How to Double the Value of a Storage Facility [Keys to the Value Add Strategy]

Welcome back everybody to the Self Storage Income YouTube Channel, I'm your host AJ Osborne.

You hear me talk a lot here in these videos and on the Self Storage Income Podcast about my "value add strategy". But exactly goes into this value add? What are the key metrics that make this strategy such a consistent and such a massive win? How can you take a storage facility and literally be able to double its value?

Well I'm super excited because this is exactly what we're going to jump into in today's video.

There are some keys you need to measure to calculate whether a facility will succeed or not - we're going to cover that.

What are the rates you need to be charging for your storage units? How do you know and how do you figure this out? Why should you charge different rates for the same unit types through dynamic pricing? We're covering ALL of that.

How do you perform competitor analysis and measure a storage market? Yep, it's on the list.

And the big daddy of them all... ultimately how to use these tools and insights to drastically increase the value of a storage facility.

We're going in depth on all these subjects and more in a step by step way that you can apply right now today. Whether you're a current storage facility owner and/or operator, or especially if you're looking to acquire a storage facility, these are insights and tools that you can use for a number applications related to increasing the value of a storage facility. We're talking how to identify your value proposition, how to increase that value, how to identify the right type of customer, and so on.

All of this combined will help you you realize the best possible returns and help you operate your storage facility to the highest possible level.
Thanks for watching everyone! Stay tuned and we'll see you next time!
AJ
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Be sure to go to Selfstorageincome.com to get your copy of my Self Storage Playbook. This step by step playbook walks you through from start to finish - how to identify a self storage market, how to perform due diligence, how contact a current owner, and ultimately how to land a storage facility deal.
https://www.selfstorageincome.com/

You can also find the Self Storage Income Podcast on:
Apple Podcasts - https://podcasts.apple.com/us/podcast/id1482663918
Spotify - https://open.spotify.com/show/4cq4CfjFYknagGeca24g7f
Stitcher - https://www.stitcher.com/podcast/self-storage-income
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My Story:
Before I got involved with self-storage I was stuck on a treadmill. Yes, I made good money, but it was my clients that owned my time and not me. If I wanted to make more money I had to put in more hours. If I stopped working money stopped coming in.

Self Storage changed that for me once and for all. And I want to show how self storage can change that for you too.

Self-storage facilities investments are a quiet but growing sector of commercial real estate. Based on current demographic trends, they’re ready to benefit substantially.

You see, we live in a consumer culture. Americans love to buy stuff. At the same time, the average size of the American home continues to downsize. Which means... people need a place to put all that stuff.

Enter self storage.

At this point, almost 10% of American’s use self storage and the industry has grown to bring in over $20 billion dollars in annual revenue.

I want to show you how to get started in this industry and create true financial freedom.

THIS ISN’T GUESS WORK — IT’S A REPEATABLE MODEL

With over 1.2 million square feet of self storage under management across the United States, we’ve created a scalable model that works.

We seek and purchase under performing facilities. When we overlay our model, we know almost exactly how the asset will perform in any given market. Our strategy has worked in large booming markets as well as extremely small rural areas.

Self Storage Income is where we share that strategy with you.
Thanks everybody!
AJ

Видео How to Double the Value of a Storage Facility [Keys to the Value Add Strategy] канала Self Storage Income