http://www.outdoorbillboard.com/forum/list.php?3 Thu, 02 Sep 2010 10:18:12 -0700 Phorum 5.2.9a http://www.outdoorbillboard.com/forum/read.php?3,723,728#msg-728 http://www.outdoorbillboard.com/forum/read.php?3,723,728#msg-728 frank Outdoor Advertising & Billboard Investment Wed, 01 Sep 2010 20:01:07 -0700 http://www.outdoorbillboard.com/forum/read.php?3,723,727#msg-727 http://www.outdoorbillboard.com/forum/read.php?3,723,727#msg-727
Any advice???]]> sooross13 Outdoor Advertising & Billboard Investment Wed, 01 Sep 2010 19:18:18 -0700 http://www.outdoorbillboard.com/forum/read.php?3,720,726#msg-726 http://www.outdoorbillboard.com/forum/read.php?3,720,726#msg-726
If you bought the course, you have access to a free, live question and answer hour every Wednesday. You should definitely attend that. Call the office at (800) 950-1364 for the pass codes.]]> frank Outdoor Advertising & Billboard Investment Wed, 01 Sep 2010 17:18:02 -0700 http://www.outdoorbillboard.com/forum/read.php?3,720,725#msg-725 http://www.outdoorbillboard.com/forum/read.php?3,720,725#msg-725 I just ordered your home study guide and i was wondering if there was any class I could take in school or anything that will help make this business get going?]]> dgill88 Outdoor Advertising & Billboard Investment Wed, 01 Sep 2010 16:05:43 -0700 http://www.outdoorbillboard.com/forum/read.php?3,723,724#msg-724 http://www.outdoorbillboard.com/forum/read.php?3,723,724#msg-724
Post some more information on it like 1) what's the advertising rate 2) what's the groundrent amount? 3) what's the term of the lease, etc.]]> frank Outdoor Advertising & Billboard Investment Tue, 31 Aug 2010 10:04:23 -0700 http://www.outdoorbillboard.com/forum/read.php?3,723,723#msg-723 http://www.outdoorbillboard.com/forum/read.php?3,723,723#msg-723
My name is Ross, i am from Ontario Canada and I purchased a brand new double faced wooded billboard in Ocala Florida (MARION COUNTY) on US 441....it is in a high traffic location....i have had things come up in my life where I cannot keep it any longer. If you guys are interested please email me at rviotto13@yahoo.ca

I am asking $40,000 obo...

Thanks
Ross]]> sooross13 Outdoor Advertising & Billboard Investment Sat, 28 Aug 2010 18:35:03 -0700 http://www.outdoorbillboard.com/forum/read.php?3,719,722#msg-722 http://www.outdoorbillboard.com/forum/read.php?3,719,722#msg-722
i m new in this forums and i just need a help in it
and i wish that this site will response me well,,,

________________________
"Want to get-on Google's first page and loads of traffic to your website? Hire a SEO Specialist from Ocean Groups [url=http://oceangroups.org/] seo pecialist [/url]
"]]> kerryadelfred Outdoor Advertising & Billboard Investment Sat, 28 Aug 2010 03:46:56 -0700 http://www.outdoorbillboard.com/forum/read.php?3,720,721#msg-721 http://www.outdoorbillboard.com/forum/read.php?3,720,721#msg-721 frank Outdoor Advertising & Billboard Investment Mon, 23 Aug 2010 16:17:07 -0700 http://www.outdoorbillboard.com/forum/read.php?3,720,720#msg-720 http://www.outdoorbillboard.com/forum/read.php?3,720,720#msg-720
Im new to all this but I just wanted to ask a quick question, does your home study guide translate to the canadian market? As I am trying to start up a billboard company in Alberta.]]> dgill88 Outdoor Advertising & Billboard Investment Mon, 23 Aug 2010 16:02:01 -0700 http://www.outdoorbillboard.com/forum/read.php?3,719,719#msg-719 http://www.outdoorbillboard.com/forum/read.php?3,719,719#msg-719 bitsy4643 Outdoor Advertising & Billboard Investment Sat, 21 Aug 2010 18:16:39 -0700 http://www.outdoorbillboard.com/forum/read.php?3,718,718#msg-718 http://www.outdoorbillboard.com/forum/read.php?3,718,718#msg-718
I'm here in New Jersey and would like to flip billboard permits and I have two questions.

