- Birth of an idea, explanation of the envisaged business model
- Draft project and first visits with Christopher
- A promising visit
- When you can’t find it, you have to let time pass
- A relationship that will revive the project
- Market study for the rental of the warehouse
- Profitability through diversification
Birth of an idea, explanation of the envisaged business model
When an investor succeeds in several projects, he becomes greedy and sees things in a big way. Christopher is certainly the most specialized member in the diversification of investment strategies. The expression “not putting all your eggs in one basket” takes on its full meaning. For the past few years he has been maturing a project to diversify his assets and thus own a warehouse. The recent boom in co-warehousing companies makes you want to ride this wave ! At the beginning, we were 3 people in this project: Christopher, Tayler and myself Tony.
Unfortunately, life sometimes decides for you and you have to rethink your priorities. For my part, my wife and I have built a house to better raise our children in the country. I was out of the running, unable to add a credit on a risky project. Buying a deposit is a very daring project. You start from a virgin surface and you have to fill every square meter to get a good return. The selling price of this type of product is also a brake, very popular in the city to build large apartments or lofts. Real estate sellers know this and prefer to find a loft clientele rather than an investor who wants to park vehicles or do storage.
We can say that Tayler is too restrictive in his mind to embark on such a project which requires you to go outside your comfort zone (small reference to training how to expand your assets). He is going to tell you about some of the visits in the company of Christopher. Then you will discover Philip, a company boss who has known Christopher for several years and who has finally embarked with him on this purchase which will be his first investment in car parks !