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Get the help you need - Every Step of the way
When we created Self Storage Income, we had one goal in mind - to create an experience for storage investors that provides a solution every step of the way. With our Self Storage Income Services, that vision has become a reality.
Let's be real, investing in self storage is not easy, it's not as passive as you might think, and it's definitely not get rich quick. If you go in and buy a storage facility without having any clue what you are doing, you're putting yourself at a major risk for failure.
Our services are specifically designed so that you don't have to go through any part of the process alone. Whether you are seeking help with underwriting (feasibility studies), increasing rates (revenue management), or just trying to get an overall opinion on how your facility is doing (operations and Q/A audits), we have a solution for you.
We've even created a service (Takeover Day) where our team will literally come out to your facility with you when it's time to close on your deal to take is usually a daunting process to now something you don't have to go through alone.
In other words, if you are faced with a problem in the storage industry, we most likely have something that can help you.
Here's a Breakdown of our Storage Services:
Feasibility Studies
Get your self storage deal underwritten by our dedicated underwriting team. From market demand, competition, and proformas, are feasibility studies give you an objective opinion that you can even use to submit to lenders for financing.
Virtual Assistants
Are you trying to grow your off-market deaflow pipeline but just don't have the time? Our trained virtual assistants will build you your own CRM (Customer Relationship Management) Dashboard and build your list specific to your buy box. Our VA's are trained in self storage so you don't have to spin your wheels training your own.
Takeover Day
Closing on a storage facility is an overwhelming process - especially if it's your first one. Our Takeover Day service ensures that you don't have to go through it alone. Our team will travel out to your facility to help with the transition. We'll handle audits, billing organization, lease reviews, and tenant notices to ensure your new facility launches smoothly and confidently from day one. You'll also have dedicated hours to call our team at any point so we can help streamline your new storage facility takeover!
Competitor Tracking
If you don't know what your competitors are doing, you are guessing when it comes to evaluating your storage business. Our competitor tracking service was built by the same employee who helped AJ grow his portfolio and now we're bringing this service to you. This service was designed for someone looking to buy a storage facility and not having the time or know-how to do a full market analysis on competitive rates and occupancy in that market.
Revenue Management
Go beyond competitor tracking with our full Done For You revenue strategy. We use the data from our competitive tracking and then recommend and implement Revenue Rate Increases (RRI’s), factoring in occupancy, seasonality, and market conditions to maximize your income. This is an ongoing service where we work with you for multiple rental increases throughout the year.
**This service must be paired with competitor tracking in order to implement the revenue strategy
Operations Audit
A comprehensive, expert-led analysis of your self storage facility that identifies inefficiencies, missed revenue, and immediate opportunities for operational improvement. If you have an underperforming facility, our operations audit can help you turn it around!
Quality Assurance Audit
Different from the Operations Audit, the Quality Assurance Audit involves a member of our team traveling onsite to your facility. We'll schedule a time with you to come to get a first-hand look at the true boots on the ground experience of your facility. This service can provide critical insights into what's working (and more importantly, what's not working) so you can ensure you are making the most of your storage investment.
Have more questions?
Schedule a Call with Our Team Today To Determine Which Service is Best for you!