Heres something i have been contemplating for a while....im not sure if 80k is enough( probably not) but i have been thinking of opening a DIY shop... basically open up a shop where people can come and work on their own cars... pretty much say u rent out a warehouse. put in a few stalls with lifts and a few flat stalls... supply each stall with common tool. rachet and socket sets, wrenches, hammers. u know the basics. also have other tools which the custoer can rent out... rent each stall to the customer to do their own work on their car. at a price say $15 per hour. have each customer sign waivers releiving you as the owner of any possible issues. and have a few techs around to give a hand when a customer needs it....and i mean you would get loads of customers.. i mean how many times have garage tuners ahd to take their cars to shops and pay because they dont have lifts or the proper tools.. if you supply all the toold a regular shop would have... you would have buku customers.....
also about flipping houses.... it has huge payouts because its very risky in one house you can go under hundreds of thousands of dollars... the higher the risk the higher the profit... they dont show on the tv show stuff like real estate agent fees, investor fees( if you have any)... they still get a pretty good return. especially the guys who have been doing it for a while..like the guy from SC ( i think) but its time consuming and loads of labor until you get to that point....
Reply With Quote