Marina Slip Purchase
Hey gang,
I am considering purchasing a slip at a marina as an investment. I'd rent it out each season, and plan to sell it 5-10 years from now.
Anyone have any experience / thoughts on this? Things like:
- How is maintenance handled?
- Do real estate agents broker these sales?
- Will getting a mortgage be difficult?
- How is value (sale price) established?
- Property taxes?
Any thoughts, advice, things to be sure to consider, etc. would be very much appreciated.
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