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11 February 2020 | 14 replies
For example, a resort style park with seasonal senior tenants will usually have recreational activities and courts, pool and spa, clubhouse with bathrooms and showers, laundry, and manicured landscaping, which all have an impact on expenses.
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5 March 2020 | 28 replies
Places that have great skiing in winter and great summer sports.Maybe Whitefish MT.
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30 January 2020 | 9 replies
If there are errors in the report and you can't get resoluation with the appraiser or lender and feel you have been harmed as a last resort you can submitt the report to the appraisers board for review.
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21 December 2020 | 1 reply
The plot is around 26000 sf, beachfront, great tourist locationThe build quality is high, and it survived the tsunami of 2004 intactThe place is fully staffed with a manager who's been there for 19 years, with no intention of leavingThe place is one of the few in the area that holds groups (the whole complex is rented out to groups of 12-23)It is currently earning 100k eur per annum with only 50% occupancy (the owner is older and does minimum to market - old website, airbnb, booking.com, homeaway, tripadvisor)The average occupancy of the area is 74% so there is a lot of room for revenue growthThe rates haven't been raised for 3 years and it is due for a 5% rental increaseThe reviews are stellar on all sites, with many repeat clientsThe venue is ideal for weddings, reunions, parties, bdays, etc, and the staff handle everything, including an on site chefWhen you stay there it's like having your own resort on the beach to yourselfOwner will act as consultant for up to 1 year for freeSo, he wants to sell to my husband and I, as his manager and he really like us and know we would keep the staff and concept the same.
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3 June 2021 | 8 replies
I only got one for my Victorian B&B and am sure it doubled my cost as my 7000sq ft building cost me $65,000 while the ski lodge 15 miles away that was 30,000sq ft that my friend had sprinkled cost $15,000.
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27 September 2021 | 6 replies
That being said, if you can find an older property in a stable resort close in to Disney, and redecorate to a high standard, you have a great investment property on your hands.
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5 February 2020 | 7 replies
You don't need to resort to hard money.
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14 February 2022 | 37 replies
Is it in a resort vacation location?
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8 February 2020 | 13 replies
Since then, completed a variety of different real estate deals including fix and flips, hard money lending and an STR in ski country; all residential.
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6 February 2020 | 4 replies
For example, two identical cabins in almost the same resort - same property manager... one is called Log Wild and the other is called Mountain Escape.