ive been mulling over the idea of buying/leasing a parking lot to generate extra incomeanyone have experience with doing this?
>>62156608My cousin did this in Philly's Chinatown. Not worth it, you're basically just waiting for a realtor to buy up the lot
>>62156608Seems wildly profitable. Free parking is almost impossible to find in European cities. They have apps now. And they made free parking extinct.
>>62156608Turn them in solar farms and sell the energy to AI data centers.
>>62156608Ahh so are parking lots the next decent investment that will be ruined by retarded normie faggots like (You)?
>>62156825The anons that post the most are rich. But every once in a while you get a very active thread with many anons with many unique ids who are not rich and talking about themselves and biz related topics. It is like how you go on /pol/ and think everyone is a rich white but then you get very active threads with many different ids and everyone is mexican. lmao
>>62156825So by your logic only normies are good with money
If it's in a good area, that would be good. If it's not, you'll have to pay for security and a groundskeeper.
>>62156896He is a redditor
>>62156912what if we used AI to unlock time!
>>62156825this idea has been posted on here since the boards inception in the occasional 'entrepreneur general' or small biz general that lands on the catalogue, right up there with vending machines and shrimp farming
>>62156608requires a good size lot near somewhere people actually go that has favorable zoning. your upfront is huge and the break even is probably 5 years.
>>62156608Get fleeced by taxes
