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PLUS: Creating Sound Financial Projections

🎙️ Have you checked out my Hacking Self Storage podcast? Find it HERE.
Goood Day Store Fam..A..Lam
Its a TWO cuppa tea morning so far …. That means, Its going to be a GOOOOODDD DAYY! 😄
Im meeting Dave Davies today …. Were looking around Wrexham, Mansfield and then my two new sites
I havent disclosed them yet … but one is due to complete next Friday so I can tell you all about it then …. Super excited 😛
Anyway on to the newsletter ….
Want me to teach you all I know …. Im opening the doors to the awesome self storage secrets 3.0 course Tuesday October 1st …
Want early access?? join the waiting list below
On to the newsletter ….

2 Reservations
2 Move Ins
6 Move Outs
Lets … Do … This …
Here's what's coming your way today 😎🎯
🤐 A Self Storage Tip - “Mansfield Monthly Figures”
🤝 3 Self Storage News Stories
🧐 Yesterday’s figures for each facility
🥸 1 Meme of the day
Self Storage Tip💡 💰
Alright …. We’re on to Mansfield!
Mansfield is a BEAST! Just keeps producing
Key Things to note :
Quotes were OK … But I like to be over 100
Conversions, Quotes to Move Ins was nuts
Conversions, Quotes to reservations was nuts … in a good way
Cancelled and expired reservations were awesome … ZERO BABY
Cost to acquire a customer was £60 … I’ll take that ALL DAY!!
3,400 Sq Ft moved in … Awesome! 2nd best EVER!
1,800 Sq Ft Moved out … That’s a 14% churn rate. That’s a little high but the more mature the site gets the lower this will become
Net 1,500 Sq Ft up for the month … I'll take that, thank you very much
63% occupied … Have to start looking at phase 2 soon!
Revenue - One of the highest months ever
Average Insurance Sold = Nearly £6,000 per move in … BUT highest total of insurance we have ever taken
SCORE -
9/10 BABY … Great month!! …. And the site is fully manless


Industry News🧐
8 Steps to Creating Sound Financial Projections for a Self-Storage Acquisition
Self-Storage Advertising Firm Adverank to Add 37 Employees
Turning Obstacles Into Opportunities: Using Innovative Design to Build Self-Storage on Challenging Parcels
The Fun Bit - My Business .... Bare Butt Naked! 😲🤫🤭
Yesterday’s Results -
Willerby (Hull) … My Big Site

0 Reservations
1 Move Ins
4 Move Outs
Month to Date -
PLUS 405 Sq Ft
Reservations so far this week = 3
Move Ins so far this week = 5
Clough Rd Figures ... The Automated Site

0 Reservations
0 Move Ins
1 Move outs
Month to Date -
MINUS 890 Sq Ft
Reservations so far this week = 2
Move Ins so far this week = 0
Beverley … My Baby (First Site)

1 Reservation
1 Move Ins
0 Move Outs
Month to Date -
PLUS 1195 Sq Ft
Reservations so far this week = 4
Move Ins so far this week = 4
Wrexham's Figures (Indoor) ... My First Acquisition

0 Reservation
0 Move Ins
1 Move Outs
Month to Date -
PLUS 125 Sq Ft
Reservations so far this week = 1
Move Ins so far this week = 1
Mansfield Figures

1 Reservation
0 Move Ins
0 Move Outs
Month to Date -
PLUS 1580 Sq Ft
Reservations so far this week = 3
Move Ins so far this week = 1
Glasgow

0 Reservation
0 Move Ins
0 Move Outs
Month to Date -
PLUS 640 Sq Ft
Reservations so far this week = 1
Move Ins so far this week = 0
TOTALS -
Reservations so far this week = 14
Move Ins so far this week = 11
Meme / GIF of the day -👀😂

Health and Fitness ... Move More = Live Longer - 🏋️♀️ 🏃
Weekly goals -
Gym - 2 times
Run - 40 miles
Boxing - 0
Results so far -
Gym - 0
Run - 11 Miles
Boxing - 0
Yesterday’s Steps - 26,203
Loads of self storage love,
Dean ❤️ 🙃
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