10/29 Power Hour now Posted

In our October 31st Power Hour session, we really dug into how to maximize value and efficiency in self-storage operations! 🏢💰 We started with deal identification and evaluation, covering platforms like CREXI to find promising properties and discussed why working with brokers outside the self-storage niche can help uncover undervalued deals. From there, we talked about acquisition tactics, including negotiating seller financing and the importance of early operational improvements like security upgrades and tenant insurance requirements. Establishing a local maintenance technician also came up as a key move to keep facilities in top shape. 🔧 We moved into rent strategies, covering how implementing tenant insurance and gradual rent adjustments can drive revenue growth while staying market-aligned 📈. Tech tools like Trello were highlighted to streamline task management and communication, plus we shared ways to standardize operations with checklists and inspections. We wrapped up with a focus on continuous improvement through tracking market trends, optimizing occupancy, and creating long-term value. This session was packed with practical insights to help everyone turn their storage facilities into high-performance, revenue-generating assets! 🚀

Link to the recording is here.

Have a great weekend!!

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