How to Raise Your Rates and Still Keep Your Customers Happy
Like any other consumer, self storage tenants do not enjoy rent increases. People don’t want to pay more, but it’s a fact of life. It’s important to remember that whether you’re renting an apartment, a parking space, an acre of farmland, or a self storage unit, there is no way around increases, especially in the […]
Effective Revenue Management to Maximize Return
Self storage owners/operators wear many hats. They have to understand the fundamentals of sales, marketing, hiring, and lien laws. In addition to that, an operator has to define markets, determine rental rates, choose the best advertising, understand online marketing, and keep expenses reasonable. This all has to be accomplished while closely managing revenue to maximize […]