Parking Garage
Parking Garage
There’s only so much space in the city. This creates demand for additional parking. But there are parking challenges in the suburbs, too. Suburban office buildings, hospitals, and medical plazas also have parking issues.
Welcome to the world of parking garages, a profitable niche of commercial real estate. Cherif will show you how to structure your deal, finance it, and manage the property from afar!
Are you ready to go through the Nation’s most Comprehensive Commercial Real Estate Training? It’s time to start Learning and Earning with Cherif Medawar.
Parking Garages
Welcome to the world of parking garages, a profitable niche of commercial real estate. I’ll show you how to structure your deal, finance it, and manage it from afar! Consider that:
There are 240 million cars registered in the United States. Paid parking is a huge business.
Buying and selling parking spaces is relatively simple and hassle free.
Maintaining parking garages is easy.
Operating parking garages can be done through third party companies.
Added revenue potential is almost unlimited—from exterior signage to interior revenue centers like vending and car detailing.
Eviction is easy; delinquent leasers are simply not permitted access.
Paid parking is a great way to use land and produce cash flow until it is time to develop (like in a downtown location).
Many cities are eliminating the minimum required number of parking spaces for condominium developments to promote mass transit—which boosts parking leases and sales.
Manage From A Distance
A parking garage is the ultimate commercial property for an absentee owner. You simply choose a management company, and they operate everything and handle all the day-to-day hassles for you. Many parking garage owners just use remote surveillance over the Web if they want to check in on their investment from afar.
Increase The Value
There are dozens of ways to increase the value of your parking garage investment. I will cover them in my new training. Here are some examples of how you can take your asset to its highest and best use:
You’ll learn about these with my online training on Parking Garages. It covers the very latest strategies for capitalizing on this great opportunity.