Get started investing in commercial real estate in 2024 with CRE Launch Pro - online courses, community, and 1-1 coaching with me! www.crelaunchpro.com
This is no joke...seriously you can't imagine the NEED for businesses like this...especially in populated areas! I've been driving big trucks since 2006 and the need for parking is more than ever before! We have SOOOOOOO many trucks on the road now!!!
@@redarbz6545I lucked out since the guy that I purchased it from was moving to Panama and just wanted to sell it off fast, so we can came to a number that was fair for us..
I really appreciate you taking the time to make this video! It's extremely informative and helpful in so many aspects. I'm an owner operator myself who has had issues with truck parking. Upon that, I realized the opportunities available this field. A childhood friend of mine and myself are going to attempt a truck parking business. This video is beyond helpful!
13 six is the maximum height for big rigs on the US roads today and the front end is usually sometimes called the power unit or the rig. Being able to store them on tires also means that they can be picked up with a forklift or something like that to be able to move smaller vehicles in an emergency also it means that they can be towed out for nonpayment a lot easier to
Like the concept. I think it's a better sector than multi family. One concern of mine is that property taxes are often scary on industrial land. This can pose a challenge if starting from scratch with no cash flow.
@TylerCauble I'm from Canada, specifically Ontario, the land of high taxes. It's common in Canada to see established industrial zoned properties around major cities with property taxes of $30,000 to $50,000. This would be a property that's valued in the 1.5 to 3 million range and 1.5 to 3 acres in size. Usually, there is some kind of building and fencing already on the property. Not sure how that compares to where you are. For me, those taxes are prohibitive in starting something from scratch.
@@monty8996 Interesting. Companies here especially in midwestern logistics hubs are heavily tax incentivized by the city and state. I could put something similar near a large amazon distribution center, zappos, and medical device and vaccine warehouse, and get a 5 year abatement bc it's an industrial zone business housing equipment. I genuinely think the gravel would cost more per year than the security lol. Anyone who hasn't seen semis running on gravel doesn't understand how much it sinks.
I always been interested in the concept but know commercial land is high. Now hearing a bit more about how to structure and upsale by adding services I can see myself pulling the trigger. Way better than residential investment. The hunt starts now.
industrial land in the Vancouver area is around $7M CAD per acre. If he's getting 30k a month paying 2.5M. thats 360000/2500000 = 14.4% cap rate. in Vancouver 4-5% return is the norm because of escalating land prices
@@TylerCauble but then can you still rent it out for that money? Sometimes it seems like good timing rather than a good eye for investment. As in, if you bought/leased pre-covid.
Great video Tyler - thanks! When you say to aim in spending $300k - $500k per acre for IOS, is this for an existing/operating site or for one that you'd have to put together (meaning vacant parcel that you do the site work, fencing, etc)?
This is the asset class im most familiar with. Cheers to this guy for knocking it out of the park with this property. So looking fprward to pulling the trigger on my first property.
A couple points I found hard to swallow: 1. Trucks don't change their oil once a week, nor do most do their own oil changes. 2. No way you can park 30 - 40 trucks on one acre. You're not understanding that not all trucks are the same (don't have same turning ratios), and not all drivers are the same. Many drivers can't even back into warehouse facilities correctly and they have a ton of room to work with. If the driver cannot easily back into the front gate from the street, then they'll need room to maneuver inside the yard which will take up a lot of sqft! You can count the trucks and see what I mean at the 10:00 mark.
Sounds to me like some of Ron’s tenants are changing their oil frequently and doing it on their own. And the amount of vehicles you can park depends on the kind of vehicles you’re parking. They had well over 100 vehicles parked here - not all of them are 18-wheelers. If you were parking cars, you can fit around 150 on an acre, so 30-40 bigger trucks and 18-wheelers is entirely doable.
@@TylerCauble Not every week though. Average truck does 2500 miles a week. Synthetic oil can last over 20K (some guys will push it much longer). I personally think he's not utilizing that garage as much as he could. Find a mechanic tenant, that would make much more money. I get that it depends on the truck, but if you're going to have rig and trailers, they need room to maneuver or you'll have a bunch of accidents all the time and some pissed off customers. The real money is overnight parking. I have a friend that operates one in NC. It's private, not a truck stop. It's like short term rental compared to long term. In the right right market, you can make a killing.
