How a property manager can benefit from a storage solution

Phillippa Carr
Phillippa Carr | 3 min. read
Get the latest industry insights.

Published on November 20, 2012

As a property manager, you take on a lot of responsibilities on a daily basis. You must deal with maintaining the properties that you manage and also deal with renovating properties and doing repairs once the current tenants vacate the property. From listing properties available for rent, marketing these properties through different channels, collecting rents, and inspecting properties, you already have a full plate. Wise property managers in the industry look for practical solutions at every corner so that they can manage their time and save money in the process. One solution that is becoming popular with property managers today is to rent storage units. Read on and find out why more and more property managers are using self storage to store their equipment and other tools.

Storing Large Machinery that Cannot Be Stored in the Office
When you manage or own a property management business, you need to look as professional as possible. The last thing you need is a vacuum, a lawnmower, or other large pieces of equipment sitting in the middle of your office. Not only is this a hazard, it also looks very unprofessional when investment property owners and potential tenants come into your office to do business. If you are renting an office space or own a space that does not have a back office or a warehouse, you need to find a place to store the equipment while it is not in use. Rather than looking for an office space that will cost more to maintain each month, you can rent a storage space close to your office and rid your office of the clutter.

Storage Units That Are Accessible 24 Hours a Day
Most reputable storage facilities keep their units accessible 24 hours a day, 7 days a week. You never know when your cleaning team or your landscaping team is going to need to pick up the equipment they need to clean up a property before a tenant viewing. If you schedule an appointment in the evening, you may need to send your team in after hours to make sure everything is done just to keep your reputation intact. Storage units are a great solution because they are accessible 24 hours a day. By renting these units, you never compromise the quality of the services that you offer.

Size Matters
There are several different storage units available in a wide range of different sizes. If you want to store belongings that your past tenants have left on property while you are repairing the property to be rented again, you may want to choose a larger storage unit that will give you more space. If you are strictly looking for a space to store equipment and materials, you can opt for a smaller space that costs less each month. Make sure that you look for spaces that are secure and monitored, and keep all of your business equipment and materials offsite and accessible.

Read more on Scaling
Phillippa Carr

Phillippa Carr works for Britannia Premier Self Storage, which has locations across the UK.

Trending Stories For You
Accounting & Taxes 10 property management bookkeeping basics
Since one of the core responsibilities of a property manager is to manage an owner's assets, income, and expenses, you’re constantly dealing with accounting whether…
Laurie Mega
| 7 min. read
Accounting & Taxes How does a 1031 exchange work? What property managers should know
More and more property managers are finding their clientele shifting from accidental landlords to strategically minded rental real estate investors. And they're relying on the…
Amanda Maher
| 5 min. read
Maintenance & Improvements Multi-family winterization checklist: 18 steps to take ASAP
For most of the country, winter is at our doorstep—and as with winters past, it could bring billions of dollars in property damage nationwide. Between…
Jason Van Steenwyk
| 7 min. read

Be a more productive
property manager