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Overcoming the Fear of Rate Increases: Cutting Edge Guidance for Self-Storage Operators

Video-Overcoming the Fear of Rate Increases: Cutting Edge Guidance for Self-Storage Operators

Have anxiety about excecuting rate increases at your self-storage facility? Help is here. Jim Ross, a vice president of operations for Cutting Edge Self Storage Management, provides guidance for alleviating those fears during this segment from the company's video blog. He talks about why you shouldn't be afraid to raise rents, when to raise rates and common mistakes made by facility operators. He also provides a formula for success including percentages and a time table.