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Saturday, April 29, 2017
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27

House Passes Class Action Reform Bill

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House Passes Class Action Reform Bill
The United States House of Representatives has passed the Fairness in Class Action Litigation Act of 2017 (H.R. 985) by a 220 to 201 margin.
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| Categories: Legal, Legislative / Regulatory | Tags: Legislative , Class Action , Small Business | Comments: (0) | View Count: (16)
Identifying and Working with Managed Facilities
I recently spoke with John Eisenbarth, the Vice President of Operations for West Coast Self-Storage in Mill Creek, Washington, to get his take on how West Coast goes about finding the right types of storage properties to manage.
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| Categories: Operations | Tags: Third Party Management , Management , Operations | Comments: (0) | View Count: (80)
Smaller Self Storage Operators: Leveraging A Vertical Strategy As Your Marketing and Operations Differentiator
In the self storage industry, it is estimated that approximately 12% of facilities are owned by publicly-traded REITs. The other 88% of facilities are mostly owned by small and mid-sized operators.
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| Categories: Marketing, Operations | Tags: Marketing , Operations , Customer Service | Comments: (0) | View Count: (202)
How to Optimize the Value of Social Media in Your Self Storage Marketing Plan
Social media is crucial to every marketing plan no matter the industry. With more than 2.1 billion people online, you must capitalize on where your audience spends the most time.
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| Categories: Marketing | Tags: Marketing , Social Media , Branding , Creating Content | Comments: (0) | View Count: (179)
The Five Types of Relationships That Made Me Successful in Self Storage
When I walked into the fall Self Storage Association (SSA) trade show in Las Vegas in 1996, I wasn’t an owner yet. I was a broker with an interest in self storage. The atmosphere was electric.
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| Categories: Marketing, Operations, Self Storage Vendors | Tags: Operations , Association , Vendor Partners , REIT , Public Companies , Small Operators , Large Operators | Comments: (0) | View Count: (249)
17

Self Storage Not Wanted!

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Self Storage Not Wanted!
First it was Mayor DeBlazio supporting no self storage development in the Industrial Business Zones in New York. Next came the moratorium in Florida prohibiting self storage development along Highway 41.
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| Categories: Legislative / Regulatory | Tags: Self Storage Development , Government , Opposition | Comments: (0) | View Count: (221)
17

Limitation of Value of Stored Property

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Limitation of Value of Stored Property
On December 17, 2014 an Illinois Circuit court judge ruled that a limitation of value provision in a container storage agreement violates public policy and was not enforceable. The judge’s ruling greatly expanded the mobile storage operator’s potential liability for damages.
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| Categories: Legal, Legislative / Regulatory | Tags: Legislative , Legal , Lien , Rental Agreement , Value of Property | Comments: (0) | View Count: (182)
IRS Warns Businesses to Beware of W-2 Phishing Scam
The Internal Revenue Service has renewed its warning about an email fraud that uses a corporate officer’s name to request employee Forms W-2 from company payroll or human resources departments.
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| Categories: Operations | Tags: Cyber Crime , Cyber Criminal , Phishing , Scam | Comments: (0) | View Count: (196)
09

America’s Smallest Self Storage REIT

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America’s Smallest Self Storage REIT
When most people think of publicly traded Real Estate Investment Trusts (REIT), they think of billion dollar companies with hundreds or even thousands of properties. Public Storage and Extra Space Storage are two companies that come to mind in the self storage industry.
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| Categories: | Tags: Public Companies , Real Estate Investment Trusts | Comments: (0) | View Count: (524)
06

Limited Lines Licensing for Self Storage

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Limited Lines Licensing for Self Storage
Over twenty states currently include a limited lines insurance program that specifically allows self storage operators to obtain an insurance license to sell tenant insurance (for loss or damage to stored goods) directly to their customers and to be entitled to receive a commission for the sale.
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| Categories: Legal, Legislative / Regulatory | Tags: Limited Lines , Insurance , Tenant Insurance , Legislation | Comments: (0) | View Count: (428)
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