Losing a loved one is never easy. On top of the emotional stress from the immediate loss, there can often quickly be the additional stresses of dealing with settling the estate. If your loved one has left a will, it can make the probate process much easier to navigate. That said, there's still often a lot to handle even if...
Selling the self storage facility is one of the difficult tasks for many owners? But it is also a frequent business for the average self-storage owners. The whole process may be a confusing and frustrating one if you couldn't able to find the right way to sell the property. Taking the right approach to prepare your mind and facility...
Nowadays, self storage business is at busy season around the corner. Do you know that the self storage industry has been the most expanding business nowadays? More number of people are investing in constructing self storage units and selling them. Within the past few years, this industry has shown robust growth. It is said that this business will...
There's long been confusion in the self storage industry in defining what is the difference between "self storage" and "mini storage"? Are they the same? Are they truly different? Does it matter?
Are you thinking about selling your self storage or mini storage facility? If so, there it's important to understand that the process can be very expensive depending on how you choose to go about it. In this post, we'll discuss some of the ways that you can save money when selling your self storage or mini storage facility.
The self storage industry has continued to evolve over the years, but it seems as though that evolution has sped up drastically in the last 5-7 years as technology plays an ever increasing role. There is a push to minimize the human element in storage as much as possible. However, there are still many advantages to having an on-site...
Owning a self storage property can have a lot of perks and provide great income. Sometimes however, it's easy to get caught up in the status quo and leave things on autopilot. If you're considering selling your self storage property, you may be interested in learning how you can increase the value prior to selling? Below we'll talk through a...
It's safe to say none of us have ever seen anything like the Covid-19 epidemic of 2020. It's also likely safe to say that no one (or VERY few) in the Self Storage industry had any contingency plan or operating procedure in place for a situation like this. That said, it's important for all self storage owners to...
It's safe to say, more and more business is driven online everyday. Everyone (including our customers) has access to the internet in a way that they never have before. In fact, almost everyone in the US carries around a mini computer in their pockets (i.e. smartphones) with 24/7 internet access.
If you're interested in either buying or selling self storage, one of the crucial parts of the process that needs to be navigated is what's called Due Diligence. In the world of residential real estate, this isn't really a thing (though there are often physical inspections). In the commercial real estate world, due diligence encompasses the...
