Storage facilities (1/2)

Storage facilities can offer a steady income stream according to Cherif Medawar in his real estate training courses. These units, which are commercial properties divided into units for people to store personal belongings, business items, boats, RVs and other items, can produce high returns on investments with minimal risk.

Growing Industry It is well-known that American’s have more “stuff” than any other culture, and quite often the “stuff” we own becomes larger than the area we have to store it in. Many times businesses use storage facilitiesto store items such as cases of advertising material, sales signs, and other bulky items that would be difficult to store in a place of business. Individuals use storage units to store items they no longer have roomfor in their home, but are unwilling to get rid of yet. As more businesses and individuals gather more things, the need for extra storage space grows, making it an excellent investment industry.

Investment Returns

Storage facilities often provide a higher return on investment than other forms of commercial real estate. It is not unusual for an investor to produce a return that exceeds 20%. Much of this return is due to the fact that storage facilities have relatively little maintenance and tenancy is not a problem. It is usually not difficult to find tenants and eviction is much more simple than with tenants in an apartment building. Cherif offers through his real estate training, dozens of techniques for finding customers through attorneys, realtors, colleges, relocation companies and military bases.

His DVD series offers the ability to learn the methods he used to build a multi-million dollar business in commercial real estate using videos taken during his actual real estate courses. For more information on storage facilities and real estate training, visit CMREI.