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Self Storage Philippines
Top Self Storage Benefits Every Person Should Know In Philippines
October 4, 2022
rent out storage space
A First-Timer’s Guide To List A Storage Unit With Leeveit
October 21, 2022

6 Things To Know Before Renting A Storage Space

October 13, 2022
storage space for business

Do you need some extra space? Rent a storage unit without investing much!

Reading this may have been both ebbs and flow for you. This is because you may be excited to know that you can access more space without investing much. However, simultaneously, you may revolve around questions like how you can find the best storage space for business, what you need to look for before renting a storage unit, and so on. Do not worry. We are here for your rescue. Because Leeveit not only offers the finest platform for keepers and renters but also provides the best advice to their customers.

So, continue reading if you want to rent the best storage space for business, essential documents, or any other purpose.

Let’s start!

6 Things To Remember Before Renting A Storage Space

  1. The Contract
  2. What should you glimpse for in a self-storage unit?
  3. How is the price of a self-storage unit defined?
  4. Insurance
  5. Is there anything you can or can’t store in a storage unit?
  6. Access Hours

Now, let’s understand each point in a bit more detail.

The Contract

The contract for your storage space for your essentials or Airbnb for storage is critical to comprehend. Therefore, keep the following points in mind when reviewing your contract:

  • How long is the contract?
  • Are there any consequences for canceling early?
  • Is there any price rise during the rental period?
  • How does the cancellation procedure work?
  • Is the contract automatically renewed?

What should you glimpse for in a self-storage unit?

Making sure the unit you rent is safe and secure is a significant consideration, but here are a few more self-storage services to look for before you commit:

  • Accessibility

Is the facility open 24 hours a day, seven days a week? Make sure you can access your items when you need them the most.

  • Security

Locks, in-person surveillance, video monitoring, and security doors all provide safety for your valuables.

  • Pricing

To get the best bang for your buck, ask for discounts and make a note of any pricing variations in the contract.

  • Availability

If you desire a certain size or style of unit, make sure your storage facility has one available.

  • Location

While a facility closer to a city may be more convenient, it may also be more expensive. Considering how frequently you require access to your unit, weigh convenience against cost.

How is the price of a self-storage unit defined?

The cost of your storage unit may vary depending on the size of the unit and how long you intend to keep your belongings. Many self storage facilities offer month-to-month contracts, but signing up for a longer period may result in a discount.

Availability has an impact on pricing as well. If most neighboring storage facilities are already booked, you may need to spend extra. Similarly, you might get great deals if there are many unoccupied units. But with Leeveit, knowing the price is nothing like letting the cat out of the bag, as keepers mention their prices clearly while listing their spaces. 

Insurance

Insurance is crucial to consider when renting a storage unit. Your goods may be protected under your homeowner’s insurance policy, but double-checking with your insurer is always a good idea. If your essentials are not guaranteed, most self storage providers offer storage insurance.

Further, insurance is necessary for a variety of reasons. For starters, it safeguards your valuables in the case of damage or theft. When renting a self-storage facility, inquire about insurance to protect your possessions.

But, if you choose to store your things with Leeveit keepers, you need not worry about insurance. Wondering why? Well, because Leeveit takes care of their renters. We cover the stored items by giving insurance coverage of upto ₱ 1 million. 

Is there anything you can or can’t store in a storage unit?

Storage space for business, documents, furniture, clothing, etc., is designed to contain domestic and commercial items. They are not planned for use with anything tainted or hazardous. Listed below are a few items you shouldn’t store:

  • Items that are flammable or combustible
  • Hazardous substances
  • Food or bug-attracting things
  • Things that are alive (e.g., plants, animals, humans)

Access Hours

Because self-storage facilities may have limited access hours, finding one with hours that work for you is critical. You don’t want to be stranded attempting to access your unit late at night just to discover that you can’t. So, verify the access hours before renting a storage facility. Ask about the storage costs and availability of 24-hour access if you need access to your unit outside regular business hours. Don’t miss this point even if you rent an Airbnb for storage, as Airbnb’s too can have access restrictions.

These are the six essential things to note before renting a storage space. Gaping, why? If you pick the right one, you can generate passive income as well.

Make the right choice!


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