184. Occupancy Down...but Revenue Up? | The Truth about Occupancy in Self Storage

from Self Storage Income · host AJ Osborne

In the last 6 months, the Self Storage market has shifted. We've discussed this before, but in today's episode, AJ and Conner discuss how this affects occupancy and revenue. Namely, how can you increase your revenue despite the market conditions driving occupancy down?  AJ and Conner are fresh off of an internal meeting where they reviewed a market he currently owns more square footage than the REITs in that area. So for this episode, he pulls information from his accounting and underwriting teams to break down the changes happening and what needs to be adjusted.  Don't miss the market insights and updates! Check out our YouTube channel for more! https://www.youtube.com/@SelfStorageIncome/featured  Our partners: Live Oak Bank - liveoakbank.com/incomepodcast Tenant Inc. - https://www.tenantinc.com/ Janus International - https://www.janusintl.com/ Grab my audiobook Growing Wealth in Self Storage for FREE: https://www.selfstorageincome.com/free-audiobook  Want to invest in storage without dealing with the day-to-day operations and management? Learn more about our syndication company Cedar Creek here: https://www.cedarcreekwealth.com/

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How long is this episode of Self Storage Income?

This episode is 43 minutes long.

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This episode was published on December 7, 2022.

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