Contributing Editors

The Buy vs. Build Debate Is Becoming Clear in Self Storage Industry

by John Stevens December 7, 2010 2:27 PM
During the booming 1980s and 1990s and up until 2006, the most common path into the self storage business has been to build, however, the tides are beginning to change and from a financial standpoint, buying has become the safer bet. [More]

Rental Housing, Too, Becomes Less Affordable -- Americans Continue to Downsize and Use More Storage

by Tony Gonzalez September 28, 2010 11:36 PM
Like homebuyers, many renters are having to downsize, putting more things in storage to make it possible to live in a smaller space, as housing prices become less affordable. Putting some things in storage makes downsizing a little bit easier by increasing the amount of space in a home available for use and decreasing the percentage of home space that is used for storage. While some renters use storage permanently as a way of decreasing the amount of living space that they need to pay for every month, others use it temporarily, while they transition to another home or to hold items that they are selling on eBay or Craig’s List. [More]

New Tax Rules: 1099s to Vendors, 1099s from Tenants

by Winnie Hsiu May 10, 2010 1:42 AM
Journalists combing through the fine print of the new health care reform bill have found a provision that requires business owners to issue 1099 forms, not only to contract workers, but also to any individual or business from whom they purchase more than $600 worth of goods or services. The provision is buried in Section 9006(b)(1), taking up 170 words out of the new health care reform law. The new law is about 2,500 pages long and has a total of about 400,000 words -- most readers did not notice the 1099 provision the first time they read the bill. [More]