Best Recessionary Business

Rental Properties

All theese people loosing their homes in forclosure have to live somwhere.

Any other type of "maintain" vs. buy new business.
 
Rental Properties

All theese people loosing their homes in forclosure have to live somwhere.

Any other type of "maintain" vs. buy new business.

Examples??? Really, I want to know what is working now. I have some rental homes, what else is working?
 
Examples??? Really, I want to know what is working now. I have some rental homes, what else is working?


I have several example of buy-and-rent clients. I am dealing with 3 right now buying in certain older areas for $70-80k. Putting in $5-10k in cosmetics and renting for $1300-$1800 depending on the rooms. Not to mention the one that is buying same price range, doing same repairs, and reselling for $10-25k profit in a short time.

I also can assure you that the rental market in S. Fla is crazy. I have been chasing an nicer rental home for a client for 2+ weeks. Everytime we make an offer it's either rented, or someone offers more.

My new site almost live. I will let you know TommyGun.
 
I have several example of buy-and-rent clients. I am dealing with 3 right now buying in certain older areas for $70-80k. Putting in $5-10k in cosmetics and renting for $1300-$1800 depending on the rooms. Not to mention the one that is buying same price range, doing same repairs, and reselling for $10-25k profit in a short time.

I also can assure you that the rental market in S. Fla is crazy. I have been chasing an nicer rental home for a client for 2+ weeks. Everytime we make an offer it's either rented, or someone offers more.

My new site almost live. I will let you know TommyGun.

Put me on that list too. :drool5:
 
Will do.

For the record, I don't call this the turn-around, I call it an opportunity. Grab the better properties now, everyone will be trying to later.
 
We own a carpet/upholstery cleaning janitorials, supplier of paper products (paper towels chemicals etc), waxes etc and our buiness is thankfully doing very well.
 
My new printing biz is doing well. seems people need signs and advertising to go out of business too.:boxing_smiley:
 
Careful with auto repair, we are seeing a lot of shops starving and doing anything to survive.
 
My dad's restaurant seems to be doing welll...it's not an upscale place, just your burger and beer type joint with a real loyal following. People in this area are cutting out the caviar and champagne, but don't mind "splurging" on burgers and a pitcher of beer. His place is going to be featured on Diners Drive Ins and Dives in May I beleive, will have to let everyone know when it is on. Business should go up after that as well.
 
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