self-storage financial »

Beat the clock: Last minute tax tips for facility owners

Beat the clock: Last minute tax tips for facility owners

Beth Mattson-Teig December 14, 2015 0

As the calendar winds down on 2015, thoughts naturally turn to holiday cheer, plans to ring in a new year – and taxes. Now is the time to start getting that financial house in

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How to raise rates without losing face

How to raise rates without losing face

Jay MacDonald October 27, 2015 0

Next to latrine duty, raising rents ranks as the least appealing chore in self storage. But experts insist the sour taste comes not from raising rents itself, but how you go about it. In

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9 questions with self-storage capital advisor Noel Cain

9 questions with self-storage capital advisor Noel Cain

Alexander Harris September 29, 2015 0

Looking for a loan? If you are like most self-storage operators in the business there is a pretty good chance you are at least thinking about refinancing. You may also be one of the

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What you should expect from a self-storage broker

What you should expect from a self-storage broker

Emmet Pierce September 15, 2015 0

The value of your self-storage facility is as high as it’s ever been, and you have decided to sell. Now you face another big decision, choosing which broker is right for you. Here are

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How overlooking expenses costs more than you think

How overlooking expenses costs more than you think

Ben Vestal September 8, 2015 0

This post is an abbreviated version of an article that originally was published in Argus’ Market Monitor newsletter. Now is not the time to ignore operating expenses. Over the past 10 years, I’ve realized

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6 tips for using your credit card wisely

6 tips for using your credit card wisely

Rachel M. Hartman August 30, 2015 0

A business credit card is a must have financial tool for any self-storage facility, but are you getting the most out of your little plastic friend? “The right one can save you money and,

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6 ways to maximize self-storage revenue

6 ways to maximize self-storage revenue

Jay MacDonald August 21, 2015 1

Your units are filled, your rents are stable, your employees are happy and the phone’s ringing off the hook. Your self-storage facility is killing it, right? Maybe not. Complacency, better known as not minding

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Should you replace your self-storage facility’s roof?

Should you replace your self-storage facility’s roof?

Emmet Pierce August 17, 2015 1

Replacing the roof of a self-storage facility can be a costly project, so how do you know when it is the right time to get it done? Signs that your facility needs a new

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How cost segregation can save you money

How cost segregation can save you money

Cynthia J. Drake August 14, 2015 0

As a new self-storage owner who has just purchased your facility, you’ve hired an accountant to help advise you on your financials. You’re all set, right? Actually, if your financial picture stops with your

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7 tips for finding the perfect loan for your self-storage business

7 tips for finding the perfect loan for your self-storage business

Cynthia J. Drake July 27, 2015 3

Need a little cash infusion for your self-storage business? Join the club. According to Chris Rentner, founder and CEO of Akouba Credit, small business loans for less than $250,000 are in demand, yet many

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