So you've passed the litmus test that was Part 1. This is what you want. I hope you're already in the marina management/ownership industry because this is a business and you need knowledge of the business to run it better than the last owner. The clothes fit, but do they look good on you? .
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Buying a Dark Marina – Part 1 of 4
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Posted by John Simpson
It's no secret that we're starting to see some dark marinas become available for investors. The term "dark" is a real estate term used to describe an empty property. The current news hot button for this word is "shuttered", although it's usually applied to a business. Since marinas have a business aspect, I suppose that's.
Read moreHow Lenders Can Safely Lend On Marinas – Part 1 of 2
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Posted by John Simpson
Marinas have gotten a bad rap from financial industries. Having dealt one-on-one with lots of lenders over the past two decades, the common viewpoint is that they're recreational property in the same class as recreational vehicles, ski resorts and others. Slowly all the major banks stopped lending on marinas. So it's been left in the.
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