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Ep. 16 Why You Need To Buy Parking Lots with Mike Bell
Manage episode 319066771 series 2994834
Truck stops offer fuel, food, and lounging for motorists and truck drivers on roadsides. These commercial facilities thrive on the turnover of customers that travel long-distance. But despite what this business model can give to drivers, truckers still face a shortage of conducive parking spaces in the United States. In this episode of Wealth Science Podcast, Mike Bell talks about his views on passive income, networking, mentorship, the demand for parking lots, and the real estate and operation side of investing in parking spaces.
Outline of the episode:
- Mike Bell – on breaking through after not giving up
- Plan, talk to a lot of people, and find value!
- Operating a parking lot – how it works
- The revenue breakdown of an average parking lot
- Truckers need more parking spaces
About Mike Bell:
Michael Bell is a Chief Petty Officer in the United States Navy. In his off-duty hours, Michael invests in income-producing parking lots and structures. He also connects veterans with jobs in the parking industry.
Catch up with Mike Bell:
LinkedIn | Michael Bell
Connect with your host Jesse Futia on:
LinkedIn | Jesse Futia
Facebook | jesse.futia
Twitter | @FutiaJesse
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financial freedom. I am not a CPA, attorney, or financial advisor. The content
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duty to verify all information yourself. I hope you enjoy all the free content
as we continue to bring on amazing guests.
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