Resort Investing for a Newbie
Hello everyone,
I am new to BiggerPockets, and I am very interested in investing in real estate. I am currently assisting my father in research for the purchase of a resort. However, I don't know anything about buying or managing a resort, and I don't know what questions to ask, who I should be asking or how to handle making a deal. I need help to assist my father in making a informed decision. We've been looking on LoopNet for properties in Florida, Colorado, Tennessee and North/South Carolina.
Any advise you guys could give regarding best states/cities to invest in, best websites for finding resort properties, dangers of resort investing, questions I need to have answered before making a deal, financing options or any other questions I should be asking, I'd appreciate it! Any new insight I can bring to my father will be invaluable.