING CANADA SELF-STORAGE LAW: EVOLVING LEGAL Self-storage is a globally viable industry because people everywhere love their stuff. They love it so much they stockpile it beyond what their homes and offices can hold, and many turn to self-storage for a solution. But some fail to pay their storage bills, leaving facility operators in a lurch RESUMING SELF-STORAGE LATE FEES AND LIEN SALES DURING Self-Storage Talk Featured Thread: Resuming Late Fees and Lien Sales During COVID-19. May 26, 2020. In the wake of the coronavirus pandemic, self-storage owners and managers quickly jumped into action to modify their sites and operating procedures, not only to keep everyone safe, but to assist employees and customers who are facingfinancial
UNDERSTANDING THE 3 KINDS OF SELF-STORAGE OCCUPANCY RATES Using three separate ways to measure occupancy, self-storage operators can develop a thorough understanding of how their facilities are performing and uncover areas where they need to improve their marketing strategies. SELF-STORAGE REAL ESTATE ACQUISITIONS AND SALES: JUNE 2021 1 day ago · Self-storage properties are constantly changing hands, and Inside Self-Storage is regularly notified of these market transactions. Here’s an overview of activity happening in June 2021. A three-property Advantage Storage portfolio in Odessa, Texas, sold. Together, the facilities at 5101 E. 52nd St., 6501 E. Business 20 and 5136 E. University Blvd. comprise 252,506 net rentable square feet in BUILDING YOUR FIRST SELF-STORAGE FACILITY: UNDERSTANDING The goal of any self-storage development should be financial success, and the best way to accomplish that is to carefully plan the basics: site selection, unit mix and layout. To many first-timers, the industry business model is simple: Buy land, build and CAN’T-IGNORE FACTORS TO SELF-STORAGE SITE LAYOUT AND UNIT The initial steps for designing a new self-storage project involve sketching out a site layout, which dictates function and land use, and a unit mix, which addresses market needs and dictates revenue potential. In their creation, consider the following factors. INSIDE SELF-STORAGE COLLECTING DATA FOR THE 2021 TOP Inside Self-Storage (ISS) is now collecting data for its 2021 Top-Operators Lists, which will ultimately identify 100 of the industry's leading facility and brand owners and 50 of the foremost property-management firms based on total net-rentable square footage.Once published, the listings will reveal essential company information including year founded, executive leadership, locationsand
CHANGE IS INEVITABLE FOR TOUCHPOINTS OF THE INSIDE SELF 22 hours ago · Major life events have a way of triggering change. With personal and professional lives in upheaval from a global pandemic for more than a year, changes are certainly afoot. It simply comes with the territory. We already know, for example, that some procedural changes self-storage operators have CONSIDERATIONS OF ADDING BOAT/RV STORAGE TO YOUR SELF 1 day ago · When the coronavirus put a halt to most Americans’ vacation plans last year, the sale and rental of RVs and boats skyrocketed. According to the National Marine Manufacturers Association, there was a 75 percent increase in boat sales in Maycompared to the
SELF-STORAGE PLANNING AND ZONING: A FACILITY OWNER'S GUIDE There are many hurdles to building a self-storage facility, and one of the biggest is gaining the approval of the local zoning board. Developers and owners who are well prepared going into the process will have an easier time gaining their boards approval. FINDING YOUR STYLE: 4 APPROACHES TO SALES FOR SELF-STORAGE Being a self-storage manager means being a salesperson, plain and simple. How good you are depends a lot on your personal sales style, and whether it meshes well with your personality. Here are four approaches that may help you rent more units and sell more stuff. INTERPRETING CANADA SELF-STORAGE LAW: EVOLVING LEGAL Self-storage is a globally viable industry because people everywhere love their stuff. They love it so much they stockpile it beyond what their homes and offices can hold, and many turn to self-storage for a solution. But some fail to pay their storage bills, leaving facility operators in a lurch 6 SIGNS SOMEONE IS LIVING IN YOUR SELF-STORAGE UNIT Here are six signs. 1. You see a tenant a lot. You should be suspicious if you notice the tenant on a regular basis and he isn’t moving items in or out of the unit. 2. A tenant asks about electrical outlets in a storage unit. This means he could be seeking to use a heater, microwave oven or other appliances in the unit. INSIDE SELF-STORAGESTOREMAGAZINECALENDARWHITEPAPERSSUBMIT PRESSRELEASESWEBINARS
For 30 years, Inside Self-Storage (ISS) has provided solutions to the challenges facility owners, operators, managers, investors and developers face in a competitive environment.We cover topics essential to every industry professional: construction, development, investing, real estate, management and operation, international, profit centers, risk management and much more. CHANGE IS INEVITABLE FOR TOUCHPOINTS OF THE INSIDE SELF 2 hours ago · Major life events have a way of triggering change. With personal and professional lives in upheaval from a global pandemic for more than a year, changes are certainly afoot. It simply comes with the territory. We already know, for example, that some procedural changes self-storage operators have SELF-STORAGE INVESTMENT OUTLOOK 2021: REAL ESTATE ADVISER The 2020 investment market was anything but ordinary, but the impact of the coronavirus and other factors differed by location. To get a solid outlook for what’s ahead for self-storage this year, read the perspectives of several real estate advisers from across the nation. A NEW SELF-STORAGE LEGAL THREAT AMID COVID-19 A New Self-Storage Legal Threat Amid COVID-19: Moratoriums on Lien Sales and Late Fees. A handful of local officials are issuing moratoriums on self-storage lien sales and late fees, which severely impacts a facility operator’s right to take control of units in default. A legal expert weighs in on the consequences to the industryand offers
6 COMMON MYTHS THAT CAN DERAIL SELF-STORAGE INVESTING Self-storage has been among the most steadily growing U.S. industries for more than 40 years, and its expansion is predicted to continue through the remainder of this decade. Like other business investments, a storage facility can provide an income stream, employment independence, equity CALCULATING SELF-STORAGE FACILITY VALUE: A PROVEN METHOD To determine the value of a self-storage property, you must understand the income it has already generated and what it will provide moving forward. While appraisers typically value commercial real estate by the income approach, the replacement-value or -cost approach, or the comparable sales approach, this article will focus on the income approach, for this is what motivates buyers almost RESUMING SELF-STORAGE LATE FEES AND LIEN SALES DURING Self-Storage Talk Featured Thread: Resuming Late Fees and Lien Sales During COVID-19. May 26, 2020. In the wake of the coronavirus pandemic, self-storage owners and managers quickly jumped into action to modify their sites and operating procedures, not only to keep everyone safe, but to assist employees and customers who are facingfinancial
THE ROLE OF CAP RATES IN SELF-STORAGE FACILITY VALUE This product typically fetches a lower value (higher cap rate) than self-storage. For the sake of easy math, let’s say it generates half your income. The market will bear a 10 percent cap rate on the RV parking and a 5 percent cap rate on self-storage. This means your blended cap rate is 7.5 percent. One broker may astutely make note ofthis