Brian, just because you don’t believe it doesn’t make it so. Perfect rectangle lot will fit 2 rows of 20, 40’ trailers with an approx. 50’-60’ isle way. Use google earth and find a business that is maximizing their space. Off dock parking near Port of Oakland is a great example. Your welcome 😂
More like 20 to 25 per acre, due to the room you need to pull up and back in. Unless it’s small spaces for box trucks and such. I’ve got a few of these. Great channel!!!
The Karen’s in this comment thread. These interviews and videos are to help people get started and to help turn the gears. Keep living your 9-5 and wishing you had more freedom. This video answered a lot of questions for me gives some great starting points.
I have 10 acres off beltline and 45. Ive always thought about truck parking but theres no gravel, no fence, and no lighting. Wonder if truckers will pay for that.
Hi this video just sparked inspiration! I own a 1500 sq ft shop office it's not huge but I have a lot of property that I lease from the railroad and I only use a quarter of it for my towing & Recovery business. I am visible from and am right off a major interstate. There is a truck stop right across the street. I have semis that are always parking along my fence in the front because the truck stop gets full. I already have truck drivers parking their personal vehicles at my place and I do not charge them..just a couple, so I see the need. This is a fantastic idea for me but I'm not sure how to start. I already have an estimate to fence the property and already have overhead lighting. I would be willing to lease or sell the building to one of these IOS type of companies. Where do I find these trucking companies that are looking for a spot like this in my area?
You could have a portion of the land designated for "junk storage" if it is financially worth it. Then you could still get some of those tenants instead of not being able to offer that and losing a potential additional monthly income from that
Hey there, great vid. Information and knowledge shared is excellent. I have actually just come across this same property currently available for lease on Crexi. If this industry is as lucrative as it sounds, what would cause this property to become available for lease 3 months after this video was posted? I suppose I'm just thinking out loud here, however I just find it really interesting.
Glad you enjoyed it! Ron had leased up all of the parking spaces but still had the flex building available when we met with him - I’d imagine that’s what’s for lease
Hello Tyler, I saw this information this morning and found it to be very interesting. I'm a real estate investor in Dallas, single family and commercial. I wanted to get more information if possible on potential opportunities in the Dallas area, someone that is motivated to sale or if there are individuals that I could possibly partner with to get into this business. Appreciate ya!
My grandparents have a 1/4 acre lot on a main road in between a bank and an airboat builder in central Florida in a small town populated by about 4600. It's not worth putting a house, got any suggestions? I really want to help build up thier retirement income. I pay them as much as I can from my businesses but medical bills are a bitch. Thanks
Really depends on what else is going on in that small town - maybe you could rent the lot to the airboat builder for additional storage, maybe you could rent it to the bank for parking, maybe you could put a couple of food trucks on the lot and some picnic tables and call it a day. There are many different things you could do with it depending on how creative you want to get!
With a tow truck and a security guard I have parked in these kind of lots and all of the ones that I have seen have a guard shack and will tow unauthorized vehicles
He has a ton of tenants. There's no way the company he mentions has 30 trucks but that's the type of customer you want for these businesses. 10 to 30. lol
Yep, that’s correct - rent increases on average between 3% and 5% per year, so the longer you hold it, the better you should be cash flowing a property. 8% cash in cash day 1 is great, in my opinion
They’ll still need to park and charge. And they won’t be moving 100% of the time, they just won’t be that efficient. And we’re still a ways off from that being a thing, anyway, with all states having to pass laws allowing it in order for it to work. And if that’s the case then you can build a warehouse on it
I’m 18, currently running my own buisnesses and I’m alright off, I made 32k this year but I’m planning on getting a part time and study cyber security, but I wanted to buy a piece of land and put a double wide home on it, I already have some money saved up do you think I should do it or invest it in something more like this?
That’s simply not true. Maybe if you’re going for 40 semi-trucks with trailers attached, but no one said that’s what you’re going for. We finished a layout for 112 RVs on 3 acres…RVs. You can easily park 30-40 vehicles on an acre, it just depends on the kind of vehicle.
Hey, I liked your video! Im a student looking to get into the game and dont know how or where to start, I was wondering if hou could give any advice for me? Much appreciated!
