- Joined
- Mar 6, 2019
- Messages
- 116
Rep Bank
$605
$605
User Power: 141%
In my immediate area, in a growing 60,000 pop. town, there are about 6 commercial/office spaces ranging from about 1200 sq ft to 3000 (with finished walls, and flooring but otherwise gutted) that have been sitting there empty advertising lease availability for 2+ years. At the same time, there is also unmet demand for good, small office space, those that are available (and in good shape) are snapped up quickly at relatively high prices. With my wife being an office designer by trade-I'm sure you all see this coming- my thought is to lease the space with a tenant improvement allowance and sublet rights, invest in creating a space that is appealing and sublease the 'new' office. After doing initial research and running some quick numbers, this feels like a potential winner which could provide some solid, passive cash flow without a large capital commitment. It's been done on a larger scale in bigger markets and it feels translateable to here with small businesses and solo practitioners.
What am I missing?
What am I missing?
Dislike ads? Become a Fastlane member:
Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)
Membership Required: Upgrade to Expose Nearly 1,000,000 Posts
Ready to Unleash the Millionaire Entrepreneur in You?
Become a member of the Fastlane Forum, the private community founded by best-selling author and multi-millionaire entrepreneur MJ DeMarco. Since 2007, MJ DeMarco has poured his heart and soul into the Fastlane Forum, helping entrepreneurs reclaim their time, win their financial freedom, and live their best life.
With more than 39,000 posts packed with insights, strategies, and advice, you’re not just a member—you’re stepping into MJ’s inner-circle, a place where you’ll never be left alone.
Become a member and gain immediate access to...
- Active Community: Ever join a community only to find it DEAD? Not at Fastlane! As you can see from our home page, life-changing content is posted dozens of times daily.
- Exclusive Insights: Direct access to MJ DeMarco’s daily contributions and wisdom.
- Powerful Networking Opportunities: Connect with a diverse group of successful entrepreneurs who can offer mentorship, collaboration, and opportunities.
- Proven Strategies: Learn from the best in the business, with actionable advice and strategies that can accelerate your success.
"You are the average of the five people you surround yourself with the most..."
Who are you surrounding yourself with? Surround yourself with millionaire success. Join Fastlane today!
Join Today