Garage rental and how you can make money
Have an unused garage? Wish to make some extra money? All the fortunes are in your favor!
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As we advance in life, we typically start accumulating a lot of stuff. The stuff we accumulate could include toys, furniture, an extra vehicle, seasonal clothing, holiday decorations, an RV or boat, or sentimental family items passed down from generation to generation. While you might not require access to all your stuff on a daily basis, most of these items have the potential to be used later on. This is the reason why homeowners keep searching for reliable self-storage spaces in their neighborhoods.
The self-storage industry has gained a considerable impetus in modern times. It’s estimated that the annual revenue of the self-storage industry had managed to reach a whopping $48.2 billion market cap in 2020. If you want something that is not fit for your home-based storage, you can search for reliable self-storage units in your area to keep them safe and secure until you need the items.
Let us help you understand all about self-storage and how it works.
What is Self-Storage?
Self-storage is essentially an extension of your garage, storage shed, or attic conveniently located in a rental storage facility used to store your belongings for the period you require. Most storage companies like Public Storage have localized facilities with multiple storage options like climate-controlled, outdoor storage, and various sized spaces. Therefore, you need to pay for the storage unit only when you need it.
If you wish to declutter or organize your space beautifully or need extra space during a move, hiring a self-storage unit can be an excellent choice to attain peace of mind and security for your stuff. As the industry is growing rapidly, look for a reliable self-storage unit near you now!
Why Do You Need Self-Storage?
Here are several reasons why you need to look for a reputed self-storage unit in your locality.
Home remodeling: With reliable self-storage, you can keep your furniture and other important belongings safe until your home becomes ready again. Climate-controlled units act as an extension of your home, recreating a controlled environment with heating and cooling along with top security.
Seasonal Storage: Done with the holidays? Storage units work great for storing your seasonal holiday decorations as you typically only use them for one month out of the year. Looking for a separate space to organize your gardening equipment for the winter season? Winter can be harsh, so you probably won’t be doing any gardening or significant upgrades to your yard. Store your extra gardening stuff in a storage unit to have room for what’s essential for the winter.
Moving: We all know moving sucks. It’s typical to get a storage unit for a few months while packing up your house to move into your new home. Self-storage works perfectly for storing your stuff near your destination while helping to declutter and make a move less stressful.
Business Storage: You can keep your business inventory in a safe place at a self-storage unit. Storage units are increasingly getting more popular for eCommerce and online retail businesses. Since COVID, many companies started selling primarily online, which increased the need to store products. There is nothing better than using a storage unit for managing your products and business.
Decluttering: If you are decluttering and organizing your house, keeping away extra stuff at a storage unit will make sense. It’s best to get things out of your space so you can focus on the things that really matter.
There are many different types of storage units to fit everyone’s needs. Whether you’re storing a vehicle or household goods, storage has a wide range of uses. Some of the different types of self-storage units you need to look out for are:
Long-term and Short-term: You might need access to either a short-term or a long-term self-storage facility. When you determine the duration of your rental, it will help you analyze the type of storage facility you want. If you’re in need of short-term storage, you may want to go for the more conveniently located option, even if the price is a little higher. If you’re looking for long-term storage to which you won’t need frequent access, maybe a lower-priced unit that may not be conveniently located would work better.
Indoor Storage: Situated inside a building or premise and features world-class security features such as cameras, digital passcodes, and multiple locked entrances for maximum security. These units can only be accessed by the owners of storage spaces as their the only ones that control the digital passcodes. These dedicated indoor self-storage units are more secure because the building will feature a separate security mechanism. Most of the units are climate-controlled and humidity-controlled for the overall safety of the belongings. In some cases, you can end up paying slightly more than other options. Indoor climate-controlled units are perfect for artwork, sentimental goods, jewelry, leather furniture, and anything electronic.
Outdoor Storage: Mostly, outdoor spaces are utilized for stuff that can withstand the elements and temperature changes. This may be like gardening equipment, outdoor decorations, kitchenware, and sports equipment. These areas will feature gates and fencing areas along with top-notch security specifications. Essentially, these can be regarded as independent garages or parking lots. In most cases, they offer drive-up access. Therefore, it becomes easier to move items in & out of the storage units. As they are less restricted, they might compromise slightly on the overall security. As such, these are typically cheaper than indoor solutions.
