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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.
Commercial real estate lenders optimistic in 2010
Commercial real estate lenders talked about the coming year and reflect on the past year at the annual Mortgage Bankers Association Convention in Las Vegas. Most conversations about 2009 were brief, and not very uplifting, but the outlook for 2010 was extremely optimistic. Money from Wall Street to Main Street is piling up and poised for investment.
How to be More Effective
This presentation will no doubt help out mangers become a more effective manager and people, which will add to our bottom line. We not only care about our bottom line but we also do many of our trainings on personal development because we feel the more our employees grow as people the more our business will grow.
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.
How to Find, Hire, and Train an Amazing Self Storage Manager
If you are a fortunate business owner then I would suspect you are not doing the day-to-day tasks and delegating those to others who can likely, if trained properly, do the tasks better. Doing so frees up your time for family, friends, or fun.

“How to Make $700,000 Eating Shrimp, Catfish, and Southern Grits”
I love to chronicle my real estate purchases through words as it is my goal to help others achieve great success in real estate. I love to give back because I got started the same way, piggybacking on other’s successes to make it to the top.
People Skills
So many times throughout my life I’ve heard the phrase ‘people skills’ used. What exactly are people skills? Hitting a golf ball for distance and accuracy is a skill. Quilting is a skill. After thinking about it long enough, I think that I would define people skills as having an approachable personality, the ability to listen, knowing how to talk to people, being able to resolve conflicts, and being able to admit mistakes and take responsibility.

Real World Negotiation
I started reaching out to industry professionals, reading everything I could get my hands on, and facing real world situations head on. I also owe a special thank you to my dad for teaching me the art of negotiating at an early age. To this date, it is still one of my most favorite pastimes and it has also helped me in my career

Other self storage investing Related Articles

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.

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.

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.
Technology is So Passé … It’s All About Fashion
We looked at the stuff at CES...at CTIA...at NAB...at all the shows and media coverage. There was an epiphany (gotta love that word). The PC/CE/communications/content industry isn't about technology...it's fashion! It's what's hot...what's not. Notebooks...no netbooks...no smartphones...no ebooks...no tablets. Local storage...centralized storage...personal storage...cloud storage. Your next product, service can be hot, cold, dead in a month. We flip faster than skirts rise and fall. There are no bold , ah ha predictions here but at least you'll know why you change phones, computers (whatever) more often than you change cars. What's it gonna be tomorrow? Don't ask the buying public(s)..invent it!!!! -- borrowed from John Doerr (come on what do you think fashion is? Right creative borrowing!).

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.

Self Storage Feasibility Studies
So you’ve decided to get into the self-storage business by developing your own Self Storage Facility. Well the first step should be to locate a viable parcel of ground to develop. However, many investors find that determining an adequate site is a little more difficult than they imagined, and perhaps, should be done with the aid of an independent third party. Why? Because a feasibility study, conducted by a professional, will provide an in-depth analysis of the location to determine if it is viable for Self-Storage.
Storage -- Worry About It the Day After Tomorrow
We finished this analysis on storage types/applications over the weekend and Apple decided to finally talk about all their new devices and everyone (we mean everyone) jumped on the tablet bandwagon. We'll look at the area shortly but right now we can only say every bit of storage folks can make/ship is being used...then some! Right now let's look at the leading storage offerings -- flash, hard drive, clould (don't let em kid you the cloud is still hard drive). But only you can determine which storage option is best for you in each of your applications -- work in progress, valuable, super valuable, irreplaceable. Weigh the costs/risks and store accordingly. Don't wait till the Day After Tomorrow.

Should `Builders' Avoid Choppy Markets?
Uncertainty has been a part of investing since investing began; and the world is full of people who are always 'waiting to see what the market will do'. Unfortunately for them, it keeps doing the same thing and they never begin investing. The result? Most Americans are unprepared for retirement.

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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