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Updated 7 months ago on . Most recent reply

User Stats

33
Posts
7
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Matt Giordano
  • Investor
  • Pennsylvania
7
Votes |
33
Posts

Bed & Breakfast Investors

Matt Giordano
  • Investor
  • Pennsylvania
Posted

Any B&B investors out there? 

Looking to purchase one and struggling with the right calculators to determine the real metrics.

  • Matt Giordano
  • Most Popular Reply

    User Stats

    40
    Posts
    19
    Votes
    Christopher Pride
    • Real Estate Consultant
    • Brookings, OR
    19
    Votes |
    40
    Posts
    Christopher Pride
    • Real Estate Consultant
    • Brookings, OR
    Replied
    Quote from @Matt Giordano:

    Any B&B investors out there? 

    Looking to purchase one and struggling with the right calculators to determine the real metrics.

    As I understand it (recently looked at buying a former bnb) you need to treat it like any other STR with your extra costs such as food, etc  baked in to the expenses. Getting a good handle on those are hard if you have no experience.

    Think of it like any other rental but calculate out what your food, linen, housekeeping, front desk, upkeep costs are just like any other expense.

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