Joule Blog

Construction, Management, and Investment Under One Roof: A Storage Facility Project Manager’s Guide Many project managers face this problem: projects are delivered efficiently on paper, but they cost far more to operate and may not meet expected financial targets. For example, imagine a new self storage facility where the initial construction focused on minimizing upfront […]

Imagine this scenario. You operate a successful self storage facility in the local area, offering space to residents of surrounding communities and townships. Suddenly, your demand drops due to competition. What do you do? Economic ups and downs can reduce storage demand, but a diverse storage portfolio can help protect your income during uncertain economic […]

Why Monthly Metrics Matter Tracking your self storage KPIs as a storage property manager is essential. Property managers who track their KPIs achieve 20-30 percent higher profitability overall. First, you can use a simple spreadsheet to log your key metrics each month, or try property management software with built-in dashboards and reporting features. Tracking KPIs […]

PMs as Value Creators As a property manager (PM), you understand that your role extends far beyond merely collecting rent. You do not just collect checks; you are a value creator who transforms good properties into exceptional ones. Owners purchase assets. But it is your execution of a strategic property improvement plan that unlocks hidden […]

Another storm has struck the area where the construction project is underway. This time, it shakes the entire town, causing millions of dollars in damage. Fortunately, your team prepared for the rainy season, so a contingency plan was in place for just such an event. Construction equipment was properly insured, and materials were stored in […]

Whether your self storage properties are struggling to fill units or you want a way to stay updated with the latest market trends, smart self storage management strategies can greatly help ensure your investment reaches its full potential. Boost occupancy with smart storage management by supporting every stage of the tenant lifecycle. Conversion, retention, and […]

Cut Months Off Your Next Build: What to Expect During A Self Storage Construction Project Maybe you have stayed up all night, worrying about the latest hitch in your self storage construction project: a new delay caused by bad weather, the usual contract with the vendor who pours concrete has fallen through, or perhaps it […]

If you are a first-time investor excited about purchasing your first self storage property, you might be attracted by the promise of high returns. However, without proper research, you could quickly face unexpected maintenance problems and a drop in tenant interest and occupancy, a costly mistake that could have been prevented. If you are exploring […]

Owning an investment property in the self storage industry is not a source of passive income. Self storage property management requires active involvement and attention to many details. You need to have a solid grasp on your investment. This means maintaining, controlling, and operating the storage property effectively. Key responsibilities involve collecting rent, managing taxes, […]

As a property owner or investor, you have several responsibilities in property management. From chasing down vendors to marketing your business to the right people, there are several moving parts to consider. Outsourcing demanding property management tasks boosts your chances for success. You want a property management company that exceeds expectations. You need high achievers […]