FEASIBILITY CONSIDERATIONS FOR BUILDING BOAT/RV SELF Unit Mix Considerations. When building enclosed vehicle storage, Lindau suggests constructing 70 percent to 80 percent of the unit mix for class-B and -C motorhomes and pull-behind campers, boats and commercial clients. “These would be 12-by-30 units to 12-by-40 units, with 14-foot-high doors, which can handle those,” he says. THE FINE POINTS OF BOAT/RV STORAGE The Fine Points of Boat/RV Storage. Oct 01, 2005. As RV and boat storage develops an identity independent of traditional self-storage, its important for developers to educate themselves on the design and construction issues specific to this exciting product. Sit down at a design kick-off meeting, and several hot topics are sure to surface INSIDE SELF-STORAGESTOREMAGAZINECALENDARWHITEPAPERSSUBMIT PRESSRELEASESWEBINARS
For 30 years, Inside Self-Storage (ISS) has provided solutions to the challenges facility owners, operators, managers, investors and developers face in a competitive environment.We cover topics essential to every industry professional: construction, development, investing, real estate, management and operation, international, profit centers, risk management and much more. CHANGE IS INEVITABLE FOR TOUCHPOINTS OF THE INSIDE SELF 2 hours ago · Major life events have a way of triggering change. With personal and professional lives in upheaval from a global pandemic for more than a year, changes are certainly afoot. It simply comes with the territory. We already know, for example, that some procedural changes self-storage operators have SELF-STORAGE INVESTMENT OUTLOOK 2021: REAL ESTATE ADVISER The 2020 investment market was anything but ordinary, but the impact of the coronavirus and other factors differed by location. To get a solid outlook for what’s ahead for self-storage this year, read the perspectives of several real estate advisers from across the nation. A NEW SELF-STORAGE LEGAL THREAT AMID COVID-19 A New Self-Storage Legal Threat Amid COVID-19: Moratoriums on Lien Sales and Late Fees. A handful of local officials are issuing moratoriums on self-storage lien sales and late fees, which severely impacts a facility operator’s right to take control of units in default. A legal expert weighs in on the consequences to the industryand offers
6 COMMON MYTHS THAT CAN DERAIL SELF-STORAGE INVESTING Self-storage has been among the most steadily growing U.S. industries for more than 40 years, and its expansion is predicted to continue through the remainder of this decade. Like other business investments, a storage facility can provide an income stream, employment independence, equity CALCULATING SELF-STORAGE FACILITY VALUE: A PROVEN METHOD To determine the value of a self-storage property, you must understand the income it has already generated and what it will provide moving forward. While appraisers typically value commercial real estate by the income approach, the replacement-value or -cost approach, or the comparable sales approach, this article will focus on the income approach, for this is what motivates buyers almost RESUMING SELF-STORAGE LATE FEES AND LIEN SALES DURING Self-Storage Talk Featured Thread: Resuming Late Fees and Lien Sales During COVID-19. May 26, 2020. In the wake of the coronavirus pandemic, self-storage owners and managers quickly jumped into action to modify their sites and operating procedures, not only to keep everyone safe, but to assist employees and customers who are facingfinancial
THE ROLE OF CAP RATES IN SELF-STORAGE FACILITY VALUE This product typically fetches a lower value (higher cap rate) than self-storage. For the sake of easy math, let’s say it generates half your income. The market will bear a 10 percent cap rate on the RV parking and a 5 percent cap rate on self-storage. This means your blended cap rate is 7.5 percent. One broker may astutely make note ofthis
FEASIBILITY CONSIDERATIONS FOR BUILDING BOAT/RV SELF Unit Mix Considerations. When building enclosed vehicle storage, Lindau suggests constructing 70 percent to 80 percent of the unit mix for class-B and -C motorhomes and pull-behind campers, boats and commercial clients. “These would be 12-by-30 units to 12-by-40 units, with 14-foot-high doors, which can handle those,” he says. THE FINE POINTS OF BOAT/RV STORAGE The Fine Points of Boat/RV Storage. Oct 01, 2005. As RV and boat storage develops an identity independent of traditional self-storage, its important for developers to educate themselves on the design and construction issues specific to this exciting product. Sit down at a design kick-off meeting, and several hot topics are sure to surface SELF-STORAGE REAL ESTATE ACQUISITIONS AND SALES: JUNE 2021 12 hours ago · Self-storage properties are constantly changing hands, and Inside Self-Storage is regularly notified of these market transactions. Here’s an overview of activity happening in June 2021. A three-property Advantage Storage portfolio in Odessa, Texas, sold. Together, the facilities at 5101 E. 52nd St., 6501 E. Business 20 and 5136 E. University Blvd. comprise 252,506 net rentable square feet in INSIDE SELF-STORAGE COLLECTING DATA FOR THE 2021 TOP 1 day ago · Inside Self-Storage (ISS) is now collecting data for its 2021 Top-Operators Lists, which will ultimately identify 100 of the industry's leading facility and brand owners and 50 of the foremost property-management firms based on total net-rentable square footage.Once published, the listings will reveal essential company information including year founded, executive leadership, locationsand
SELF-STORAGE DEVELOPMENT AND ZONING ACTIVITY: JUNE 2021 The global self-storage development pipeline continues to be extremely dynamic. Inside Self-Storage regularly covers new projects being planned and approved as well as zoning and other municipal issues. Following is activity taking place in June CHANGE IS INEVITABLE FOR TOUCHPOINTS OF THE INSIDE SELF 2 hours ago · Major life events have a way of triggering change. With personal and professional lives in upheaval from a global pandemic for more than a year, changes are certainly afoot. It simply comes with the territory. We already know, for example, that some procedural changes self-storage operators have BUILDING YOUR FIRST SELF-STORAGE FACILITY: UNDERSTANDING The goal of any self-storage development should be financial success, and the best way to accomplish that is to carefully plan the basics: site selection, unit mix and layout. To many first-timers, the industry business model is simple: Buy land, build and CAN’T-IGNORE FACTORS TO SELF-STORAGE SITE LAYOUT AND UNIT The initial steps for designing a new self-storage project involve sketching out a site layout, which dictates function and land use, and a unit mix, which addresses market needs and dictates revenue potential. In their creation, consider the following factors. CONSIDERATIONS OF ADDING BOAT/RV STORAGE TO YOUR SELF 21 hours ago · When the coronavirus put a halt to most Americans’ vacation plans last year, the sale and rental of RVs and boats skyrocketed. According to the National Marine Manufacturers Association, there was a 75 percent increase in boat sales in Maycompared to the
THE ROLE OF CAP RATES IN SELF-STORAGE FACILITY VALUE This product typically fetches a lower value (higher cap rate) than self-storage. For the sake of easy math, let’s say it generates half your income. The market will bear a 10 percent cap rate on the RV parking and a 5 percent cap rate on self-storage. This means your blended cap rate is 7.5 percent. One broker may astutely make note ofthis
MADISON CAPITAL SECURES $75M FOR SELF-STORAGE, MULTI Madison Capital Group LLC, which operates the Go Store It self-storage brand and specializes in converting large retail spaces into multi-family housing and storage space, has partnered with private-equity firm FrontRange Capital Partners to expand its footprint in the Sunbelt. MODERN CRIME PREVENTION STRATEGIES FOR SELF-STORAGE Last summer, a married couple rented a unit at Anonymous Self-Storage in Anywhere, USA; but they had no intention of storing anything in the space. Their sole purpose was to gain rightful access to the property and steal from other tenants. The first time they executed their planwas under the
INSIDE SELF-STORAGESTOREMAGAZINECALENDARWHITEPAPERSSUBMIT PRESSRELEASESWEBINARS