Glad to hear you’re interested! Here’s a couple of videos I’d recommend: ruclips.net/video/Mda6gQVI5QY/видео.htmlsi=2gkCvMzqazzf9RP_ ruclips.net/video/TdMhVftpxjw/видео.htmlsi=aMh7uoYFAaOh5kTt
Truckers aren’t changing oil once a week Otr guys changing them 4-5 months out Theirs like 40-50 class a trucks and small amount of class C/B in that lot no where near 30-40 per acre
How do u keep track of which trucks are paying? If im renting a spot but will be gone during the week and a buddy of mine needs a place to park his truck for a day or two while he goes home, i can just tell him where my spot is and he can use it while im gone?
@johnperez93640 that gate is key code access only with cameras. Not hard to figure out if someone is parking in there that shouldn’t be. Same as an apartment complex - how do you know you don’t have squatters setting up everywhere? You go and check on the property
the author tells how everything is easy and cheap here, but then the guest says that he launched this business and invested more than a million dollars, almost free of charge, I’ll go open three
I'm eagerly looking forward to a potential housing crisis to make affordable purchases after selling some properties in 2025. I'm also considering investing in stocks as a backup plan. Any advice on the best timing for these investments? I've seen significant trading profits, but there are concerns about the market's instability and the chance of a dead cat bounce. Could you explain why this market phenomenon occurs?
Dealing in both real estate and stocks could indeed be a wise choice, particularly when accompanied by a carefully crafted trading plan to maneuver through profitable prospects.
In challenging market conditions, it's not about mistakes; it's more about lacking the expertise to thrive. During such times, seasoned individuals who weathered the 2008 financial crisis are best positioned to foresee substantial gains.
Contemplating the idea of consulting advisors for guidance has been occupying my thoughts lately. I'm at a point where seeking counsel could be beneficial, but I'm uncertain about the tangible advantages their services could provide.
Thank you for sharing, I must say, She appears to be quite knowledgeable. After coming across her web page, I went through her resume and it was quite impressive.
AKA look how this guy bought a dump, put no more than a couple grand into it and is now making a bunch of money to let people park their vehicles on his dirt lot. We even included how he charges people $20/tire to leave their used tires, and then he pays somebody $7/tire to remove them. 2.5 million for 5 acres with a dumpy old building on it, lmfao..wut?
@7:56 The lawyer says ios but best I can figure is he meant O&I, office and industrial. Not sure what else it could mean and iOS doesn't make much sense in context.
If I’m paying $250 I need a fully paved, very secure and well lit yard and since I’m in the Midwest I need a plug for my truck as well. Average truck parking around Chicagoland area is $185-225
Watch the video and you’ll realize there’s no way there’s 30 to 40 trucks per acre a lot of misinformation here you may be lucky to get 10 to 15 trucks per acre based on being able to move the truck freely
Do you think that “trucks” exclusively means “fully loaded 18-wheelers?” Cause I think you and I have a very different definition of the word “trucks” Editing to drop you some articles and studies to review: utia.tennessee.edu/cpa/wp-content/uploads/sites/106/2020/10/CPA-222.pdf trashcansunlimited.com/blog/truck-parking-layout-dimension/
I watched this vid because some friends and I are about to start a truck parking lot. Have been designing the traffic flow and parking to analyze several properties. IF the shape is right and you have enough land to work with, then 30-40 trucks (w/ trailers) per acre is most def doable. 30 degree angled, 12.5’ wide spaces
Buying a stock is easy, but buying the right stock without a time-tested strategy is incredibly hard. Hence what are the best stocks to buy now or put on a watchlist? I've been trying to grow my portfolio of $560K for sometime now, my major challenge is not knowing the best entry and exit strategie;s ... I would greatly appreciate any suggestions.
Why take a course 🤷🏼♂️ You can go into any real estate business and say you want to buy such property that is for sale! Then an agent will be assigned to you as your buying agent even if it’s not the listing agent or agency!!! All anyone cares about is do you have the funds to buy the property!
Get started investing in commercial real estate in 2024 with CRE Launch Pro - online courses, community, and 1-1 coaching with me! www.crelaunchpro.com
This is no joke...seriously you can't imagine the NEED for businesses like this...especially in populated areas! I've been driving big trucks since 2006 and the need for parking is more than ever before! We have SOOOOOOO many trucks on the road now!!!
@Hawksforever99 no kidding! There’s such a huge need for it out there
@@Hawksforever99 also in rural areas.
I purchased a corner lot on a main road back in 2006 for 4k.. I currently rent the lot out to 5 food trucks per month for $600 each..
Sounds like you timed it right!
Do the food trucks operate on the lot or are they only stored?
