As we often say, real estate is NOT an asset class. There are MANY different niches you can invest in to earn big profits … both capital gains and cash flow.
And we’ve been watching an exciting niche which is starting to attract the attention of alert investors …
“Value-add investors are finding this sector ripe with opportunity, offering strong returns and having very little competition.”
– National Real Estate Investor, 5/6/19
Sound inviting? It is!
It’s rehabbing resort properties.
If you’re a fan of the long-running TV show Hotel Impossible featuring Anthony Melchiorri, you know there are a LOT of hotels out there … and many aren’t run very well.
In fact, some fail and are sitting empty and dilapidated … waiting to be resurrected by an enterprising real estate entrepreneur.
So there’s a LOT of value-add opportunity in these often potentially beautiful properties.
And the opportunity isn’t limited to a particular geography … these opportunities are available in a variety of markets.
In fact, we recently enjoyed interviewing an experienced resort rehabber in New Jersey (yes, there’s even resort opportunity in New Jersey!)
We also got the inside scoop on a fascinating resort rehab project in Orlando, Florida.
The message is clear … there’s big opportunity in resort property … and it’s not just money.
Think about it …
Most investors don’t get excited about spending the night or a romantic weekend in their Section 8 rental home, C-class apartment, or mobile home park.
There’s nothing wrong with any of those. They’re all great for cash flow. But when you can get cash flow PLUS lifestyle benefits too? That’s double prizes.
Imagine taking a tax-deductible trip to check in on your beautiful resort property … walking a lush vineyard or relaxing on the beach … and enjoying a fine meal while watching a gorgeous sunset.
Of course, before you get to enjoy all the amenities … there’s work to be done.
And fixing up an entire resort … well, that’s a heavy lift even for the most seasoned house-flipper.
But who says YOU need to do all the work? Or ANY of it?
What if there’s a way for you to get in on the action without putting on your work boots and safety glasses?
There is.
One way is to let someone else “fatten the cow” … then you buy in to “milk it” for cash flow over the long-haul. Listen to this episode to learn more about this approach.
If you’re accredited, then there’s a whole world of investment opportunities available to you … including investing passively into an experienced resort rehabber’s project.
Of course, if you’re super-ambitious and industrious … you can become an active resort-property re-habber. Because it’s capital intensive, it’s an ideal activity to syndicate.
If you choose the active route … here are some things to think about.
One way to learn the business is to go to work or volunteer with an active resort re-habber.
But before you go that far, it’s probably smart to start with just talking to some folks in the business to see if it’s the right niche for you.
Fortunately, we’ll have an active resort property rehabber … along with a whole bunch of other really interesting niche investors … at our next Secrets of Successful Syndication seminar. So if this all sounds interesting, make plans to join us.
But whether you choose active, passive, or syndication … take a look at the opportunities for profit and lifestyle in the resort property investing niche.
Resort properties are a great way to earn rental income from affluent people who would probably never rent their home from you.
Until next time … good investing!
More From The Real Estate Guys™…
- Check out all the great free info in our Special Reports library.
- Don’t miss an episode of The Real Estate Guys™ radio show. Subscribe on iTunes or Android or YouTube!
- Stay connected with The Real Estate Guys™ on Facebook, and our Feedback page.
The Real Estate Guys™ radio show and podcast provides real estate investing news, education, training, and resources to help real estate investors succeed.