/biz/ - Business & Finance

>>54278840
Right now I only flip and broker deals; no current inventory. This works for me but I know eventually I’ll buy some signs again. Buying and holding (operating) them is about the income which does carry some risk where I live in Florida. I’d say try both. It’s all about finding your comfy niche.

I’d definitely recommend having them around your home. For me as a matter of convenience it would be like a 2 hour drive in any direction. Digital signs can be operated from anywhere rather easily.

Even most old wooden boards have lights now. For non-digital sign the cost is negligible so your landlord might pay out of wanting to avoid the hassle of determining how much it costs to operate two light bulbs for 8 hours every night for a month.

There are banks operated by older industry guys who specialize in it. Rates are comparable to small biz loan rates. When you approach them you should be able to demonstrate some kind of knowledge about the industry.

The sign owner does for the installation of the sign itself and of the ad copy. Digitals have 10 year warranties on the LED.

>>54256670
The physical sign structure and relationship flow chart

Typically, the sign operator owns the physical asset. The asset is secured by a ground lease with a property owner. The operator deals with the advertisers and the landlord, who never have any contact with each other.

In terms of lease payments, try to avoid any revenue sharing agreement if you can or keep it under 20%. That said, rev share arrangements are common in the 25-30% area.