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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How Important is Climate-Controlled Self Storage to Owners?

Standard self storage works for most household and business items that you would generally store in your garage or attic. On the other hand, the popularity of storing luxury items, collectibles and antiques has increased the demand for climate-controlled storage.  As a facility owner or manager, it’s important to understand what your tenants expect from ...
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Role of an Operations Manager in a Self Storage Business

Operating a self-storage facility requires first-hand knowledge of how a business works and how operational processes impact the day-to-day functions of your company. Operations managers require skills in the distinct areas of running your self storage business.  An operations manager has to have a fundamental understanding of revenue management, sales, marketing, hiring, lien laws, and ...
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