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All Forum Posts by: Robert DeVerna

Robert DeVerna has started 2 posts and replied 4 times.

Real Estate Deal Analysis & Advice

Post: Rustic Barn Wedding Venue

Robert DeVernaPosted
  • Posts 4
  • Votes 1

Awesome!! Congrats! We opened a 2nd venue in the city which just opened in September. We will be around $10k/week once we at full capacity this fall. They are a lot of work but can be very profitable. Key it to hire in the proper staff so you don't get burnt out. 

Excited to see how it all turns out. Feel free to message me if you have any questions.

@Denisse Lara

0 Votes
Real Estate Deal Analysis & Advice

Post: Rustic Barn Wedding Venue

Robert DeVernaPosted
  • Posts 4
  • Votes 1

Turned out decent. Cash flow of $40k/year with minimal management.

@Denisse Laraundefined

0 Votes
Real Estate Deal Analysis & Advice

Post: Rustic Barn Wedding Venue

Robert DeVernaPosted
  • Posts 4
  • Votes 1

Investment Info:

buy & hold investment.

Purchase price: $360,000
Cash invested: $125,000

Rustic Barn wedding venue in west Michigan. Summer operational from May-October hosting up to 40 weddings per year.

1 Vote
Real Estate Deal Analysis & Advice

Post: Historic Event Venue

Robert DeVernaPosted
  • Posts 4
  • Votes 1

Investment Info:

buy & hold investment.

Purchase price: $500,000
Cash invested: $260,000

Historic Event Venue hosting a variety of events from weddings to non-profit fundraisers.

0 Votes