http://www.outdoorbillboard.com/forum/list.php?3 Thu, 17 May 2012 02:33:06 -0700 Phorum 5.2.9a http://www.outdoorbillboard.com/forum/read.php?3,1279,1285#msg-1285 http://www.outdoorbillboard.com/forum/read.php?3,1279,1285#msg-1285 chuck_saylor Outdoor Advertising & Billboard Investment Sun, 13 May 2012 21:18:50 -0700 http://www.outdoorbillboard.com/forum/read.php?3,1279,1284#msg-1284 http://www.outdoorbillboard.com/forum/read.php?3,1279,1284#msg-1284
If this guy is asking so much that you can deduct $500,000 and still have a positive number left over, then you need to make sure you have a handle on this. Also, who is going to lend on this deal? The lender will have the same concerns on the numbers and collateral.

The most I've ever paid for a single sign is $100,000 -- and I did it twice and, in both cases, I lost the signs to re-development within 12 months of closing. It nearly sank me. You have to make sure that you have all your bases covered when buying signs at these price levels.]]> frank Outdoor Advertising & Billboard Investment Sun, 13 May 2012 19:06:17 -0700 http://www.outdoorbillboard.com/forum/read.php?3,1279,1283#msg-1283 http://www.outdoorbillboard.com/forum/read.php?3,1279,1283#msg-1283 chuck_saylor Outdoor Advertising & Billboard Investment Sun, 13 May 2012 18:10:05 -0700 http://www.outdoorbillboard.com/forum/read.php?3,1279,1282#msg-1282 http://www.outdoorbillboard.com/forum/read.php?3,1279,1282#msg-1282 frank Outdoor Advertising & Billboard Investment Sun, 13 May 2012 17:28:49 -0700 http://www.outdoorbillboard.com/forum/read.php?3,1279,1281#msg-1281 http://www.outdoorbillboard.com/forum/read.php?3,1279,1281#msg-1281
The 'numbers he gave me' are skewered. The traffic count is off by several hundred thousand, and the DEC according follows. He's charging $10k a month for both sides of a static monopole, and has priced it at a 10 cap.

He's leaving thousands of dollars on the table every month and doesn't even know it... this is most mis-managed property I've ever seen.

The only way I could write an offer, up front, would be to under-cut his asking price by $500,000... to have it fall in line with what I think the board is actually earning right now.]]> chuck_saylor Outdoor Advertising & Billboard Investment Sun, 13 May 2012 16:23:22 -0700 http://www.outdoorbillboard.com/forum/read.php?3,1279,1280#msg-1280 http://www.outdoorbillboard.com/forum/read.php?3,1279,1280#msg-1280
And make sure that the laws allow you to upgrade to digital, and that you have that cost in your overall budget.]]> frank Outdoor Advertising & Billboard Investment Sun, 13 May 2012 13:36:51 -0700 http://www.outdoorbillboard.com/forum/read.php?3,1279,1279#msg-1279 http://www.outdoorbillboard.com/forum/read.php?3,1279,1279#msg-1279
He advertised it for sale with an asking price and the net profit. I've checked it out and it's all that he claimed it to be, and it would be perfect for upgrade to digital... in short, the numbers work.

I started preparing a prospectus for my lender... and hit a speed bump... the seller won't release the financials until 'after we've agreed on the terms of the deal'.

I told him it would be 'cash at closing on a price we've yet to agree to' - I need to complete my d/d and prospectus first... but apparently that isn't sufficient... he acts like he wants it under contract before he'll discuss it any further.

At this point I began to question if he was close enough to the deal to close it... further d/d revealed that it's the same guy who is paying the property taxes.

This isn't my first commercial property... so what's with this guy? Even if he's selling on proforma (a word he's never mentioned)... I could live with it, if he'd just be upfront about it.

