Yes, that becomes the next conundrum. How do I divide this operation up so that it can be absorbed into the public domain as there seems little likelihood of finding others to form a group and take this to the next level that one man can not take it to alone. As those entities that could do not seem interested in the challenges my proposition creates, I am looking at owner financing huge chunks of inventory and parts of the business, even some of the land if the money is there to cash down the bank and divide this up more easily. Many options will evolve as I reconfigure my world of assets in an effort to free myself up to do create the next phase of my world.
To do this I am looking at several options, including owner financing some of it to free up the cash and take the remainder over many years ahead when I will have plenty of things to use it on as I still build some parts of Salvage, Texas. I do not need to have so much inventory, so much land, so many buildings, and thus taxes to distract me.
So what is available?
Main Facility is over 20,000 sf and could be bought or leased, but the place is chock full of salvage, and barter, not inventory according to the accountants. The entity that owns the land could also be bought into as an investor and board member, then take over some of the things that we plan for them.
$3,000,000 in Salvaged materials, including thousands of doors, windows, flooring, siding, beaded wood, mouldings, lumber, metal, and so much more. This can be sold off in lots, invested in through partial buy-ins and thus owning stock in that company, though certainly only a few stockholders can be had as it is not a public corporation.
Houses still in progress are an option but the goal is to get them finished and into service as part of the BnB. If you are interested and want to move one away, but close enough to convince me to do it…. check with me and we will see if I am ready to move one again.
The land can be divided up at the far end by hwy 80 which is inside city limits and has all the utilities and amenities if you want to develop it. We are in a great location and have much to offer so consider that too… but it will take some money or financing as the bank must be paid off to let land go and they will release it by the acre. So let us see what we can do with a big downpayment you might be able to get some owner financing on the rest.
Tents to store materials or build houses in…. well I have some of them too. so lets make a deal…. I will make it work for you.
Please share and let me know if I can answer more questions.