What made you interested in investing in this type of deal?

It's a bit of a weird situation for me to even be in as it's more of a 'living situation' house for us and not an investment in the traditional sense that I normally think of purchases as so it's been weird / impossible to take of the investor hat even during a much different type of transaction.

What made you interested in investing in this type of deal?

Not sure how long you have been around, but when markets soften, these types of assets get crushed because vacancy rates increase which causes condo fees to increase due to the amount of delinquency on the books.

For this reason, we are starting to conduct in person meetings with landlords to get this type of feedback, but there has not been much turnaround yet.

Perhaps it is not a deal with great cash flow, but you are breaking even and you know that the property you are buying is going to appreciate because the market is on fire, and with that type of growth, rents will go up in the future. 

Purchase price: $5,000,000 Cash invested: $65,000,000 this was a new construction build that we bought approved than redesigned and built What made you interested in investing in this type of deal?

What made you interested in investing in this type of deal?

I strongly believe that we can charge more (looking into other similar types of rural event businesses).Booked solid every weekend for 9-10 months out of the year for events and is currently showing bookings through 2025.

@dan_redmond so you speak from experience, you have ventured into this type of method?