Re: Purchasing lot for advertising - Posted by Carl (FL)
Posted by Carl (FL) on August 28, 2003 at 08:26:06:
The city has code specifically addressing parking vehicles for this purpose. I could get away with it in a commercial parking lot maybe, but not on vacant residential land.
The owner of this lot is a realty company who specializes in vacant land. They might allow me a short term test but their primary goal is to sell the lot using their own signs. City code only allows one sign per road frontage, so theirs would have to come down.
I had actually thought of financing the lot, as Ron had mentioned. This would probably only require 30% down. I’ll make more than that after one deal.
Mainly I’m concerned with the effectiveness of this. I’ve read that bandit signs have been most effective for people here. This is sort of a permanant bandit sign. Expensive, yes, but it would be there when they finally decide to make the call.
I’m a part timer at this now doing about 2-3 deals per year. I’ve decided to try and at least double that over the next year, so have been experimenting with different advertising methods.