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Updated over 3 years ago on .

User Stats

9
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1
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Erin T Vazquez
1
Votes |
9
Posts

Determining Operating Costs for Possible Development Partnership

Erin T Vazquez
Posted

I started stalking a piece of land that I think is perfect for a container home community/glamping facility/small home community... something along those lines. The owner wants to sell and she's accepted my invitation to dinner. I'll definitely need her to partner and owner finance in some capacity and in since I'm not strong with capital (yet), I want to show up as buttoned up as possible.

My question is how to come up with a rough sketch of projected operating costs? 

I see this as a community with pool, hot tub, fire pit, little cafe/restaurant. 

The property has space for approximately 27 units.

And I have no idea how to estimate monthly operating costs. Any links to BP episodes, or articles or something would be greatly appreciated. Thank you!