The Situation: My town is considering allowing billboards along a 7 mile stretch of a major highway (interstate 95) that runs through the town. The deal allows one board in exchange for the removal of two billboards that are closer to residential areas. A common practice to improve aesthetics in the town. I don't own any existing billboards. One major company does however.

Question#1 Do you think I have any chance on grabbing a few permits to flip in this market or since this ordinance only pertains to those companies with existing billboards I am shut out of the market.

Question #2 If it does only apply to existing companies with existing boards then isn't this an unfair advantage and monopolistic? Shouldn't new competition be allowed in the market?

If the only space available would be for existing companies to grap then that seems unconstitutional, an antitrust issue.]]> scott Outdoor Advertising & Billboard Investment Tue, 17 Aug 2010 08:32:17 -0700 http://www.outdoorbillboard.com/forum/read.php?3,717,717#msg-717 http://www.outdoorbillboard.com/forum/read.php?3,717,717#msg-717
What are the rights of billboard owners if a neighboring property owner plants fast growing pine trees to obstruct my billboard face?

Thanks]]> sven Outdoor Advertising & Billboard Investment Sun, 15 Aug 2010 12:11:58 -0700 http://www.outdoorbillboard.com/forum/read.php?3,716,716#msg-716 http://www.outdoorbillboard.com/forum/read.php?3,716,716#msg-716
I am trying to purchase an existing billboard which has one face blocked by a very tall tree on someone else's property. I have written letters to the out of state absentee landowner to cut a deal to remove/relocate the tree obstruction to no avail. What are the repercussions on cutting down the tree to make the billboard face usable again?]]> sven Outdoor Advertising & Billboard Investment Sun, 15 Aug 2010 12:07:40 -0700 http://www.outdoorbillboard.com/forum/read.php?3,715,715#msg-715 http://www.outdoorbillboard.com/forum/read.php?3,715,715#msg-715
Frank or anyone competent to answer this question,

If I am dealing with land owner that has multiple location that I could build the billboards on, is it better to have separate ground leases for each location or can I combine let's say 3 locations into one ground lease (and what are the pros and cons) with one ground lease monthly price?

Thank you]]> rafalm Outdoor Advertising & Billboard Investment Sat, 14 Aug 2010 16:38:44 -0700 http://www.outdoorbillboard.com/forum/read.php?3,393,714#msg-714 http://www.outdoorbillboard.com/forum/read.php?3,393,714#msg-714 Is it now mandatory to purchase a $2,500.00 bond in Texas for one sign now? No matter what county or location of the sign (assuming its a legal sign and conforms to the city ordinances and laws)?]]> wrxrick Outdoor Advertising & Billboard Investment Sat, 14 Aug 2010 11:19:22 -0700 http://www.outdoorbillboard.com/forum/read.php?3,713,713#msg-713 http://www.outdoorbillboard.com/forum/read.php?3,713,713#msg-713
I am about to purchase the book "Big Bucks from Big Signs" and plan to finish reading it soon. I have been reading various topics on the forum, and am delighted to have found a billboard forum, such as this one.

My questions as a prospective billboard owner go as follows:

1) Should I purchase an already "for sale" billboard? Is this the easiest and most risk free route for a beginner such as myself? Should I purchase a wooden structure or steel structure? Should I start in a rural area along a major highway outside from major competitors?
2) Where can I find existing billboards for sale in my state, Texas?
3) Should I not risk the purchase an existing structure, but rather, inspect a potentially good geographical area of investment where it will be completely legal for me to put up a sign according to city ordinances?
4) If I do find an existing billboard for sale, can I expect to find a decent billboard in a decent geographical area for around $30,000 or $40,000? Or am I being unrealistic according to my budget? I'm assuming that the final sale typically includes title transfter of the leased area for the pre-negotiated lease terms (meaning, how long the billboard lease is valid on someone else's land).

