|Books and Boards. Best idea yet.|
The local bookstore is for sale. It has three floors and a basement. Baxter and I would be able to live on the second floor. Ideal since I hate moving, PLUS I hear it has three bedrooms. Suddenly, BOOM all those rent payments are going towards paying off this ginormous loan! The third floor is rented out to a yoga studio that pays $450/month. The first floor and basement are a mix of new and used books.
The catch: I'm broke. I hear you have to have money for a down payment on such a venture. Either way, I'm meeting with the realtor Wednesday to look at the entire building, and Thursday, I'm going to try to talk to the bank to see how much a loan like this would cost/how much of a down payment I'd need/is this a good idea?
My projected time frame is this:
Buy it by July.
|We'd be like this. Only, we'd be at work!|
By October/November turn it into a Books and Boards shop. We'll sell books and snowboards, because
well, those are the two very best things in life. Plus, across the street is a bike and ski shop. There are no board shops around here.
Then Baxter and I live happily ever after, while he rocks out at work with me.
What could possibly go wrong?