My vision includes developing the land into a destination with features like driveways, walking paths, utilities, and unique lodging structures.Here’s my tentative plan1.Place the existing STR in an LLC2.Apply for an SBA small business loan to fund the next steps, including a feasibility study (~$10k+), land clearing, and infrastructure development.While this direction excites me, I’m torn between pursuing this venture and continuing with a more traditional approach—buying one home per year using conventional loans.I’d love to hear your thoughts:•Has anyone transitioned from STRs to glamping or similar ventures?

We do engineer hardwood and no Lux viynl like our competitors So all these things probably cost me 25k pre house but we have been selling them for 100k higher than Lennar for same sq ft and have created the highest priced development in town. we are approaching 400 a foot for finished product which was unheard of in Canby Oregon.U can see the homes and the finishs if you go to  Ivyridgeestatescanby  dot com. 

This approach undermines the trust that should exist in a lending relationship.

I have a more educated wallet and that makes me feel real good.Whether you’re a seasoned investor or just starting out, these lessons could change the way someone approaches their next deal.

Hey MattIt’s great that you’re practicing deal analysis and taking a conservative approach with a larger down payment.

While this approach often delivers the highest returns, it does require a significant investment of time and effort.If your time is limited, consider turnkey providers.

We are everyday approaching a European model where people own less and less of both land and buildings. 

Choose a multifamily or single-family investment approach, consider low cash flow priority, and monitor interest rates and seasonal timing.

We not only lost our hard-earned money but on top of everything, our health suffered, I had several sleepless nights due to the stress and anxiety that this horrible experience created for my wife and me.After the buy-back was completed, I approached Maverick to at least help us with our losses by requesting us to give back ~$6000.

With the data-driven approach Neal developed, Grocapitus has a strong track record based on the actual return investors received.