when to buy land/shop for your service business (HALF ACRE!)
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- เผยแพร่เมื่อ 22 ส.ค. 2024
- RENT vs BUY shop space for your service business!
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![Why Most Businesses Fail to Break the $500K Mark [Warning!]](http://i.ytimg.com/vi/bB0N1CpltRU/mqdefault.jpg)
I have no intention of going into lawn care. I have no intention of building a franchise system. I am from a totally different part of the world. But damn Mike, your energy and passion are addictive. I have been binge-watching your videos for days now and finally managed to sit down and get some things for my TH-cam channels going. Thank you!
Where are you from?
@@kennethalynn Germany
Camera man breathing heavy af.
😂😂😂
lol we had just finished a long trail run. It’s Marcus.
@ry cn #triggered 😦
Bro sound like Darth Vader 🤣
I bought 2.5 acres and was lucky the seller held the mortgage for me. Its paid off and one of the best decisions I have made.
I bought 10 acres 35 years ago on a land contract. I paid that off and my wife and I built our first house on it. In hindsight there is some risk with that. If the seller dies or goes bankrupt it can be difficult getting the property.
Right To Farm laws vary from state to state but a lot of lawn care/landscape companies use it to get by zoning ordinances. Buy 5 acres, put up a pole barn and plant 4 acres of landscape type trees. Run your lawn business out of the building and maintain your “tree farm” at the same time.
$100,000 for a half acre? Holy cow. I just bought a full acre in Michigan for $2500 and it's part of a beautiful lake association
Where in Michigan? I have an Augusta franchise in Fenton Michigan
@@kennethalynn Candian Lakes.
I have an Augusta Franchise in Grand Rapids Michigan 😜 This is Tyler.
I always key to the instructions of my financial advisor carthy very feasible.make over 6 or even 7 figures in few months,
Fidel peter carthy...you can check her on the internet
To pull off what your talking about here would take 3-5 acres and fewer neighbors. Once you start dumping brush the Neighbors will bitch. In this situation I’d still find a place to dispose of debris. Part of the dump fee is processing the material to resell it. On a half acre you’re going to have to deal with a big brush pile at some point. Burning it with neighbors that close won’t go over well.
I’ve been wanting to learn more about this for a while. Thanks.
Only in some counties. I could not by a 5×5 lot in los Angeles. No more land left 😂
1:32 Getting distracted by the heavy breathing from behind the camera.
lol we had just finished a long trail run. It’s Marcus.
$100,000 for a half acre lot that lot is only worth $2,500 to $10,000 in northern Michigan just depends on what county it's funny how things are so different and Michigan is a really nice state we have lakes every few miles
Western Canada these are 450k and that's on the outskirts
I have an Augusta franchise in Fenton Michigan
Buying a property and hoping the neighbors wont turn you in. Not sure i would take that risk
I agree. It’s shocking that he’s advising this. He’s bored 😊
Did you watch till the end? I could make this a rental property
@@MikeAndes yes, I think it works for your situation and mindset but not many are able or willing to get a half million dollar loan to protect 100k investment.
@@MikeAndes Yes watched thank you for all they great videos. Would love to see a video on how Augusta handles non paying customers. We are getting a lot more customers not paying at end of month saying guys never showed up and so on thanks again
Camera man outta breath haha
lol thought you was working out with all that moving 😄
Unmatched content.
🙏🏼🙏🏼 thank u
You can definitely get a loan for blank land. I’m a realtor and sell land and ranches everyday.
I always key to the instructions of my financial advisor carthy very feasible.make over 6 or even 7 figures in few months,
Fidel peter carthy..you can check her on the internet
Damn 100k could buy a house 😂😂 my friend got a half acre for 6k 😂😂
Thanks for making this!
-Riley
So what happens when the nighbors complain? I was dumping on my property and the neighbor raised a stink with the county. We had to stop. The county started a lawsuit and wanted an environments impact statement. This is on 5 acres in the country. We currently rent a location for $1200 per month.
I always key to the instructions of my financial advisor carthy very feasible.make over 6 or even 7 figures in few months,
Fidel peter carthy...you can check her on the internet
Whys your camera man so out of breath
lol we had just finished a long trail run. It’s Marcus.
hey mike i was wondering how many new franchises you have started this year
Practical video but better if it was not hypothetical and you time lapse this video with actually taking possession of the property and then showing the improvements, and then showing the 6 months of organic debri, and then the video would be powerful!!! Basically before and after…
Don't forget about taxes! But I get it!!
Hey Mike do you think your business course would suit all service businesses? example pool care.
The MBA for Entrepreneurs Course, yes. (Link in the description).
Not the Landscape Business Course though
Thanks for the video Mike! Do you have any advice on where to find renters for commercial buildings? We recently purchased a property for our business that has quite a few extra storage buildings that we won’t need for a while. I would love to rent them out to help pay for the property and improvements. Any advice? Thanks again!!!
Hi! That's exactly what I'm looking for. Are you in Florida?
I see a lot of “for lease” spaces on Facebook marketplace. I’d avoid using a realtor as they take a chunk of it.
Dudes like a little Mexican Elon musk
Mexican? That's an odd observation lol
He's half Australian.
Hey mike! I currently have a friend that’s getting into real estate. He’s selling off 50 lawns. I just started my company last fall. I have 14 lawns. He selling the 50 lawns for the price of 4 mowings. That would fill up my schedule. If anyone switches providers or doesn’t go with me within the first 2 months I don’t pay for them. It would be about 9k for the 50 should I do it?
My density isn’t amazing yet being my first season. I have a 48 inch exmark radius x with 130 hours on it. On smaller jobs I get about $60 an hour while on the job. Bigger lawns it comes to about $50 an hour while on the job. My friend charges a premium so if a job takes him 30 minutes solo he charges about $50 so his jobs are a lot more profitable.
I work about 12 hours a week on my lawns and then I do odd jobs the other days for various hours. So the way I see it is I have 30+ available hours I could be making $50 an hour with my mower. So In a sense I’m losing money every available hour I’m not working or if I’m only making $20 an hour I’m losing maybe $10-$20 an hour by not mowing
mike. your jacked. I got to do leg day
Camera guy needa chill on the breathing
They both just went on a run
U shouldn’t tell everyone all ur secrets lol
😀 agreed. I didn’t buy this property. I have another one under contract now ✅
Mike.. you take sticks to the dump? BURN THEM!
A little tough when you are in WA state next to a Highway 😃
@@MikeAndes what about putting the sticks through a shredder?
You lost me at outhouse
mike get off that land
I posted too early LOL
I'm early for like the fifth time