For 30 years, Inside Self-Storage (ISS) has provided solutions to the challenges facility owners, operators, managers, investors and developers face in a competitive environment.We cover topics essential to every industry professional: construction, development, investing, real estate, management and operation, international, profit centers, risk management and much more. BUILDING YOUR FIRST SELF-STORAGE FACILITY: UNDERSTANDINGSEE MORE ON INSIDESELFSTORAGE.COM SELF-STORAGE INVESTMENT OUTLOOK 2021: REAL ESTATE ADVISER The 2020 investment market was anything but ordinary, but the impact of the coronavirus and other factors differed by location. To get a solid outlook for what’s ahead for self-storage this year, read the perspectives of several real estate advisers from across the nation. RESTRICTIVE ORDERS AND SELF-STORAGE DURING COVID-19 With so much happening around the coronavirus pandemic, it’s tough to keep up. As the federal, state and local governments issue orders and restrictions, self-storage operators may need clarification on ambiguous language and mixed messaging. Among the CALCULATING SELF-STORAGE FACILITY VALUE: A PROVEN METHOD To determine the value of a self-storage property, you must understand the income it has already generated and what it will provide moving forward. While appraisers typically value commercial real estate by the income approach, the replacement-value or -cost approach, or the comparable sales approach, this article will focus on the income approach, for this is what motivates buyers almost RESUMING SELF-STORAGE LATE FEES AND LIEN SALES DURING Self-Storage Talk Featured Thread: Resuming Late Fees and Lien Sales During COVID-19. May 26, 2020. In the wake of the coronavirus pandemic, self-storage owners and managers quickly jumped into action to modify their sites and operating procedures, not only to keep everyone safe, but to assist employees and customers who are facingfinancial
GUIDELINES FOR SELF-STORAGE RENT INCREASES: FREQUENCY Timing is critical to the success of a rent increase, especially in todays market. Too much and too often could have your tenants racing to your competitors. On the other hand, youre in business to make money. The key is finding the perfect balance. Before initiating your next round of increases 6 COMMON MYTHS THAT CAN DERAIL SELF-STORAGE INVESTING Self-storage has been among the most steadily growing U.S. industries for more than 40 years, and its expansion is predicted to continue through the remainder of this decade. Like other business investments, a storage facility can provide an income stream, employment independence, equity MAXIMIZING REVENUE FROM BOAT AND RV STORAGE: ATTRACTING While self-storage is a service that appeals to general consumers, boat/RV storage applies to a specialty base. The best way to maximize revenue at a boat/RV-storage operation is to attract a core customerone who will spend the most and stay the longestby meeting or exceeding his expectations for this niche product. INTERPRETING CANADA SELF-STORAGE LAW: EVOLVING LEGAL Self-storage is a globally viable industry because people everywhere love their stuff. They love it so much they stockpile it beyond what their homes and offices can hold, and many turn to self-storage for a solution. But some fail to pay their storage bills, leaving facility operators in a lurch INSIDE SELF-STORAGESTOREMAGAZINECALENDARWHITEPAPERSSUBMIT PRESSRELEASESWEBINARS
For 30 years, Inside Self-Storage (ISS) has provided solutions to the challenges facility owners, operators, managers, investors and developers face in a competitive environment.We cover topics essential to every industry professional: construction, development, investing, real estate, management and operation, international, profit centers, risk management and much more. BUILDING YOUR FIRST SELF-STORAGE FACILITY: UNDERSTANDINGSEE MORE ON INSIDESELFSTORAGE.COM SELF-STORAGE INVESTMENT OUTLOOK 2021: REAL ESTATE ADVISER The 2020 investment market was anything but ordinary, but the impact of the coronavirus and other factors differed by location. To get a solid outlook for what’s ahead for self-storage this year, read the perspectives of several real estate advisers from across the nation. RESTRICTIVE ORDERS AND SELF-STORAGE DURING COVID-19 With so much happening around the coronavirus pandemic, it’s tough to keep up. As the federal, state and local governments issue orders and restrictions, self-storage operators may need clarification on ambiguous language and mixed messaging. Among the CALCULATING SELF-STORAGE FACILITY VALUE: A PROVEN METHOD To determine the value of a self-storage property, you must understand the income it has already generated and what it will provide moving forward. While appraisers typically value commercial real estate by the income approach, the replacement-value or -cost approach, or the comparable sales approach, this article will focus on the income approach, for this is what motivates buyers almost RESUMING SELF-STORAGE LATE FEES AND LIEN SALES DURING Self-Storage Talk Featured Thread: Resuming Late Fees and Lien Sales During COVID-19. May 26, 2020. In the wake of the coronavirus pandemic, self-storage owners and managers quickly jumped into action to modify their sites and operating procedures, not only to keep everyone safe, but to assist employees and customers who are facingfinancial
GUIDELINES FOR SELF-STORAGE RENT INCREASES: FREQUENCY Timing is critical to the success of a rent increase, especially in todays market. Too much and too often could have your tenants racing to your competitors. On the other hand, youre in business to make money. The key is finding the perfect balance. Before initiating your next round of increases 6 COMMON MYTHS THAT CAN DERAIL SELF-STORAGE INVESTING Self-storage has been among the most steadily growing U.S. industries for more than 40 years, and its expansion is predicted to continue through the remainder of this decade. Like other business investments, a storage facility can provide an income stream, employment independence, equity MAXIMIZING REVENUE FROM BOAT AND RV STORAGE: ATTRACTING While self-storage is a service that appeals to general consumers, boat/RV storage applies to a specialty base. The best way to maximize revenue at a boat/RV-storage operation is to attract a core customerone who will spend the most and stay the longestby meeting or exceeding his expectations for this niche product. INTERPRETING CANADA SELF-STORAGE LAW: EVOLVING LEGAL Self-storage is a globally viable industry because people everywhere love their stuff. They love it so much they stockpile it beyond what their homes and offices can hold, and many turn to self-storage for a solution. But some fail to pay their storage bills, leaving facility operators in a lurch SELF-STORAGE REAL ESTATE ACQUISITIONS AND SALES: JUNE 2021 Self-storage properties are constantly changing hands, and Inside Self-Storage is regularly notified of these market transactions. Here’s an overview of activity happening in June 2021. A three-property Advantage Storage portfolio in Odessa, Texas, sold. Together, the facilities at 5101 E. 52nd St., 6501 E. Business 20 and 5136 E. University Blvd. comprise 252,506 net rentable square feet in SELF-STORAGE DEVELOPMENT AND ZONING ACTIVITY: JUNE 2021 The global self-storage development pipeline continues to be extremely dynamic. Inside Self-Storage regularly covers new projects being planned and approved as well as zoning and other municipal issues. Following is activity taking place in June INSIDE SELF-STORAGE COLLECTING DATA FOR THE 2021 TOP 17 hours ago · Inside Self-Storage (ISS) is now collecting data for its 2021 Top-Operators Lists, which will ultimately identify 100 of the industry's leading facility and brand owners and 50 of the foremost property-management firms based on total net-rentable square footage.Once published, the listings will reveal essential company information including year founded, executive leadership, locationsand
