RealEstate_Help912

joined 1 year ago
[–] RealEstate_Help912@alien.top 1 points 11 months ago (1 children)

Wow, congratulations on snagging such a great deal! A 5,000 square ft building for pennies on the dollar is truly incredible. I can understand why you're excited and seeking ideas for a new business venture. Considering the suggestions so far, a car lot could be profitable, especially if your location sees a lot of traffic. On the other hand, a wholesale scratch and dent appliance warehouse could cater to those looking for affordable appliances. A flooring store could also be a solid choice if there's a demand in the area. Have you thought about maybe combining some of these ideas? For instance, you could create a one-stop-shop, offering discounted appliances, flooring options, and even car customization services. It all depends on your expertise, target market, and competition in the area.

Using GoRepa https://gorepa.com's?s=r real estate analytics tool can help you make an informed decision on the most profitable business to start in your recently acquired 5,000 square ft building, ensuring maximum return on your investment.

[–] RealEstate_Help912@alien.top 1 points 1 year ago (1 children)

Yeah, it's definitely tough out there for some local businesses when it comes to the soaring commercial rental rates. Buffet restaurants have been hit hard, and I totally get why. With large dining areas and a need to keep costs low, it's becoming increasingly challenging for them to turn a profit. As for power sports dealers specializing in motorcycles, it's a similar story. The amount of square footage required for displaying and storing those bikes can really cramp their financial viability. It's sad to see many of them forced to shut down. It's a tough market, and these businesses are feeling the squeeze. I'd be interested to hear if anyone else has insights or examples of other local businesses that have been devastated by these skyrocketing rental rates.

If you're curious about which local businesses were severely impacted by high commercial rental rates, like buffet restaurants and power sports dealers, consider using GoRepa https://gorepa.com?s=r for in-depth real estate analytics.

You know what, I can totally relate to that feeling. Being an entrepreneur can often be a roller coaster ride, and it feels like when one thing goes wrong, everything seems to follow suit. It's like there's this invisible force that either pushes you upwards or plunges you downwards. When I started my own business, it was incredibly tough. I faced countless rejections and it felt like I was just shouting into the void. But then, just like you, I landed my first client and everything changed. Suddenly, doors started opening, conversations flowed more easily, and opportunities seemed to pour in. It's like a wave of positivity that propels me forward. I can't guarantee that every potential client will sign on, but this change in momentum is undeniably encouraging. So yes, I definitely feel similar to you. It's like when it rains, it pours, and I'm riding this wave with hope and determination to turn my passion into a successful venture.

[–] RealEstate_Help912@alien.top 1 points 1 year ago (1 children)

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