By: Garrett Byrd
Success in self-storage development isn't solely about results; it's about your mindset and approach. Focus on the actions you take rather than obsessing over the outcomes. Dedicate your time, energy, and effort to your goals, and remember that with each "no" you encounter, you're one step closer to a "yes." The right opportunity will come if you persist and keep a positive mindset.
At Storage Authority, we understand that time and resources are precious, and we are here to help you streamline your efforts. In this article, we'll explore key strategies to make your self-storage development journey more efficient and fruitful.
Bi-Weekly Calls with Storage Authority Team: Communication is the cornerstone of any successful venture. Our bi-weekly calls provide a platform to discuss what's working and what's not in your self-storage development projects. It's an opportunity to brainstorm, share insights, and ask for assistance. We are committed to helping you navigate challenges and capitalize on opportunities, so don't hesitate to engage in these valuable discussions.
Running a Notebook on Every Property You Look At: Whether in a digital or hard-copy format, keeping a detailed notebook on each property you evaluate is essential. It allows you to track property specifics, zoning regulations, and other critical details. This organized approach ensures that you have a comprehensive understanding of each potential site, helping you make informed decisions.
Dedicated Time for Finding Land: To succeed in self-storage development, you need to allocate dedicated time for land acquisition. Carve out focused periods—whether it's 2 hours four times a week or 4 hours twice a week—where you concentrate solely on scouting for suitable land. Make this your number one priority and minimize interruptions during these sessions. Remember, time invested in finding the right land is time well spent.
Setting Development Goals: Challenge yourself to set development goals. Make it a goal to submit a completed Storage Authority development worksheet to our team every two weeks, or even strive for one submission per week. This not only ensures steady progress but also keeps you accountable and motivated throughout your self-storage journey.
Know Your Zoning Maps: Zoning regulations can be the make-or-break factor in self-storage development. Save time and frustration by becoming intimately familiar with your local zoning maps. Don't waste valuable hours searching for self-storage opportunities where they are not permitted. Knowledge of zoning maps is like having a map to buried treasure. In our Storage Authority development manual, we have you covered with our guidance to accomplish this efficiently.
You can read more about our development manual here:
*Bonus - Are you spending $132 a month on postage for off-market properties? That's roughly 200 letters (66) parcels (3) letters per parcel. Our high-tech/high-touch philosophy is deployed on all platforms in our system which helps accelerate your self-storage development project's success. Crexie, Loopnet, and Co-Star are great platforms if you like competing with every other buyer.
Do you want to have a 15-minute call to learn how Storage Authority helps improve the systems, sales, marketing, and profits at your existing facility? If you are building from the ground up let's also review how we help you find land and get your facility designed, approved, and built. Please send me an email or call me – no appointment is needed: Garrett@StorageAuthority.com or 941-928-1354
If you would like to learn more and start your journey to self-storage ownership click the link here: http://www.storageauthorityfranchise.com/opportunity2
Your success story begins with Storage Authority!