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welcome to the investor insight show im your host scott dillingham today im going to be talking to you about a creative and fun investing strategy that obviously not a lot of people are doing because theres not a lot of them but investing in boat slips or boat docks or marinas as an investment so really cool avenue to make money if youre passionate about boating in summer and you know just getting out there and having some fun the cool thing with it is people reserve a dock or a spot to park their boat and they pay fees you can do monthly fees you can do annual fees and it gives them access to that spot to launch their boat from any time of the year now believe it or not these marinas come up for sale often now a lot of them are are self-run so the owner will run it and i think that might be a little challenging especially if you have a daytime job so you want to look at it as in hiring an employee to manage it so you can be hands-free and generate the passive income at least that
