119 episodes
Creating Wealth Through Self Storage Mark Helm - Self Storage
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- Business
Supports investors getting in or growing a self storage business
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How To Analyze a Self-Storage Project With One Single Random Daily Close
Often, we deal directly with a seller when buying self-storage.
Or often, with listed property, we see a shiny OM (offering memorandum) and everything looks great. Then we see the other due diligence documents, and the facility can lose some of its luster.
I have often stated that I could look at a random daily “Management Report” and get a lot of information I need to generate an offer or start negotiating.
Let’s look at one together
**Online Courses at The Quickstart Academy**
https://TheQuickStartAcademy.com/
**Listen on Apple Podcasts**
https://podcasts.apple.com/us/podcast/creating-wealth-through-self-storage/id1588425875
** 5 KPIs we measure**
https://creatingwealththroughselfstorage.lpages.co/top-5-kpi-ebook/
**My blog**
Creating Wealth Through Self Storage
**Facebook**
https://www.facebook.com/markhelmselfstorage/
**Twitter**
Tweets by MarkHelmSelfSt
**The Storage World Analyzer**
http://storageworldanalyzer.com/
**The QuickStart Academy Store**
https://quick-start-academy.myshopify.com -
Creative Self-Storage Solutions – Reducing The Cost of Capital In A Storage Deal
The cost of capital is high today to do a Self-Storage or Boat & RV development today.
Let’s look at a creative way to reduce this cost of capital and perhaps solve another problem for us smaller developers if we are using other people’s money and/or syndicating a deal today.
Let me know your thoughts and other methods you may have used.
**Online Courses at The Quickstart Academy**
https://TheQuickStartAcademy.com/
**Listen on Apple Podcasts**
https://podcasts.apple.com/us/podcast/creating-wealth-through-self-storage/id1588425875
** 5 KPIs we measure**
https://creatingwealththroughselfstorage.lpages.co/top-5-kpi-ebook/
**My blog**
Creating Wealth Through Self Storage
**Facebook**
https://www.facebook.com/markhelmselfstorage/
**Twitter**
Tweets by MarkHelmSelfSt
**The Storage World Analyzer**
http://storageworldanalyzer.com/
**The QuickStart Academy Store**
https://quick-start-academy.myshopify.com -
Is The Self Storage Party Over? Let’s Look at First Quarter 2024 REIT Stats
So, is the decade-long self-storage party over?
Is self-storage still a good place for small investors to go in search of their dreams and goals?
I’ll share what I think after contemplating the data from the big players after Q1-2024.
**Online Courses at The Quickstart Academy**
https://TheQuickStartAcademy.com/
**Listen on Apple Podcasts**
https://podcasts.apple.com/us/podcast/creating-wealth-through-self-storage/id1588425875
** 5 KPIs we measure**
https://creatingwealththroughselfstorage.lpages.co/top-5-kpi-ebook/
**My blog**
Creating Wealth Through Self Storage
**Facebook**
https://www.facebook.com/markhelmselfstorage/
**Twitter**
Tweets by MarkHelmSelfSt
**The Storage World Analyzer**
http://storageworldanalyzer.com/
**The QuickStart Academy Store**
https://quick-start-academy.myshopify.com -
Meet Smitty – President and General Contractor for Resolve
Smitty is my partner in a self-storage company designed to take the small investor through the entitlement process for self-storage projects in an affordable way and then bid on the construction of the project in a competitive environment, ensuring clients get the best value possible.
We feel this is a powerful way, in today’s high-cost environment, to give smaller players a competitive edge and help bring projects online that may otherwise not happen.
Yardi just released Q4 data on the self-storage industry, and development projects are being abandoned at a high rate today.
Let Smitty explain the company’s unique approach to assisting smaller self-store owners and investors with their self-storage development and/or construction projects.
**Online Courses at The Quickstart Academy**
https://TheQuickStartAcademy.com/
**Listen on Apple Podcasts**
https://podcasts.apple.com/us/podcast/creating-wealth-through-self-storage/id1588425875
** 5 KPIs we measure**
https://creatingwealththroughselfstorage.lpages.co/top-5-kpi-ebook/
**My blog**
Creating Wealth Through Self Storage
**Facebook**
https://www.facebook.com/markhelmselfstorage/
**Twitter**
Tweets by MarkHelmSelfSt
**The Storage World Analyzer**
http://storageworldanalyzer.com/
**The QuickStart Academy Store**
https://quick-start-academy.myshopify.com -
Your Self-Storage Team
Self-Storage tends to attract lone wolves who want the freedom and independence this business can offer.
But here’s the deal: no one can be successful by themselves. It takes a village.
Or a team, in this case.
Let’s discuss the basics of who I think are the players on your self-storage team if you are creating a self-storage project.
I have the privilege of scaling a new company (Resolve) with a construction partner helping small storage investors get to biddable plans, then execute self-storage construction using the process and team members I have utilized over the years in my own projects.
Let me share that with you now!
**Online Courses at The Quickstart Academy**
https://TheQuickStartAcademy.com/
**Listen on Apple Podcasts**
https://podcasts.apple.com/us/podcast/creating-wealth-through-self-storage/id1588425875
** 5 KPIs we measure**
https://creatingwealththroughselfstorage.lpages.co/top-5-kpi-ebook/
**My blog**
Creating Wealth Through Self Storage
**Facebook**
https://www.facebook.com/markhelmselfstorage/
**Twitter**
Tweets by MarkHelmSelfSt
**The Storage World Analyzer**
http://storageworldanalyzer.com/
**The QuickStart Academy Store**
https://quick-start-academy.myshopify.com -
My Boat & RV Revelation
I had a few ah-ha moments at the recent Inside Self-Storage Convention (ISS) a few weeks ago.
One of them was about the future of Boat & RV developments as a niche in the storage space.
I heard a statistic that I’ve heard a few times before, but this time, something happened.
I had a revelation and could see it all.
Let me share it with you.
**Online Courses at The Quickstart Academy**
https://TheQuickStartAcademy.com/
**Listen on Apple Podcasts**
https://podcasts.apple.com/us/podcast/creating-wealth-through-self-storage/id1588425875
** 5 KPIs we measure**
https://creatingwealththroughselfstorage.lpages.co/top-5-kpi-ebook/
**My blog**
Creating Wealth Through Self Storage
**Facebook**
https://www.facebook.com/markhelmselfstorage/
**Twitter**
Tweets by MarkHelmSelfSt
**The Storage World Analyzer**
http://storageworldanalyzer.com/
**The QuickStart Academy Store**
https://quick-start-academy.myshopify.com