FAQs
Which properties are managed by EPS?
- Pre-Construction or Conversions - Beginning Development
- Newly Opened or Pre-Opened Properties - Lease-up Properties - Existing Properties
- Absentee Ownership or Multi Owned Properties
- REIT (Real Estate Investment Trust)
- Properties with 400+ units
- Properties with less than 400 units (Recommend discussing other alternatives)
- Multiple site (8+ properties) areas (States or Regions)
- Struggling or Poor performing Properties (Mostly a operational problem - Solvable)
- Dissatisfied with the performance of the present management company
A common problem is finding a dedicated self-storage management company, to manage your Self-Storage Investment
The Solution to your problem?
Hire Extra Place Self-Storage Management as your Third Party Management Company!
Is there a drawback to third party self-storage property management?
Absolutely, if you chose a Management Company that DOES NOT have your best interest at heart.
RED FLAGS TO WATCH AND LISTEN FOR WHEN CHOOSING A SELF-STORAGE MANAGEMENT COMPANY:
- Vested Self-Storage interest
- Own Self-Storage Properties
- Buy Self-Storage Properties
- Increasing their Self-Storage Portfolio
- Vested Ownerships or Partnerships with Property Owners or REIT
- An Acquisition Department
- Acquisition Person
- Brokerage or Real Estate Department
- Broker or Realtor
One thing to think about...
Would you let your competitor manage your property?
WHAT YOU GET CHOOSING THE SERVICES OF THOSE COMPANIES:
- There will be obvious apparent: bias, distractions, discrimination, partiality in the operation of your self-storage property and their self-storage properties. Human Nature and the Nature of the business.
- In most cases the operational quality is reduced and limited for their benefit, in hopes you will sell your property for a reduced price.
- Their management will not have the dedication and interest in the successful operation of your self-storage property as they will for their own self-storage properties.
- Most upper management at self-storage companies have never had former knowledge or operational experience in running or operation of a self-storage property.
- The success of your self-storage property is NOT of utmost importance; seeking a greater return for their upper management and shareholders is of utmost importance.
- Since the success of your self-storage property is only a very small fraction of their financial success and income, their main focus is on their own self-storage properties.
How can Extra Place charge less for their services?
- EPS is not a publicly traded company.
- EPS is responsible to the owners and investors of self-storage facilities , not the stockholders.
- Extra Place does not have several tiers of upper management, director or board members to financially support.
- Extra Place is dedicated to the successful operation of the properties we manage
Your Success is Our Success
- Extra Place is not bureaucratically run.
- EPS upper management has successfully worked from the self-storage trenches to self-storage executive level.
With Extra Place, you are not just a number!
