Wanna rent an island for $300 per month and 50/50 on all profits

Wanna rent an island for $300 per month and 50/50 on all profits

Hi i want to rent a private island for $300 a month (every 28 days) and go 50/50 on all rental profits made. i would like to have control over the Estate/region options if at all possable (for changing the sky when windlight finally come out and terrain texture)

I am looking to build a RarkRP sim with clubs/market spaces/residential flats/a goth club/parcels for rent/an urban grime freebie shop (suplies like street lights, road segments etc)

The place events will incude competitions (to win L$)/dark rollplay/DCS enabled combat/partying/illegal style raves (not actualy illegal, just in the style)/street parties/shopping cart racing and treasure hunts (dark rollplay themes, such as finding keys to a vault)

I have loads more idea's and a small but very loyal customer base right from the start, i currantly rent a sim with a city called Felonhall, take a look. the island city will be built better (as Felonhall was my first build in SL) and use ALOT less prims. it wouldn't take to long to build either (say a week or 2, i am a very fast builder)

Please get in kontact Chaos Bikcin in world, or email [email]Chaos@Brighton-rock.net[/email]

I am open to joined projects

EDIT: more info

I would like to rent out the island for as long as possabe, so indefinatly and the expected revenue i cannot predict, only that it will be WAY over 30,000L$ once its all up & running

built time again i can't give an exact time, only to say that i am a quick builder & i am VERY sure that it will be all up & running before the year is out

Ad's can be placed around the city (billboards, at the entrance hub & at the bottom of welcome notecards) for the island owner(s)

*i know this isnt really the place 2 post this, but more ppl will see it & it will increase my chances*

bump

If I had that kinda' $$ I'd back ya Chaos after seeing your builds.

Stick in there dude .. I'm sure someone who has the cash will stand by ya.

Good luck.

Cheerz dude, u know "old" Felonhall was my first SL build, the new one will use alot less prims & much nicer more soft roads and buildings etc


**

come on ppl.... theres gotta be someone out there!

So let me see if I have this right... You want to rent and island for $300 a month and have all the powers? So this would leave the person who purchased the island powerless on their island? Are you talking $300L a month or $300USD a month?

I'm sorry, but I don't think many people here will purchase an island with costs close to a $1000USD and have no say over what happens on the island. On top of that... you would only give 50% of any profits... I would say 80/20 would be more fair since you seem to be getting the better deal out of this.

Just my $2L.

Seriously? You must be kidding, there are islands out there that are 100% rented letting the renter have 100% control of the entire sim. (BTW, sims cost closer to $2k, not $1k) I dont think the offer is all that bad, though there is an emliment of risk involved. The $300 usd covers their tier each month (+$5) and the 50/50 would be the profit they would make once the place was up and running. It isnt a bad proposition, but thats just my opinion. I am sure there is someone out there with a full sim to rent that might be willing to go into this with them. This IS why a lot of people buy sims, to rent them out...normally for more, but this has the 50/50 offer included. I mean, all they have to do is sit back and make money each month if all goes well. Whew, hard work

the owner wouldn't be powerless, if he didnt want the offer then he can just move on 2 the next. and second it dosnt have to be a brand new island, there are 100's of islands out there that the owners want to just rent out, and the fact that the owner dosnt have 2 do anything 2 earn some L$ (or US$ if via paypal) is a good deal.

There is 1 guy, but someone swiped the island before he had chance to turn off the "for sale" check.

Kool, and if he saw my building work (i design game worlds and textures as part of work) think they'd reliese that it might be quite a big thing in SL, obviously it wouldnt be instant, nothing in life ever is, but once its built it would take off seriously

From a business angle, I have two questions.

1) how long would the intended rental period be, i.e. 3 months, 6 months, 12 months, indefinate? And would you be willing to commit to a set period, i.e. 12 months. And,

2) the 50/50 split in itself is meaningless without some clue as to what amount of L$ or US$ it represents. How much revenue do you expect per month, and from what source? I.e. residential rentals, retail rentals, or retail sales?

From an 'investment' angle, someone's going to put up the US$1675 for you and trust you to pay the $295/month island fee, they need to know how long it will take for them to recover their $1675 investment and start realizing a profit.

