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Updated almost 9 years ago on .

User Stats

34
Posts
22
Votes
Chris Schwagerl
  • Rental Property Investor
  • Minneapolis, MN
22
Votes |
34
Posts

MN Resorts - what to do with them?

Chris Schwagerl
  • Rental Property Investor
  • Minneapolis, MN
Posted

Hello BP family!

I've been marketing to banks lately, and I've come across a couple of resorts in Northern MN.  They both have great equity in them, and the owners are certainly motivated.  This is a great deal, but there's one problem - I don't know the first thing about managing a vacation rental, let alone a 50-cabin resort.  I know this is a loaded question, but where do I start in considering if this is a direction I should go with my business?  Anybody have any experience with this?

Thanks in advance!

Chris Schwagerl