Could purchasing individual dockominiums be a good cash investment right now? Let's try to exorcise my madness with a little math. So with a simple phone call I get a list of dockominiums for-sale and for-lease. I'll keep the marina name confidential but I will say that it's in an area that has not shown a.
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Buying a Dark Marina – Part 4 of 4
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Posted by John Simpson
Time for some fundamentals. The Cents on the Dollar Test As I indicated in Buying Marinas for 50 cents on the... dollar?, this is a risky way to justify an acquisition price. It seems to be used almost universally by those few players interested in buying marinas in today's mortgage-less marina financing environment. Just the other day.
Read moreBuying a Dark Marina – Part 3 of 4
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Posted by John Simpson
Remember the old stories that date back decades about great prices for land in Florida? They're not making any more land! Get it while it lasts! The problem was it was just swampland. Actually, let me rephrase... the problem wasn't that it was swampland... it was just that the people who bought it didn't do.
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