self-storage financial »
Beat the clock: Last minute tax tips for facility owners
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
Read More »How to raise rates without losing face
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
Read More »9 questions with self-storage capital advisor Noel Cain
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
Read More »What you should expect from a self-storage broker
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
Read More »How overlooking expenses costs more than you think
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
Read More »6 tips for using your credit card wisely
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,
Read More »6 ways to maximize self-storage revenue
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
Read More »Should you replace your self-storage facility’s roof?
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
Read More »How cost segregation can save you money
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
Read More »7 tips for finding the perfect loan for your self-storage business
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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