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23 July 2024 | 5 replies
The owners may agree to carry part of the financing, but you won't need them to stick around to transition operations.After acquiring the properties and assets you wish, you would either run your own business, or part-out and resell some of the assets.From your post, it does not sound like parting out the properties is a viable path and where you admit to having no experience with vacation rentals or the resort business, you might want to explore purchasing the business with the current owners hanging around for a bit to help you get your feet wet.Regardless of approach, it needs to have legs to be worth pursuing.
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26 July 2024 | 37 replies
Once you hang on to a place long enough to see it go up $100k in value, you become an appreciation convert pretty quickly.
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22 July 2024 | 8 replies
It is pretty standard for loan documents to be 100's of pages, so you'll get the hang of it once you find a good/credible lender and gain experience.
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22 July 2024 | 2 replies
Stop hanging out with your deadbeat buddies that spend all day drinking, talking sports, and otherwise wasting away.
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22 July 2024 | 24 replies
However, these properties won't be low hanging fruit.
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21 July 2024 | 2 replies
But intention was to hang it and use it when I buy my next home and potentially sell my current one.
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20 July 2024 | 0 replies
https://abnb.me/ug2awNfYPEbHad to reinvest most of the profit to add amenities, fix pool, add replace the equipment.Looking to add more amenities like wooden canopy with hanging chairs and fire pit, sauna, tiki bar.
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20 July 2024 | 4 replies
Nothing worse than someone who works banker hours or being close to closing and having your loan officer leave you hanging.
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19 July 2024 | 3 replies
So, I generally work with what's there and try to add low hanging fruit amenities where possible.