5 Questions Every Self-Storage Property Owner Should Ask Themselves
Achieving Total Property Potential follows the basic principles of any successful business: find ways to boost revenue and limit costs.
Ask yourself these five quick questions to identify your first steps to Total Property Potential.
FREE Storage Resources
Whitepapers, Storage Insights, and Articles to help you grow your self storage business.
STORAGE INSIGHTS
Hiring a third-party management company to oversee your self-storage facility can bring a wealth of benefits, but it's a critical partnership that must be made carefully.
Industry expert, Steve Mirabito, shares the advantages of third-party management, what to expect, and how to choose a storage management firm that will increase your NOI.
Date Published: 7/8/23
Author: Steve Mirabito
Reading Time: 5 minutes
WHITEPAPER
Summer is quickly approaching, so it's once again time to ask yourself whether your self-storage facility is prepared for an influx of unit rentals. Most self-storage facilities experience an uptick in rentals during the second and third quarters of each calendar year. Are you prepared?
Date Published: 5/19/23
Author: StoragePRO Management, Inc.
Reading Time: 10 minutes
WHITEPAPER
In every media outlet, there are speculations that a recession is on the horizon. Given the current economic trajectory, StoragePRO Management has created this white paper to help storage owners minimize expenses, maximize NOI, and remain resilient during a recession.
Date Published: 4/6/23
Author: StoragePRO Management, Inc.
Reading Time: 10 minutes
STORAGE INSIGHTS
For self-storage facility owners, determining compensation packages for their facility managers involves an equation whose factors include but go well beyond monetary compensation.Facility owners should keep in mind all the factors that constitute compensation for their managers and think of compensation as an investment in their employees and thereby in their companies.
Date Published: Dec. 2022
Author: Christina Rita, Chief Operating Officer, StoragePRO Management, Inc.
Reading Time: 6 minutes
STORAGE INSIGHTS
The success of any business depends heavily on the planning process, and that begins with creating and maintaining an accurate and detailed budget. Understanding your revenue and expenses will allow owners to make informed financial decisions and forecast growth. A detailed budget is a valuable tool to determine the health of a business and forces management to think critically about what decisions need to be made to continue growing profitability. It allows owners to set and meet objectives, measure performance manage cash flow and keep you from spending money you don’t have. As with most daunting tasks, knowing where to begin is often the most difficult hurdle to overcome.
Date Published: Oct. 2022
Author: Christina Rita, Chief Operating Officer, StoragePRO Management, Inc.
Reading Time: 5 minutes
ARTICLE
At the end of the day, through StoragePRO Management, Mirabito is committed to keeping the playing field level for independent facility owners. He is adamant that “independents can remain competitive, but they must evolve, adapt, and band together as a group.”
Publication: Mini Storage Messenger
Date: 11/30/22
Author: Erica Shatzer, MSM
Reading Time: 12 minutes
PUBLISHED ARTICLES:
Publication: SSA Magazine
Published Date: June 2023
Author: Mark Wright
Publication: Self-Storage NOW!
Published Date: First Quarter 2023
Author: Erica Shatzer, SSN
Publication: Inside Self Storage Magazine
Published Date: October 2022
Author: Christina Rita, Chief Operating Officer, StoragePRO Management, Inc.
Publication: Inside Self Storage Magazine
Published Date: December 2022
Author: Christina Rita, Chief Operating Officer, StoragePRO Management, Inc.
Publication: SSA Magazine
Published Date: June 2022
Featuring: Christina Rita, Chief Operating Officer, StoragePRO Management, Inc.
Publication: SpareFoot Storage Beat
Published Date: July 13, 2022
Author: Alexander Harris, SpareFoot Storage Beat
PODCASTS
Featuring: Steve Mirabito, Founder and President, StoragePRO Management, Inc.
Available on: Apple Podcasts