Self Storage Income

206: Occupancy vs Revenue Opportunity: My Portfolio’s Performance

Aug 7, 2023
This podcast episode delves into the performance of the self-storage market and addresses concerns about potential regulation. It discusses the impact of technology and rate management on the market, highlighting strategies to increase revenue and occupancy while cautioning against aggressive rent increases. The episode also explores the differences between short-term survival mentality and long-term disadvantage, covering growth in assets, filling unoccupied units, financing challenges, and future rate increases. Finding the right balance between occupancy and revenue in a self-storage portfolio is emphasized, with examples and the speaker's strategy discussed. Analyzing the spread between rent and market rates is underscored as a way to identify risks and opportunities in real estate investments.
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