Owning multiple businesses - Page 2
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  1. #14
    danny x Guest
    I understand the concept of owning property, but I feel owning/renting residential property is a long term investment. And could potentially cause problems with tenants, ever increasing taxes, damage to property. and general upkeep expenses, not to mention the capital it takes to get going.
    I am trying to find more of an absentee business like a coin operated laundry mat, or women’s fitness club like curves. Perhaps even a dunkin donuts
    Anyone have any experiences to share?

    Dan

  2. #15
    Join Date
    Nov 2004
    Posts
    2,927
    Originally posted by danny x
    women’s fitness club like curves even a dunkin donuts
    I am not an astute business person,so help me with my vocabulary...

    If you put these two next door to each other,what would that be called? Is there a term for that?

  3. #16
    danny x Guest
    Originally posted by jacob perkins
    Originally posted by danny x
    women’s fitness club like curves even a dunkin donuts
    I am not an astute business person,so help me with my vocabulary...

    If you put these two next door to each other,what would that be called? Is there a term for that?
    yeah...

    good marketing

    Dan

  4. #17
    I moonlight as a purse snatcher. That is also how I get my work out.

  5. #18
    Join Date
    May 2000
    Location
    Colorado flatland native
    Posts
    15,067

    There's a car wash here

    that makes more $$$$$$ unmanned than my whole biz.
    My doctor gave me six months to live, but when I couldn't pay the bill he gave me six months more.
    Walter Matthau

  6. #19
    Join Date
    Jul 2004
    Location
    Victoria,Tx
    Posts
    6,680

    Smile danny

    I only have one rental house at this moment. I have made more than it costs me. I am looking for another one. One Tip, no renters on a septic tank or Mobile homes. Roy

  7. #20
    Join Date
    Sep 2001
    Location
    East Stroudsburg, PA
    Posts
    13,215
    I tried selling my body, but that went bankrupt.

  8. #21

    Re: There's a car wash here

    Originally posted by spotts
    that makes more $$$$$$ unmanned than my whole biz.
    My wife wants a car wash and coin laundry. I am really thinking about buying her some property and building it for her. This will be with the only understanding that the only involvement I should have is maintenance.

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