Commercial level STR - analyzing big complexes

[Andrew Bosco]

How do you go about analyzing large complexes, farmer inns with tiny houses, campgrounds, etc? It seems a bit overwhelming, but if you piece it bit by bit - should  make sense. does anyone have a calculator they would be willing to share? 

Example: I'm looking to analyze large properties such as this: https://www.cliffhousemaine.com/ or campgrounds of any nature here. Just to gain some exposure to the field. 

[Brett Deas]

Are you looking to buy them or build your own?

If you're looking to buy its much easier, just get their P&L and analyze like you would any other business. These types of documents should always be available especially if they are trying to sell on market. 

If you're looking to build your own, you also should build your own comp base. If you are trying to do glamping tents, look at what other glamping tents rent for and reverse engineer it up from there. It takes a bit more work but also it's safer in my opinion because you aren't relying on someone else to do it for you.