HWZ Forums

Login Register FAQ Mark Forums Read

If you have a light industrial unit ,a van and 10k cash on hand, what will you do?

Like Tree1Likes
  • 1 Post By kingfisher2
Reply
 
LinkBack Thread Tools
Old 28-08-2017, 06:26 PM   #1
Junior Member
 
Join Date: Dec 2009
Posts: 25
If you have a light industrial unit ,a van and 10k cash on hand, what will you do?

If you have:
- Light industrial unit with ard 56 years lease
- outstanding 380k
- area 20mx10m.
- valued at 750k or less
- currently loan sort of offset by rent

- 1Yo Nissan NV 350
-outstanding 30k loan
-more than 50% paid

- 10k cash on hand

what will you do?
opinion needed , thanks
blizzard000 is offline   Reply With Quote
Old 29-08-2017, 12:40 AM   #2
Junior Member
 
Join Date: Aug 2017
Posts: 17
Sell off unit and van, then stay home play WoW
cherry6 likes this.
kingfisher2 is offline   Reply With Quote
Old 21-09-2017, 12:50 PM   #3
Arch-Supremacy Member
 
hacktic's Avatar
 
Join Date: Aug 2001
Posts: 24,619
partition your unit area and sell off as storage space.
sell as inclusive of a one time move fee FOC using your van to grab customer. other storage space giving free 1 month yada yada....

storage ~$1xx/mth for a 2x2m2 space, assuming you have 120m2 space available for rent = 30x$1xx = $3xxx/mth = chao chao $30k/yr work to 50years, you will see the numbers
hacktic is offline   Reply With Quote
Old 21-09-2017, 01:50 PM   #4
Junior Member
 
Join Date: Nov 2002
Posts: 58
Try to see if you can start another business utilizing existing shop space or van.
colgate is offline   Reply With Quote
Reply
Important Forum Advisory Note
This forum is moderated by volunteer moderators who will react only to members' feedback on posts. Moderators are not employees or representatives of HWZ. Forum members and moderators are responsible for their own posts.

Please refer to our Terms of Service for more information.


Thread Tools

Posting Rules

Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are On