You made a great deal even for 2004
@@redarbz6545I lucked out since the guy that I purchased it from was moving to Panama and just wanted to sell it off fast, so we can came to a number that was fair for us..
@@Elishwagallesounds like they operate
I really appreciate you taking the time to make this video! It's extremely informative and helpful in so many aspects. I'm an owner operator myself who has had issues with truck parking. Upon that, I realized the opportunities available this field. A childhood friend of mine and myself are going to attempt a truck parking business. This video is beyond helpful!
Good luck let us know how it goes then.
This was a great interview playboy, just found this channel. I needed this extra info and knowledge.
Glad you enjoyed it! Welcome to the channel
Love this idea. Great informative walkthrough. Thanks for putting this together!
absolutely!
My 1st video and I’m hooked Tyler . I have a truck parking. This is my 2nd I started back in 2012. Great stuff . I’m about to watch all your videos
That is awesome! It's such a great sector to be in
13 six is the maximum height for big rigs on the US roads today and the front end is usually sometimes called the power unit or the rig. Being able to store them on tires also means that they can be picked up with a forklift or something like that to be able to move smaller vehicles in an emergency also it means that they can be towed out for nonpayment a lot easier to
I routinely pull loads over 13,6
New agent here... Thank you for this content and your other videos. Learned so much and have gotten so many great ideas from you!
Awesome to hear! Glad you're enjoying it
Like the concept. I think it's a better sector than multi family. One concern of mine is that property taxes are often scary on industrial land. This can pose a challenge if starting from scratch with no cash flow.
In my experience, property taxes on industrial real estate are significantly lower than other asset types. Have you seen otherwise?
@TylerCauble I'm from Canada, specifically Ontario, the land of high taxes. It's common in Canada to see established industrial zoned properties around major cities with property taxes of $30,000 to $50,000. This would be a property that's valued in the 1.5 to 3 million range and 1.5 to 3 acres in size. Usually, there is some kind of building and fencing already on the property. Not sure how that compares to where you are. For me, those taxes are prohibitive in starting something from scratch.
@@monty8996 Interesting. Companies here especially in midwestern logistics hubs are heavily tax incentivized by the city and state. I could put something similar near a large amazon distribution center, zappos, and medical device and vaccine warehouse, and get a 5 year abatement bc it's an industrial zone business housing equipment.
I genuinely think the gravel would cost more per year than the security lol. Anyone who hasn't seen semis running on gravel doesn't understand how much it sinks.
I always been interested in the concept but know commercial land is high. Now hearing a bit more about how to structure and upsale by adding services I can see myself pulling the trigger. Way better than residential investment. The hunt starts now.
happy hunting!
Great visit Tyler! Glad to share some insight into IOS!!
Thanks for giving us the tour!
Man this is the most interesting side of real estate to me. Love these videos. Hope to invest in ios / flex one day soon
industrial land in the Vancouver area is around $7M CAD per acre. If he's getting 30k a month paying 2.5M. thats 360000/2500000 = 14.4% cap rate. in Vancouver 4-5% return is the norm because of escalating land prices
great calculation on the numbers
Yeah it’s tough to pull that off within city limits / larger cities. Best to go to the suburbs / rural areas around it
@@TylerCauble but then can you still rent it out for that money? Sometimes it seems like good timing rather than a good eye for investment. As in, if you bought/leased pre-covid.
Great video Tyler - thanks! When you say to aim in spending $300k - $500k per acre for IOS, is this for an existing/operating site or for one that you'd have to put together (meaning vacant parcel that you do the site work, fencing, etc)?
That would be for one that could easily be converted into this use, but you may be able to find some that are cheaper depending on the location
This is the asset class im most familiar with. Cheers to this guy for knocking it out of the park with this property. So looking fprward to pulling the trigger on my first property.
Such a great asset class!
Great video brotha. Definitely learned something new for the future
A couple points I found hard to swallow: 1. Trucks don't change their oil once a week, nor do most do their own oil changes. 2. No way you can park 30 - 40 trucks on one acre. You're not understanding that not all trucks are the same (don't have same turning ratios), and not all drivers are the same. Many drivers can't even back into warehouse facilities correctly and they have a ton of room to work with. If the driver cannot easily back into the front gate from the street, then they'll need room to maneuver inside the yard which will take up a lot of sqft! You can count the trucks and see what I mean at the 10:00 mark.
Sounds to me like some of Ron’s tenants are changing their oil frequently and doing it on their own.
