Mako Steel Blog
Ancillary Self Storage Products That Add To Your Bottom Line
If you have a financial stake in a self storage business, either as a business owner, partner, manager or investor, your goal is obvious: increase self storage profits. Whether you're starting a new self storage business or thinking of expanding your current business, the following self storage profit centers can provide rental and retail sales opportunities that bring welcome self storage ancillary income to your business.
You know you've arrived in life when the Wall Street Journal takes an interest in you! A recent article in the Wall Street Journal discusses the value of Self Storage portfolios and discusses recent transactions that defy the normal rules for investors.
Self Storage for Business is a market segment that should not be overlooked in 2013.
The Self Storage Business continued its growth trend throughout 2012, but will it continue in 2013 and beyond? Conventional wisdom is that the primary markets for self-storage are families moving from one house to another, homeowners that are downsizing or people living in multi-unit housing such as apartments and condos. While the Self Storage Industry has often catered to the business community, it has not always accounted for a significant percentage of Self Storage Facilities' occupancy.
Current Trends Provide Opportunities for the Self Storage Business
Self Storage is one of the few industries that continues to grow despite a tough economic environment. In addition to an expanding market, self-storage business owners are getting creative and finding new ways to expand their businesses and increase revenues. In this article we explore some of the top trends that impact the Self Storage Industry today and how self-storage owners can take advantage of these opportunities.
Hundreds of investors in real estate investment trusts are hunkered down at the Waldorf Astoria, touting tremendous returns and talking tactics for the next great play. It's "REIT Week," in New York, or for those of you less excited about it, it's the annual conference of the National Association of Real Estate Investment Trusts (NAREIT).
With the new year now upon us, many people find themselves looking to the future and trying to figure out how to better take care of themselves and their families over the next year. For some it can mean saving money by cutting down on frivolous purchases. To others it means getting a better job, and for others making smarter investments.