Hello and g’day!

My name is Spencer Sweitzer and I am a new member of the BP Community! I have recently relocated to the Cincinnati, OH area and am looking to start my investing career.

One of my const...

I do not know much about you but sounds like your advantage is your construction knowledge and the equipment or relationships you have with that.

        $150k to pay ourselves something to live off of, for new equipment, to grow the shop if we can, it's not just all pocket $.

My thought was to clear the back acre, cover it with gravel (or millings)  and offer machine/equipment storage until the proper time to build the expansion.  

Even though my cabins are fully equipped for long term, I’ve never gotten a month long stays and although this is not impossible, I personally would never spend $3-4K (considering 1 bedroom hiuse) on a vacation in Big Bear :) not that I don’t like the lake so much, but for the money I rather travel to South America and explore mountains and have new experiences in Chili.Quick tip to get your calendar solid and the cabin more profitable: when you have those weird one day gaps between bookings, offer those to your existing reservations. 3 out of 10 people will stay longer so I just send them a money request and they pay for one more night at 40% off.

I was wondering what you guys use to keep track and mand cost of equipment, materials and labor.I'm debating whether I should use a good old-fashioned excel spreadsheet or if there's an app out there that can assist with us

Most aren't equipped to do that, most don't have the strength to weather ups & downs, and most run in the direction of the masses. 

.- 100% bonus depreciation allows you to fully expense purchased assets (think of equipment or any that has a depreciable life under 15 years) in the year acquired. - The EBITDA add-back computation for the interest expense limitation allows you to be fully able to expense your interest expense. 

It cost me $8k to buy a little box trailer and fill it with equipment. 

And if it's not on sale, it's not the right equipment.