And the amount of vehicles you can park depends on the kind of vehicles you’re parking. They had well over 100 vehicles parked here - not all of them are 18-wheelers. If you were parking cars, you can fit around 150 on an acre, so 30-40 bigger trucks and 18-wheelers is entirely doable.
@@TylerCauble Not every week though. Average truck does 2500 miles a week. Synthetic oil can last over 20K (some guys will push it much longer). I personally think he's not utilizing that garage as much as he could. Find a mechanic tenant, that would make much more money.
I get that it depends on the truck, but if you're going to have rig and trailers, they need room to maneuver or you'll have a bunch of accidents all the time and some pissed off customers.
The real money is overnight parking. I have a friend that operates one in NC. It's private, not a truck stop. It's like short term rental compared to long term. In the right right market, you can make a killing.
Do you have a contact email/ #?
Brian, just because you don’t believe it doesn’t make it so. Perfect rectangle lot will fit 2 rows of 20, 40’ trailers with an approx. 50’-60’ isle way. Use google earth and find a business that is maximizing their space. Off dock parking near Port of Oakland is a great example. Your welcome 😂
That's Crazy & those Truck Lots Most Aren't even Paved. Gotta get Me 1!!!
Haha yes you do!
More like 20 to 25 per acre, due to the room you need to pull up and back in. Unless it’s small spaces for box trucks and such. I’ve got a few of these. Great channel!!!
What zoning is typically needed for this? I might have missed that in the video.
Every municipality has different zoning codes so you’ll have to look specifically in your area, but typically office, industrial, or even mixed-use
Looking forward to this! Thank you for your opportunities!
It’s gonna be a good one! Glad you’re enjoying them 👊🏼
The Karen’s in this comment thread. These interviews and videos are to help people get started and to help turn the gears. Keep living your 9-5 and wishing you had more freedom. This video answered a lot of questions for me gives some great starting points.
I love hearing that - we’ve got some more amazing videos in this style dropping this year!
I have 10 acres off beltline and 45. Ive always thought about truck parking but theres no gravel, no fence, and no lighting. Wonder if truckers will pay for that.
Wooden fence minimum bro go for it
Hi this video just sparked inspiration! I own a 1500 sq ft shop office it's not huge but I have a lot of property that I lease from the railroad and I only use a quarter of it for my towing & Recovery business. I am visible from and am right off a major interstate. There is a truck stop right across the street. I have semis that are always parking along my fence in the front because the truck stop gets full. I already have truck drivers parking their personal vehicles at my place and I do not charge them..just a couple, so I see the need. This is a fantastic idea for me but I'm not sure how to start. I already have an estimate to fence the property and already have overhead lighting. I would be willing to lease or sell the building to one of these IOS type of companies. Where do I find these trucking companies that are looking for a spot like this in my area?
Tyler, I am new to this, I own some land in Greyson County Tx., am thinking about opening a truck parking, don't know how and where to start....
Congrats! I would recommend reaching out to your local industrial brokers and exploring the opportunities with them
The trailer height is 13'6". You have to lift the truck to repair it. If the concrete is too thin, it cracks.
For sure
You could have a portion of the land designated for "junk storage" if it is financially worth it. Then you could still get some of those tenants instead of not being able to offer that and losing a potential additional monthly income from that
Yep, absolutely you could
Loved this video man! Keep up the great work.
Glad you liked it, man! Appreciate you
This definitely a hidden gem and something ive researching
🔥🔥🔥
Hey there, great vid. Information and knowledge shared is excellent. I have actually just come across this same property currently available for lease on Crexi. If this industry is as lucrative as it sounds, what would cause this property to become available for lease 3 months after this video was posted? I suppose I'm just thinking out loud here, however I just find it really interesting.
Glad you enjoyed it! Ron had leased up all of the parking spaces but still had the flex building available when we met with him - I’d imagine that’s what’s for lease
My biggest takeaway from this is that he found this off market. I'm definitely taking that into consideration from now on.
That's a great way to do it!
Hello Tyler, I saw this information this morning and found it to be very interesting. I'm a real estate investor in Dallas, single family and commercial. I wanted to get more information if possible on potential opportunities in the Dallas area, someone that is motivated to sale or if there are individuals that I could possibly partner with to get into this business. Appreciate ya!
