Dane Elefante

COO, husband, dad, lifelong learner. Self Storage Management, Acquisitions, Development & Consulting. You will know me by my tweets.

[Dane Elefante @DaneElefante]

Il meglio è l'inimico del bene - Perfect is the enemy of good.- Italian Proverb

[Dane Elefante @DaneElefante]

@DeportEveryone I lived a mile from there. Always wondered how many pickle jars I could’ve pelted him with while on a slow and measured retreat.

[Dane Elefante @DaneElefante]

@voidedintern “That will be $3.50”

[Dane Elefante @DaneElefante]

This is so true, lol.

[Bryan Bischof fka Dr. Donut @BEBischof]

too real

[Bryan Bischof fka Dr. Donut @BEBischof]

too real

[Dane Elefante @DaneElefante]

@tejessrivalsan Sorry, but I can’t support Big Viper

[Dane Elefante @DaneElefante]

@Bernstein This was literally me tonight.

[Dane Elefante @DaneElefante]

 I know I’m late to the party in posting this but we all know it’s true.

[Dane Elefante @DaneElefante]

Google is forecasting year over year growth in search for self storage in 2026. January was very strong in most of my markets but it’s too early to tell if this trend will continue.

[Dane Elefante @DaneElefante]

Rate management in the self storage industry is not very well understood or explained. We are a seasonal industry, so you have to remember that (generally) prices are lower Aug-Jan and higher Mar-June. A rent increase will look different for someone who rented in June vs Nov.

[Dane Elefante @DaneElefante]

Get a Doona, it is amazing. It’s a car seat (with and without a base) that converts to a stroller. Some restaurants don’t allow strollers so you just convert it back to a car seat in seconds by retracting the wheels. We are on our third and it’s so much better than anything we’ve used before. Wish I knew about it before.

[Dane Elefante @DaneElefante]

Wondering what I should do with the information my doggy daycare just gave me…

[Dane Elefante @DaneElefante]

@codemancmc Agreed. I wrote this earlier while multitasking. Tariffs would slow things down but ultimately bring investment into the country and help build a stronger economy moving forward. However the short term impacts could be a mix of inflation and slowing economy.

[Dane Elefante @DaneElefante]

@houmanhemmati This is done in Laguna Beach, Ca. They are used for clearing brush in hard to reach areas of the hillsides. You can spot them if you’re around at the right time.

[investingLive @investingLive_]

The US pending home sales index just broke the pandemic low and is now at the worst ever level.

[StripMallGuy @realEstateTrent]

Spent the last two days with 40 other real estate fund managers, many of whom have raised over $500M+ over multiple funds.

Everyone spoke very candidly.

Here are some takeaways:

[Jay Parsons @jayparsons]

Remarkable stat from Invitation Homes' earnings call:

In cases of a move-out due to "lease compliance" (much of which are likely non-paying residents), it costs 50% more to clean/repair/prep the rental home for the next resident versus a standard move-out.

[Dane Elefante @DaneElefante]

@adampollock Thanks! I made this and loved it. Adding it to the arsenal.

[Danielle DiMartino Booth @DiMartinoBooth]

#PowellPowerless

Econ 101 Durables Goods: Items that satisfy a WANT

From yesterday’s #DailyFeather

“The -4.1% YoY decline in CPI for durable goods has no match. In nearly 90 years of @BLS_gov data, we’ve yet to see the depths of goods deflation in our midst today”

#QIResearch

[Dane Elefante @DaneElefante]

@sweatystartup I think what some people don’t understand is the difference between portfolio occupancy and same-store occupancy. Stores in lease-up can weigh down portfolio occupancy. I’m assuming a lot of your properties are in lease-up—hence the 67% portfolio occupancy.

[Dane Elefante @DaneElefante]

@loganzuber17 Reverse sear. 1. Season 2. Put in oven (225) for 50mins. 3. Heat grill as hot as possible and sear for 2.5-3 minutes each side. Steak is cooked by oven, sear is for flavor and look.