Keys 2 Development LLC

Commercial real estate is also a way of generating real long-term wealth that pays you every month and potentially increases every year. As an investor, you can create a perpetual means of passive income for yourself – tax-free income that could last for the rest of your life and your kids’ lives. Try doing that with stocks and mutual funds!

When you buy a gas station, you buy both the property and the gas station business. Most gas stations also have convenience stores and sometimes several car repair bays. The profit margin for gas is at 10-20 cents per gallon. This is considered a owner occupied property which qualifies you to a SBA loan with little as 10% down payment required. If you don’t plan to get involved in running the gas station, auto repair and convenience store business, you may want to STAY AWAY from gas stations as gasoline is a chemical that could contaminate the soil. Once a leakage occurs and contaminates the environment, It takes years and lots of money to clean up the soil. You may even be liable to damages from owners of adjacent properties as contamination may spread out to their properties. It’s almost impossible to sell your property as no lenders want loan the buyers the money to buy it. So, BUYERS BEWARE!