All Forum Posts by: Denisse Lara
Denisse Lara has started 3 posts and replied 38 times.
Post: Opportunity ~ Under market price~ Selling portfolio or 1 unit
- Posts 38
- Votes 47
I have a great opportunity in Florida.. We have sold a total of 140 units every year since 2017
and they sell like hot cakes.. However since COVID it has slowed down.
This is what we have left.. 18 Garage models and 11 Non garage models. Pictures attached. The community is Port Labelle FL 33935. We are selling the Garage models for $209k and the Non Garage Models for $195k. Investors can buy 1 or the entire portfolio.
Your network Price:
Garage $185k
Non Garage: $170k
Garage Models Rent for $1450/mo
Taxes $3400/yr
Ins: $700/yr
Non Garage Models Rent for $1350/mo
Taxes: $2900/yr
Ins: $700/yr
Message me for more info/pics
702 696-8068
Post: Rustic Barn Wedding Venue
- Posts 38
- Votes 47
@Robert DeVerna
Incredible congrats!! Im about 3 months out from my wedding venue. Hoping to get 15k a weekend.
It’s been a long process with renovations, permits parking, Insurance etc. Almost there! Can’t wait to share my progress with everyone!
Post: Rustic Barn Wedding Venue
- Posts 38
- Votes 47
@Robert DeVerna
Hi Robert interested to know how the barn wedding venue turned out for you?
Post: Best ROI investment strategy with 150K
- Posts 38
- Votes 47
@Mike M.
Hi Mike
What do your lease/option agreements look like? Do you use a standard mls lease agreement or are their special terms you adjust to make it legit? Also how do you find the buyer/tenant ? And the off market properties ??
This information is priceless!!! Thanks a million 🙏
I super appreciate your input. Yes 2 venues I called are booked out for a year but that’s because they are on a manmade lake in Summerlin. I have landscaping crew who I trust just need a good list of contractors/Handyman/plumbers I can call for occasional upkeep or emergencies. Thank you for the support 🙏
Originally posted by @Livingston Lee:
Hi @Denisse Lara let me give you my input. I have not done my first deal yet but I am a wedding photographer. I been doing wedding in barns for 5+ years now. You will be surprised at how booked out these venues are. Some of them have a waiting list of 1 yr before you could get in.
Your idea sounds like a money maker. It will just take some time and effort. You will need a grounds crew to stay up on the landscape and up keep of the building. Other than that if you do this thing right, I’m sure it will be successful. Like we learn in all of the webinars and seminars don’t be afraid to do it. If you have the resources and can get it converted plus have a positive cash flow, its a no brainer.
@Jason Turgeon
Hi Jason! Thank you for your incredible insight on this topic. I honestly didn’t know the hurdles & challenges investors face with zoning permits in the Midwest and east coast. I could see how discouraging county code restrictions can be. I also heard AZ is quite lenient as well. I was quoted $29k a year for insurance tho. I may be able to find a less costly rate. That’s steep but I need to make sure the numbers make sense for a lucrative steady income stream. I also need to consider the cost of advertisment and getting people through the door. I definitely have a lot on my plate but need to tackle 1 thing at a time. I already have a special permit in place which is good and suffice approval all around.
This is what I got covered
Complete
Special use permit ✅
0.52 Acre for Parking ✅
11 Bathrooms inside the house/casita and barn ✅
Sprinklers inside the barn and working properly ✅
Pending
Build caterer Kitchen in the barn
Renovate/ remove stalls, paint install chandeliers etc
Pictures
Instagram account
Prepare wedding packages
Hire an estate manager to assist with property touring/day of wedding Managment
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If anyone has more suggestions for my list please send them my way!
Send me a private message if interested in a potential partnership.
@Mike Reynolds
Thank you for the feedback. We definitely have space for the kitchen but thats another cost we need to save up for.
I understand. That’s tough perhaps a different city? Originally posted by @Joe Loschiavo:
@Todd Goedeke. Yeah it’s a good though. My wife and I certainly considered the idea of tents but it just wasn’t the way we really wanted to do things. Plus down here, you get a line of thunderstorms rolling through and say goodbye to your tent or other temporary structure!
Hi Todd
ginally posted by @Todd Goedeke:
@Joe Loschiavo, did you consider portable structure in which things like a sprinkler system would not be needed? People have events all the time in portable tent like structures; church picnics, non profit group dinners, corporate parties.