Author Topic: smartest move you can do in this econ is...  (Read 2492 times)

fightingquaker13

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Re: smartest move you can do in this econ is...
« Reply #10 on: July 08, 2009, 03:48:19 AM »
The same thing is happening in Fl. I was thinking about opening a small (15-20 tables tops) restaraunt. The fact is they are closing every day (reason 50 why its a bad idea but still, you don't know if you don't try). Anyway, despite all the vacant space the rents are outrageous. The problem is that the landlords bought high and are locked into mortgages. They can't give discounts, even if it does leave unsightly holes in their shopping centers, or at least so they think. To me, it seems smarter to have a business that is running and welcoming, even if you do just break even, than an empty hole that pays nothing and makes the other tennants look bad. But I'm obviousley not in the real estate business. Good luck TAB.
FQ13

Pathfinder

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Re: smartest move you can do in this econ is...
« Reply #11 on: July 08, 2009, 06:12:27 AM »
One thought is that the owners are seeing what's coming in CA - or has already hit them in the form of higher taxes and fees on anything that move, plus bhuildings, land, etc. Or they are just trying to get theirs - like Pegleg's example, where once the business was thriving they jacked the rents up. Or maybe they are just obviously clueless, like the folks here who own a building that is for sale, the only tenant closed up. I called looking to rent part of the space - no return call.

Tough news TAB, hope you can find a new, cheaper place soon.
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tombogan03884

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Re: smartest move you can do in this econ is...
« Reply #12 on: July 08, 2009, 10:42:55 AM »
needs to have a house built on it...  that requires  $$$$$.   Getting a construction loan is very hard right now, more so when your going to do a owner builder and your self employed.

If you have a Company name for your business, Don't say your building it, say it's being built by XXX company.

TAB

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Re: smartest move you can do in this econ is...
« Reply #13 on: July 08, 2009, 09:51:45 PM »
If you have a Company name for your business, Don't say your building it, say it's being built by XXX company.

It would be a felony in that state to do that...
I always break all the clay pigeons,  some times its even with lead.

 

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