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Mr. Monty Rainey

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RE: Rent velocity for new facility

Posted By Monty Rainey 05-19-2024 10:19 AM
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In normal years, depending on the market, whenever we open new facilities, we see 40K - 70K/SF the first year. But 2023 and so far, 2024 have not been normal years. Until there is an administration change next year and we can get inflation under control, I would expect less than half that amount. ...

RE: Gate Access vs. Rental Agreement

Posted By Monty Rainey 09-23-2023 08:54 AM
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I think everyone who has ever taken over an existing property has run into this scenario. What we have found that works best when you have a tenant who refuses to come in and sign a new lease is to send out a substantial rent increase. By substantial, I mean a minimum $100 increase. This will get their ...

RE: $100k expansion options…what are good options?

Posted By Monty Rainey 08-19-2023 10:09 AM
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That depends on several factors. The first thing to take a hard look at is where there might be room to increase revenue. Remember, even at a ridiculous 10 cap rate, every $1000 you add to your NOI equals an additional $10k in sales price. If there is some low hanging fruit there, then your priority ...

RE: Marketing & Website Integration

Posted By Monty Rainey 06-14-2023 08:53 AM
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Our company can take care of that for you. Give me a call at your convenience. ------------------------------ Monty Rainey Chief Executive Officer RPM Storage Management/SQubed New Braunfels TX (830) 832-9496 ------------------------------

RE: Any updates on the newspaper ad requirement vote?

Posted By Monty Rainey 06-11-2023 08:09 AM
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Ginny can weigh in with the details, but my understanding is that the bill did pass the Senate and will go into effect in September. ------------------------------ Monty Rainey Chief Executive Officer RPM Storage Management/SQubed New Braunfels TX (830) 832-9496 ------------------------------

District Manager - Austin area

Posted By Monty Rainey 03-30-2023 05:38 PM
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RPM Storage Management LLC is a Texas based Self Storage Management Company with more than 3,000,000 square feet of storage property under management throughout the Lone Star State. The current District Manager position is for the Central Texas markets in Austin and the surrounding area. We practice ...

RE: Looking for my 1st facility

Posted By Monty Rainey 06-09-2022 08:31 AM
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Just to make everyone interested aware, there is new facility (100K/SF mixed use) going in at FM 1044 and County Line Road that is currently in permitting. Sent from Mail for Windows

RE: Zoning Variance through City

Posted By Monty Rainey 01-11-2022 08:54 AM
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Your Civil Engineer would normally take care of permitting. In your area, John Bandas is as good as they come - jbandas@bleylengineering.com ------------------------------ Monty Rainey Chief Executive Officer RPM Storage Management, LLC New Braunfels TX (830) 832-9496 --------------------------- ...

Self Storage Support Solutions LLC

Posted By Monty Rainey 09-23-2021 10:22 AM
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S-Qubed is here! RPM Storage Management LLC has opened it's new branch, Self Storage Support Solutions LLC. Hello everyone. After many years in the industry, even though we operate a third party management company, we know third party management just is not a good fit for owners who are involved in the ...

RE: Property Insurance

Posted By Monty Rainey 09-03-2021 08:09 AM
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Gary Kelley with Rice Insurance - 360-734-1161. ------------------------------ Monty Rainey Chief Executive Officer RPM Storage Management, LLC New Braunfels TX (830) 832-9496 ------------------------------

RE: Security

Posted By Monty Rainey 07-31-2021 08:09 AM
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Sounds like you've got a great opportunity to increase merchandise sales. You've got the necessary security in place - other than perhaps a license plate camera. Require that all trailers have either a hitch lock or a boot and stock your showroom with these items. ------------------------------ Monty ...

RE: Cutting locks

Posted By Monty Rainey 05-30-2021 08:10 AM
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You will need a grinder with a metal cutting wheel. ------------------------------ Monty Rainey Chief Executive Officer RPM Storage Management, LLC New Braunfels TX (830) 832-9496 ------------------------------

RE: Credit Card Fees

Posted By Monty Rainey 03-23-2021 08:56 AM
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Mike, isn't Sitelink forcing you to use theirs? Get Outlook for Android

RE: Payroll Service

Posted By Monty Rainey 03-23-2021 08:54 AM
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We use Paychex and have been very pleased with them. Previously we used ADP. Not so much. Get Outlook for Android

RE: Manager Job Description

Posted By Monty Rainey 03-13-2021 09:58 AM
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Job descriptions will vary with each company, but the general duties are similar with all self storage comapnies. Here are the RPM Storage Management LLC general duties for a self storage manager. Self Storage Store Manager for RPM Storage Management LLC Welcome to the RPM family. Described here ...