And, looking to become more strategic with how we marketing/price our little hotel...we call it our hotel.

The hospitality industry lobbied pretty hard for that to happen to give them an edge since those are areas where hotels are located as opposed to residential zones. 

A dwelling unit does not include a unit in a hotel, motel, or other establishment in which more than 50% of the units are used on a transient basis.”)Benefits of a Cost Segregation StudyCapturing depreciation on STR property begins with a cost segregation strategy to maximize deductions.

The advantage of my "day" job is i have a lot of spare time sitting around hotels with little to nothing to do.

The renter doesn't have renter's insurance to cover a hotel stay, but the house isn't in bad shape and very livable.

I don't like the fact that you can't charge a deposit (even hotels charge $50/day as refundable deposit) and for all the work, I don't think it's worth it my time.I would really appreciate feedback about Nomad services.

Purchase price: $3,000,000 Cash invested: $67,000,000 Sale price: $87,500,000 We are purchasing a Distressed Office Building that is in Special Servicing (foreclosure) to convert to a Hotel.

If I lose at least my hotel room and food and maybe pay for my plane ride home .

There is much more competition for the smaller homes as hotels, condotels, condos, townhomes and small single family are all competing for the same guests.

Airbnb had a big push recently showing how they believe this has hurt the NYC market not only for tourism (hotel prices soaring compared to other areas) but LTR rents have went up still as well.