Rental Property Investor · Mansfield, CT · Member since 2021 · 225 posts · 131 votes
I’m located in CT. My wife has come to me with a potential wedding venue property that’s 25 acres, and 775k. It’s currently a huge house and has a separate barn. There will have to be some minor renovations done and a tent has to be purchased to setup on the site. Any ideas how we would be able to pull this off? Even if it doesn’t happen this time around how do we setup ourself for a future deal. Thanks
Develop a business plan and a checklist of renovations and costs. How much revenue does this generate? Costs? are you running it as a full time business?