BUILDING YOUR FIRST SELF-STORAGE FACILITY: UNDERSTANDING The goal of any self-storage development should be financial success, and the best way to accomplish that is to carefully plan the basics: site selection, unit mix and layout. To many first-timers, the industry business model is simple: Buy land, build and THE ROLE OF CAP RATES IN SELF-STORAGE FACILITY VALUE This product typically fetches a lower value (higher cap rate) than self-storage. For the sake of easy math, let’s say it generates half your income. The market will bear a 10 percent cap rate on the RV parking and a 5 percent cap rate on self-storage. This means your blended cap rate is 7.5 percent. One broker may astutely make note ofthis
CONSIDERATIONS OF ADDING BOAT/RV STORAGE TO YOUR SELF 9 hours ago · When the coronavirus put a halt to most Americans’ vacation plans last year, the sale and rental of RVs and boats skyrocketed. According to the National Marine Manufacturers Association, there was a 75 percent increase in boat sales in Maycompared to the
CAN’T-IGNORE FACTORS TO SELF-STORAGE SITE LAYOUT AND UNIT The initial steps for designing a new self-storage project involve sketching out a site layout, which dictates function and land use, and a unit mix, which addresses market needs and dictates revenue potential. In their creation, consider the following factors. BUILDING YOUR FIRST SELF-STORAGE FACILITY: PLANNING Building a self-storage facility is exciting and stressful, and going through the process for the first time can be daunting. But it can be less so if you enter it with realistic expectations and proper preparation. First-time developers often try to skimp on the planning stage. However, this is a MODERN CRIME PREVENTION STRATEGIES FOR SELF-STORAGE Last summer, a married couple rented a unit at Anonymous Self-Storage in Anywhere, USA; but they had no intention of storing anything in the space. Their sole purpose was to gain rightful access to the property and steal from other tenants. The first time they executed their planwas under the
MAXIMIZING REVENUE FROM BOAT AND RV STORAGE: ATTRACTING While self-storage is a service that appeals to general consumers, boat/RV storage applies to a specialty base. The best way to maximize revenue at a boat/RV-storage operation is to attract a core customerone who will spend the most and stay the longestby meeting or exceeding his expectations for this niche product. INSIDE SELF-STORAGESTOREMAGAZINECALENDARWHITEPAPERSSUBMIT PRESSRELEASESWEBINARS
For 30 years, Inside Self-Storage (ISS) has provided solutions to the challenges facility owners, operators, managers, investors and developers face in a competitive environment.We cover topics essential to every industry professional: construction, development, investing, real estate, management and operation, international, profit centers, risk management and much more. BUILDING YOUR FIRST SELF-STORAGE FACILITY: UNDERSTANDINGSEE MORE ON INSIDESELFSTORAGE.COM RESTRICTIVE ORDERS AND SELF-STORAGE DURING COVID-19 With so much happening around the coronavirus pandemic, it’s tough to keep up. As the federal, state and local governments issue orders and restrictions, self-storage operators may need clarification on ambiguous language and mixed messaging. Among the THE ROLE OF CAP RATES IN SELF-STORAGE FACILITY VALUE This product typically fetches a lower value (higher cap rate) than self-storage. For the sake of easy math, let’s say it generates half your income. The market will bear a 10 percent cap rate on the RV parking and a 5 percent cap rate on self-storage. This means your blended cap rate is 7.5 percent. One broker may astutely make note ofthis
RESUMING SELF-STORAGE LATE FEES AND LIEN SALES DURING Self-Storage Talk Featured Thread: Resuming Late Fees and Lien Sales During COVID-19. May 26, 2020. In the wake of the coronavirus pandemic, self-storage owners and managers quickly jumped into action to modify their sites and operating procedures, not only to keep everyone safe, but to assist employees and customers who are facingfinancial
CALCULATING SELF-STORAGE FACILITY VALUE: A PROVEN METHOD To determine the value of a self-storage property, you must understand the income it has already generated and what it will provide moving forward. While appraisers typically value commercial real estate by the income approach, the replacement-value or -cost approach, or the comparable sales approach, this article will focus on the income approach, for this is what motivates buyers almost SELF-STORAGE FIRM STORABLE ACQUIRES US STORAGE SEARCH Self-Storage Firm Storable Acquires US Storage Search. Feb 08, 2021. Storable, a supplier of varied products and services to the self-storage industry, has added US Storage Search to its family of companies. US Storage Search operates a variety of self-storage platforms, including Storage.com, a facility-aggregation websitefounded in 2010.
6 COMMON MYTHS THAT CAN DERAIL SELF-STORAGE INVESTING Self-storage has been among the most steadily growing U.S. industries for more than 40 years, and its expansion is predicted to continue through the remainder of this decade. Like other business investments, a storage facility can provide an income stream, employment independence, equity A 6-PART FACILITY-PERFORMANCE CHECKLIST FOR SELF-STORAGE Have capital projects been identified? Is there a system in place for facility managers to communicate about maintenance needs? Is there a system to manage maintenance tasks and follow -ups? Is there a basic cleaning schedule? Is there a schedule that outlines which tasks should be handled weekly (cleaning elevators), monthly (testingemergency lights),
INTERPRETING CANADA SELF-STORAGE LAW: EVOLVING LEGAL Self-storage is a globally viable industry because people everywhere love their stuff. They love it so much they stockpile it beyond what their homes and offices can hold, and many turn to self-storage for a solution. But some fail to pay their storage bills, leaving facility operators in a lurch INSIDE SELF-STORAGESTOREMAGAZINECALENDARWHITEPAPERSSUBMIT PRESSRELEASESWEBINARS
For 30 years, Inside Self-Storage (ISS) has provided solutions to the challenges facility owners, operators, managers, investors and developers face in a competitive environment.We cover topics essential to every industry professional: construction, development, investing, real estate, management and operation, international, profit centers, risk management and much more. BUILDING YOUR FIRST SELF-STORAGE FACILITY: UNDERSTANDINGSEE MORE ON INSIDESELFSTORAGE.COM RESTRICTIVE ORDERS AND SELF-STORAGE DURING COVID-19 With so much happening around the coronavirus pandemic, it’s tough to keep up. As the federal, state and local governments issue orders and restrictions, self-storage operators may need clarification on ambiguous language and mixed messaging. Among the THE ROLE OF CAP RATES IN SELF-STORAGE FACILITY VALUE This product typically fetches a lower value (higher cap rate) than self-storage. For the sake of easy math, let’s say it generates half your income. The market will bear a 10 percent cap rate on the RV parking and a 5 percent cap rate on self-storage. This means your blended cap rate is 7.5 percent. One broker may astutely make note ofthis
RESUMING SELF-STORAGE LATE FEES AND LIEN SALES DURING Self-Storage Talk Featured Thread: Resuming Late Fees and Lien Sales During COVID-19. May 26, 2020. In the wake of the coronavirus pandemic, self-storage owners and managers quickly jumped into action to modify their sites and operating procedures, not only to keep everyone safe, but to assist employees and customers who are facingfinancial
CALCULATING SELF-STORAGE FACILITY VALUE: A PROVEN METHOD To determine the value of a self-storage property, you must understand the income it has already generated and what it will provide moving forward. While appraisers typically value commercial real estate by the income approach, the replacement-value or -cost approach, or the comparable sales approach, this article will focus on the income approach, for this is what motivates buyers almost SELF-STORAGE FIRM STORABLE ACQUIRES US STORAGE SEARCH Self-Storage Firm Storable Acquires US Storage Search. Feb 08, 2021. Storable, a supplier of varied products and services to the self-storage industry, has added US Storage Search to its family of companies. US Storage Search operates a variety of self-storage platforms, including Storage.com, a facility-aggregation websitefounded in 2010.