Hi Gaylon - drop us an email and I’ll connect you with me team. office@thecaublegroup.com
Dallas is much different than many other areas in the usa ,so this idea is fine there but other areas ?? Don't think so
My grandparents have a 1/4 acre lot on a main road in between a bank and an airboat builder in central Florida in a small town populated by about 4600. It's not worth putting a house, got any suggestions?
I really want to help build up thier retirement income. I pay them as much as I can from my businesses but medical bills are a bitch.
Thanks
Really depends on what else is going on in that small town - maybe you could rent the lot to the airboat builder for additional storage, maybe you could rent it to the bank for parking, maybe you could put a couple of food trucks on the lot and some picnic tables and call it a day. There are many different things you could do with it depending on how creative you want to get!
How do you prevent trucks from squatting? Prevent theft?
Make sure it’s all covered in the lease, but you could just have them towed away
Love the concept, I got a 4 acre parcel in Louisville and in planning phase for a new use.
Squatting lol 😂 not in Miami, Florida they will put a lien on those trucks real quick lol 😂
Security guard
With a tow truck and a security guard I have parked in these kind of lots and all of the ones that I have seen have a guard shack and will tow unauthorized vehicles
Great video! you need more subscribers!!!
I appreciate that! On the road to 100k this year 😁 makes it so much fun getting to interact with everyone in the comments
Simply amazing video. That is Great stuff.. Please talk about How is raised the money. More important.
I appreciate it! Here’s a video on raising capital: ruclips.net/video/9YjDnL5_KRQ/видео.htmlsi=SJ6JBYwIyuSoYBp1
Tyler I would be curious to know what software he is using if you have any way of finding out I would be curious? Thanks great video!
Glad you enjoyed it! I'm not sure which software he's using - you could use a generic property management software if you set it up properly
People are doing businesses and i am strugling for a job 😢😢😢😢😢
Yes
🤷🏻♂️
He has a ton of tenants. There's no way the company he mentions has 30 trucks but that's the type of customer you want for these businesses. 10 to 30. lol
The more vehicles, the better! The fleets are always easier to deal with than one-off users
This has been my dream for a long time
It’s a fun business to be in
How much do you need to start one of these?
Check out 11:15
$0.00.find the deal you'll find the money
8 - 9% CoC does not seem so great but if I understand correctly eventually it will have a much higher yield if you reinvest initial returns?
Yep, that’s correct - rent increases on average between 3% and 5% per year, so the longer you hold it, the better you should be cash flowing a property. 8% cash in cash day 1 is great, in my opinion
Tyler how do I find this space
How much does it cost? This spot in the video?
He covered costs towards the end of the video
I am interested in learning more about
IOS is great - definitely worth diving into further
Thanks for making content tyler ❤❤
Of course! Glad you like it
My concern with this business idea is in self driven semi trucks not needing to park.
They’ll still need to park and charge. And they won’t be moving 100% of the time, they just won’t be that efficient. And we’re still a ways off from that being a thing, anyway, with all states having to pass laws allowing it in order for it to work. And if that’s the case then you can build a warehouse on it
I was thinking along the same lines in that the independent trucker that this business caters is an endangered species.
I’m 18, currently running my own buisnesses and I’m alright off, I made 32k this year but I’m planning on getting a part time and study cyber security, but I wanted to buy a piece of land and put a double wide home on it, I already have some money saved up do you think I should do it or invest it in something more like this?
Bro, we need to talk. My business also did like 32-33 this year. I do vending machines, you?
Thanks for the knowledge
You bet!
What about the rise of autonomous trucks and vehicles?
You'll need two acres just to get that one acre of 30 to 40 truck spots to fit right. Maybe even 3 acres.
I get you.. youre referring to the backing / parking of the truck and trailer.. maneuvering.
That’s simply not true. Maybe if you’re going for 40 semi-trucks with trailers attached, but no one said that’s what you’re going for. We finished a layout for 112 RVs on 3 acres…RVs. You can easily park 30-40 vehicles on an acre, it just depends on the kind of vehicle.
I just bought 3.5 commercial acres. I’m excited. Very rare opportunity I caught in a massively growing area
Hey, I liked your video! Im a student looking to get into the game and dont know how or where to start, I was wondering if hou could give any advice for me?
Much appreciated!
Glad to hear you’re interested! Here’s a couple of videos I’d recommend:
ruclips.net/video/Mda6gQVI5QY/видео.htmlsi=2gkCvMzqazzf9RP_
ruclips.net/video/TdMhVftpxjw/видео.htmlsi=aMh7uoYFAaOh5kTt
@@TylerCauble will check them out, thanks!
