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  • What Nick learnt from buying $100 Million of Self Storage!

What Nick learnt from buying $100 Million of Self Storage!

PLUS: Q4 results, Occupancy down, Revenue UP!

Howdy my self storage partners!

Im writing this just before I go for a run here in the UK ... and its Blooming freezing!

The sun is just coming up, the birds are .. hmm squarking (haha) and Mr Self Storage is about to put on his running shoes

How was yesterday I hear you ask ... Average is the answer!

Letss do Thiis ... 

Here's what coming your way today :-

  • Industry News

  • How much we've invoiced so far this month

  •  Yesterday's Figures ... How did we do?!

  • Meme of the day -

  • Final Thoughts -

Industry News -

  • 1 - 5 Things Nick Huber learnt after buying $100 million dollars of self storage !!

Nick is awesome BTW

sweatystartup.ck.page/posts/5-things-i-learned-while-buying-100-million-worth-of-real-estate

  • 2 - Smart Stop Self Storage REIT ... Q4 Results!

Physical occupancy decreased but revenue increased!! 

Thats so common for the industry at the moment

us.acrofan.com/detail.php?number=796741

  • 3 - This scares me to death!

Fire in a self storage facility!! Burns for 12 hours

Its not a big article but ive highlighted it because this scares me and it should scare you! 

countynews.tv/placentia-third-alarm-fire-in-self-storage-burns-for-12-hours/

TRUE PERIOD REVENUE (Basically invoices sent so far this month)

Beverley -

Willerby -

Wrexham -

The fun bit - My business .... Bare Butt Naked! 

Willerby Figures .... The BIG One 

Yesterdays Results -

  • 1 Res today

  • 2 Move In's

  • 2 Move outs

Month to Date -

  • 540 Sq Ft for the month ... Hopefully we will be in a massive positive this month

Reservations so far this week = 1

Move ins so far this week = 2

Clough Rd Figures .... The Automated Site

Yesterdays results -

  • 1 Reservations

  • 0 Move in

  • 0 Move out

Month to Date -

  • 175 SQ FT Up for the month so far.

Reservations so far this week = 1

Move ins so far this week = 0

Beverley ... My baby ... My first site! -

Yesterdays results -

  • 1 Reservation

  • 0 move outs and move ins

Month to Date -

  • MINUS 95 Sq Ft Up for the month

Reservations so far this week = 1

Move ins so far this week = 0

Wrexham's Figures (Indoor) ... My First acquisition  

Reservations so far this week = 3

Move ins so far this week = 2

Total reservations for the week (all sites) =

Total move ins for the week (all sites) - 14

Self Storage Meme of the day -

Final Thoughts -

It was an average start for the week .... 3 Reservations. 

Today im heading off to Wrexham ... Its the final day of working at the facility for the previous owner. 

From today ... Wrexham is manless!

In the next few weeks we can get the new signs up and start increasing prices and fill the facility up. 

Im excited ... stay tuned 

Health and Fitness ... Move More = Live Longer   -

Weekly goals -

  • Gym - 5 times 

  • Run - 50 K 

Results so far  - 

  • Gym - 1

  • Run - 12k

Yesterdays Steps - 26,164

What did you think to todays email???

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Give me your feedback ... What did I do well? What did I do bloody rubbish?? 

Loads of Mr Self Storage Man Love :-)

Mr SS 

PS .... Tell your friends, tell your parents, tell your lover, tell everyone and everyone who will listen to you ;-) ... Heres the link to sign up - www.mrselfstorage.com