6 COMMON MYTHS THAT CAN DERAIL SELF-STORAGE INVESTING Self-storage has been among the most steadily growing U.S. industries for more than 40 years, and its expansion is predicted to continue through the remainder of this decade. Like other business investments, a storage facility can provide an income stream, employment independence, equity A 6-PART FACILITY-PERFORMANCE CHECKLIST FOR SELF-STORAGE Have capital projects been identified? Is there a system in place for facility managers to communicate about maintenance needs? Is there a system to manage maintenance tasks and follow -ups? Is there a basic cleaning schedule? Is there a schedule that outlines which tasks should be handled weekly (cleaning elevators), monthly (testingemergency lights),
INTERPRETING CANADA SELF-STORAGE LAW: EVOLVING LEGAL Self-storage is a globally viable industry because people everywhere love their stuff. They love it so much they stockpile it beyond what their homes and offices can hold, and many turn to self-storage for a solution. But some fail to pay their storage bills, leaving facility operators in a lurch SELF-STORAGE DEVELOPMENT AND ZONING ACTIVITY: JUNE 2021 The global self-storage development pipeline continues to be extremely dynamic. Inside Self-Storage regularly covers new projects being planned and approved as well as zoning and other municipal issues. Following is activity taking place in June A NEW SELF-STORAGE LEGAL THREAT AMID COVID-19 A New Self-Storage Legal Threat Amid COVID-19: Moratoriums on Lien Sales and Late Fees. A handful of local officials are issuing moratoriums on self-storage lien sales and late fees, which severely impacts a facility operator’s right to take control of units in default. A legal expert weighs in on the consequences to the industryand offers
FINDING YOUR STYLE: 4 APPROACHES TO SALES FOR SELF-STORAGE Being a self-storage manager means being a salesperson, plain and simple. How good you are depends a lot on your personal sales style, and whether it meshes well with your personality. Here are four approaches that may help you rent more units and sell more stuff. BUILDING YOUR FIRST SELF-STORAGE FACILITY: PLANNING Building a self-storage facility is exciting and stressful, and going through the process for the first time can be daunting. But it can be less so if you enter it with realistic expectations and proper preparation. First-time developers often try to skimp on the planning stage. However, this is a CAN’T-IGNORE FACTORS TO SELF-STORAGE SITE LAYOUT AND UNIT 1 day ago · The initial steps for designing a new self-storage project involve sketching out a site layout, which dictates function and land use, and a unit mix, which addresses market needs and dictates revenue potential. In their creation, consider the followingfactors.
HOW MANY SELF-STORAGE PROPERTIES DO YOU REALLY NEED TO 7 hours ago · The definition of “success” is a relative, personal thing. For self-storage owners and investors, it can be based on many factors, but a common question to ask is: How many facilities do I really need to achieve my ambitions? In this video, Jon Griffeth, aka “The Self Storage Guy,” explores MY STORY OF GROWING UP IN THE SELF-STORAGE INDUSTRY I was born and raised in the self-storage industry. My family have been investors, third-party managers and facility operators since the early 1990s, and that has provided me with ample opportunities to learn the business. When I was growing up, my mother was managing one of our facilities in Lufkin MODERN CRIME PREVENTION STRATEGIES FOR SELF-STORAGE Last summer, a married couple rented a unit at Anonymous Self-Storage in Anywhere, USA; but they had no intention of storing anything in the space. Their sole purpose was to gain rightful access to the property and steal from other tenants. The first time they executed their planwas under the
FEASIBILITY CONSIDERATIONS FOR BUILDING BOAT/RV SELF Unit Mix Considerations. When building enclosed vehicle storage, Lindau suggests constructing 70 percent to 80 percent of the unit mix for class-B and -C motorhomes and pull-behind campers, boats and commercial clients. “These would be 12-by-30 units to 12-by-40 units, with 14-foot-high doors, which can handle those,” he says. WHEN A SELF-STORAGE TENANT MAKES THREATENING COMMENTS 1 day ago · We’re living in dangerous times, with public violence and shootings occurring in almost unprecedented numbers. Often, there are red flags before such an incident that a person could be a danger to others—if only someone would listen and take that person’swords or
INSIDE SELF-STORAGESTOREMAGAZINECALENDARWHITEPAPERSSUBMIT PRESSRELEASESWEBINARS
For 30 years, Inside Self-Storage (ISS) has provided solutions to the challenges facility owners, operators, managers, investors and developers face in a competitive environment.We cover topics essential to every industry professional: construction, development, investing, real estate, management and operation, international, profit centers, risk management and much more. NEWS | INSIDE SELF-STORAGE Self-Storage Real Estate Acquisitions and Sales: May 2021. May 26, 2021. Update 5/26/21 – Self-storage properties are constantly changing hands, and Inside Self-Storage is regularly notified of these market transactions. Here’s an overview of additional activity happening in May 2021 BUILDING YOUR FIRST SELF-STORAGE FACILITY: UNDERSTANDINGSEE MORE ON INSIDESELFSTORAGE.COM RESTRICTIVE ORDERS AND SELF-STORAGE DURING COVID-19 With so much happening around the coronavirus pandemic, it’s tough to keep up. As the federal, state and local governments issue orders and restrictions, self-storage operators may need clarification on ambiguous language and mixed messaging. Among theISS SUBSCRIPTIONS
ISS Subscriptions. Published monthly and circulated to 21,000 industry professionals, ISS Magazine is designed to educate self-storage owners, managers, developers and investors. This premier information source has been serving the storage community since 1991. Request a new subscription, renew an existing subscription or get customerservice
RESUMING SELF-STORAGE LATE FEES AND LIEN SALES DURING Self-Storage Talk Featured Thread: Resuming Late Fees and Lien Sales During COVID-19. May 26, 2020. In the wake of the coronavirus pandemic, self-storage owners and managers quickly jumped into action to modify their sites and operating procedures, not only to keep everyone safe, but to assist employees and customers who are facingfinancial
FEASIBILITY CONSIDERATIONS FOR BUILDING BOAT/RV SELF Unit Mix Considerations. When building enclosed vehicle storage, Lindau suggests constructing 70 percent to 80 percent of the unit mix for class-B and -C motorhomes and pull-behind campers, boats and commercial clients. “These would be 12-by-30 units to 12-by-40 units, with 14-foot-high doors, which can handle those,” he says. TENANT DEATH IN SELF-STORAGE: LEGAL OPTIONS FOR FACILITY A Small Estate Affidavit is a sworn document, signed by the family member, stating that the amount of the deceased estate is so low that it’s not going to be probated through the courts. Unfortunately, it’s only available in about 20 states. Once the family member provides the affidavit, the self-storage manager can give him accessto the unit.
HOW TO STRUCTURE A SELF-STORAGE ACQUISITION: 4 WAYS TOSEE MORE ON INSIDESELFSTORAGE.COMANNE BALLARD
An American Perspective of the Asian Self-Storage Market. Feb 05, 2019. After attending the Self Storage Expo Asia in Bangkok, a U.S. self-storage veteran walked away with a fresh perspective on the local industry. Here’s her take on the emerging market’s challenges andachievements.