Thanks for you suggestions and comments,

-Patrick]]> wrxrick Outdoor Advertising & Billboard Investment Fri, 13 Aug 2010 23:15:14 -0700 http://www.outdoorbillboard.com/forum/read.php?3,701,712#msg-712 http://www.outdoorbillboard.com/forum/read.php?3,701,712#msg-712
According to the 2009 IRS publication 946 (How to depreciate property) billboards have a class life of 20 years and a recovery period of 15 years under MACRS and 20 years under ADS. Confirm this with a CPA.

Section 179 of the IRS tax code allows businesses to deduct the full purchase price of qualifying equipment purchased or financed during the tax year. (Federal not State) Qualifying equipment being tangible personal property. Real Property does not qualify for the Section 179 Deduction. Real Property is typically defined as Land, Buildings, Permanent Structures and the components of the Permanent Structures. Some other examples that would not qualify for the Section 179 Deduction include paved parking areas and fences. The key term is "permanent". If your billboard structure is considered "moveable" you could qualify for a 1 time depreciation deduction. Confirm this with a CPA.

Those with digital displays, those boards could have a shorter depreciation schedule than your structure. Once again, confirm this with a CPA.

Remember, tax planning takes place now, not in the weeks leading up to April 15th.]]> ian2 Outdoor Advertising & Billboard Investment Wed, 11 Aug 2010 19:51:25 -0700 http://www.outdoorbillboard.com/forum/read.php?3,470,711#msg-711 http://www.outdoorbillboard.com/forum/read.php?3,470,711#msg-711
Selling is a volume business. Make a list of companies that are on taxi billboards for a start. Also get the names of small businesses in the area that would benefit from this service. Follow the ad sales part of my course to the letter.]]> frank Outdoor Advertising & Billboard Investment Mon, 09 Aug 2010 09:22:35 -0700 http://www.outdoorbillboard.com/forum/read.php?3,470,710#msg-710 http://www.outdoorbillboard.com/forum/read.php?3,470,710#msg-710
Thank You Frank]]> kristof Outdoor Advertising & Billboard Investment Fri, 06 Aug 2010 10:12:02 -0700 http://www.outdoorbillboard.com/forum/read.php?3,470,709#msg-709 http://www.outdoorbillboard.com/forum/read.php?3,470,709#msg-709 kristof Outdoor Advertising & Billboard Investment Wed, 04 Aug 2010 10:17:31 -0700 http://www.outdoorbillboard.com/forum/read.php?3,470,708#msg-708 http://www.outdoorbillboard.com/forum/read.php?3,470,708#msg-708
As far as renting the ad space, I've got a ton of information on how to do that in the course. It's the same technique to sell mobile outdoor as static outdoor.]]> frank Outdoor Advertising & Billboard Investment Wed, 04 Aug 2010 09:37:41 -0700 http://www.outdoorbillboard.com/forum/read.php?3,701,707#msg-707 http://www.outdoorbillboard.com/forum/read.php?3,701,707#msg-707 frank Outdoor Advertising & Billboard Investment Wed, 04 Aug 2010 09:06:32 -0700 http://www.outdoorbillboard.com/forum/read.php?3,470,706#msg-706 http://www.outdoorbillboard.com/forum/read.php?3,470,706#msg-706
Thanks for the quick replay. So what you are saying is that I should contact the competition and ask them how much they charge and for how many hours? I know I have to study first that's why I want to purchase a trailer first (it cost much less then the truck) and learn. I will probably work only on weekends first and do the job myself. What I need to do so the customers knows that I'm on the market? Should I go and knock to theirs doors?]]> kristof Outdoor Advertising & Billboard Investment Wed, 04 Aug 2010 08:40:00 -0700 http://www.outdoorbillboard.com/forum/read.php?3,702,705#msg-705 http://www.outdoorbillboard.com/forum/read.php?3,702,705#msg-705
To succeed in billboards you have to 1) really understand the business, and be an expert in the niche you are in 2) make small, acheivable goals that are very concrete and can be measured 3) be scientific in what you do -- don't bounce around from market to market or product to product. When I got in the business, my goal was to build one sign. That was it. When I got to one, I changed the goal to 3. At 3 I changed to 10. And I focused on one finite niche -- serving areas outside of the metroplex with billboards at a reasonable price. I never ventured "inside" of the big city until I had already established myself in the periphery, as the risk was much larger there and most of the time you could only grow through acquisitions. That's really the same business model that Walmart used.

