Anyone investing in these? Shipping containers.
http://www.oyosc.com.au/pdf/oyosc-information-brochure.pdf
http://www.oyosc.com.au/pdf/oyosc-information-brochure.pdf
Shipping containers
- Thread starter Dylan33
- Start date
Shipping containers are like milk cartons. They have a use by date and are valueless for freight.
http://www.royalwolf.com.au/ is a great success story for recycling these huge steel pieces of junk. We used to buy / rent them for construction projects as nobody can easily access them when they are properly locked. All materials and site tools can be left in situ and when job is done float it out to office or to next project. They have found many other uses incl classrooms, medical evac, military, etc....Easy to fitout as they are modular.
The cost of rental indicates their value. We only bought one then found rental the smart option. You cant even truck them long distance when they are out of date.
Wolf told me they lose HEAPS to theft. Hey its the construction industry !! Since they acquire them for almost nothing I suspect they don't care. Some have been used to bury stolen car bodies and other bodies by OMCGs.
http://www.royalwolf.com.au/ is a great success story for recycling these huge steel pieces of junk. We used to buy / rent them for construction projects as nobody can easily access them when they are properly locked. All materials and site tools can be left in situ and when job is done float it out to office or to next project. They have found many other uses incl classrooms, medical evac, military, etc....Easy to fitout as they are modular.
The cost of rental indicates their value. We only bought one then found rental the smart option. You cant even truck them long distance when they are out of date.
Wolf told me they lose HEAPS to theft. Hey its the construction industry !! Since they acquire them for almost nothing I suspect they don't care. Some have been used to bury stolen car bodies and other bodies by OMCGs.
The wording in the blurb is VERY similar to this guy, my BS meter is flashing
http://forums.whirlpool.net.au/archive/2288284
<<So companies similar to this http://pacifictycoon.com/ are promising a guaranteed return of 12% for the purchase of a shipping container and then leasing it to shipping companies ? or more than 12% if you give up the guarantee, with an initial investment of only $4100 USD.
From their website, the container will be bought back at the end of a 3yr lease for the original capital value, and is insured against container loss, destruction, etc.>>
http://tomwinnifrith.com/articles/2675/pacific-tycoon-investor-red-alert
http://forums.whirlpool.net.au/archive/2288284
<<So companies similar to this http://pacifictycoon.com/ are promising a guaranteed return of 12% for the purchase of a shipping container and then leasing it to shipping companies ? or more than 12% if you give up the guarantee, with an initial investment of only $4100 USD.
From their website, the container will be bought back at the end of a 3yr lease for the original capital value, and is insured against container loss, destruction, etc.>>
http://tomwinnifrith.com/articles/2675/pacific-tycoon-investor-red-alert
Hah, you beat me to it. I got the same API magazine advertisement email and was going to post out of curiosity. On the surface it looks attractive, I wonder about the icebergs!
P.S. After reading some of those links, iceberg off starboard bow!
Twenty foot containers can be purchased for less than $2,000.
These people want double the price.....
Just the same, it seems like an interesting venture. Definitely not an investment for widows, orphans or the faint hearted.
These people want double the price.....
Just the same, it seems like an interesting venture. Definitely not an investment for widows, orphans or the faint hearted.
here I was thinking this was going to be a thread about using shipping containers for dwellings....
I found a green alternative. Recycleable - Lighter weight than steel. Very affordable. Cheap. Thus yields must be better !!
Normally I post my funny post on a Friday
