This might be a bit crazy, but the idea keeps nagging at the edges of my twisted mind.
What if the club could own a small house in NAZ?
We could rent it out to members for $120/night. A decent motel in the Prescott area rents for $90-200 a night and up. How about a 3 bedroom house for $120 a night as a club perk?
Living in the area, I could easily use it for at least 2-5 weekends each year when family visits. In addition, I have friends who may rent it all summer long.
A house could accommodate more than one family at a time, if we get along well. The cost would be a lot lower than a hotel.
The only catch would be no maid service. You have to wash the sheets, towels and dishes when you leave.
For the Club, buying while the market is low would be a long-term advantage financially. The real question is, can we realistically use it often enough for it to pay for itself in the meantime? How many of us would really use it?
I, for one, would be willing to double, or more, my annual dues in order to have a club asset like this. $20 a year is a pittance. $40-50 a year is not too much. The club already gives me access to things that are more than worth the cost of membership. Ownership of a rental house would be grand! I would pay for it.
All of you from the southern deserts could use it for weekends when the weather is hot. Even when it snows, we are located at the average snow level. While the mountains around us may be covered with snow, we are not. Snow is rare here. When we do get some, it melts rapidly.
I know that I, personally, could rent out a hut quite often, even though I live a short distance away. Some of my friends would like to use it. If we as a club would make use of it often enough, it would be worth investing.
The investment itself would be likely to increase in value by 10% or more in the next few years.
I wouldn't mind too much, administering the hut for the club. If you don't want to do the laundry or dishes, you can pay me $50 per stay. I'll do it. But I might ask for more if you really leave a mess! Keep it clean!
What if the club could own a small house in NAZ?
We could rent it out to members for $120/night. A decent motel in the Prescott area rents for $90-200 a night and up. How about a 3 bedroom house for $120 a night as a club perk?
Living in the area, I could easily use it for at least 2-5 weekends each year when family visits. In addition, I have friends who may rent it all summer long.
A house could accommodate more than one family at a time, if we get along well. The cost would be a lot lower than a hotel.
The only catch would be no maid service. You have to wash the sheets, towels and dishes when you leave.
For the Club, buying while the market is low would be a long-term advantage financially. The real question is, can we realistically use it often enough for it to pay for itself in the meantime? How many of us would really use it?
I, for one, would be willing to double, or more, my annual dues in order to have a club asset like this. $20 a year is a pittance. $40-50 a year is not too much. The club already gives me access to things that are more than worth the cost of membership. Ownership of a rental house would be grand! I would pay for it.
All of you from the southern deserts could use it for weekends when the weather is hot. Even when it snows, we are located at the average snow level. While the mountains around us may be covered with snow, we are not. Snow is rare here. When we do get some, it melts rapidly.
I know that I, personally, could rent out a hut quite often, even though I live a short distance away. Some of my friends would like to use it. If we as a club would make use of it often enough, it would be worth investing.
The investment itself would be likely to increase in value by 10% or more in the next few years.
I wouldn't mind too much, administering the hut for the club. If you don't want to do the laundry or dishes, you can pay me $50 per stay. I'll do it. But I might ask for more if you really leave a mess! Keep it clean!
Is this the "hut" in question?