@krsna_gwda anytime 👊🏼
Truckers aren’t changing oil once a week
Otr guys changing them 4-5 months out
Theirs like 40-50 class a trucks and small amount of class C/B in that lot no where near 30-40 per acre
👍
This only works in certain places down here in Miami you better have 10m plus for 5 acres if you can find it.
Correct - it’s not going to work in downtown, urban cores where land is expensive. That’s why IOS is typically in the suburbs / rural areas
How do you make sure that tenants are only parking how much they paid for?
Just manage the parking lot. Most landlords number the spaces and assign them to the tenants
Thanks, interesting content
Anytime!
Good video !
If he was to put a mechanic shop somewhere in that lot, wouldn't the municipality get at him for hazardous materials? (engine oil, other fluids, etc)
No, not necessarily - depends on the zoning and protocols for handling those materials. New auto / mechanic shops are put up all the time
Buys the property with no plan or capital to improve anything but immediately raises the rent.
Sometimes deals work out like that 🤷🏻♂️ previous ownership was charging below market rates
How do u keep track of which trucks are paying? If im renting a spot but will be gone during the week and a buddy of mine needs a place to park his truck for a day or two while he goes home, i can just tell him where my spot is and he can use it while im gone?
They have these crazy things called license plates
@@Ryan-wx1bi and the owner of that lot goes and checks all those things called license plates every time a truck pulls into the lot to park?
@@johnperez93640 cameras... I know, mind blowing stuff
@johnperez93640 that gate is key code access only with cameras. Not hard to figure out if someone is parking in there that shouldn’t be. Same as an apartment complex - how do you know you don’t have squatters setting up everywhere? You go and check on the property
@@TylerCauble i highly doubt that owner stays on sight to keep an eye on which trucks are coming in.
Im sitting here thinking that they could take the used oil from all those oil changes and turn into diesel and sell it back to the truckers. 🤑
😂
4:11 "has to be inflated" 😂
🤣
Where's this location?
It’s outside of Dallas, TX
Find good lot rent out consignment by month all vehicle s must run trailers must in decent shape to sell u get percent of all cells
It's a great business model!
Change Auto 🚀
for sure
Thank you
Anytime!
the author tells how everything is easy and cheap here, but then the guest says that he launched this business and invested more than a million dollars, almost free of charge, I’ll go open three
It's cheaper because you don't have to buy buildings, just land
How can I get in contact with you?
office@thecaublegroup.com
I gotta make a video about this thank you
For sure
thanks for the reply i'll ping you once its up thank you!@@TylerCauble
Great Tyler thank you
Absolutely!
@@TylerCauble😢
Wow that’s my goal, I’m a truck driver myself 😊😮
I like it! Buy all the places you have to park haha
@@TylerCauble 😂 im looking forward to that
This is a good idea
🔥
Great video
Glad you enjoyed it! Thanks for stopping by
We expanded to dallas because a bullet train was to be made a reality.
The US could definitely use more trains!
Brains beat brawn every time ❤
For sure
Direct mail?
Mail sent directly to the property owners
I'm Ron? LOL 🤣
😂
I'm eagerly looking forward to a potential housing crisis to make affordable purchases after selling some properties in 2025. I'm also considering investing in stocks as a backup plan. Any advice on the best timing for these investments? I've seen significant trading profits, but there are concerns about the market's instability and the chance of a dead cat bounce. Could you explain why this market phenomenon occurs?
Dealing in both real estate and stocks could indeed be a wise choice, particularly when accompanied by a carefully crafted trading plan to maneuver through profitable prospects.
In challenging market conditions, it's not about mistakes; it's more about lacking the expertise to thrive. During such times, seasoned individuals who weathered the 2008 financial crisis are best positioned to foresee substantial gains.
Contemplating the idea of consulting advisors for guidance has been occupying my thoughts lately. I'm at a point where seeking counsel could be beneficial, but I'm uncertain about the tangible advantages their services could provide.
The licensed coach I use is ’Grace Adams Cook’ research the name. You'd find necessary details to work with a correspondence to set up an appointment.
Thank you for sharing, I must say, She appears to be quite knowledgeable. After coming across her web page, I went through her resume and it was quite impressive.
