The July 2023 Self Storage Investing Newsletter

Self Storage University Podcast: Episode 81 - A Tale Of Two Cities

I recently leased two storage units – one in a city of 2.8 million and one in a city of 4,500. And the results perfectly illustrate where the money is in self-storage investing today and where the money definitely is not. And it’s amazing how the tide has turned.

Listen To Episode 81

Why Due Diligence Is Critical Before Investing In Self-Storage - with Jeremiah Boucher

The process of due diligence holds paramount importance when purchasing a property. While a deal may appear promising and receive endorsement from brokers, it is crucial to thoroughly assess whether the value of the property aligns with its price.

Watch The Video

Step-by-Step Guide: Conducting Your First Self-Storage Facility Due Diligence

Before investing in a self-storage facility it's crucial to do your homework and carry out a comprehensive due diligence process before finalizing the purchase of the asset.

Read More

Self Storage University Podcast: Episode 80 - Tips On Wrap Notes

You’ve got bank debt, and you’ve got seller carry – and then there’s the hybrid called a “wrap” note. But what does that mean, how do they work, and what do you have to watch out for? That’s the focus of this Self-Storage University podcast. If you’re looking at alternative financing options in the current interest rate climate, then this topic should be of great interest.

Listen To Episode 80

How To Make An Offer On A Self-Storage Facility with Jeremiah Boucher

To effectively market a storage facility, follow these key strategies: Set up and verify your Google My Business page for better online visibility. Use clear signage with bright colors and QR codes to provide directions and engage potential customers. Create a user-friendly website and streamline reservations with platforms like StoreEdge. Optimize your presence with localized Google ads and encourage positive reviews. Prioritize excellent customer service and implement a referral program. Develop high-quality marketing materials, offer promotions, and highlight safety features. Consider partnering with SpareFoot and explore local media advertising. Learn from successful competitors to establish your facility as a top choice.

Watch The Video