INSIDE SELF-STORAGESTOREMAGAZINECALENDARWHITEPAPERSSUBMIT PRESSRELEASESWEBINARS
For 30 years, Inside Self-Storage (ISS) has provided solutions to the challenges facility owners, operators, managers, investors and developers face in a competitive environment.We cover topics essential to every industry professional: construction, development, investing, real estate, management and operation, international, profit centers, risk management and much more. NEWS | INSIDE SELF-STORAGE Self-Storage Real Estate Acquisitions and Sales: May 2021. May 26, 2021. Update 5/26/21 – Self-storage properties are constantly changing hands, and Inside Self-Storage is regularly notified of these market transactions. Here’s an overview of additional activity happening in May 2021 BUILDING YOUR FIRST SELF-STORAGE FACILITY: UNDERSTANDINGSEE MORE ON INSIDESELFSTORAGE.COM RESTRICTIVE ORDERS AND SELF-STORAGE DURING COVID-19 With so much happening around the coronavirus pandemic, it’s tough to keep up. As the federal, state and local governments issue orders and restrictions, self-storage operators may need clarification on ambiguous language and mixed messaging. Among theISS SUBSCRIPTIONS
ISS Subscriptions. Published monthly and circulated to 21,000 industry professionals, ISS Magazine is designed to educate self-storage owners, managers, developers and investors. This premier information source has been serving the storage community since 1991. Request a new subscription, renew an existing subscription or get customerservice
RESUMING SELF-STORAGE LATE FEES AND LIEN SALES DURING Self-Storage Talk Featured Thread: Resuming Late Fees and Lien Sales During COVID-19. May 26, 2020. In the wake of the coronavirus pandemic, self-storage owners and managers quickly jumped into action to modify their sites and operating procedures, not only to keep everyone safe, but to assist employees and customers who are facingfinancial
FEASIBILITY CONSIDERATIONS FOR BUILDING BOAT/RV SELF Unit Mix Considerations. When building enclosed vehicle storage, Lindau suggests constructing 70 percent to 80 percent of the unit mix for class-B and -C motorhomes and pull-behind campers, boats and commercial clients. “These would be 12-by-30 units to 12-by-40 units, with 14-foot-high doors, which can handle those,” he says. TENANT DEATH IN SELF-STORAGE: LEGAL OPTIONS FOR FACILITY A Small Estate Affidavit is a sworn document, signed by the family member, stating that the amount of the deceased estate is so low that it’s not going to be probated through the courts. Unfortunately, it’s only available in about 20 states. Once the family member provides the affidavit, the self-storage manager can give him accessto the unit.
HOW TO STRUCTURE A SELF-STORAGE ACQUISITION: 4 WAYS TOSEE MORE ON INSIDESELFSTORAGE.COMANNE BALLARD
An American Perspective of the Asian Self-Storage Market. Feb 05, 2019. After attending the Self Storage Expo Asia in Bangkok, a U.S. self-storage veteran walked away with a fresh perspective on the local industry. Here’s her take on the emerging market’s challenges andachievements.
SELF-STORAGE DEVELOPMENT AND ZONING ACTIVITY: JUNE 2021 The global self-storage development pipeline continues to be extremely dynamic. Inside Self-Storage regularly covers new projects being planned and approved as well as zoning and other municipal issues. Following is activity taking place in June BUILDING BOAT/RV STORAGE: SITE SELECTION, DESIGN, TYPES While an average self-storage project needs three to five acres, a boat/RV-storage site needs seven to 10. Part of why this type of storage is so land-intensive is the drive-aisle space needed to achieve the best and easiest access to the units. RVs and boats can be difficult to maneuver. The more space you can give tenants, the bettertheir
CAN’T-IGNORE FACTORS TO SELF-STORAGE SITE LAYOUT AND UNIT 2 hours ago · The initial steps for designing a new self-storage project involve sketching out a site layout, which dictates function and land use, and a unit mix, which addresses market needs and dictates revenue potential. In their creation, consider the followingfactors.
SELF-STORAGE MARKET ANALYSIS 2021: CHICAGO Statistically, the Chicago area sure looks like a desirable self-storage market for developers, investors and owners. The metropolitan region has one of the largest and most diverse populations in the nation, and one of the lowest self-storage penetration rates (referring to MY STORY OF GROWING UP IN THE SELF-STORAGE INDUSTRY I was born and raised in the self-storage industry. My family have been investors, third-party managers and facility operators since the early 1990s, and that has provided me with ample opportunities to learn the business. When I was growing up, my mother was managing one of our facilities in Lufkin LOOKING TO BUILD YOUR FIRST SELF-STORAGE FACILITY? READ The layout should allow your customers to get into the office without going through the gate. Place the gate keypad so there’s room for a car or truck to pull in and enter a code without blocking the street or sidewalks. Design the driveways to flow throughout the site and exit through that same gate if ADVICE TO HELP SELF-STORAGE OPERATORS SET AND ACHIEVE When people think of goal-setting, the usual aspirations come to mind: Exercise more. Eat healthier. Save money. Get organized. Most know the importance of setting personal and professional objectives, but only about 20 percent ever do. And of those, only 30 percent achieve theiraims! It really
MODERN CRIME PREVENTION STRATEGIES FOR SELF-STORAGE 1 day ago · Last summer, a married couple rented a unit at Anonymous Self-Storage in Anywhere, USA; but they had no intention of storing anything in the space. Their sole purpose was to gain rightful access to the property and steal from other tenants. The first time they executed their plan was under the BUILDING BOAT AND RV STORAGE: CONSIDERATIONS FOR UNIT When laying out a site for boat/RV storage, you’ll need a lot more space than you would for traditional. Aside from the units themselves, clients will need 50-foot or wider driveways to back into their spaces. Consider the length of the RV or boat plus two vehicles (one in front doing the hauling, and possibly one being towed in the rear). WHEN A SELF-STORAGE TENANT MAKES THREATENING COMMENTS 13 hours ago · We’re living in dangerous times, with public violence and shootings occurring in almost unprecedented numbers. Often, there are red flags before such an incident that a person could be a danger to others—if only someone would listen and take thatperson’s words or
INSIDE SELF-STORAGESTOREMAGAZINECALENDARWHITEPAPERSSUBMIT PRESSRELEASESWEBINARS
For 30 years, Inside Self-Storage (ISS) has provided solutions to the challenges facility owners, operators, managers, investors and developers face in a competitive environment.We cover topics essential to every industry professional: construction, development, investing, real estate, management and operation, international, profit centers, risk management and much more. NEWS | INSIDE SELF-STORAGE Self-Storage Real Estate Acquisitions and Sales: May 2021. May 26, 2021. Update 5/26/21 – Self-storage properties are constantly changing hands, and Inside Self-Storage is regularly notified of these market transactions. Here’s an overview of additional activity happening in May 2021 BUILDING YOUR FIRST SELF-STORAGE FACILITY: UNDERSTANDINGSEE MORE ON INSIDESELFSTORAGE.COMISS SUBSCRIPTIONS
ISS Subscriptions. Published monthly and circulated to 21,000 industry professionals, ISS Magazine is designed to educate self-storage owners, managers, developers and investors. This premier information source has been serving the storage community since 1991. Request a new subscription, renew an existing subscription or get customerservice
RESTRICTIVE ORDERS AND SELF-STORAGE DURING COVID-19 With so much happening around the coronavirus pandemic, it’s tough to keep up. As the federal, state and local governments issue orders and restrictions, self-storage operators may need clarification on ambiguous language and mixed messaging. Among the RESUMING SELF-STORAGE LATE FEES AND LIEN SALES DURING Self-Storage Talk Featured Thread: Resuming Late Fees and Lien Sales During COVID-19. May 26, 2020. In the wake of the coronavirus pandemic, self-storage owners and managers quickly jumped into action to modify their sites and operating procedures, not only to keep everyone safe, but to assist employees and customers who are facingfinancial
CALCULATING SELF-STORAGE FACILITY VALUE: A PROVEN METHOD To determine the value of a self-storage property, you must understand the income it has already generated and what it will provide moving forward. While appraisers typically value commercial real estate by the income approach, the replacement-value or -cost approach, or the comparable sales approach, this article will focus on the income approach, for this is what motivates buyers almost HOW TO STRUCTURE A SELF-STORAGE ACQUISITION: 4 WAYS TOSEE MORE ON INSIDESELFSTORAGE.COMBEST SELF WORKBOOKWORKBOOKS SELF HELP TENANT DEATH IN SELF-STORAGE: LEGAL OPTIONS FOR FACILITYSEE MORE ON INSIDESELFSTORAGE.COMANNE BALLARD
An American Perspective of the Asian Self-Storage Market. Feb 05, 2019. After attending the Self Storage Expo Asia in Bangkok, a U.S. self-storage veteran walked away with a fresh perspective on the local industry. Here’s her take on the emerging market’s challenges andachievements.
