There is a disconnect and a misconception between appraisers/assessors and marina owners. It seems the marina owners know something that the appraisers and assessors do not. They know that the sales comparison is only good for "comparison" purposes and as a rough (and I do mean rough) rule of thumb. Rules of thumb make very.
Read moreTag Archives: recession
How to Know When Marina Lending Is Coming Back
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Posted by John Simpson
There is no larger question mark in the marina industry than when marina lending will return. Never since the great depression have we had such an example of what happens when the lending dollars stop flowing. So what are the signs that marina financing is coming back? It seems that each recession is different, yet the.
Read moreThe Dockominium Investment – Part 3 of 3
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Posted by John Simpson
Could purchasing individual dockominiums be a good cash investment right now? Let's try to exorcise my madness with a little math. So with a simple phone call I get a list of dockominiums for-sale and for-lease. I'll keep the marina name confidential but I will say that it's in an area that has not shown a.
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