Self Storage Facility Management

Videos
Watch a Few Now
Events
Find Out Where We Are
Exclusive for REI Groups
Pick What Works For YOU
Self Storage Tips
Articles, Thoughts & K.I.S.S

Welcome to Self Storage Management

Get_Answers_Button Do you already own a facility? Are you looking to purchase a self storage facility but don’t want to run it or really know how? Maybe you are looking for a good management team or have one in place already, but looking for that edge to save money, make money and have the best self storage facility in town!

Typically when visiting a self storage unit facility, you will be greeted by the self storage manager. First impressions are always the BEST! Even if you don’t meet the manager first, chances are that person is very close by or on the facility grounds. The self storage manager has a wide variety of responsibilities to ensure that the self storage facility runs as smoothly as possible and that the facility meets the financial needs of the owner along with the customer service that the renters need.


Affordable – 2 1/2 Intense Days of Education Only Content – No Upsells No Outside Sales	We offer 1-on-1 training, find out more about this unique opportunity to find success in self storage investing.

No strings attached 30 minutes with Kevin to chat about self storage and your future and how we can help.	Check out our Alcatraz Storage facilities in Brownsburg, Fort Wayne and Muncie – Take a tour today!

Kevin’s Korner

MONEY MANAGEMENT OR STAYING AFLOAT

Money management really boils down to two things. How much I have got coming in and how much is going out. Normally we are able to control what’s going out a whole lot easier than what’s coming in. It takes knowledge, experience, planning, discipline and more importantly work. Hard work. [more]

5 ITEMS YOU MUST LOOK AT WHEN BUYING AN EXISTING STORAGE FACILITY

1. CONDITION 2. COMPETITION 3. LOCATION 4. FUTURE GROWTH 5. YOUR DUE DILIGENCE The condition of the facility is the key to the future of this facility. What should you look at? Is it concrete, blacktop or gravel? Cracks that need repaired or sealing, or does it need a layer of gravel added? What condition [more]

AN ATTRACTIVE LOAN PACKAGE: PUTTING IT TOGETHER

First and foremost, a loan package has to fit the lending institution’s appetite. This means it must appeal to the initial underwriter and those that follow. It will need to pass a board’s approval for the final lending authority. A lender looks for a few key items. Good credit, debt service [more]

INCREASE YOUR FACILITY VALUE 8 STEPS YOU CAN DO

Appeal your real estate taxes. Operating expenses: Cut them Make repairs Ancillary revenues Delinquencies Raise rents Expand Be aware of your unit mix Now let’s break down each of the 8 steps from above. Appeal your real estate tax. First, consult with your local taxing authority to find the steps you need to take to get the process started. [more]

••••