9-9:50 a.m.
The Lowdown on Going Up: Building Multi-Story Self-Storage
Speaker: Caesar Wright, Mako Steel Inc.
This presentation will look at the good, bad and ugly aspects of building multi-story self-storage. Our speaker will share construction insight based on 20-plus years of industry experience, including what works, what doesn’t work, and guidelines to help you save time and money. He’ll talk about important considerations to make when building a multi-story site including tenant needs, land utilization, curb appeal, structural requirements, additional construction costs and life-safety issues. This seminar will cover the topic of building multi-story projects from preliminary design through opening day.
10-10:50 a.m.
Conducting a Self-Storage Feasibility Study: A Checklist for Success
Speaker: Jim Chiswell, Chiswell & Associates LLC
Whether you’re thinking about building a new self-storage facility or buying an existing one, developing a detailed feasibility study and acquisition due-diligence report is essential to your success. Getting a loan for your project can be difficult, but it’s almost impossible without solid feasibility and due-diligence information. During this seminar, our speaker will lead you through the critical steps and decision points of the development process to answer the question: Does this site or project meet my investment objectives? Attendees will receive a detailed checklist to help them navigate the development journey.
11-11:50 a.m.
Now Is the Time to Build Self-Storage: Taking Advantage
of a Down Economy
Speaker: Bruce McCardle, Mako Steel Inc.
Think a depressed economy means no opportunity for self-storage development? Guess again. During this seminar, our presenter will discuss the pros and cons of building in today’s economic climate. He’ll address the issues of land costs, materials supply and costs, labor supply and costs, and current and future market conditions. You’ll hear about what your competitors are and aren’t doing, and the risks and rewards of current financing options. While you’re in Vegas, take the time to calculate the odds. Is it a bigger gamble to build or to wait? It's your turn to bet!
1-1:50 p.m.
Creating the Most Effective Site Design and Self-Storage Layout
Speaker: Jamie Lindau, Trachte Building Systems
Whether you’re a self-storage novice or a veteran, you know the importance of proper site layout—it’s the delicate balance between maximizing your land and meeting the market’s needs while turning a healthy profit. This seminar takes a close look at how to capitalize on your site’s potential. You’ll learn alternative methods of site layout as well as how to determine when to build multi-story buildings, incorporate climate control, and offer drive-up access.
2-2:50 p.m.
Making Money With Self-Storage Conversions
Speaker: Andrew Hyde, Self Storage Affiliates
Auto dealerships, department stores and obsolete warehouses are examples of great self-storage conversion opportunities. Adapting an existing building offers investors a fast and relatively easy way to create a new storage business, and changing a property’s use to self-storage can be extremely lucrative; but conversions also have unique challenges and drawbacks. In this session, our presenter will discuss how to find and evaluate potential facility locations, detailing the cost and construction process. He’ll also teach you the top five site-selection criteria for conversions and how to use them.
3-3:50 p.m.
Self-Storage Acquisitions: Affordable Deal Structures for Today’s Economy
Speaker: Scott Meyers, Self Storage Profits Inc.
Looking to grow your self-storage business but lack the financing or skills structure to do so? The down economy has had an impact on the self storage real estate market, but savvy investors are finding that great deals are readily available. During this seminar, our speaker will share ways you can buy self-storage facilities with little to no cash out of pocket, including self-directed IRAs, master leases, syndications, LLC member exchanges and others. This is a must-attend session for all active investors who want to take advantage of the upcoming wave of bargain properties that will be available in 2010.