Tuesday, September 9, 2008

Quarter Ownership Incentive!

We purchased the building permits for Cabins 7 and 8. Both of these will be five bedroom cabins and will be sold as Quarter Ownership. The price for a Quarter Ownership is $225,000.

We have one buyer for a Quarter Ownership in Cabin 7 and need three more. As an incentive for buyers we are offering to pay 100% of the costs for the first year. This means that all rental revenue received will be passed directly onto the Owners.

This is a great value and will increase the return and allow the owners to get a feel for what to expect in year two.

Yesterday, we took reservations for three nights in a five bedroom cabin for this winter. This was not for a holiday it was simply a Thursday, Friday, Saturday. The first night is a weeknight and it rented for $699, the next two nights are Friday and Saturday and they rented for $799 per night. The total rental revenue for this three day rental is $2,297. This is just for three nights. Each Quarter Owner is entitled to use the cabin for 91 nights per year. As you can see, it doesn't take much to make this a great opportunity.

I have rental histories for our other cabins and cost budgets for the five bedroom cabins.

The completion of the swimming pool, hot tubs, and landscaping, should help increase rentals.

What are you waiting for? Once these are sold they are sold. Now is the time to act.

Paying for the first year expenses is a limited time offer.

Come join us in this great opportunity.

Contact me for more information at roger@bearriverlodge.com or 801 971-4002.



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