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The Hidden Risk of Not Raising Your Rates | 3 Minutes with 3 Mile

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Manage episode 475645417 series 2312998
Content provided by 3 Mile Storage Management and Jim Ross - 3 Mile Storage Management. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by 3 Mile Storage Management and Jim Ross - 3 Mile Storage Management or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

Truth: Keeping your storage rates the same for too long isn’t helping tenant retention—it’s quietly killing your profits.

Many self storage owners avoid raising rates because they’re afraid of losing tenants. But the real risk is letting your margins shrink while your competitors grow.

In this episode of 3 Minutes with 3 Mile, Jim shares why smart operators raise rates the right way—and how to do it without pushback or move-outs.

Want my Self Storage Rate Increase Template to implement this without pushback? Email [email protected] with the subject line “Send Me the Rate Template”, and I’ll send it to you for free.

📞 Book a free consultation: https://www.3milestorage.com

  continue reading

331 episodes

Artwork
iconShare
 
Manage episode 475645417 series 2312998
Content provided by 3 Mile Storage Management and Jim Ross - 3 Mile Storage Management. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by 3 Mile Storage Management and Jim Ross - 3 Mile Storage Management or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

Truth: Keeping your storage rates the same for too long isn’t helping tenant retention—it’s quietly killing your profits.

Many self storage owners avoid raising rates because they’re afraid of losing tenants. But the real risk is letting your margins shrink while your competitors grow.

In this episode of 3 Minutes with 3 Mile, Jim shares why smart operators raise rates the right way—and how to do it without pushback or move-outs.

Want my Self Storage Rate Increase Template to implement this without pushback? Email [email protected] with the subject line “Send Me the Rate Template”, and I’ll send it to you for free.

📞 Book a free consultation: https://www.3milestorage.com

  continue reading

331 episodes

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