Thoughts?]]> chuck_saylor Outdoor Advertising & Billboard Investment Sun, 13 May 2012 13:02:04 -0700 http://www.outdoorbillboard.com/forum/read.php?3,1278,1278#msg-1278 http://www.outdoorbillboard.com/forum/read.php?3,1278,1278#msg-1278
Thanks!]]> ck13 Outdoor Advertising & Billboard Investment Fri, 11 May 2012 17:26:46 -0700 http://www.outdoorbillboard.com/forum/read.php?3,999,1277#msg-1277 http://www.outdoorbillboard.com/forum/read.php?3,999,1277#msg-1277 rafalm Outdoor Advertising & Billboard Investment Fri, 11 May 2012 11:21:51 -0700 http://www.outdoorbillboard.com/forum/read.php?3,1206,1276#msg-1276 http://www.outdoorbillboard.com/forum/read.php?3,1206,1276#msg-1276 frank Outdoor Advertising & Billboard Investment Thu, 10 May 2012 14:11:22 -0700 http://www.outdoorbillboard.com/forum/read.php?3,1206,1275#msg-1275 http://www.outdoorbillboard.com/forum/read.php?3,1206,1275#msg-1275
James]]> jbg7676 Outdoor Advertising & Billboard Investment Thu, 10 May 2012 07:10:30 -0700 http://www.outdoorbillboard.com/forum/read.php?3,1269,1274#msg-1274 http://www.outdoorbillboard.com/forum/read.php?3,1269,1274#msg-1274 dexpo Outdoor Advertising & Billboard Investment Mon, 07 May 2012 10:05:24 -0700 http://www.outdoorbillboard.com/forum/read.php?3,1273,1273#msg-1273 http://www.outdoorbillboard.com/forum/read.php?3,1273,1273#msg-1273
Information of wholesale company of advertising material not in Houston, TX, is also welcome.

Thanks in advance.]]> ichliebedich Outdoor Advertising & Billboard Investment Sun, 06 May 2012 09:18:04 -0700 http://www.outdoorbillboard.com/forum/read.php?3,1272,1272#msg-1272 http://www.outdoorbillboard.com/forum/read.php?3,1272,1272#msg-1272 ichliebedich Outdoor Advertising & Billboard Investment Sun, 06 May 2012 09:13:38 -0700 http://www.outdoorbillboard.com/forum/read.php?3,426,1271#msg-1271 http://www.outdoorbillboard.com/forum/read.php?3,426,1271#msg-1271
Abandoned Hell Paso for the best climate in the states, -coastal southern California!]]> 4freecar Outdoor Advertising & Billboard Investment Fri, 04 May 2012 23:14:19 -0700 http://www.outdoorbillboard.com/forum/read.php?3,1270,1270#msg-1270 http://www.outdoorbillboard.com/forum/read.php?3,1270,1270#msg-1270
I'm interested in starting a company from the ground up and have to cash to build new structures. Can anyone who has done so please shoot me some advice/guidlines? I live in Central New Jersey. I also need some insite on finding news sites to build and searching the county ordinances. Thank you.

James]]> jbg7676 Outdoor Advertising & Billboard Investment Fri, 04 May 2012 06:42:49 -0700 http://www.outdoorbillboard.com/forum/read.php?3,1269,1269#msg-1269 http://www.outdoorbillboard.com/forum/read.php?3,1269,1269#msg-1269
Feel free to give me a shout if you have any questions or would like to check out a demo.

Best regards,
Steve Levine
Mission Mobile
310-396-5577 x 115
steve@missionmobile.net]]> mission Outdoor Advertising & Billboard Investment Thu, 03 May 2012 17:03:02 -0700 http://www.outdoorbillboard.com/forum/read.php?3,1268,1268#msg-1268 http://www.outdoorbillboard.com/forum/read.php?3,1268,1268#msg-1268
I would like to start a small outdoor media business in Charlotte, NC , And my plan is to start with 2 billboards in Charlotte Area to test the market , I will be very thankful if any one can provide me with contact for Billboards steel structure manufacturers in North Carolina who can do the job with lowest possible cost.

Please excuse my grammar and thank you very much in Advance.

