The Secret to Charging More Without Losing Tenants | 3 Minutes with 3 Mile

The Secret to Charging More Without Losing Tenants | 3 Minutes with 3 Mile

Self storage owners—customers will pay higher rates if they believe they're getting more value.

Most owners hesitate to raise rates because they're afraid of losing tenants. But here's the truth:

  • People don't leave over small price increases. They leave when they feel like they're overpaying for a bad experience.
  • Your competitors are already raising rates—and still filling units.
  • The key isn't price—it's perceived value.

In this episode of 3 Minutes with 3 Mile, I'll show you how to raise rates the right way—without pushing tenants out.

What You'll Learn:
  • Why tenants accept rent increases when they see value
  • The three factors that make people willing to pay more
  • A step-by-step strategy to increase rates without losing customers

📩 Want my Self Storage Rate Increase Script?
Email me at jim@3milestorage.com with the subject line "Send Me the Script", and I'll send it to you for free.

Need Help Maximizing Revenue?

At 3 Mile Storage Management, we help self storage owners implement smart pricing strategies, increase revenue, and improve tenant retention. Book a free consultation at www.3milestorage.com.

Episoder(345)

Embracing Technology in Self-Storage: Insights from Pedro Florida of Trojan Storage

Embracing Technology in Self-Storage: Insights from Pedro Florida of Trojan Storage

🏢 𝐌𝐞𝐞𝐭 𝐏𝐞𝐝𝐫𝐨 𝐅𝐥𝐨𝐫𝐢𝐝𝐚: 𝐒𝐞𝐥𝐟-𝐒𝐭𝐨𝐫𝐚𝐠𝐞 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐕𝐞𝐭𝐞𝐫𝐚𝐧 Join Jim Ross, host of the Self Storage Show, as he welcomes Pedro Florida, CEO of Trojan Storage and a ...

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Mastering SEO in Self Storage: Marketing Insights from Eva Chavez

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🌐 𝐈𝐧𝐭𝐫𝐨𝐝𝐮𝐜𝐭𝐢𝐨𝐧 𝐭𝐨 𝐌𝐚𝐫𝐤𝐞𝐭𝐢𝐧𝐠 𝐄𝐱𝐩𝐞𝐫𝐭 𝐄𝐯𝐚 𝐂𝐡𝐚𝐯𝐞𝐳 Join Jim from the Self Storage Show in an enlightening interview with Eva Chavez, a seasoned marketing expert boast...

15 Jan 202430min

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🏛️ Spotlight on Joe Doherty from the Self-Storage Association 🏛️  Join host Jim Ross on "The Self Storage Show" for an in-depth interview with Joe Doherty, the Chief Legal and Legislative Officer fo...

10 Jan 202420min

Enhancing Self-Storage Operations: Teresa Gallas and Janice International

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🌟 Vendor Spotlight: Teresa Gallas of Janice International 🌟 Join Jim Ross as he welcomes Teresa Gallas from Janice International in this enlightening Vendor Spotlight session. Teresa brings her 14-y...

9 Jan 202414min

Inside the Self-Storage Market with Broker Expert Mason Gates

Inside the Self-Storage Market with Broker Expert Mason Gates

🏘️ Meet Mason Gates: Midwest's Self-Storage Specialist 🏘️ Dive into the world of self-storage brokerage with Mason Gates, a focused broker with a deep understanding of the Midwest market, especially...

8 Jan 202418min

Navigating Self-Storage Investments: Insights from Matthew Horne of Storage Point Capital

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🏫 Matthew Horne's Path to Self-Storage Leadership In this engaging episode, meet Matthew Horne, CEO of Storage Point Capital, as he recounts his diverse background in education and finance, leading t...

4 Jan 202416min

Self-Storage Mastery: Andrew DiNuzzo's Insights from Elevation Capital Group

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🏗️ Unveiling Elevation Capital Group's Industry Prowess In this insightful episode, join Andrew DiNuzzo from Elevation Capital Group as he shares the company's journey in self-storage and manufacture...

3 Jan 202420min

Mastering Self-Storage Investment with Jane Sauls: Strategies for Success

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🏢 Jane Sauls' Self-Storage Expertise Unveiled Step into the world of self-storage investment with Jane Sauls, the co-owner of Sauls Storage Group. In this episode, Jane shares her deep-rooted experie...

2 Jan 202437min

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