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Updated over 5 years ago,

User Stats

109
Posts
443
Votes
Matt Lyons
Pro Member
  • Rental Property Investor
  • Chicago, IL
443
Votes |
109
Posts

Hotel Buying..how best to evaluate the deal

Matt Lyons
Pro Member
  • Rental Property Investor
  • Chicago, IL
Posted

I am very close to closing on an underperforming hotel located about 8 hours from my home. Can anyone offer me any advice on the following:

How best to evaluate a fair price?

How difficult to own from a distance?

Any advice at all?

Thanks a bunch!

  • Matt Lyons