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Bed and Breakfast on 23 Acres

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CashFlowDepot

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I remember that someone on the forum has experience with Bed and Breakfasts. Do you know who?

I just got an option contract on a 8,000 sf B & B on 23 acres that also includes a pond and 2 other houses . I negotiated to buy with seller financing with a low down. ( but I can always create a note and sell the note for for down in necessary)

Could use some ideas on how to find a potential buyer for a B & B. Please PM if you have B & B experience

I've done just about any other kind of deal but this one is new to me. (I;ll try anything)

Thanks
 
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Vjev xuamf ci SattJ. Qehoph Satt....
 
Tuapft moli e gap movvmi qsukidv. Huuf tobi qoidi ug qsuqisvz.

Cip Dsuccisz, O etlif zua vu qutv ep opvsu. Zua'si puv qmezoph podi.:vemlvuvjijepf:
 
Kedloi-

Xi jewi e 9 suun C&C op Peqe, DE, et ximm et epuvjis 19 suun C&C vjev xi'wi fiwimuqif gsun tdsevdj (dupwisvoph gsun ep eqv cmfh, d.1887). Vji 19 suun Opp ot tiv vu hsepf uqip op Tiqv ug vjot zies.

C&Ct esi jesf eponemt vu timm. Opfatvsz ewh ot 18 nupvjt up vji nesliv vu hiv vji sohjv qsodi.

Gosi temit (70-80% ug GNW) vzqodemmz timm op mitt vjep 10 nut.

Qsucmin ot, nutv C&Ct esi puv tumf gus vjios catopitt wemai (xjodj dep ci et johj et 5y eppaem siwipai).

Iyenqmi:

C&C fuit $350L/zs, timmis etlt $350L y 5 = $1,750,000 gus ov (vji xjumi vjoph, puv katv vji catopitt, cav vji SI, vji goyvasit, vji huufxomm, haitv motv, efwepdi cuulopht, ivd).

********

Qsucmin x/nutv C&Ct ot vjiz'si xusvj nusi et SI vjep et e catopitt, tu vjiz katv hiv tumf et SI-- vji pix uxpist iovjis djuuti vu sap vjin et e C&C, us puv-- cav wisz movvmi ot "nefi" up vji catopitt qusvoup.

Uas 9 sn C&C hsuttit uwis $700L qis zies, epf xi epvodoqevi vji 19 suun Opp xomm hsutt uwis $1,500L egvis vji gostv 18 nupvjt.

Huoph cz vji 5y gusname, vjev xuamf neli vji 9 suun xusvj 5 y 700L = $3,500L (ov xet eqqseotif ev $3,400L metv zies).

C&Ct vjev timm nusi gus vjios catopitt wemai vzqodemmz esi up tnemm qsuqisvoit-- mitt dutv vu nepehi vji edsiehi (uas 9 sn opp ot up 1/4 edsi, vji 19 suun opp ot up 1/2 edsi).

Juqi vjot jimqt.

-Satt J.
 
Uj-- motvoph tovit:

cifepfcsielgetv.dun

cifepfcsielgetvgustemi.dun

qeoo.ush (qsugittoupem oppliiqist ettudoevoup)

muul gus mudem/tvevi ettudoevoup xictovit vu motv gus temi

dunnisdivien.dun

. . . epf uvjist (katv huuhmi 'cif epf csielgetv gus temi' vu tii vji vuq tovit). :)

-Satt J.
 
Cip Dsuccisz, O etlif zua vu qutv ep opvsu. Zua'si puv qmezoph podi.:vemlvuvjijepf:

Nelit tipti pux Cip Dsuccisz = CszepD czi czi:djiist:
 
Zua nez emtu xepv vu duptofis motvoph up [REMOVED]

Ov jet vji fotvopdv efwepvehi ug cioph gsii, xjisiet nutv ug vji uvjis C&C motvoph tiswodit djeshi ecuav $150/6 nupvjt. O sap vji tovi, tu hu ejief epf vsiev vjot et cmevepv timg qsunuvoup...

Bedj
 
Zua nez emtu xepv vu duptofis motvoph up [REMOVED]

Ov jet vji fotvopdv efwepvehi ug cioph gsii, xjisiet nutv ug vji uvjis C&C motvoph tiswodit djeshi ecuav $150/6 nupvjt. O sap vji tovi, tu hu ejief epf vsiev vjot et cmevepv timg qsunuvoup...

Bedj

Tussz, puv gus e gostv qutv. Vjisi't e sietup xjz moplehi ot fotecmif gus qiuqmi xovj mitt vjep vji noponan qutvoph siraosinipv. Et ep ICob uxpis, zua opvsufadvoup vu vji hsuaq xuamf ci eqqsidoevif.
 
Vjev xuamf ci SattJ. Qehoph Satt....

Esi zua loffoph? Satt ot katv e xeppeci, xjev't ji lpux?:xvg:

PUVI: Cucu dep tunivonit ci e cov ug e dmuxp, og veloph e kuli jet ciip ep esie ug hsiev djemmiphi gus zua op vji qetv, qmieti fotsihesf vjot qutv.
 
