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Building up cash for deals
Random thought, have had this thought for awhile.
what do you think about buying a piece of land (unless you already have) outside the city limits and hosting a flea market. Find vendors and charge them by the sq ft of the land to sell their things. Let's say every weekend or every other weekend, during the summer of course.
Here are some numbers,
100 spaces available. (Filled)
$50 a day per vendor ($100 a vendor for 2 days)
That is $10,000. A weekend.
To make it creative, have a concession stand where people can get drinks or candy? Etc..Just a thought. What do you think, would this be a clever way to save up some cash for investments?
Thank you!