Wednesday, February 24, 2010

HUGE DEMAND for Self Storage!

Residential foreclosures = HUGE DEMAND for Self Storage!

Makes sense right? People need a place to store things after they lose their house.

However, Over the next 2 years there will most likely be a TON of Self Storage foreclosures and here's why...

Investors Developed and bought Self Storage Facilities with short-term debt when the market was hot a few years ago.

Now those same short-term loans are coming due and investors can't refinance...

EVEN THOUGH RENTS ARE COMING IN and they have the money to make the payments, they can't
qualify for new financing...WHY?

Because the values are less than what is owed and banks won't refinance...SIMPLE!

NOW is the time to scoop these PERFORMING properties (rents are coming in) at HUGE discounts before the values go back up again!



Listen in as Karen Hanover, CCIM and Apartment Education Institute, President shows us EXACTLY how to profit from Commercial Short Sales and Apartment Foreclosures

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