Posted by Bruce on May 02, 2006 at 13:00:10:
I am sure this is going to gather some responses. All this is merely one persons opinion. Let me address a few of your comments.“I KNOW the camp is good, I KNOW the folks putting it on are the best”. Just because something is “good” as you say does not make it so for each and every individual. I am assuming you have not been to one(neither have I) so you truly do not know that the camp is “good” you know that others said it was good. For them perhaps it was. As far as the price of the parks, it is one thing to buy a park for 1.1 million if it cash flows and there are improvements to the operation that you feel you could make to further raise cash, it is another thing if does not. A loan is only as good or bad as is your ability to repay it. As far as motivated sellers, you cannot determine a sellers motivation based on the dollar amount. Motivated sellers are judged by how much below the marketable price they are willing to sell. As far as everything else you seem like a well thought individual and I thing you are doing yourself justice by realizing that each of us have our own version of the “real world” and the key to our success lies in determining how we best utilize our skills within it.Maybe a park is not within reach at this time but maybe another means of investment is. I am also pretty sure that most people on this board would be glad to meet with you if it turns out that attending the bootcamp is not in the cards for you. Good luck.