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Posts in Self Storage Investing (4)

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Automation is the future of mini storage. Most facilities already have some level of automation, and an increasing number are fully automated—operating with limited or no staff and relying on automation for everything from security to rentals to door locks.

Before jumping into the discounts-and-specials game, evaluate your occupancy, the phase your business is currently in, the condition of your facility and other factors. Here’s a look at four important things to account for when considering discounts and specials.

It is essential to have multiple strategies in place for the appropriate time to begin increasing your rates to maximize success in the self storage industry.

An operational audit is an examination of how an organization conducts business, with the objective of increasing its efficiency and effectiveness. Other objectives are to understand the risks and responsibilities of your business and find opportunities for improvement.

Bartering (exchanging good or services for other goods or services without using any money) has been used for centuries and predates the use of money. In the self storage industry, bartering (also known as rent exchange) usually involves trading a storage unit for goods and services.

Live chat can improve your customer experience and even serve as a revenue generator for your Self Storage Business. 

According to Forbes, online reviews are the best thing that ever happened to small businesses, including self storage facilities.

Whether you are new to the self storage industry or you are a seasoned veteran, we have a useful list of key points to look for when choosing self storage management software.

Tenant insurance plans are one of the best ancillary products you can provide that will drive your profits. It also helps customers to know that they are responsible for their property. It transfers the risk and some responsibilities to your tenant.

When the modern-day tenant thinks of self storage, the baseline of their expectation includes cleanliness and security.

If you’re going to build a self storage facility, you can’t just build it anywhere. More than ever before, the location of your self storage facility is likely the most consequential decision you’ll have to make. A decision that could determine whether your foray into storage is a success or a failure.

Solar power is becoming more and more commonplace at self-storage facilities due to the many benefits it can help unlock. Here’s a look at things to consider when evaluating if solar power is right for your business — as well as a rundown of the many benefits solar power offers.

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