INSIDE SELF-STORAGESTOREMAGAZINECALENDARWHITEPAPERSSUBMIT PRESSRELEASESWEBINARS
For 30 years, Inside Self-Storage (ISS) has provided solutions to the challenges facility owners, operators, managers, investors and developers face in a competitive environment.We cover topics essential to every industry professional: construction, development, investing, real estate, management and operation, international, profit centers, risk management and much more. NEWS | INSIDE SELF-STORAGE Self-Storage Real Estate Acquisitions and Sales: May 2021. May 26, 2021. Update 5/26/21 – Self-storage properties are constantly changing hands, and Inside Self-Storage is regularly notified of these market transactions. Here’s an overview of additional activity happening in May 2021 BUILDING YOUR FIRST SELF-STORAGE FACILITY: UNDERSTANDINGSEE MORE ON INSIDESELFSTORAGE.COMISS SUBSCRIPTIONS
ISS Subscriptions. Published monthly and circulated to 21,000 industry professionals, ISS Magazine is designed to educate self-storage owners, managers, developers and investors. This premier information source has been serving the storage community since 1991. Request a new subscription, renew an existing subscription or get customerservice
RESTRICTIVE ORDERS AND SELF-STORAGE DURING COVID-19 With so much happening around the coronavirus pandemic, it’s tough to keep up. As the federal, state and local governments issue orders and restrictions, self-storage operators may need clarification on ambiguous language and mixed messaging. Among the RESUMING SELF-STORAGE LATE FEES AND LIEN SALES DURING Self-Storage Talk Featured Thread: Resuming Late Fees and Lien Sales During COVID-19. May 26, 2020. In the wake of the coronavirus pandemic, self-storage owners and managers quickly jumped into action to modify their sites and operating procedures, not only to keep everyone safe, but to assist employees and customers who are facingfinancial
CALCULATING SELF-STORAGE FACILITY VALUE: A PROVEN METHOD To determine the value of a self-storage property, you must understand the income it has already generated and what it will provide moving forward. While appraisers typically value commercial real estate by the income approach, the replacement-value or -cost approach, or the comparable sales approach, this article will focus on the income approach, for this is what motivates buyers almost HOW TO STRUCTURE A SELF-STORAGE ACQUISITION: 4 WAYS TOSEE MORE ON INSIDESELFSTORAGE.COMBEST SELF WORKBOOKWORKBOOKS SELF HELP TENANT DEATH IN SELF-STORAGE: LEGAL OPTIONS FOR FACILITYSEE MORE ON INSIDESELFSTORAGE.COMANNE BALLARD
An American Perspective of the Asian Self-Storage Market. Feb 05, 2019. After attending the Self Storage Expo Asia in Bangkok, a U.S. self-storage veteran walked away with a fresh perspective on the local industry. Here’s her take on the emerging market’s challenges andachievements.
SELF-STORAGE DEVELOPMENT AND ZONING ACTIVITY: JUNE 2021 The global self-storage development pipeline continues to be extremely dynamic. Inside Self-Storage regularly covers new projects being planned and approved as well as zoning and other municipal issues. Following is activity taking place in June SELF-STORAGE MARKET ANALYSIS 2021: CHICAGO Statistically, the Chicago area sure looks like a desirable self-storage market for developers, investors and owners. The metropolitan region has one of the largest and most diverse populations in the nation, and one of the lowest self-storage penetration rates (referring to MY STORY OF GROWING UP IN THE SELF-STORAGE INDUSTRY I was born and raised in the self-storage industry. My family have been investors, third-party managers and facility operators since the early 1990s, and that has provided me with ample opportunities to learn the business. When I was growing up, my mother was managing one of our facilities in Lufkin BUILDING BOAT/RV STORAGE: SITE SELECTION, DESIGN, TYPES According to a March 2015 business-trend report from the Recreational Vehicle Industry Association (RVIA), RV ownership has reached record levels, and demand for manufacturing is at its highest in almost a decade. Similarly, RV storage has been in high demand, and for goodreason: Many of
LOOKING TO BUILD YOUR FIRST SELF-STORAGE FACILITY? READ On paper, self-storage development seems like an easy and profitable way for people to get into business for themselves. The buildings can be the most basic construction available, and there just doesn’t seem to be a downside. In reality, once you get into the process, it’s much more complicated ADVICE TO HELP SELF-STORAGE OPERATORS SET AND ACHIEVE When people think of goal-setting, the usual aspirations come to mind: Exercise more. Eat healthier. Save money. Get organized. Most know the importance of setting personal and professional objectives, but only about 20 percent ever do. And of those, only 30 percent achieve theiraims! It really
MODERN CRIME PREVENTION STRATEGIES FOR SELF-STORAGE 50 minutes ago · Last summer, a married couple rented a unit at Anonymous Self-Storage in Anywhere, USA; but they had no intention of storing anything in the space. Their sole purpose was to gain rightful access to the property and steal from other tenants. The 6 COMMON MYTHS THAT CAN DERAIL SELF-STORAGE INVESTING Self-storage has been among the most steadily growing U.S. industries for more than 40 years, and its expansion is predicted to continue through the remainder of this decade. Like other business investments, a storage facility can provide an income stream, employment independence, equity FEASIBILITY CONSIDERATIONS FOR BUILDING BOAT/RV SELF Across America, boat and RV self-storage is in high demand and short supply. If you’re thinking about filling that need, here are some tips to help you determine site feasibility. Finding an area with sufficient demand is going to be much less of an issue than finding land where the county will UNDERSTANDING THE 3 KINDS OF SELF-STORAGE OCCUPANCY RATES Using three separate ways to measure occupancy, self-storage operators can develop a thorough understanding of how their facilities are performing and uncover areas where they need to improve their marketing strategies. We use cookies to improve your website experience. To learn about our use of cookies and how you can manage your cookie settings, please see our Cookie Policy . By continuing to use the website, you consent to our use of cookies.×
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apprised of developments, resources and advice relating to COVID-19 and the self-storage industry.... read more X
Featured
Self-Storage Is Going Contact-Free in Response to COVID-19, But Is ItLegal?
