When it comes to financing, an appraisal can be an aid or a death sentence. And with interest rates nearly double from their all-time lows, the modern storage facility appraised value can be a shocker. In this Self-Storage University podcast we're going to review how appraisals work, why they're often bad news, and what you can do to push back in a limited way.
Listen To Episode 156Every real estate sector has to answer the same question at some point: is this a lasting business model, or simply something that works until consumers move on? After more than five decades of growth, multiple recessions, changing technology, and enormous institutional investment, self-storage has answered that question pretty convincingly.
Read MoreThere are a lot of self-storage properties in financial trouble, and certainly more to come. The doubling of interest rates since 2022 and excessive over-building has created a market in which distress is common. In this Self-Storage University podcast we’re going to explore the correct game plan for buying distressed self-storage facilities.
Listen To Episode 155The internet has become such a normal part of self-storage that it is easy to forget how much it has changed the business. Customers now search, compare, reserve, pay, and communicate online, while owners use digital tools to manage pricing, marketing, access, and customer service. For investors, understanding that shift is now part of understanding the property itself.
Read MoreIt’s not uncommon for a self-storage facility owner to manipulate their numbers in hope of deceiving you into paying a higher price that is not justified by the current net income. In this Self-Storage University podcast w
Listen To Episode 154