Beverly Hills, CA (PRWEB) February 18, 2010
Karen Hanover, CCREA wins award for her real estate investing course, “Commercial Foreclosures and Short Sales.”
The Certified Commercial Real Estate Advisory Board, the national authoritative organization responsible for the certification of commercial real estate professionals proudly announces the award of Best Educational Course to Karen Hanover, CEO of the Commercial Investment Education Institute and CommercialInvestmentEducation.com http://www.CommercialInvestmentEducation.com for her course “Commercial Foreclosures and Short Sales.” This content rich course for both novice and seasoned investors is recognized as the leading industry authority on commercial and apartment foreclosures, along with creative financing for its real world strategies taught in a friendly and easy to understand manner.
“I am both honored and humbled to receive such a prestigious award from such a prestigious organization.” said Karen Hanover, CEO of Commercial Investment Education Institute, LLC, and CommercialInvestmentEducation.com . “It is rewarding to be recognized for my hard work as I strive to create valuable, real-world education for investors wanting to create wealth buying commercial property. It’s important that the information I teach be applicable in the real world.”
Karen states, “Many real estate investors never take their investing to the next level by moving into apartments and commercial real estate. Instead, they continue to invest in single family homes never realizing how easy, more profitable and less risky it is to buy commercial property.
When asked why people continue to invest in residential property instead of commercial, Karen said, “People stick with what they know and within their comfort zone. Commercial real estate has always been somewhat of a mystery. People assume they need a lot of money to buy commercial real estate or that it is complicated. It’s ironic because it’s actually easier to buy an apartment building than a single-family home. You can often get in with little or nothing down. It’s also much more profitable and less risky. When you realize that the professional real estate investors buy commercial, you have to ask yourself what they know that you don’t. That is why I created this course. Commercial real estate is purchased for the huge cash flows generated for the investor. Bought correctly, these buildings cash flow from day one and provide a steady flow of income year after year. It’s less risky because investors profit from the cash flows regardless of market conditions and can actually create property appreciation in a down market like we’re currently experiencing. Other investors choose to improve properties to be able to increase cash flow and consequently the property’s value. It’s truly incredible.”
“Right now is a tremendous opportunity for investors as there is a tidal wave of commercial foreclosures and short sales on the horizon despite strong operating fundamentals. Let that sink in… The properties are performing well, yet they are headed into foreclosure. Go figure! I offer a free course on my website which explains the reasons. Additionally, single-family foreclosures are driving people back into apartment living thereby increasing demand and driving up both rents and occupancy levels.
Combined with low interest rates and lack of capital for new construction thus constraining supply, and the fact that sellers are in a creative deal making mood, the perfect storm exists for profitable commercial investing. Buying commercial foreclosures and short sales is definitely the best way to go. But investors will need to act quickly before the economy turns around as experts predict in the second quarter of 2010 or early 2011. Many mega-millionaires will be made during this economic downturn just as in downturns of the past. I am buying everything I can."
For additional information on the news that is the subject of this release contact Suzanne Bennett below.
About Certified Commercial Real Estate Advisory Board (CCREA):
The Certified Commercial Real Estate Advisory Board is a nationally recognized organization responsible for providing education and certification for professionals in commercial real estate. Requiring over 500 hours of stringent, graduate level curriculum, the CCREA designation is known in the industry as the most prestigious credential for commercial real estate professionals, often cited as the equivalent of a PhD in commercial real estate.
Michael Drapeau, COO