Monica Main – SELF STORAGE CASH FLOW
Dear Investor,
Did you know that I have a self-storage strategy that isn’t about what you think “self-storage” is about?
After all, we all know what self-storage is, right? It’s something that looks a little bit like this…
But I’ll bet you anything that you didn’t know that you can earn a fortune with self-storage without even owning a self-storage property! In fact, guaranteed, I’ll be the FIRST and ONLY only to divulge this secret to you.
Now, I think I’m getting ahead of myself. So, let’s start with some self-storage basics:
Self-Storage is the #1 Growing Commercial Real Estate Investment in the Country
As you already know, other “commercial-commercial” properties such as retail strip malls, “big boxes,” office buildings, industrial/warehouse, etc. have suffered the wrath of the recession. And will continue to do so for a couple more years to come (at least). Once the market “comes back,” it will still be a long, arduous, and painstaking process to become a solid, cash flow, and less risky investment in real estate.
Yet in the midst of all this, self-storage is growing at an incredibly fast rate!
How fast?
About 3% to 5% annually!
Okay, that’s not “ground shattering.” Or is it?
Consider this…
Commercial-Commercial Property Investments Have Been Systematically Taking Losses of 20% to 40% PER YEAR Since 2007!
So, you consider that commercial-commercial property has been taking LOSSES each year and yet self-storage has been growing 3% to 5% per year (and higher in certain areas of the country). Now you’re starting to see the opportunity.
But who really cares about a paltry 5% growth ratio. Right?
Let’s get to the dollars and sense in what’s possible for this highly profitable industry…
Self-Storage is Growing Fast Because People are Downsizing Their Homes!
Some people are simply letting their homes go back to the bank. Many times they have to move in with Mom and Dad or go to a small affordable apartment unit. “Stuff” is an emotional psychological tie to people. People don’t want to get rid of “stuff” for a variety of reasons. There are pictures, heirlooms, old clothing, and sentimental items we just “can’t get rid of.” There are bigger things like furniture that we keep because we swear we’ll get back on top soon, get a larger home back, and we’ll need to furnish it again.
So, why not let it go in the first place?
After all, economically it WOULD be cheaper to let the crap go than spending $100 to $300 per month on a self-storage unit for YEARS to keep the stuff. But that’s not how it works when people are emotionally attached to their crap.
Eventually people get sick of paying the fee which is why reality shows like Storage Wars have become massively popular in the past year. But before they let the unit go, you could have already made a fortune off their unit!
You Can Even Make a Fortune in Places Like California, New York, Washington, and Other “Off Limits” Places for Other Types of Real Estate Deals!
The larger the population size, the higher the demand for self-storage. Southern California took a major hit with foreclosures, as did everywhere else in the country. But, California has always been a very difficult, if not impossible, place to invest in commercial and/or residential-commercial property deals…especially with NO CASH and NO CREDIT!
Self-storage is a different animal.
You can make money with self-storage in places that are impossible to get cash flows with for other types of investment real estate property deals!
How?
Because the demand is HUGE in places like Southern California, you can make a killing in self-storage while finding it next to impossible to get your foot in the door on other types of real estate deals, especially without a boatload of cash.
Even better…
You Don’t Need to “Buy” a Property to Make This Work!
This is the VERY FIRST TIME I’ve ever taught anything about real estate where you don’t have to buy a property to make money in real estate!
Okay, sure. There are “lease-options” and “owner financing” deals where you’re not really buying the property…but you’re still buying the property on paper. So I’m not saying this to try to dazzle you with a loophole in the English language.
I’m serious when I say…
This is one of the ONLY types of real estate “investing” where you can see a HUGE monthly cash flow without owning a building. (There is only ONE other type of real estate investing with commercial property that this is possible and it will be revealed later!)
Okay, back it up! How is this possible? How is it possible to make a strong cash flow in a real estate “investing” transaction without actually owning a piece of property.
It’s not a secret I’m going to reveal right now. (I can’t.)
But, I will tell you that the self-storage possibilities aren’t just limited to:
1) Buying a self-storage property that’s already functioning.
2) Building a self-storage property from scratch by buying the land, getting permits, getting a construction loan, etc.
3) Buying a building to convert to self-storage use.
Sale page: Monica Main – SELF STORAGE CASH FLOW