Client Testimony
Storage Express: "We knew nothing about the self-storage business and needed help on everything. Self StorageWorks was there for us every step of the way, providing feasibility studies, design, marketing plans and training that enabled us to lease up our first site in Lancaster, CA in just 14 months. This facility has performed so well that with the help of Self StorageWorks, we have opened asecond facility in Palmdale, CA and the company is now leasing an average of 14,000 feet per month."
Rob Martin, Martin Properties, Inc., Westlake Village, CA.
| The Value of Rent Increases |
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Self-storage managers and management teams generally hate rent increases. This is for several reasons: 1) They don’t have a plan to handle the increase; 2) They don’t want to deal with the unpleasantness of displeased customers; and 3) they don’t believe they benefit. But the lifeblood of a storage business is its revenue stream. Expenses evolve year after year. If an operator fails to outpace operating costs with income, his facility falls behind financially. Read More... |
The Value of Rent Increases
Industry News and Information The Value of Rent Increases