RV and Vehicles: In addition to outdoor storage, you can also come across dedicated areas for storing cars and RVs along with boats, dirt bikes, and other vehicles. Depending on the storage provider, it could feature either a vacant parking lot or large vehicle warehouses, or even lift storage. Now private property owners with lots of land are looking to rent their space out for RVs, trailers, and boat storage.
When searching for suitable self-storage units, you need to look for spaces offering advanced safety and additional amenities. Thankfully, locating a self-storage facility that is climate-controlled, safe, and secure has become easier than ever before. Some of the leading options to help your search process are:
One of the leading options to find a reliable and professional self-storage space in your area is by going online and searching for relevant marketplaces offering access to owners of self-storage spaces. Some leading options online are;
SpareFoot.com: You can explore the online marketplace directly on the website of Sparefoot.com. The company offers access to one of the largest online self-storage marketplaces while enabling users to compare various storage options across the nation. You can enter your city and ZIP code and come across a list of storage facilities near your location. You can even put in a booking request through the platform directly to the storage facility.
SelfStorage.com: The online marketplace of the storage website features over 40,000 storage facilities across the nation. You can enter the ZIP code and city and compare different storage areas in your neighborhood. You can also check into additional amenities provided by storage units and compare what’s suitable for you.
PeerStorage.co: If you’re in search of customized, top-rated storage solutions near your locality, you can search for relevant storage spaces at PeerStorage.co. PeerStorage is a leading online self-storage marketplace offering access to unused spaces in your neighborhood. PeerStorage features spaces such as vacant garage space, storage shed, bedroom, basement, or a parking lot for satisfying all your storage requirements. The online marketplace offers storage solutions for your business, personal items, and extra vehicles such as RVs, trailers, or boats. The cost advantage of PeerStorage.co over its competitors sets it apart from others in the market. PeerStorage’s listings are typically 33%-50% cheaper than typical self-storage facilities.
Google Maps: On Google Maps, you can search for nearby storage units that fulfill your purpose. You can obtain information like the facility’s name, address, and contact number. Make a call and inquire about all you need to know about the self-storage facility.
Local Neighborhood or Ads: If you are searching for a storage area locally, local neighborhood information or ads can help. You can search for local billboards in your area to specify storage space availability.
The size that you want for your storage will depend on what you wish to store in the first place. Some general guidelines for selecting the right storage size are:
5’X5′: Capable of accommodating around 5-6 boxes or small furniture. A small size room or closet space will fit in this unit.
10’x10′: Capable of accommodating furniture and appliances of a single bedroom and your kitchen.
10’X20′: Capable of accommodating furniture of two to three bedrooms, a compact car, or a small boat. This is also typically used by businesses, eCommerce, and retail stores.
10’X30′: Capable of accommodating items of a three-bedrooms, small house or an SUV-sized vehicle.
20’X20′: Capable of accommodating a whole house worth of goods, items of a 4-bedroom house or two vehicles.
There are several factors that will determine the exact price of renting a self-storage unit. Depending on what you select, you can think of paying around $100 to $500 per month on a self-storage unit. Some core factors to consider are:
Location: An urban locality offering high-end amenities with storage spaces will cost more.
Availability: A facility with high occupancy will cost more due to increased demand driving up prices. This is typical for certain storage unit sizes as the 5′ x 5′ spaces are the most popular, which means their priced more per square foot.
Unit Type: You can expect to pay around 20 percent more for indoor storage and 30 percent more for units that are climate-controlled.
Provider: You can expect affordable pricing when you opt for a reliable online storage marketplace like PeerStorage.co.
In addition to its official website, those looking for affordable and secure self-storage units can reach out to PeerStorage for any storage needs. It is a pioneering self-storage provider helping individuals find the perfect self-storage units based on their unique specifications. By just entering your ZIP code into the website’s search tool, you will have a dedicated list of the best-in-class local self-storage units for you to rent.
Users can also think of filtering the respective results by specific amenities, including drive-up access, climate control, 24-hour access, property coverage, and location. Some reasons to opt for professional self-storage services through PeerStorage are: