(Although we have not yet had a season in the rental program, based off discussions with other owners and proformas created by the Dismal River Club, we believe this to be reasonable “estimates”)
Cabin owners have the right to elect whether to sign up to enter their Cabin in the rental program. Currently, all properties are enrolled in the rental program. A Cabin Owner is still permitted to give notice and pre-book up to ten nights during the Peak Golf Season (May 20-October 11).
The rental structure provides 60% of the gross revenue share to the cabin owner on the first $125,000 of revenue and 20% of gross revenue share on any revenue earned above the $125,000.
Dismal River Club oversees all the management, booking, cleaning, maintenance of the property and pays all utilities (water, gas, electricity and trash).
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