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Buying land vs investing into the stock market?
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My wife and I are unsure of what to do now that we are debt free. I believe we should be investing into the stock market because we can see our money grow over time but she is stuck on buying land first. We can budget 10k/month toward investing so if we do buy land it will push back our investing by a close to two years. Anyone have any input on on buying land vs investing into the market?
Top Comment:
What would you do with the land? What do you think your return on your money be after all your expenses? How does that compare to what you think you'd get in the stock market long-term?
The #Lions land one of the top backs on the market. It's a 3-year deal worth $18M, source said.
Main Post: The #Lions land one of the top backs on the market. It's a 3-year deal worth $18M, source said.
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This is about what I expected Jamaal for and David is only 25. This is a solid signing. Gonna miss Jamaal but this is really good
Help! I want to open a flea-market, but I need land. Do I lease, do I buy, or do I create an eligible passive company?
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Hello everyone.This is my first time posting.
I've seen so many people get help and great advice here on Reddit so I wanted to give it a try. Heads up, I tend to write a lot, sometimes including irrelevant details, but I just want to make sure I give y'all enough information. And if y'all know any other subreddits where I could cross post, please let me know.
I want to open a flea-market.
I live in Texas and there are a few big flea markets in my area. Despite the lack of upkeep on these flea-markets, they have so many shoppers. I want to do what they do, but I want to do it better.
I've done some research and the big flea markets in my area average about 20 acres, about 7 of those acres being for parking alone.
So, I need land. Ideally I'd want 20 acres, but I think I could make it work with 10 acres, with about 4 of those acres being for parking. The thing is, I am not sure how to go about this. I know I could lease or I could buy, but I really need y'alls help on determining which would be more beneficial. Pros and cons, that kind of thing. I am sure there are a few of you that have done this and I would love to learn from your experiences.
I also want to mention that I did some research and found out about something called an “eligible passive company” when it comes to SBA financing. I don't understand it completely, most research I did on this was taking me to attorney’s websites and the SBA website. I assume it's a complicated legal process. If I understood it correctly, the gist is that I would have two separate companies, one that would purchase land with the help of an SBA loan, and this company would lease the land to the actual flea market company. I learned that the eligible passive company cannot charge more in the lease than what the loan payment is plus administrative fees.
But I am not sure why someone would structure a business this way? Are there benefits to doing this as opposed to straight up leasing from a third party, or straight up buying the land under the flea market company? It seems to me like this process allows me to, both, buy the land and lease it to myself. Is it easier to get an SBA loan to purchase land if I structured it this way?
Now, if I decide to LEASE from a third party, any financing would primarily go to building the flea-market’s infrastructure. Booths, parking lot, sidewalks, restrooms, office building, etc.
If I decide to BUY directly under flea market company, the financing would go to the purchase of the land PLUS the infrastructure.
If I decide to go the route of an ELIGIBLE PASSIVE COMPANY, how would that work? Would the eligible passive company apply for a loan to purchase the land AND build the infrastructure? And then the flea-market company lease the land once it's complete? Or would the flea-market company have to apply for a separate loan to build the infrastructure? And what happens if the flea market company fails and can no longer make lease payments? Is the eligible passive company free to lease the land to someone else in order to continue making the loan payments, or does it go down along with the flea-market company?
I have been wondering on this for a few months and I would really appreciate if someone familiar with SBA loans and “eligible passive companies” would shed light on this.
I have a BBA in Finance, so don't be afraid to get too technical.
I do have more questions regarding other aspects of starting this business, but acquiring the land seems the most important aspect at the moment and I don't want to make this post any longer. I will be back though.
I do want to take a few more lines to proactively thank all of you and your help.You all make Reddit a great reservoir of knowledge. Thank you and keep it up!
Top Comment:
Can't answer your financing questions, you'll need to speak to an accountant. And since you need to go there anyway, might as well go directly. But the general answer is, you're probably going to be better off just doing whatever is the most straightforward. All these constructs don't normally do anything in most general cases.
As for buying vs. leasing, the correct answer is lease. You're starting a business that is NOT land ownership. Keep your money for something other than buying land, keep your upfront costs low, and your options open. Something as substantial as buying land conflicts with every single one of those basic principles.
Find some land rental, take as small as you possible can, and find some place that has opportunity for growth. Don't start full blown, start small and grow.
Justgo market on hwy6 sugar land has a lot of water bottle and fresh produce
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They just unload the truck. In case anyone in Sugarland still looking for food, water, milk and such.
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Thank you
TIL that, despite its free-market image, all the land in Singapore is owned by the government, and 85 percent of housing is supplied by the government’s own housing corporation. 22 percent of GDP is produced by state-owned enterprises (including Singapore Airlines).
Main Post: TIL that, despite its free-market image, all the land in Singapore is owned by the government, and 85 percent of housing is supplied by the government’s own housing corporation. 22 percent of GDP is produced by state-owned enterprises (including Singapore Airlines).
Top Comment: Singapore is one of those amazing places where policywise they get so much right but something just feels terribly off.
what are the odds that the land cruiser ROX will become a real car on the market
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this car looks like a dream come true, anyone know if I should hold onto the dream or let it go? i’m completely new to cars and stuff like that so please be patient with me!
Top Comment: Probably somewhere between zero and not a chance