Day 81: Hiring a Manager vs Managing Yourself: Which Makes More Sense? скачать в хорошем качестве

Day 81: Hiring a Manager vs Managing Yourself: Which Makes More Sense?

Should you hire a manager or manage the facility yourself? In Day 81 of the Storage 100 series, Joe Downs breaks down one of the biggest decisions every storage owner faces: control vs. scale. Joe walks through the real pros and cons of self-managing. Yes, you can save 5–8% in management fees and maintain total operational control. You’ll learn the business from the ground up and build direct tenant relationships. But there’s a cost. Self-managing can require 10–20 hours per week. You’re on call 24/7. Scaling becomes difficult. Burnout becomes real. Then Joe breaks down hiring a manager from paying 5–8% of revenue to a $35K–$50K salary and what you gain in exchange: time, professional systems, and the ability to scale beyond a single facility. You’ll also learn: • The break-even point by unit count • When part-time or commission-based management makes sense • What to look for in a manager • Commission vs. salary structures • Why hiring too early — or too late — can hurt your NOI The truth? Most owners should self-manage first to learn the business, then hire to scale. Management is not just an expense decision. It’s a strategy decision. If you're debating whether to hire help or stay hands-on, this episode is required viewing. 🎯 Join the Storage Moguls Community Ready to take your storage investing to the next level? Join Storage Moguls at storagemoguls.ai — a free, AI-powered learning platform with GPT tools, multi-modal learning, and content across every storage vertical. Start free. Learn at your own pace. Build real wealth. 👉 storagemoguls.ai Subscribe for daily Storage 100 episodes and real-world self storage investing education. #selfstorage #selfstorageinvesting #propertymanagement #commercialrealestate #storage100 #realestateinvesting #assetmanagement