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Storage Business Opportunities For The Organized Franchisee
For the left-brained, super-organized business professional, the idea of clutter around the workplace or the home is a grim thought indeed, so a welcome idea for a new business opportunity may be a storage business. Storage franchises are much more than just storage rental facilities, there are franchises available for everything from closet systems to garage organization, and for the right entrepreneur with a knack for organization, these franchises can really help you clean up.
Recession Proof Real Estate
They’re often called recession-proof – steady investments that are inexpensive and easy to maintain with consistent profit margins. Not to mention, they’re one area of real estate that seems mostly unaffected, if not helped, by current rough market conditions. They’re storage units and people always need them. And all across the country, with a growing population that provides a constant supply of people in transit and in need of storage, they’re shooting up everywhere. Storage facilities require relatively low building and management costs.

My Five Principles to Success in Self Storage (or any business!)
The central focus of my company is to arm the self-storage investor with the specific tools necessary to identify potential acquisition candidates, to acquire and manage those facilities once they have identified them, to implement sound techniques for creating value, and finally, to capture all of that value through various exit strategies. The process by which all of this can be accomplished rests on five keys that I feel are crucial to success. These keys do not deal with the mechanical processes involved in buying and selling self storage facilities, but are grounded in principles that are fundamental to life itself. These laws deal with the human psyche and govern our thoughts, which in turn, direct our actions. The failure to understand these keys, which have proven to provide the foundation for success, continually result in ma
Introduction to Self Storage Development
Self storage has seen some dramatic changes over the last few decades it has been in existence, especially in the last 15 years. In 1993, there were approximately 21,300 self storage facilities in the United States. Today, that number has more than doubled, with industry experts reporting roughly 60,000 facilities. Those facilities comprise more than 1.7 billion rentable square feet of storage space.

Introduction to Self Storage
Self Storage Association Definition: Self Storage facilities are real property designed and used for the purpose of renting or leasing individual storage spaces to tenants who are to have access to such space for the purpose of storing and removing personal property. They offer rental on a month-to-month basis of individual spaces where customers provide their own lock and have sole access to their space. Today’s typical storage facility may comprise several one or two-story buildings on two to 6 acres of land, or a multiple-story building, containing a carefully designed unit mix of spaces. The units typically range in size from 5X5 to 10X30 feet with 30,000 to 120,000 total rentable square feet of space.

Self Serve Kiosks
To compete in today’s economic environment, many self-storage operators are turning to technology to lure customers to their facilities and provide superior service once they sign on the dotted line. Industry studies show the increasing usage of technology in facilities of all ages. Self-storage operators are employing the Internet for marketing, rental payments and online reservations. Facilities are benefiting from computer-management software, surveillance cameras accessible over the Internet, and digital video recorders.
Looming Commercial Real Estate Crisis offers Huge Opportunities in Self Storage.
With the looming commercial real estate crisis due to distressed debt investors, self storage facilities and other properties that can be converted over to climate controlled self storage are going to be a hot investment in the coming years.
Building a Self Storage Facility
All Across the United States, entrepreneurs are talking about the self storage business. The word is out that investing in the mini storage business can be very profitable. And it’s not just the experienced investors that have their eye on the Self Storage Business prize. With lower building and management costs than virtually all other real estate investments and a failure rate of around 7 percent, the self storage industry is drawing first-time business owners and investors alike.

How I took my Storage Facility From 65% to 95%occupancy in 90 days.
I finally got word of this great business and was referred to someone in my home state of Indiana to talk with about the Industry. Scott Meyers of selfstorageinvesting dot com helped introduce me to the business. He then proceeded to teach me all there was to know on how to analyze and purchase existing self storage facilities. Now here I am a year later with one storage facility under my belt and ready to close my next one.
Self Storage Investing Webinars Can Hold Valuable Tips
Self storage investing can be a difficult industry to get into. As with any real estate investing, it can be overwhelming at first to even begin to learn about all the rules, laws, and regulations that come with owning a self storage property. However, there are several great resources online that can help individuals learn about buying their first self storage property. Besides e-books and white papers about self storage investing, there are also webinars that can be great resources.
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