To be honest, I am curious why you don't just buy your own island? If you're already committed to covering US$300 / month and committed to giving away 50% of any profit, why not buy your own island, keep all the profit, and use the profit to pay down the $1675 expense yourself?

-Atashi

If you can afford $300/month from day 1, you could afford a personal loan/credit card debt for the amount of a sim purchase.

If your idea is as solid as you think, you'd pay the sim back over say a year and still have the resale value in case you ever decide to close as "profit". If it's not, why would someone else take a risk you yourself aren't willing to take?

(I'm not trying to be negative here . But it seems a bit odd to me that someone who's willing - and able - to drop $300/month on an idea couldn't just go all the way and fund the entire thing)

regardless of the value of this idea - Doesn't this thread belong in "Products wanted" or something.

Ah ok yeh i should have stated how long, well the period is indefinatly, basicly forever (well for a long ass time anyway)

and as for revenue, im not 100% sure, but a rough estimate is anything between 20,000L$ and 50,00L$, abviously increasing with time

well there are 3 reasons as to why i won't just buy land, 1: i am in the UK, and it will cost me a hell lot more 2: i don't nor do i EVER want to have a credit card or take out any loans, i am very sensible with money. and 3rd: i cant afford a $1650 in one go. as i said i DO NOT take out loans and will not go near a credit card, i never want to end up in debt.
and you HAVE to have a credit card to be a premium member and i think u also need a credit card to purchase an island.

I'm not in this ALL for the money, i want to put my heart into this and take my time with it, it will earn alot more money in the long run if i take my time and make it solid and build a trusted customer base

2 reasons i posted it here, 1 it is a kind of question and 2 i wanted feedback and u cant reply 2 posts made in classified

k

well on the plus side you can buy in for only $300 US - rather than $2200.

The real question is whether you can even break even - since you have to earn $300 US a month.

After that the question becomes can you make enough profit that its worthwhile. Since you will only be able to keep half.

Also it would have to be worthwhile for the actual island owner - can they give up half their potential profit in return for you managing the island? It might be cheaper for them to just higher a rental manager.

And last but not least - If its a VAT island all the prices go up.

well i dont have 2 worry about me, i am willing to spend $300 on an island a month (and no im not rich, but it only gets wasted down the pub or on copiase amounts of drugs otherwise) and yes a profit will be made, well for the island owner anywayz. this is something i really enjoy and dont expect anything back out of


It ticks the good boxes...
Is it illegal: no
Is it bad for you: no
Is it good for you: YES (find it hard 2 socialize, SL has made it easier in real life!)
Does it kill otherwise wasted time: no
Does it hurt other people: no
and does it make other people happy: YES!!!

Most other stuff i find fun im my life is either illegal (squat parties/ raves and drugs) or just REALLY realyl bad for me (drinking in excess of 3 or 4 bottles of vodka a week) since i've been on SL this week i havnt been anywhere near a bottle of vodka and havnt touched any drugs or been bored and even spent time with my RL mates.

all i can say is lol

have u even done the math?
what ur asking the island owner is such an HUGE risk no one in their right mind will do it

go rent land on the mainland and save $100 while at it

From a business point of view, your numbers do not look like a good investment for the partner, in my opinion. I understand you are saying *you* aren't doing this for the money, but your partner certainly would have to be, unless they were doing it out of the goodness of their heart.

The profit amount you are estimating, L$20,000 to L$50,000 is not much, when you are only looking at 50% of it. That's between US$36 and US$90. Average of US$63 per month (and throw in the $5 left over from the $300 rent), that means the US$1675 investment is going to take about 25 months to pay down before the partner sees any profit. That isn't taking into consideration any interest they have to pay, if they borrowed money for the island or put it on their credit card.

It does come back a bit to what Kitty was saying -- you want someone else to take the risk and front the money. I'm not questioning your reasons for it, but if you want someone else to take the risk, because you are too sensible with money to get a loan or use a credit card... well you see what I mean.

Perhaps you should have a look at the nearby thread about the map being half yellow. It seem that Ansche Chung has a number of full sims that are empty and ready for rental. I don't know what her rates are but seeing as she already has money invested and already has the islands empty and waiting, it might be a good fit? Alternatively, just go inworld and use land search, set the area for 65536m and see what's available.

