The Best Start-up Business Model in the World
Article
With Flipping single family homes a thing or the past, it’s time to examine other real-estate oriented options for more fertile territory. One area that is often overlooked is outdoor billboard media – basically big signs that advertise located on highways and roads. These old, giant players in the advertising world are suddenly becoming the darlings of media buyers the world over, and creating some exciting opportunities for aggressive individuals who are willing to play.
To enter the billboard business, all you need is a state and /or city license (which is pretty easy and cheap to obtain) and a desire to find new locations. Through “flipping” leases and permits (similar to flipping single family homes, only with virtually no risk), you can get in the business with practically no capital. Flipping billboard leases and permits can be very rewarding financially – you can earn from $5,000 to $200,000 per flip if you work hard and have some luck.
The other option is to build and operate your own billboards. Again, leverage is good with bank loans and 80% of construction costs. And billboard rents are still increasing at often over 10% per year. Over time, you can pay your billboard loan off (normal amortization periods are 7 to 10 years), and then keep the monthly income, or choose to sell to a competitor for big dollars.
With two of the Forbes 400 billboard billionaires (John Kluge and Arturo Moreno) and a host of famous folks who got their start in the industry (think Ted Turner), shouldn’t you give it some thought?
For more information on this exciting opportunity go to www.outdoorbillboard.com, or call (800) 937-6151 today!
About the Author:
Frank Rolfe started his billboard empire from his coffee table, as a fresh graduate from Stanford University. It began as a resume builder for graduate school applications, and ended with a sale to a public company 14 years later.
Using unique strategies he developed from desperate competition with much larger adversaries, Rolfe eventually owned more billboard units than any private individual in Dallas/Ft. Worth. Along the way, he fine-tuned the techniques to find billboard locations, rent advertising space, and sell signs and leases.Rolfe is the author of the Billboard Home Study Course and has also put together the only bootcamp for those looking for a crash course on the billboard industry. The Billboard Bootcamp is held twice a year in St. Louis, MO.