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General Discussion
ORV park investors needed
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<blockquote data-quote="Erik D_lux" data-source="post: 785274" data-attributes="member: 15954"><p>The only thing I could see about a smaller park is that instead of paying for land that would already have obstacles etc,. you are now paying to have obstacles made and having to do upkeep on all of them. The smaller the land the more people it will see and the more upkeep will need to be done on it.</p><p></p><p>Are you planning on coming up with cash to finance this or loans? If I had the cash I would have built a park whether or not it would pay for itself. With a loan of $850k I would have been in the ball park of $6500 per month not including maint, fees, insurance, property tax etc,. Then if you have a job that you need to be to m-f and cant be at the park you either quit your job or pay somebody to be there or take donations and hope people are honest. If not you do just a weekend thing. You would have to make $1600 per weekend just to pay the mortgage and thats every weekend. </p><p></p><p>Hopefully you can just get the cash</p></blockquote><p></p>
[QUOTE="Erik D_lux, post: 785274, member: 15954"] The only thing I could see about a smaller park is that instead of paying for land that would already have obstacles etc,. you are now paying to have obstacles made and having to do upkeep on all of them. The smaller the land the more people it will see and the more upkeep will need to be done on it. Are you planning on coming up with cash to finance this or loans? If I had the cash I would have built a park whether or not it would pay for itself. With a loan of $850k I would have been in the ball park of $6500 per month not including maint, fees, insurance, property tax etc,. Then if you have a job that you need to be to m-f and cant be at the park you either quit your job or pay somebody to be there or take donations and hope people are honest. If not you do just a weekend thing. You would have to make $1600 per weekend just to pay the mortgage and thats every weekend. Hopefully you can just get the cash [/QUOTE]
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ORV park investors needed
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