You Earn Semi-Abstentee Status in Self Storage or You CanBuy It.

Marc Goodin
Dec 21, 2025
2 min read

You Earn Semi-Abstentee Status in Self Storage or You Buy It at a Hefty Cost.

Self-storage is simple and has fewer moving parts compared to most business. For example, fewer employees, no late-night calls for heat or plumbing repairs, no painting new appliances and new carpet when a tenant moves out, and no ordering merchandise daily like restaurants or retail stores, an easy eviction process, etc. The 3 main things that must be done well every day at a premier self-storage is clean, rent units and market. And each must done better than the competition.

How do you buy residual income in self-storage? Simple you hire a management company. When you add in all the extra above the basic monthly management fee you can be paying 10 – 20% of your income. It is money well spent if you don’t have the time or desire to run your business.

But the management fees are only part of the costs. No one is going to work as hard as you too make your facility a premier facility that can charge top dollar. The REIT management companies will treat your facility as a commodity. Their marketing consisting of free month and low rents.

How do you turn self-storage income into semi absentee income? Simple, Step one is you have severalwritten systems and standards in place, use a considerable amount of technology and have exceptional & ongoing training. Part of the system is a detailed high-end sales and marketing system that positions you to rent up fast at premium rates.

Step 2 is the hard part for most owners. Step 2 is knowing all the systems, platforms and technology. This ensures the staff is running the facility as a premier facility and following your procedures and standards. And you can train the next manager.

Storage Authority Franchise makes steps 1 & 2 easy for you. And don’t forget our development systems

The choice is yours. Enjoy

As CEO of Storage Authority Franchising, Marc Goodin shares his passion, expertise, and unconventional wisdom with busy professionals to help them develop their own self storage while they continue their careers. He owns 3 self-storage facilities that he designed, built, and manages. He can be reached at marc@StorageAuthority.com or directly at 860-830-6764 to answer your franchising, development, marketing, sales, and operations questions. His best-selling self-storage books are available at Amazon.