How Recurring Ancillary Revenue Increases the Value of Your Self-Storage Facility
In self-storage, rental income is capped by your square footage. Recurring service revenue is not, and it converts into equity at a multiple. Here is what that looks like in a sale price.
What ancillary income products are the best fit for your self-storage facility?
New ancillary revenue options keep showing up in the self-storage industry, and not all of them fit every facility. This article and matrix sort the choices by two constraints: how much space you can give up, and how much capital.
Free whitepaper: Unlock 10+ revenue streams that are already sitting inside your facility
RK Kliebenstein's free whitepaper documents more than ten ancillary revenue streams for self-storage operators, with a dollar figure attached to each one. Here's what it covers and why recurring revenue beats one-time sales.
Why this Louisiana storage owner offers her manager a 50% incentive on digital mail revenue
Lisa Harris, Owner of Lafayette-based Evangeline Thruway Storage, explains how iPostal1 digital mail turned her manager's idle hours into a steady revenue stream, and how a 50% incentive keeps the whole thing running without her.
How much can your self-storage facility earn from a digital mailbox program?
A digital mailbox program pays self-storage operators recurring monthly income from a single file cabinet. Here is what the revenue looks like, and why it costs so little to earn.
Self-storage: the next great iPostal1 industry partnership
Insurance, taxes, and marketing costs keep climbing. iPostal1 brings a proven digital mailbox model to self-storage, letting operators earn recurring, ancillary revenue with no investment and no contract, using the space and downtime they already have.