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- Aug 18, 2011
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I would say it sure could be although i am not too concerned about it being truly fastlane, the way I look at it a 6figure cashflow and paying off a sellable asset sounds good esspecially with a 50%-100% rate of return on my money ( percentages lower with real estate). Plus I have a few ideas on how to generate some additional revenue that could potentially be pretty lucrative. If I buy one station doing 6 figures pay it off in 3 years then buy another one, rinse and repeat I would be making some nice bank. Or I could buy the station with the land, pay it off then rent the station to somebody else. I could also buy a station big enough for a fastfood joint then start a potentially franchisable restaurant idea I have had rolling around in my head. Or I could pay the land off, demo the station, and put up a highrise or other commercial space assuming the area was nice enough to warrant such a thing.
I deffenitially dont have my heart set on it but it seems like it could be a decently profitable proposition with some nice exit opportunities.
I deffenitially dont have my heart set on it but it seems like it could be a decently profitable proposition with some nice exit opportunities.