Self Storage Additional Revenue Stream Articles

It's time for man caves!

by Mark Lusky

Football season is upon us, further heightening awareness of the concept of the "man cave." Spouses, siblings and other home inhabitants will ramp up their objections to seemingly endless football marathons and everything that accompanies these events-from belching buddies to high-decibel opinions, observations and profanity.

Long-term rentals guide marketing

by Mark Lusky

A recent Sparefoot blogpost authored by John Egan detailed trends toward longer term self-storage rentals. Self Storage Association study findings identified by Egan included, "46 percent of self-storage customers are long-term renters, up from 38 percent in 2007. Meanwhile, temporary renters now make up 44 percent of the market, down from 54 percent in 2007."

Auctions Drive Marketing & Revenues

by Mark Lusky

Popularity of self-storage auctions is at an all-time high. Jack Ballentine, founder and President of Florida-based Hammer Down Auctions, Inc. notes, "As a self-storage owner or operator, you are well aware your tenant lien process is one of the most volatile parts of your business. Every step of this process must strictly comply with your respective state's lien statutes. If non-payment continues, the end result is a self-storage auction."

President and Founder, Vertical Consultants

by Hugh Odom

Companies looking to install telecom equipment on rooftop space may try to do so inexpensively and will want 24/7 rooftop access. This can negatively impact a building owner.

President and Founder, Vertical Consultants

by Hugh Odom

Hugh Odom reveals what you should know and consider when approached by a company to buy your cell tower lease.

What You Should Know About Cell Tower Ancillary Revenue

by Hugh D. Odom

Hugh Odom, President of Vertical Consultants, details factors affecting cell tower lease value such as market rent and lease buyouts and extensions.

Promote self-storage 'mixed uses' to spur sales

by Mark Lusky

By now, most self-storage operators know about some the more creative uses of space--climate-controlled wine storage being one current favorite. But, in an industry where imaginative uses can often find easy expression, the list of novel uses is growing by leaps and bounds. Those leaps and bounds may present a valuable promotional opportunity for forward-thinking self-storage operators.

Promote self-storage 'mixed uses' to spur sales

by Mark Lusky

By now, most self-storage operators know about some the more creative uses of space--climate-controlled wine storage being one current favorite. But, in an industry where imaginative uses can often find easy expression, the list of novel uses is growing by leaps and bounds. Those leaps and bounds may present a valuable promotional opportunity for forward-thinking self-storage operators.

Retail Product Sales Strategies

by Mark Petro

Most storage operators want to be the best at what they do. Often they hire the best in the industry to develop their business plan. It's interesting, however, that many fail to apply this approach to the sale of retail merchandise at their facilities.

Improving NOI through Auctions

by Chris Hitler

With the increasing popularity of lien sales in the self-storage industry many state selfstorage associations are in the process of modifying their lien law to include internet posting as a form of notice to take advantage of the cost and time-saving benefits. In this article, Chris Hitler, an experienced self-storage owner and broker explains how new internet resources can help to improve the value of your self-storage property by increasing your revenues from lien sales.

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