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    Best Recessionary Business
    #1
    Charter Member Tommy Gun's Avatar
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    Who busy and making $$$ in this business environment????

    Auto Parts / Repair?

    Fast Food?

    Jewlery?
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    #2
    Registered Cain8768's Avatar
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    Real Estate!

    Interest rates are low and foreclosures are cheap. I buy and rent out.
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    #3
    Founding Member Tony's Avatar
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    Rental Properties

    All theese people loosing their homes in forclosure have to live somwhere.

    Any other type of "maintain" vs. buy new business.
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    #4
    Charter Member Tommy Gun's Avatar
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    Quote Originally Posted by Tony View Post
    Rental Properties

    All theese people loosing their homes in forclosure have to live somwhere.

    Any other type of "maintain" vs. buy new business.
    Examples??? Really, I want to know what is working now. I have some rental homes, what else is working?
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    #5
    Charter Member Cash Bar's Avatar
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    Quote Originally Posted by Tommy Gun View Post
    Examples??? Really, I want to know what is working now. I have some rental homes, what else is working?

    I have several example of buy-and-rent clients. I am dealing with 3 right now buying in certain older areas for $70-80k. Putting in $5-10k in cosmetics and renting for $1300-$1800 depending on the rooms. Not to mention the one that is buying same price range, doing same repairs, and reselling for $10-25k profit in a short time.

    I also can assure you that the rental market in S. Fla is crazy. I have been chasing an nicer rental home for a client for 2+ weeks. Everytime we make an offer it's either rented, or someone offers more.

    My new site almost live. I will let you know TommyGun.
    Treat every situation like a dog, if you can't eat it or hump it, piss on it and walk away.
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    #6
    Founding Member / Contributor 2112's Avatar
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    Socialist Republic of Washington State
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    Quote Originally Posted by Cash Bar View Post
    I have several example of buy-and-rent clients. I am dealing with 3 right now buying in certain older areas for $70-80k. Putting in $5-10k in cosmetics and renting for $1300-$1800 depending on the rooms. Not to mention the one that is buying same price range, doing same repairs, and reselling for $10-25k profit in a short time.

    I also can assure you that the rental market in S. Fla is crazy. I have been chasing an nicer rental home for a client for 2+ weeks. Everytime we make an offer it's either rented, or someone offers more.

    My new site almost live. I will let you know TommyGun.
    Put me on that list too.
    32' Fever (Off to Syracuse) and 36"Gladiator; FORD powered
    Cause somebody has to!
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    #7
    Charter Member Cash Bar's Avatar
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    Will do.

    For the record, I don't call this the turn-around, I call it an opportunity. Grab the better properties now, everyone will be trying to later.
    Treat every situation like a dog, if you can't eat it or hump it, piss on it and walk away.
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    #8
    Registered TIKI's Avatar
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    I would think the repo guys are doing well now.
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    #9
    Contributor ChiefApache's Avatar
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    We own a carpet/upholstery cleaning janitorials, supplier of paper products (paper towels chemicals etc), waxes etc and our buiness is thankfully doing very well.
    Queen of Bammin'
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    #10
    Registered VetteLT193's Avatar
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    Tallahassee, FL
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    My new printing biz is doing well. seems people need signs and advertising to go out of business too.
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    #11
    Founding Member / Super Moderator Ratickle's Avatar
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    Quote Originally Posted by VetteLT193 View Post
    My new printing biz is doing well. seems people need signs and advertising to go out of business too.
    Not sure that's a good thing, but congratulations...
    Getting bad advice is unfortunate, taking bad advice is a Serious matter!!
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    #12
    Founding Member Wrinkleface's Avatar
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    Hookers!!!!
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    #13
    Registered MattBMiller's Avatar
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    My uncle owns an auto/RV repair and towing company and is slammed right now.
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    #14
    Bankruptcy attorney

    Repo man

    Hooker. . . cheap hooker
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    #15
    Oh, I almost forgot. . . Process Server
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    #16
    Charter Member phragle's Avatar
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    Serious is the BOMB!
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    medical..... pretty much unaffected.
    P-4077 "The Swamp" S.B.Y.C. and Michigan medboat mothership
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    #17
    Careful with auto repair, we are seeing a lot of shops starving and doing anything to survive.
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    #18
    Registered Ridin Hood's Avatar
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    Home Health!! The population is getting older!!
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    #19
    Registered Big Time's Avatar
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    My dad's restaurant seems to be doing welll...it's not an upscale place, just your burger and beer type joint with a real loyal following. People in this area are cutting out the caviar and champagne, but don't mind "splurging" on burgers and a pitcher of beer. His place is going to be featured on Diners Drive Ins and Dives in May I beleive, will have to let everyone know when it is on. Business should go up after that as well.
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    #20
    Charter Member Tommy Gun's Avatar
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    Quote Originally Posted by Ridin Hood View Post
    Home Health!! The population is getting older!!
    I see there are alot of home health franchises...is this what you're speaking of?
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