Historically, operators have achieved their target NOI by almost exclusively focusing on driving occupancy. However, in recent years, excess supply in the market has caused over-saturation, resulting in both declining rental rates and increased costs per lead. This has forced operators to answer an unfamiliar question. How else can I impact my NOI?
If you’re just starting to research how to get into the self-storage business, you’re not alone. Side investors and first-time operators are increasingly drawn to
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