Best ,
Mustafa]]> mustafar Outdoor Advertising & Billboard Investment Wed, 02 May 2012 17:21:12 -0700 http://www.outdoorbillboard.com/forum/read.php?3,1265,1267#msg-1267 http://www.outdoorbillboard.com/forum/read.php?3,1265,1267#msg-1267
Jill Krogman is a billboard account manager at Daktronics and is a great resource - she can give you some customers to reach out to that use Daktronics products or some budget numbers to get you moving on your project. Give her a call directly at 605-692-0200 ext. 56599.]]> jdiekma Outdoor Advertising & Billboard Investment Fri, 27 Apr 2012 06:53:32 -0700 http://www.outdoorbillboard.com/forum/read.php?3,1263,1266#msg-1266 http://www.outdoorbillboard.com/forum/read.php?3,1263,1266#msg-1266 frank Outdoor Advertising & Billboard Investment Tue, 24 Apr 2012 11:23:23 -0700 http://www.outdoorbillboard.com/forum/read.php?3,1265,1265#msg-1265 http://www.outdoorbillboard.com/forum/read.php?3,1265,1265#msg-1265 I'm upgrading 2 bulletins and need a ball-park idea of the cost.
Trying to avoid the whole 'sales pitch' thing.
I just need a number for my prospectus.
Anyone?]]> chuck_saylor Outdoor Advertising & Billboard Investment Fri, 20 Apr 2012 16:52:17 -0700 http://www.outdoorbillboard.com/forum/read.php?3,923,1264#msg-1264 http://www.outdoorbillboard.com/forum/read.php?3,923,1264#msg-1264
Thanks
Brandon]]> pdwatermelon Outdoor Advertising & Billboard Investment Thu, 19 Apr 2012 19:52:11 -0700 http://www.outdoorbillboard.com/forum/read.php?3,1263,1263#msg-1263 http://www.outdoorbillboard.com/forum/read.php?3,1263,1263#msg-1263 Thanks
Brandon]]> pdwatermelon Outdoor Advertising & Billboard Investment Thu, 19 Apr 2012 19:48:19 -0700 http://www.outdoorbillboard.com/forum/read.php?3,1183,1262#msg-1262 http://www.outdoorbillboard.com/forum/read.php?3,1183,1262#msg-1262 pdwatermelon Outdoor Advertising & Billboard Investment Thu, 19 Apr 2012 19:44:53 -0700 http://www.outdoorbillboard.com/forum/read.php?3,999,1261#msg-1261 http://www.outdoorbillboard.com/forum/read.php?3,999,1261#msg-1261 w0291524 Outdoor Advertising & Billboard Investment Tue, 17 Apr 2012 21:29:37 -0700 http://www.outdoorbillboard.com/forum/read.php?3,999,1260#msg-1260 http://www.outdoorbillboard.com/forum/read.php?3,999,1260#msg-1260
w0291524 - Thanks for the info. That helps tremendously, but it is amazing how expensive they are! When you say poster size, are you talking about a 12x24?]]> ck13 Outdoor Advertising & Billboard Investment Tue, 17 Apr 2012 16:18:24 -0700 http://www.outdoorbillboard.com/forum/read.php?3,1257,1259#msg-1259 http://www.outdoorbillboard.com/forum/read.php?3,1257,1259#msg-1259
The only other option -- and you'd have to check the Louisiana laws -- is to build the sign over 500' off the highway so that it is not withint the realm of the U.S. Highway Beautification Act. But you'd have to build an enormous sign to be seen from that far away, and it would never make any economic sense.

That's just the rules -- not much you can do about it.]]> frank Outdoor Advertising & Billboard Investment Tue, 17 Apr 2012 15:55:56 -0700 http://www.outdoorbillboard.com/forum/read.php?3,999,1258#msg-1258 http://www.outdoorbillboard.com/forum/read.php?3,999,1258#msg-1258 w0291524 Outdoor Advertising & Billboard Investment Tue, 17 Apr 2012 15:12:13 -0700 http://www.outdoorbillboard.com/forum/read.php?3,1257,1257#msg-1257 http://www.outdoorbillboard.com/forum/read.php?3,1257,1257#msg-1257 We own a piece of land along the interstate in Louisiana that is vacant and I've been looking into putting up a simple wooden structured 10'x36' billboard to try and create a little side income for myself. I've found the construction company that can build it and I've spoken to 2 potential customers about advertising there. Now the dilema,.. I've met with the district D.O.T. manager and he explained the rules to me about how it has to be 800 feet from a business, 1,000 feet from the previous sign, and so forth. However, I've seen many billboards along the interstate that are no where close to a business and they are up and running. So my questions is this: Is there any way around building my billboard without getting this permit? What are some of the things that I can look into?]]> w0291524 Outdoor Advertising & Billboard Investment Tue, 17 Apr 2012 15:09:02 -0700 http://www.outdoorbillboard.com/forum/read.php?3,1247,1256#msg-1256 http://www.outdoorbillboard.com/forum/read.php?3,1247,1256#msg-1256 tvonwheels Outdoor Advertising & Billboard Investment Fri, 13 Apr 2012 18:16:01 -0700