03-25-2022, 06:23 AM
Buying land or property to install and lease digital billboard
<!-- SC_OFF --><div class="md"><p>I have a few residential rentals and will probably be selling one soon. I'm researching different investments and came across the digital billboard market. My plan would be to buy the land and the digital billboard but having a management company (probably an outdoor or advertisement agency) sell the ads and operate it. Ideally I would get a property on a high traffic road and, if a building exists, be able to lease the building separately. I have the impression that it could be very profitable.</p> <p>Has anyone here done something similar? </p> <p>I'm specifically trying to find hard cost (digital billboard with installation), operational cost, and revenue/ROI.</p> <p>Any feedback is much appreciated. Thanks.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/reddit33764"> /u/reddit33764 </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/tna1br/buying_land_or_property_to_install_and_lease/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/tna1br/buying_land_or_property_to_install_and_lease/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>I have a few residential rentals and will probably be selling one soon. I'm researching different investments and came across the digital billboard market. My plan would be to buy the land and the digital billboard but having a management company (probably an outdoor or advertisement agency) sell the ads and operate it. Ideally I would get a property on a high traffic road and, if a building exists, be able to lease the building separately. I have the impression that it could be very profitable.</p> <p>Has anyone here done something similar? </p> <p>I'm specifically trying to find hard cost (digital billboard with installation), operational cost, and revenue/ROI.</p> <p>Any feedback is much appreciated. Thanks.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/reddit33764"> /u/reddit33764 </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/tna1br/buying_land_or_property_to_install_and_lease/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/tna1br/buying_land_or_property_to_install_and_lease/">[comments]</a></span>Kind Regards R