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All Forum Posts by: Denisse Lara

Denisse Lara has started 3 posts and replied 38 times.

Post: Property turned into a wedding venue

Denisse LaraPosted
  • Posts 38
  • Votes 47
Thank you Cori.. There’s been some honest support on BP and yes it’s going to be great undertaking but I won’t know until until I try.. I have tons of support from my husband who owns royalty exotic cars. An exotic daily rental company who understands advertising, insurances and customer retention more than anyone! 
Originally posted by @Cori Leste:

@Denisse Lara Just want to point out that your answers suggest that compared to all of the naysayer repliers (mostly men who as a group are less likely to understand the realities of wedding planning and pricing), you seem to be the expert here on this model, and on the right path to success. Listen to yourself. Best of luck to you!

Post: Property turned into a wedding venue

Denisse LaraPosted
  • Posts 38
  • Votes 47

That’s great advise thank you! 

Post: Property turned into a wedding venue

Denisse LaraPosted
  • Posts 38
  • Votes 47
Sounds beautiful! And wow $35k a weekend 
wish my ranch was next to the ocean ..
I have started my due diligence and I have a few more county and structural things to tackle. Thank you for your feedback :) 
Originally posted by @Ned Carey:

@Denisse Lara My nephew just got married at the outer banks.  We stayed in a beautiful place  on the ocean. There was a whole string of these monster houses that slept 40-70 people. They were rented for the week mostly for weddings. They rented for about $35K+ a week in season.

So the wedding venue business can be pretty lucrative. But you knew that. You just need to do your research into the demand and the prices you can charge. Good luck.

Post: Property turned into a wedding venue

Denisse LaraPosted
  • Posts 38
  • Votes 47
Would love to connect with you. Send me a message with your contact information 
Originally posted by @Robert Chuang:

@Denisse Lara I have been looking into wedding development in LA area as well! Would love to connect and see what you end up doing! So far we already have business plans and money partner line up...except the right land in the right city!

Was in contract with some parcel owners in malibu and tujunga but both didnt go through due to city's development limitation! Would love to see what you have to jump through to get your SUP in the urban areas.

Robert

Post: Property turned into a wedding venue

Denisse LaraPosted
  • Posts 38
  • Votes 47
That’s very interesting. As far as parking we have about half an acre available for parking. Bathrooms We have 11 but can always get porta potties however as far as sprinklers I don’t know but I will definitely look into this. I also plan to get an insurance quote and will let you know what they quote me. Thank you for sharing your story with me.  Originally posted by @Joe Loschiavo:

@Denisse Lara

Yep you mentioned the sprinkler system.... my county wanted that and many other things as well. This in rural Alabama no less. You wouldn’t believe the things I tried to come up with to avoid that installation.

Insurance, parking, bathrooms and the systems to support them and all the people you might have on property. The list goes on and on.

My wife and I purchased an actual farm with 40 acres(4 years ago) with the idea of doing this and eventually the costs + risks/liabilities became too much for us really pursue it. We decided to do other things with our capital. We had $100’s of K saved to do it, even after property purchase, and it still wasn’t enough to make us comfortable. If you can make it work, go for it and I wish you luck.

Post: Property turned into a wedding venue

Denisse LaraPosted
  • Posts 38
  • Votes 47
Thank you Mike 😊 originally posted by @Mike Stadel:

@Denisse Lara

Nice out of the box idea I think your on to something there...

Post: Property turned into a wedding venue

Denisse LaraPosted
  • Posts 38
  • Votes 47
I agree with you 💯

Originally posted by @Patrick J.:

@Trevor Stratton

There a people who spend 30, 40, 50k on a wedding. Emotions cause irrational decision making and weddings are very emotionally driven. People take out loans for weddings. It's crazy.

But there is money to be made for venue owners and event management companies. It's a billionaire dollar business.

50% divorce rate means a man is likely to be married more than once which means more business 😂

Post: Property turned into a wedding venue

Denisse LaraPosted
  • Posts 38
  • Votes 47
Here are the rates for legends ranch venue in Las Vegas Originally posted by @Trevor Stratton:

I know outdoor weddings are popular but I’m a little skeptical of this numbers. Maybe that’s just cause I’m cheap.

I’m getting married next August and there’s no way we are spending even $5000 on the whole thing.

Post: Property turned into a wedding venue

Denisse LaraPosted
  • Posts 38
  • Votes 47
Yes it is already constructed but good to know! Thank you for the info 
Originally posted by @Todd Goedeke:

@Denisse Lara is your "barn" already constructed? I know that temporary structures, think large,tall greenhouse type structures are considered temporary and not subject in WI to all the zoning regulations and code requirements of a permanent structure.

Post: Property turned into a wedding venue

Denisse LaraPosted
  • Posts 38
  • Votes 47
Thank you! 

@Denisse Lara this looks beautiful and a great idea. Good luck.