In 2015, HuffPost published that there were more storage facilities than McDonald’s in America. Texas tops the list of states with the highest number of storage facilities in the U.S.; in 2020, it had 5,234. The more there are, the higher the chances of headaches storage facility managers have to put up with when tenants can’t keep up with the payments.
If you are a property manager of storage units, we empathize with you and want to make your work easier by offering these three things to consider:
Reduce Delinquencies With Creative Solutions
After notifying your tenants of the rent due and they keep ignoring your messages and mail, it is time to take matters into your hands. After all, you are in business and need to rent out the facility to another tenant. However, before you let anger get the best of you and seek out auctioning services, it is important to remember that resorting to auctioning off abandoned items hardly ever covers the loss of rent but will always reflect badly on the storage facility’s reputation, not to mention negatively impact your working capital.
Remember that some tenants simply wanted to rent your storage facility for a short while as they take on a brief decluttering project at home, but possibly got in over their heads. Others, likely need more space and once their junk was out of sight out of mind, so was the dedication to secure storage for it. Still, regardless of the reason that causes a person to stop paying rent on their storage unit, getting creative to reduce delinquencies is a must know skill that storage facility managers will need to employ more often than not. Some managers offer to waive late fees if they pay back rent in cash, while others offer short term reduced payments in order to help tenants pay down back rent.
Decrease Your Tenant Turnaround Time
Once you’ve tried to work with a delinquent storage unit tenant to no avail, it’s time to take action quickly. The next step is to assess if the property inside the unit is worth selling. Part of that assessment is to factor in the time and cost it takes to auction off the property. Ask yourself, at the end of it all will I recoup my expenses and rent? As much as you require a new tenant moving in so you can get back to making some income, be thorough in assessing the costs to go with auctioning services.
Also consider that competing storage facilities offer free first-month promotions for new customers. With such stiff competition, your storage units have to stand out, and one way of gaining a competitive advantage is making sure you have available units that are clean, without damage and ready to rent quickly.
Since storage unit cleanouts and cleanup can take a while, especially if you have multiple storage facilities to clean out, we advise renting a dumpster. That way, you can clean out at your pace and only pay for the period you will rent and the amount of space your junk takes up in the dumpster. Besides, it comes in handy when you don’t have a truck to transport your waste or save you the time required to make several trips to the waste management facility.
Partner With The Storage Unit Cleanout Pros in Fort Worth
As a property manager, you already have so much to do to keep your storage units in good condition, so having to deal with hauling unwanted junk will take up valuable time. We recommend getting assistance because the faster you can get the abandoned items out of the storage facility, the faster you can get another tenant to rent it. While asking friends to help with your storage facility cleanout looks like a great alternative, they are not professionals. They don’t know how to sort e-waste and haul heavy stuff, so if they injure themselves, you will have to pay their medical expenses.
At Junk King Fort Worth, our team is insured, so you don’t have to worry about digging deeper into pockets. We make storage unit cleanouts in Fort Worth hassle-free in every aspect. Besides providing you with a standard two-man moving team, we do everything possible to keep the charge at a minimum. Our red trucks are big enough to haul as many storage boxes you want to be taken away as possible. We charge depending on the space your junk takes up, so we stuck them up high to keep the fees minimal.
Since we want you back in business at the earliest convenience, we have a two-hour appointment window; sometimes, we only take 15 minutes to haul your junk away. At Junk King, we offer you the choice between self-service or full-service because customer satisfaction is paramount to us. Contact us today for the best storage facility cleanout in Fort Worth.