The Best Way to Handle Tenant Delinquencies

In a perfect world, tenant delinquencies would not exist. As a self storage owner, you would never have to make collections a part of the daily routine. You wouldn’t have to send payment reminders and educate yourself on self-storage laws relating to collections, to say nothing of your lost sleep because delinquencies are shrinking your ...
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How to Improve the Value of Your Self Storage Property in 2022

To keep your property at its best and ready for potential buyers, keep up with necessary maintenance.
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Pinnacle Storage Properties Proudly Announces the Acquisition of Storage Plus of Arlington

Houston, TX – December 2, 2021 — Pinnacle Storage Properties, based in Katy, Texas, proudly announces the acquisition of an additional Texas self storage property, Storage Plus of Arlington. This represents the 27th addition to date. Storage Plus of Arlington, formerly Arkansas of Green Oaks Self Storage, is located at 330 W. Green Oaks Blvd., ...
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Pinnacle Storage Properties Announces the Sale of 14-Property Portfolio

Pinnacle Storage Properties, based in Katy, Texas, announces the sale of a 14-property portfolio to National Storage Affiliates (NSA), a publicly traded REIT.
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Self Storage Rebounds and Remains Strong Post Pandemic

When the pandemic hit, there were questions about the future of the self storage industry. Instead of the expected decline, self storage saw higher than average growth. Occupancy rates and rents are currently seeing record highs as well as investor interest. To find out more about why self storage remains strong in a post-pandemic world, ...
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Crime Prevention Strategies for Self Storage Operators

As diligently as you work to deter crime, there are no guarantees that you can keep criminals away from your facilities. You certainly don’t have to make it easy for them. Actually, much of the criminal activity can be traced back to the tenants themselves. Due to the unstable economy brought on by the pandemic, ...
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Is a Third-Party Management Company Right for Your Self Storage Business?

People get into the self storage business for good reasons. Self storage provides a stable, predictable income stream, low maintenance, and low operating costs compared to other types of real estate assets. Additionally, self-storage is a historically safe asset class with long-term growth potential. There are, however, varied approaches to operating this type of business. ...
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Eight Key Economic Factors that Affect Self Storage Facility Value

If you’ve found a facility that looks like it would be the perfect acquisition to your portfolio, do you know what the key economic factors are that will affect potential value? Don’t invest your hard-earned money until you’re sure of the potential value of the property. Common indicators of self storage property values emerge from ...
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Defer Taxes on the Sales of Your Self Storage Investment with a 1031 Exchange

When you decide that it’s time to sell your self storage facility or any other commercial real estate investment, can you take your profit, avoid capital gains taxes and escape to a Tuscan villa? Actually, you can make this happen by using an IRS provision called a 1031 exchange. Theoretically, you could sell your facility ...
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