Major renovation costs of a commercial property can run into the
tens of thousands. A $50,000 to $75,000 job isn’t unusual. If you
find yourself in the predicament of having a large commercial
building, instead of a trip to your bank try calling your trade
exchange broker.
Request the names of companies in the exchange that have high
balances of trade dollars. At the same time ask for a list of
contractors who are requesting business because they don’t have
enough trade dollars.
The idea is to offer the high balance member the lease of empty
space within your building for a given period of time, for their
trade dollars. As the owner you can then use those trade dollars to
pay the contractors for renovation work needed elsewhere in the
building.
Now, the twist to this unique idea is that the high balance member
does not have to move into the space. Instead they have the option
of renting it out, thus converting their trade dollars into a cash
income stream.
Every person in this equation benefits. The contractors obtain
needed trade dollars, the high balance member spends down trade
dollars and realizes a new cash flow, and the building owner obtains
a needed renovation without securing an expensive cash loan.
