I'm going to give you marina owners some of the most valuable jewels of knowledge I can give... and the price is a real winner! It's all about how to tell a bad marina appraisal from a good one. I'm really going to uncork on this one, let it all hang out. I'm not just.
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Realities of the Boat Sales Business in the Recession
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Posted by John Simpson
There are many trends that are severely hampering the boat sales business.
I'd venture to say it's never been this difficult, though that's debatable having seen the Savings and Loan crisis. Unfortunately, this is going to be a problem for a long time to come, probably somewhere.
Read moreSolving the “What’s the Cap Rate” Dilemma – Part 3 of 3
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Posted by John Simpson
Let's have a little fun with mortgages. Spreads between Market Mortgage Amounts and Existing Mortgage Balances This type of analysis becomes really fun when the mortgage amount that you can get is much less than what the current mortgage balance really is. If you redid the calculations above but with a $2 million mortgage balance, you'd have.
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