-Atashi

I think that would be the best way to go, look for someone that already has an island that they need to rent out. I am sure (as I was land hunting not too long ago and there is a toooon of for rent land otu there) that you shouldnt have trouble finding something to rent. Just rent it and dont split the profits 50/50....that should ensure you making more to put towards your rent, at the very least.

There is no such thing as an island owner being powerless. They always have the right to boot the person out, and to restrict options in the estate tools. This is far, far from being powerless.

There is a huge difference here in the approach. The guy wants a full island, with terraforming rights, to develop a destination based on his artistic proclivities. If you don't agree with his vision, you pass on it. If you agree with it, but want some control, you offer to change the agreement to have input on the development, or pass on it. If you want to micromanage down to the last parcel option, this is NOT for you, you pass on it. If I was an island owner and really liked his style, and wouldn't mind making next to nothing on the island, I would back it. And I wouldn't hamper his freedom to express himself beyond legal concerns.

I still don't understand why you would continually just give someone $300/month. If you do the math... Within 6 months of just socking that money away, you would have the $1,600 to purchase your own island. I only suggest this becuase any invester would charge interest on this loan. In reality this would be a loan becuase someone is fronting the money - loaning you the money. The only difference is that their name would be on it, along with all the risk. The $300 rent would only cover tier minus some change. 50% of profits would go a short way as to paying back that loan they took (bank or credit card).

Also an invester is going to consider the risk factor... At any time you could just decide "this isn't working" and just leave, or what if you have an RL situation that prevents you from coming onto SL. Then said investor would be stuck with an empty island with a huge tier until it could be sold. Would you be willing to repay the rest of the balance for what was paid for the island since obviously no more money is coming in.

I think that you can have a debit card and still be premium, LL does not care how the money comes - just as long as it is paid each month. My advice would be that you put money away to buy an island outright and have 100% rights and control. The risk factor is low to any investors that would want to help you get started, and it seems you have good ideas and I do wish you all the luck.

Now another option would be to go 50/50 on buying the island, less risk factor and it seems more fair to both parties. Then there is less of a loss should one party decide to leave SL for whatever reason.

I probably sounded rude earlier... Sorry

Well im sure it will be well over L$50,000. this is talking near future estimates. I hope there is someone out there, my landlord is going 2 sell her sim and leave SL soon so it needs to happen in the near future

There are also other perks that the OP could toss in to get an island owner interetsed. If the owner is one that rents out land, having a specific place on the build that could be an office of sorts would be nice. If a lot of traffic is going to be passing through, having a place that informs people of the sim owners other rentals and you could have a great advertisment for them. Things like this would peek the interest at least....negotiate your way into it.

Im really curious to see if you get a spot to do this, sounds like you have a lot of passion for the project you want to do, enough so that it keeps you from doing other things in your RL that werent productive. Most often sl causes people TO drink, not stop drinkin

Thanx, oh yeh i will add that 2 the OP, island owners can place adds not just in the entrance hub, but on the billboards around the town aswell. and even a TP at an appropriate location (such as in a dark tunnel, the user get a TP asking them to TP to xxx location and saying to the user (This dark tunnel leads to xxx location, do you wish to teleport?) kind of thing


Also there is an existing place if anyone wants to see how i build, its Felonhall (just do a search in SL) and the next build will be alot better as this was my first build in SL

Something i forgot 2 mention

If you are a land-owner i can build you some VERY realistic looking things, if i am renting from you then all for free.

My specialities are houses, shops, boardwalks, piers, nightclubs, and most other buildings all low-prim and WILL include shading and shadow effects (all pre-baked onto the textures), i can make details such as trees (not the LL trees or cardboard slot trees, my own 3D trees, also under 20 prims eah) also with shadows (even animated shadows) that i can either make as an extra prim or bake onto the terrain (using my own terrain textures)

I can also build skyspheres (not the kind you see floating in ths ky with brothels in) that cover the entire island and the yukky default SL sky, can make it look very realistic.

I can make void backdrops (large objects such as mountines that go just outside the island borders, known as the void area to make it look bigger, its not illegal) i specialize in making city backdrops/ mountines/hills or large plain/desert backdrops, can even make it look exactly like the moon if wanted (using my own star-scape, not the default sky)

and ofcourse he couldn`t resist...

hey Strife, how about it befor i feel tempted to make advertisement threads in here aswell