My questions are directed mostly towards Frank, but any opinions would be greatly appreciated.
I'm a college senior who will be graduating in June. I have a job lined up that will pay about 4500 a month. I'm projecting I will be able to save at least $8000 a year for the first couple years. I'm searching for smart investments to make on those savings. The idea of billboards is fascinating to me and I will be sure to buy the instructional course if I decide this is a viable option for me. I just have some basic questions:
Generally, what is the best way to start in the industry? Buying existing signs? Building new ones? Flipping them or leasing them out myself?
Also, at my projection of having 8000 per year at my disposal, approximately how long would it take for me to get started? I know that answer is dependent on several factors, but just a rough figure on startup and maintenance costs per sign would go a long way in helping me decide if I would like to pursue this further. Would you suggest looking for financing from another source, such as family memebers or bank loans, to help me get started?
By the way, I live in Southern California, if that's pertinent.