Baller skinut Posted December 11, 2023 Baller Share Posted December 11, 2023 Hey Ballers. I finally pulled the trigger and started digging my ski lake. Hoping to have it filled and ready to go by mid May. I have some questions about mitigating risk, structuring memberships and rates, boat usage, insurance, dock design etc. Is an LLC the best way to mitigate risk in the event that someone gets hurt and the insurance isn't enough? What other ways do you mitigate risk? How have you structured your memberships? Amounts charged Single Family Per pull Boat time? Do you use an hourly rate? Does it include fuel? What about damage? Insurance Who do you use? What are the coverage amounts? What premiums are you paying? Any dos or don'ts with regard to dock design? Planning on having an enclosed boat house with a lift and then a covered deck. Thanks in advance! 7 Link to comment Share on other sites More sharing options...
Baller Andre Posted December 11, 2023 Baller Share Posted December 11, 2023 Can't help but congrats on your lake! How long and wide is it ? 1 Link to comment Share on other sites More sharing options...
Baller_ MISkier Posted December 11, 2023 Baller_ Share Posted December 11, 2023 I sent you a PM with some details. 1 The worst slalom equipment I own is between my ears. Link to comment Share on other sites More sharing options...
Baller BGrow76 Posted December 11, 2023 Baller Share Posted December 11, 2023 @skinut Where is your new lake being built? Link to comment Share on other sites More sharing options...
Baller_ lpskier Posted December 12, 2023 Baller_ Share Posted December 12, 2023 Your first two questions are legal matters that you should discuss with a lawyer, and the answers depend on a lot of variables. As for insurance, I highly recommend Sportsinsurance.com. Call Wayne at (518) 891- 2020 2 Lpskier Link to comment Share on other sites More sharing options...
Baller skinut Posted December 12, 2023 Author Baller Share Posted December 12, 2023 16 hours ago, BGrow76 said: @skinut Where is your new lake being built? SE Idaho. About 2.5 hours N. of Salt Lake City, UT 3 Link to comment Share on other sites More sharing options...
Baller skinut Posted December 12, 2023 Author Baller Share Posted December 12, 2023 17 hours ago, Andre said: Can't help but congrats on your lake! How long and wide is it ? 2100 X 200 1 Link to comment Share on other sites More sharing options...
Baller Golfguy Posted December 12, 2023 Baller Share Posted December 12, 2023 Is this a real estate project, or pay to play concept. What is the site elevation? Amounts charged Single Family Per pull All of the above Keep the dock above the water high enough so that the normal boat wave action doe not come in contact with the understructure. 1 Link to comment Share on other sites More sharing options...
Baller BGrow76 Posted December 12, 2023 Baller Share Posted December 12, 2023 @skinut Great to hear of a lake going in close to Utah. How close are you to this https://willowlakesutah.com lake project in Logan Utah? Link to comment Share on other sites More sharing options...
Baller skinut Posted December 12, 2023 Author Baller Share Posted December 12, 2023 44 minutes ago, BGrow76 said: @skinut Great to hear of a lake going in close to Utah. How close are you to this https://willowlakesutah.com lake project in Logan Utah? It's about 2 hours south. I actually have a lot reservation on the ski lake. 1 Link to comment Share on other sites More sharing options...
Baller skinut Posted December 12, 2023 Author Baller Share Posted December 12, 2023 1 hour ago, Golfguy said: Is this a real estate project, or pay to play concept. What is the site elevation? Amounts charged Single Family Per pull All of the above Keep the dock above the water high enough so that the normal boat wave action doe not come in contact with the understructure. It's pay to play. In the future I may develop it but right now its just a ski lake. 1 Link to comment Share on other sites More sharing options...
Baller skinut Posted December 12, 2023 Author Baller Share Posted December 12, 2023 1 hour ago, Golfguy said: Is this a real estate project, or pay to play concept. What is the site elevation? Amounts charged Single Family Per pull All of the above Keep the dock above the water high enough so that the normal boat wave action doe not come in contact with the understructure. We're at 4,500 feet. Link to comment Share on other sites More sharing options...
Baller jipster43 Posted December 13, 2023 Baller Share Posted December 13, 2023 Wow! Congrats @skinut !!! That is huge. I think your biggest issue will be keeping the riffraff from Montana out. How long did it take from purchase of the land to the first scoop of dirt? Link to comment Share on other sites More sharing options...
Baller LoopSki Posted December 14, 2023 Baller Share Posted December 14, 2023 I prefer BYOB with a 15 minute rotation unless no one’s waiting then can go as long as you want. 1 Link to comment Share on other sites More sharing options...
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