Blog / News

Finding the facility is only the beginning. Before you make an offer, you need to answer some critical questions: • What’s really driving the underperformance? • How much upside is actually there?• Are rents below market? • Is occupancy the problem, or operations? • What can be improved in the first 90 days? • Most importantly… does the deal still work after the turnaround plan? Too many buyers focus on the acquisition price. Smart buyers focus on the opportunity after acquis

By Garrett Byrd Storage Authority Franchise What if the self-storage facility that fits your buy box is not perfect? Maybe occupancy is low. Rents are below market. Marketing is weak. Technology is outdated. The property needs work. Or the current owner simply stopped doing the things necessary to maximize the facility's potential. That does not necessarily make it a bad acquisition. It may be the opportunity. The challenge is financing both the acquisition and the turnaround

If you missed us live during our latest session, you can watch the full replay here. Most first-time commercial real estate investors waste dozens of hours analyzing facilities that should have been rejected in under 15 minutes. Without a strict evaluation framework, you risk falling into "analysis paralysis" or, worse, overpaying for an underperforming asset. The secret to acquiring a high-performing property faster isn't reviewing more deals, it's establishing a clear "Buy

By Garrett Byrd Storage Authority Franchise If you’re looking to get into self-storage, ignore the glossy “buy a perfect Class A facility and collect passive income” narrative. That’s institutional territory. The real opportunity for individuals sits in the messy middle: older or under-managed properties where the previous owner left money on the table. Why Value-Add Beats Everything Else for New Entrants Self-storage rewards operators who can improve NOI more than almost any

There is big news for the Kissimmee community! Local Storage Authority owners Jerome and Geraldine are officially bringing a brand-new, state-of-the-art self-storage facility to S Poinciana Boulevard in Kissimmee, FL. We took a walk around the construction site today with Jerome to give you an exclusive behind-the-scenes look at how Building 1 is coming along. What’s Happening On-Site Right Now If you’ve driven down S Poinciana Blvd lately, you’ve likely seen the transformati

Buying an underperforming self-storage facility is one of the fastest ways to build wealth in real estate, if you know exactly what to do the moment you get the keys. Unfortunately, the average new owner takes one to two years to properly figure out and complete the necessary turnaround tasks. In this industry, time is literally money. Every single month your facility underperforms, cash flows straight out of your pocket. What if you could compress that timeline down to just

Did you miss our live June 2026 webinar? Don’t worry, we’ve got you covered. The self-storage industry is experiencing massive structural shifts right now. Between cooling construction pipelines, shifting consumer habits, and a "new normal" for interest rates, the playing field looks completely different than it did a few years ago. If you want to discover exactly how to navigate today's market, you can watch the full replay below. For a quick look at the data-driven insigh

By Garrett Byrd Improving Net Operating Income (NOI) on a 20,000 square foot facility requires a mix of micro-efficiencies and creative revenue streams. Because a 20,000 sq. ft. facility is on the smaller side (often considered a boutique or "mom-and-pop" size), you don't have the massive scale to absorb wasted expenses. Every dollar saved or earned moves the needle significantly. To put this in perspective: at a 7% cap rate, every $10,000 you add to your annual NOI increases