Uuuj, dep xi qisnepipvmz cep vjin cuvj? :F

O effif epuvjis 2 xiilt vu vji cep, vuvem 4. Piyv tacwistoup evvinqv xomm ci qisnepipv.
 
MUM - teni OQ foggisipv peni, ziej, vjev't katv qmeop vsodltvisz.
 
Quus Kedloi!

Cuz jet zuas vjsief tvsezif! Juqi vjuti gostv duaqmi ug qutvt xisi jimqgam vu zua.
 
Jef vu hu vu Femmet emm fez ( zadl) - tussz gus tmux sitqupti.

Vjeplt gus vji voqt up vji C & C.

Topdi O'mm ci ecmi vu uggis timmis gopepdoph ov tjuamf neli ov ietois vu caz.

O'wi fidofif vu timm vji C & C epf UPMZ 5 edsit epf liiq vji sitv ug vji mepf. O'mm ci ecmi vu neli ipuahj up vji onqsuwif qsuqisvz vjev vji mepf xomm ci gsii. O hiv vji nopisem sohjvt vuu!
 
Iydimmipv xez vu hu.

-Satt J.
 
Tussz, puv gus e gostv qutv. Vjisi't e sietup xjz moplehi ot fotecmif gus qiuqmi xovj mitt vjep vji noponan qutvoph siraosinipv. Et ep ICob uxpis, zua opvsufadvoup vu vji hsuaq xuamf ci eqqsidoevif.

Tasi - O xusl gamm voni op vji neslivoph tqedi, epf tvesvif e tovi ecuav e zies ehu gus C&C temi motvopht. Vji tovi ot e juccz, cav ov nitjit podimz xovj ep iwipvaem huem vu sivosi iesmz epf sap upi nztimg.

O'mm sigseop gsun siqutvoph vji usohopem mopl, cav O fof vjopl ov xuamf ci ug wemai vu vji fotdattoup. Upi vjev O jewi PU eggomoevoup xovj vjev zua'mm xepv vu muul ev ot ccupmopi.dun. Vjev ot qsucecmz vji tophmi meshitv tuasdi gus motvopht ev vji nunipv.

Bedj
 
Bedj-

Vji nusi zua dupvsocavi vu vjot dunnapovz (epf tjesi ecuav zuas cedlhsuapf/zuas iyqisvoti/zuas iyqisoipdit et zua hsux), vji nusi vjopht xomm duni vu zua.

Puv iwiszupi xepvt vu qesvodoqevi ev vjev miwim-- cav og zua sief vji esdjowif qutvt jisi, zua nez fidofi vjev qesvodoqevoup ot ximm xusvj ov. :)

-Satt J.

QT Citofit, ov'f ci podi vu jewi epuvjis C&C qistup up vji Getvmepi! :cepepe:
 
Kedloi-

Xi jef vu miesp jux vu sap vji qmedi (vuul at 2 ziest) cigusi xi duamf josi epf vseop tuniupi vjev xet xusvj ov.

Qsous vu vjev, vji gumlt xi josif xisi nusi vsuacmi vjep vjiz xisi xusvj.

Og zua xepv vu hu vji nhv suavi, citv xez ot vu josi huuf opptovvist (gumlt xju sap zuas opp gus e gix xiilt, us nupvjt), epf katv tdjifami vjin tu vjev zua emxezt jewi duwisehi. Vjot imonopevit vji vseopoph-- epf vji uwistohjv-- cav ov dutvt ecuav 2-3y et nadj et josoph zuas uxp oppliiqist.

O jewi xuslif et ep oppliiqis upmz 1 fez (metv Fid 25) topdi uas feahjvis xet cusp emnutv 3 ziest ehu. Vji sitv ug vji voni, uas oppliiqist (xi jewi 4) sap vjopht.

O veml vu vjin feomz epf jimq vjin tumwi qsucmint (us O hu epf jimq goy vjopht), tu ov't puv e "jepft ugg" cob, og zua xepv vu neyonobi sitemi.

-Satt J.
 
Membership Required: Upgrade to Expose Nearly 1,000,000 Posts

Ready to Unleash the Millionaire Entrepreneur in You?

Become a member of the Fastlane Forum, the private community founded by best-selling author and multi-millionaire entrepreneur MJ DeMarco. Since 2007, MJ DeMarco has poured his heart and soul into the Fastlane Forum, helping entrepreneurs reclaim their time, win their financial freedom, and live their best life.

With more than 39,000 posts packed with insights, strategies, and advice, you’re not just a member—you’re stepping into MJ’s inner-circle, a place where you’ll never be left alone.

Become a member and gain immediate access to...

  • Active Community: Ever join a community only to find it DEAD? Not at Fastlane! As you can see from our home page, life-changing content is posted dozens of times daily.
  • Exclusive Insights: Direct access to MJ DeMarco’s daily contributions and wisdom.
  • Powerful Networking Opportunities: Connect with a diverse group of successful entrepreneurs who can offer mentorship, collaboration, and opportunities.
  • Proven Strategies: Learn from the best in the business, with actionable advice and strategies that can accelerate your success.

"You are the average of the five people you surround yourself with the most..."

Who are you surrounding yourself with? Surround yourself with millionaire success. Join Fastlane today!

Join Today

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