You need to put a primary focus on what the advertisers need and want. They're the boss. You need to get inside their heads and understand what type of outdoor they want and what they can afford to pay. One relevation I've had over the years is that much of the current outdoor industry has the system backwards -- the outdoor companies are only thinking about themselves, with the advertiers grudgingly going along with it. There's always opportunity for people who can build a better mousetrap -- and there are many niches that offer this kind of opportunity.]]> frank Outdoor Advertising & Billboard Investment Wed, 04 Aug 2010 08:37:47 -0700 http://www.outdoorbillboard.com/forum/read.php?3,470,704#msg-704 http://www.outdoorbillboard.com/forum/read.php?3,470,704#msg-704
You need to become an expert on that industry segment first before anything else. Get the marketing materials from the competition and study them, analyze their rates, go look at the product, talk to some advertisers. You need to be the most knowledgable guy in the world on mobile outdoor in Chicago before you buy your first truck. That way you can't screw up.]]> frank Outdoor Advertising & Billboard Investment Wed, 04 Aug 2010 08:27:18 -0700 http://www.outdoorbillboard.com/forum/read.php?3,470,703#msg-703 http://www.outdoorbillboard.com/forum/read.php?3,470,703#msg-703
I just find your topic. I need some help with starting my own mobile billboard business in Chicago. I was thinking at first to buy a mobile billboard trailer,just for the beginning to see if I will be able to find any customers. If the business will start up somehow I was thinking about purchasing a mobile billboard truck. Does anybody of you know how much usually a mobile billboard company charge for their service? Do they charge for an hour? I was thinking of hiring a driver (I have a full time job right now which one I would like to keep until my business grow) and let him drive around for 8 hours 5 days a week. Also I will work on weekend but only park the trailer on the event parking lot and let it sit there for the whole event. Can one of you guys help me start the business? I need some more information. Or maybe you guys know where I can research about mobile billboard advertising?? I cannot find any resources where they explain the campaign contract which I will sign with the client.
Please help me.

Thank You]]> kristof Outdoor Advertising & Billboard Investment Wed, 04 Aug 2010 05:34:19 -0700 http://www.outdoorbillboard.com/forum/read.php?3,702,702#msg-702 http://www.outdoorbillboard.com/forum/read.php?3,702,702#msg-702
I ordered your home study course last night. A friend and I have decided that it is time to do something on the side of our corporate lives. I am 33 y/o...and am hungry for the perks I foresee from the outdoor advertising industry.

I am sure any advice you might have for a young entrepreneur is in the kit I will receive. But if you do happen to have any other "words of wisdom"...feel free to throw them at me!

Thanks!
-Keith]]> gargspy45 Outdoor Advertising & Billboard Investment Mon, 02 Aug 2010 11:15:26 -0700 http://www.outdoorbillboard.com/forum/read.php?3,701,701#msg-701 http://www.outdoorbillboard.com/forum/read.php?3,701,701#msg-701
What can you share about the depreciation schedule for a billboard? Can a billboard depreciate? Thanks]]> ian2 Outdoor Advertising & Billboard Investment Fri, 30 Jul 2010 19:22:50 -0700 http://www.outdoorbillboard.com/forum/read.php?3,697,700#msg-700 http://www.outdoorbillboard.com/forum/read.php?3,697,700#msg-700 fmginc Outdoor Advertising & Billboard Investment Wed, 28 Jul 2010 20:15:55 -0700 http://www.outdoorbillboard.com/forum/read.php?3,697,699#msg-699 http://www.outdoorbillboard.com/forum/read.php?3,697,699#msg-699 frank Outdoor Advertising & Billboard Investment Wed, 28 Jul 2010 20:09:06 -0700