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FedEx Discussions
Looking at Opportunity to become FedEx ISP
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<blockquote data-quote="dmac1" data-source="post: 1868066" data-attributes="member: 60252"><p>Yes, it will take some time, but in the meantime, your business becomes worthless. Fedex will roll out whatever change in one or a few states at a time. As soon as that happens, you won't be able to sell. If you can form a corp and borrow the money, it makes sense. Pay yourself all the profits while it lasts, then close the corp declaring bankruptcy. </p><p></p><p>If you can run an ISP, you can run an apartment building. I bought a small complex that needed repairs, mostly deferred maintenance, and doubled the value in two years. Even buying single family homes is safer. You can buy as many as 5 single family homes with $100k in many parts of the country. After debt service, maintenance, taxes, etc, you can pocket hundreds of dollars per unit per month. Even if you pay a manager, you can stil profit if you buy smart. </p><p></p><p>Don't sell yourself short by taking unnecessary risks. You know for certain that costs to operate will go up and the value of your trucks will go down every year.</p></blockquote><p></p>
[QUOTE="dmac1, post: 1868066, member: 60252"] Yes, it will take some time, but in the meantime, your business becomes worthless. Fedex will roll out whatever change in one or a few states at a time. As soon as that happens, you won't be able to sell. If you can form a corp and borrow the money, it makes sense. Pay yourself all the profits while it lasts, then close the corp declaring bankruptcy. If you can run an ISP, you can run an apartment building. I bought a small complex that needed repairs, mostly deferred maintenance, and doubled the value in two years. Even buying single family homes is safer. You can buy as many as 5 single family homes with $100k in many parts of the country. After debt service, maintenance, taxes, etc, you can pocket hundreds of dollars per unit per month. Even if you pay a manager, you can stil profit if you buy smart. Don't sell yourself short by taking unnecessary risks. You know for certain that costs to operate will go up and the value of your trucks will go down every year. [/QUOTE]
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