Hi, I’m Magen Smith...

I am a CPA, and I work exclusively with self storage business owners.

I love to work with self storage business owners who:

  • Care about their business. My favorite customers are the ones who want their business to be successful and understands that takes work. 
  • Want to be successful. Storage owners who want to learn, grow and improve are some of my favorite people. 
  • Value Improvement. I am always looking for ways to make things better. More money, less time, better processes. I love to work with owners who have the same value.

Are you this owner? Let's talk

The self storage industry has changed. It's becoming more competitive, rates are getting squeezed, technology is increasing so fast it makes your head spin and most properties still only have one manager. 

As the “Self Storage CPA",  I started my firm to help self storage owners. That means a few different things:

  • Accounting. I handle the day to day accounting for self storage properties. That means recording income and expenses, reconciling accounts and providing financials. 
  • Consulting. I take my years of experience, listen to your story and give recommendations. Every business is unique and every owner has different needs. We work together to find out what works for you. 
  • Self storage auditing. Reviewing the operations of a property to find the gaps is one of my favorite things to do. We spend time and discuss how you like your business to run then dig to see if that is reality. It's so much more than checking locks. 

If you want to improve your facility and aren't sure how to do it, you are in the right place.  


I know the storage business from the inside out and love to help others succeed.

How It All Began

In 2006, I became the manager of a brand new self-storage business, and the owners had no storage experience.

I set up all the marketing, pricing, referral programs, policies, and procedures for the company. My degree in accounting and marketing helped create a profitable self storage business.

It was extremely rewarding but I wanted to do more. I wanted to help other self storage businesses thrive.

To make this happen, I obtained my CPA license and created Magen Smith CPA, LLC, with the goal of helping other business owners grow their self storage businesses.

Today, I own self storage properties and run a management company tasked with handling the day to day issues of storage. I am in the trenches just like you. I know how hard it is to find good staff, how stressful it can be to raise rates and set pricing and what it feels like to wonder what your managers are doing when you aren't there. I get it. 

Who Do I Work Best With

I work best with owners who have a desire to change something in their business (increase occupancy, increase revenue, decrease delinquencies) but aren’t quite sure how to change it.

As an owner, you might not have the time or even the knowledge to help your managers improve your business.

Don’t hire a management company and write a check for 6% of gross revenue every month. I can help you to be involved in the business to the extent that you’d like while keeping that 6% in your bank account.

Because I was once in the manager’s shoes, am currently in the owner's shoes and have worked with self storage business owners across the country, I can bring a combined business and accounting perspective into your business that you can’t get anywhere else.  

Ready to contact me?

You can also email me at [email protected] or click below to fill out the contact form.

Here are some things that you should know about me:

 

  • I don’t do taxes.  If you need tax help, I can help find you someone, but it won’t be me.
  • I get really involved. When I am on your team, I tend to question things. I want to make sure that we are thinking about every angle and every opportunity to make your business better. I will think about your company at night and worry about how to make it better. When I work with someone, I treat their company like it is my own because I want you to succeed.
  • I don’t accept many clients. Because I get so involved and because I am the only person in my business, I don’t have space for many clients. This means that you will get more attention from me, but it also means that I am not the cheapest option out there. When you hire me, you get quality attention, and lots of it.
  • I have a sense of humor and like to enjoy my work. I hope you are someone that can appreciate a joke and a casual conversation. If you are in a suit all the time and expect me to be as well, we probably won’t get along. But if you value open and honest communication, you are in the right place.
  • I love what I do.  The self-storage industry is personal to me. When I held the position  of a storage manager, I had to solve new problems every day and was able to meet amazing new people and hear their stories. Now, as a CPA and self-storage consultant, I am able to help managers do their job better and help owners have a better business. This industry is full of amazing interesting people and I feel blessed to be part of it.

What folks say about me: 

"Magen filled in for our accountant during a maternity leave. The depth of her knowledge and experience (and maturity) made it a breeze. She also taught us a few tricks in SiteLink we hadn't known. Since then we've used her as a storage consultant several times when we had issues to resolve.  She's Great!" - Jack Showers, Storage Max

 

“Magen gave me peace of mind about my self storage business. She found discrepancies at the facility and helped us strategize stronger processes to ensure that our rentals are being handled properly. Now, I know that all my money has been deposited into my bank and that my business is growing. Thank you, Magen.”   - Ronald Fremin, Fremin Climate Control

Ready to contact me?

You can also email me at [email protected] or click below to fill out the contact form.

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