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What would you do if you had a 2800sqft garage? (alien.top)

submitted 2 years ago by rebelwithoutaclaw@alien.top to c/entrepreneur@indiehackers.space

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I have a 2800sqft building attached to my house. It was commercial until the 1980s, but now its zoned residential. I am going to try to fight that, but in the meantime, lets assume it won't be zoned commercial. I'm quiting my job january 1 to fly solo and utilizing this space is an important part of the plan.

Ive thought about an Airbnb. I already have utilities and waste lines in there. I estimate I could build something for 75k and probably get 3k in gross.

Things like 3d printing, bitcoin mining, use it as a warehouse to buy and sell things from alibaba, all cross my mind but I have no experience with anything like that. So, I'm hoping for some guidance from some smart folks. If you had 2800sqft and 100k to invest, what business would you start?

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[–] AnshulYadav@alien.top 1 points 2 years ago

Here is a simple fall back plan: Rent the garage to someone who needs it. And create a fixed deposit on the 100k you have.

I am not saying you should follow it. But you can find out the returns on this risk free plan and then compare the risk and return potential of all other plans you come up with.

Now, don't pick any plan that is not substantially better this default.