The Storage Business Owners Alliance (SBOA) Continues to Grow with the Addition of Two Alliance Partners

SBOA welcomes New Partners

August 2, 2022 – (Birmingham, MI) – The Storage Business Owners Alliance [SBOA], the leading national alliance of self-storage owners and operators, announced the addition of two new alliance partners: AI Lean and Cost Segregation Services Inc. (CSSI). These new alliance partners have been vetted by the SBOA team as industry-leading vendors and each will offer an exclusive discount to SBOA members. The SBOA strives to find partners that can help smaller, independent owners and operators save time and money, create operational efficiencies, grow revenue, and increase profitability. 

AI Lean

AI Lean is the leading all-in-one technology for processing liens to auctions and increasing collection rates from delinquent accounts while expediting debt occupancy. The lien and auction process is painful, costly, time-consuming, and ridden with compliance-related risks for self-storage owners. With the AI Lean solution, you are able to adopt a better way to manage tenant communication regarding your lien to the auction process, collect your cash, and better your P&L while simultaneously increasing your NOI.

Cost Segregation Services Inc. (CSSI)

CSSI has saved commercial property owners and taxpayers millions through accelerated depreciation and repair regulations studies and has completed over 30,000 studies since 2003. Cost segregation is the method of re-classifying components of your commercial building from real property to personal property. This process allows the assets to be depreciated on a 5-,7-, or 15-year schedule instead of the traditional 27.5-or 39-year depreciation schedule of real property. Thus, your current taxable income will be greatly reduced, and your cash flow could increase by 5-8% of your buildings cost.

The SBOA Savings Program

“The SBOA keeps our members best interest in mind when we source new alliance partners. We believe the addition of AI Lean and CSSI to our savings program roster will be beneficial for our members,” said SBOA Vice President Jessica Johnson. “I am excited to work with each of these companies and their respective teams. The CSSI team literally saved us millions from the cost segregation studies they conducted on our facilities. And, with the advancement of technology and automation in the self-storage industry we believe companies like AI Lean truly help create operational efficiencies and cost savings for owners.”

The SBOA is continuing to meet with new potential Alliance partners for their members and hopes to introduce more partnerships soon. SBOA membership is currently free to self-storage owners and operators. For more information about the SBOA, membership, upcoming events, or becoming an alliance partner visit https://thesboa.com/ or call 248-254-9000.

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