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There is a lot of pain and suffering among self-storage owners that paid too much for their facility, didn't operate it effectively, bought in the wrong location, or have been obliterated by competition. These type of situations often lead to mortgage default. So you do you buy self-storage properties in default? In this Self-Storage University podcast we're going to explore how default occurs, review how it is often addressed by banks, and discuss the steps required to buy a property in default.
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There is a lot of pain and suffering among self-storage owners that paid too much for their facility, didn't operate it effectively, bought in the wrong location, or have been obliterated by competition. These type of situations often lead to mortgage default. So you do you buy self-storage properties in default? In this Self-Storage University podcast we're going to explore how default occurs, review how it is often addressed by banks, and discuss the steps required to buy a property in default.
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