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07 Feb 2022

RV and Boat Storage Becoming Mainstream – Do Not Miss the Opportunity


Jim Chiswell

Managing Partner

Having worked in the [self storage industry](https://www.radiusplus.com/keyword/self storage industry) for the past forty years, I have a rather unique perspective on how this great business of ours has expanded and evolved. I have watched as our industry transitioned from Mini Warehousing to Mini Storage and now most facilities call themselves [Self Storage](https://www.radiusplus.com/keyword/self storage industry) as we have arrived as a mainstream service business for the millions of customers that rent from us coast-to-coast. The publicly traded [Self Storage REITs](https://www.radiusplus.com/keyword/self storage reits) have continued to outperform virtually every other real estate asset class.

I can remember a [Florida facility](https://www.radiusplus.com/keyword/florida facility) manager asking me years ago if we could build a building with air conditioned units because she kept getting potential customers asking for them. At about the same time, we installed our first security cameras and a computer-controlled entry gate to actually have security instead of just claiming our disk locks were all the protection that was needed.

I am now seeing another shift coming that I wanted to take this opportunity to highlight and encourage your consideration. [RV & boat storage](https://www.radiusplus.com/keyword/rv & boat storage) started as Owners and Managers doing friends favors by letting them park their vehicles and boat trailers in open areas around the facility. ...

This is ushering in, in my opinion, a coming boom in [RV & boat storage](https://www.radiusplus.com/keyword/rv & boat storage) needs from coast-to-coast.

Make no mistake, renting spaces for RV & boat parking is not the same as a traditional self storage space. The [Texas Self Storage Association](https://www.radiusplus.com/keyword/texas self storage association) recognized this reality several years ago when they had a specific "[Vehicle, Trailer or Boat Self Storage Rental Agreement](https://www.radiusplus.com/keyword/vehicle trailer or boat self storage rental agreement)" prepared for member use across Texas. That Agreement "contains numerous additional protections".

An entire new trade association, called [Toy Storage Nation](https://www.radiusplus.com/keyword/toy storage nation), has now emerged to support and encourage this industry segment.

So, as you read this article, take a moment to consider the possibility that RV & boat storage could provide you with your next entrepreneurial venture with a potential big payday at the end of the rainbow...

Jim Chiswell, has been involved in the [self storage industry](https://www.radiusplus.com/keyword/self storage industry) for over 40 years and started his industry consulting firm in 1990. ... You can reach Jim at www.selfstorageconsulting.com / 434-825-4204 / chiswell@earthlink.net

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