I have a 2800sqft building attached to my house. It was commercial until the 1980s, but now its zoned residential. I am going to try to fight that, but in the meantime, lets assume it won’t be zoned commercial. I’m quiting my job january 1 to fly solo and utilizing this space is an important part of the plan.

Ive thought about an Airbnb. I already have utilities and waste lines in there. I estimate I could build something for 75k and probably get 3k in gross.

Things like 3d printing, bitcoin mining, use it as a warehouse to buy and sell things from alibaba, all cross my mind but I have no experience with anything like that. So, I’m hoping for some guidance from some smart folks. If you had 2800sqft and 100k to invest, what business would you start?

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  • reboog711@alien.topBEnglish
    1·
    10 months ago

    Based on his ideas, I Was thinking he was looking for a way to not be bored in retirement…

    Also, a 2800 sq ft empty building attached to a home. How big is this home?

    • rebelwithoutaclaw@alien.topOPBEnglish
      1·
      10 months ago

      Haha it definitely isn’t the best plan, but at this point I have the house split into a 1 bedroom basement apartment and then a 5 bedroom home. I’ll be moving into the 1 bedroom and rent the house and that should keep the roof over my head with a cash flow of 1k. That is a slow enough bleed that I could spend a year or two building a business and survive

      • AmbitiousManner8239@alien.topBEnglish
        1·
        10 months ago

        If you’re business plan is just renting out property - why would you quit your job? Also don’t try to start a business unless you have something in mind that you know with years of industry experience. You’ll fail and lose all your startup cost.

        Commercial space rents at $1/sf/mo most places. Rent it out, let someone else gamble on starting a new business, walk away with 36k/yr.