Jun 05, 2020
Many self-storage operators are offering contact-free services during the coronavirus pandemic, leveraging technology to adhere to government guidelines and offer a safe rental experience. The question is whether this approach alters the legal status of the owner/tenantrelationship.
Food for Thought: Self-Storage Hiring and Retention in Today’s Feast or Famine Employment MarketJun 07, 2020
Though the U.S. unemployment rate is higher than ever, it’s still difficult for self-storage employers to find talented, available candidates. To increase the staffing success rate at your operation, follow these hiring and retention practices. Sales Fail: How to Avoid Pushing Your Self-Storage Walk-Ins Out theDoor
Jun 05, 2020
When it comes to self-storage sales, a walk-in customer is the closest you can get to a “sure thing.” At least, it should be. But there are things some facility managers do (or fail to do) that will easily turn that walk-in into a walk-out. After doing some mystery shopping, an industry newcomer... Security Best Practices to Protect Your Self-Storage Business FromCyber Attack
Jun 03, 2020
Cyber security is critical in today’s digital world, and self-storage operators must protect their data and assets from attack. Learn to keep your business and customers safe through these bestpractices.
Management and Operation Integrating Self-Storage Technology Systems for OperationalImprovement
Jun 06, 2020
Technology can be a blessing and a burden, but integrating disparate systems through your management software can improve self-storage operation and provide peace of mind. How Does Your Self-Storage Operation Stack Up? We’re collecting data for our 2020 Top-Operators Lists. Will your company be on one (or both)? Complete your free listing now! COMPLETEFORM
Recent
Using Role Play to Improve Your Self-Storage Sales Skills andConfidence
Jun 04, 2020
ISS Store Featured Product: Self-Storage Marketing Tactics to ‘Crush Your Competition’Jun 02, 2020
Predicting and Preventing Self-Storage Development DelaysJun 02, 2020
Self-Storage Legal Advice for COVID-19: How to Operate as StatesReopen
Jun 01, 2020
How to Recognize and Combat Self-Storage Manager BurnoutMay
31, 2020
Generating Self-Storage Sales Leads: How to Use Awareness and Conversion CampaignsMay 30, 2020
Applying a Tech-First Service Approach to Improve Your Self-StorageTenant Experience
May 29, 2020
Virtual Format Announced for 2020 Inside Self-Storage World Expo; Live Event Canceled Due to Coronavirus PandemicMay 28, 2020
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ISS Store: Get on-demand insight and education for the self-storage industry. We've got what you need to succeed!education
Self-Storage Talk: Join the industry's largest online community and get answers to your most pressing questions. It's free!Popular
Working From Home During the Coronavirus Pandemic: 6 Tips for Self-Storage ProfessionalsMay 28, 2020
Get Insight to the Self-Storage Impact of COVID-19 From an Owner/Investor and a Financial Life Coach__May 27, 2020
Self-Storage Talk Featured Thread: Resuming Late Fees and Lien SalesDuring COVID-19
May 26, 2020
A Simple Roadmap for Your Next Self-Storage Construction ProjectMay 26, 2020
How to Build an Execute a Self-Storage Referral Program … It’sEasy!
May 25, 2020
Development
The 5 Ws of Self-Storage Feasibility: Who, What, Where, When and WhyJun 08, 2020
A feasibility study is a deep, complex, site-specific tool that helps determine the viability of a self-storage development project. Learnthe...
Inside Self-Storage Releases 2020 Self-Storage Design GalleryJun 03, 2020
Inside Self-Storage (ISS) has published a new online gallery, “A New Level of Self-Storage Sophistication: 2020 Facility-Design Showcase.” The free... Investing and Real Estate Using Due Diligence to Make Smart Self-Storage AcquisitionsMay 27, 2020
As prospects for new development become less favorable, acquiring an existing facility is often an attractive option for self-storage investors. Learn how due diligence helps you analyze potential... Self-Storage in the Era of Social Distance: Adapting Facilities WithTechnology
May 24, 2020
Many self-storage owners are incorporating technology into their operation to accommodate social distancing during COVID-19. Read aboutthe tools...
Movin’ on Up: Self-Storage Manager Career Advice From an IndustryInsider
May 23, 2020
Whether you’re just starting your self-storage career or looking to transition into a better position, there are specific traits youshould possess...
Creating a Successful Retail Store and Program for Your Self-StorageOperation
May 22, 2020
Not only do retail merchandise sales add revenue to your self-storage operation, they can ultimately lead to more unit rentals. Learn how toset up...
ISS Blog
Learning to Love the Mask: Self-Storage Customer Service DuringCOVID-19
May 29, 2020
Wearing a face mask when serving your self-storage customers might feel awkward and like a nuisance, but it adds a layer of protection for everyone during this coronavirus pandemic. Here’s how to... Treading Into the Unknown: Self-Storage Operators Adapt to NewBusiness Reality
May 22, 2020
Community Stewardship: Taking Care of Self-Storage Customers DuringCOVID-19
May 15, 2020
COVID-19 May Test Customer Loyalty … Make Sure Your Self-StorageOperation Can Pass
May 08, 2020
Exceling as a Small Self-Storage Operator Is About Focusing on YourMIT
May 01, 2020
SELF-STORAGE TECHNOLOGY AND MODERNIZATIONSponsored Content
Contactless Self-Storage Rentals With Noke Smart Entry__Jun 01, 2020
Video
Avoiding Bad Attention: Keeping Your Self-Storage Business Out of theNegative News Cycle
Gallery
A New Level of Self-Storage Sophistication: 2020 Facility-DesignShowcase
SOUNDS OF STORAGE PODCAST: REAL ESTATE EXPERT STEVEN WEINSTOCK DISCUSSES COVID-19 AND SELF-STORAGE INVESTINGApr 24, 2020
More
ISS News Desk: The Self-Storage Industry Shifts Focus to a Contact-Free Tenant Experience __May 21, 2020
Finding Clarity: Communicating With Self-Storage Staff and CustomersDuring COVID-19
May 21, 2020
The Art of Self-Storage Valuation: Methods and the Correlation Between Performance and PriceMay 20, 2020
ISS Store Featured Product: Self-Storage Mastery DVDs on RiskManagement
May 19, 2020
For more than 28 years, INSIDE SELF-STORAGE (ISS) has provided solutions to the challenges facility owners, operators, managers, investors and developers face in a competitive environment. We cover topics essential to every industry professional: construction, development, investing, real estate, management and operation, international, profit centers, risk management and much more. The ISS brand includes print publications, e-media, a live event, a discussion forum, and an e-commerce website offering abundant education resources. The family includes ISS magazine, now in print more than 26 years; the ISS World Expo, the industry’s largest conference and tradeshow; Self-Storage Talk, a rich, interactive online community; and the Inside Self-Storage Store, which provides on-demand education and insight for industry professionals. Sign up for the Inside Self-Storage newsletter.Select Country
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