Storage Owners Are Leaving Money On The Table (Andrew Jones)

The Storage Investor Show

IN THIS EPISODE...

Discover the secrets to maximizing self-storage profits with insights from Andrew Jones, the VP of third-party management at Just Storage and Managing Partner of OTR Truck Parking.
Learn from Andrew's journey and valuable experiences at Extra Space, where he navigated complex mergers and focused on ancillary income. You'll learn actionable tips on competing effectively with large operators and why thorough property analysis is crucial before diving into third-party management.
Andrew emphasizes the importance of maintaining a human touch, especially during rate increases, and shares strategies for balancing operational costs and customer expectations in smaller towns.
Don't miss this episode filled with industry knowledge and practical experience.
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1. Self-Storage Investment and Management Insights (00:00:00)

2. Effective Communication in Self-Storage Management (00:11:29)

3. Enhancing Self-Storage Ancillary Revenue (00:15:02)

4. Optimizing Ancillary Revenue in Storage (00:19:45)

5. Expanding Revenue With Truck Parking (00:26:46)

6. Career Highlights and Learning From Challenges (00:35:28)