I used to park there
That’s amazing 😂
AKA look how this guy bought a dump, put no more than a couple grand into it and is now making a bunch of money to let people park their vehicles on his dirt lot. We even included how he charges people $20/tire to leave their used tires, and then he pays somebody $7/tire to remove them.
2.5 million for 5 acres with a dumpy old building on it, lmfao..wut?
A lot easier to sit on the sidelines and complain about others taking risk, putting work in, and making the returns, eh?
4:00 guessing thats homeboys Porsche.
😂
🤣😂🤣
I wouldn’t allow trucks carrying Hazmat to wash out their trucks onsite. You’ll have the EPA breathing down your neck.
@7:56 The lawyer says ios but best I can figure is he meant O&I, office and industrial. Not sure what else it could mean and iOS doesn't make much sense in context.
No - he meant IOS. Industrial Outdoor Storage
@@TylerCauble Ah thank you!
@wasjosh anytime!
Awesome
👊
Hieght above 13'6" is useless except for forklifts
That's right - many tenants nowadays have forklifts to take advantage of taller ceilings.
I have NEVER seen truck parking for $250 a month…That’s absolutely to much money
Full of potholes, typical lawyer. I wouldn't trust that guy as far as I could throw him.
Pricing depends on market and demand 🤷🏻♂️ and this lot is about as close to full as you can get
If I’m paying $250 I need a fully paved, very secure and well lit yard and since I’m in the Midwest I need a plug for my truck as well. Average truck parking around Chicagoland area is $185-225
In toronto it's $400 to $600 a truck 😂
@user-yi7vc4qh1q $700-$1000 here in the heart of Los Angeles for a 53ft tractor & trailer 😨
Watch the video and you’ll realize there’s no way there’s 30 to 40 trucks per acre a lot of misinformation here you may be lucky to get 10 to 15 trucks per acre based on being able to move the truck freely
Do you think that “trucks” exclusively means “fully loaded 18-wheelers?” Cause I think you and I have a very different definition of the word “trucks”
Editing to drop you some articles and studies to review:
utia.tennessee.edu/cpa/wp-content/uploads/sites/106/2020/10/CPA-222.pdf
trashcansunlimited.com/blog/truck-parking-layout-dimension/
I watched this vid because some friends and I are about to start a truck parking lot. Have been designing the traffic flow and parking to analyze several properties. IF the shape is right and you have enough land to work with, then 30-40 trucks (w/ trailers) per acre is most def doable. 30 degree angled, 12.5’ wide spaces
It's not easy or cheap either...
Certainly can be - just depends on how much you know and how hard you work to find it
@TylerCauble I bought 1.4 acres of industrial land in Bay City, Michigan on a land contract but getting approval is another obstacle
Buying a stock is easy, but buying the right stock without a time-tested strategy is incredibly hard. Hence what are the best stocks to buy now or put on a watchlist? I've been trying to grow my portfolio of $560K for sometime now, my major challenge is not knowing the best entry and exit strategie;s ... I would greatly appreciate any suggestions.
yeah totally
He will have environmental issues on that dirt as well. The clean-up of the brown dirt if he ever redevelops it will be very expensive.
can you explain?
@@wisdomandlove1661i think he's referring to oil contamination.
You can control all of that through the lease and put the burden on the tenant to remediate any issues that they cause during their lease term
Come visit our warehouse/commercial parking! 23,000 sqft
I’m 25 years old and would love to collaborate
Happy to take a look at it. Shoot some info to office@thecaublegroup.com
I hope oil changes evey 10 to 15k miles
for sure
Not the rarri flexing in the parking lot
😂
🔥💨💯💪🏾
👊🏼👊🏼
Be careful. This does not fly everywhere. Especially in Southern Komifornia…
There’s industrial outdoor storage all over Southern California.
@ like I said. Be careful. You may not get to what you want with the property you just bought….
How about piss bottles??
I’ve been wanting to do this here in AZ anyone want to partner!!
Yeah let's do it
I’ll partner!
@@Lawrence_of_Asia I’m on the hunt to find some good land!
It's a great model!
Why take a course 🤷🏼♂️
You can go into any real estate business and say you want to buy such property that is for sale! Then an agent will be assigned to you as your buying agent even if it’s not the listing agent or agency!!!
All anyone cares about is do you have the funds to buy the property!
You can get all the info on this channel for free 🤷🏻♂️
To bad the industry is going autonomous.😢
Gonna be years before that happens, and even if it does, parking isn’t the only outdoor storage need in this business